Price Hike
GAC Aion raises vehicle prices by up to $1,130
GAC Aion is raising the price of its models by RMB 3,000 to RMB 8,000, citing the impending withdrawal of subsidies and rising raw material prices.
BYD raises vehicle prices, effective Jan 1
BYD said this is due to the imminent expiration of China's NEV purchase subsidies, as well as a significant increase in the prices of key raw materials.
Leapmotor raises prices of T03 for second time this year
Leapmotor T03's price has been raised by RMB 5,600 to RMB 6,600 due to higher raw material prices.
BAIC's Arcfox brand to raise prices on some models by about $820
Arcfox originally planned to start raising prices on May 1, but the plan has been postponed to May 16.
CATL says it has renegotiated prices with customers to jointly address supply chain pressures
CATL is very cautious when it comes to prices in order to maintain a healthy industry, but prices have risen too quickly this year, an executive said.
Huawei-backed AITO to raise prices of first model M5 next month
AITO Wenjie M5 retail sales in March were 3,045 units, according to data released by the CPCA earlier this month.
Leapmotor raises prices of its small EV T03 by up to $1,100
The affordable T03 is Leapmotor's main seller, with 39,149 units delivered in 2021.
Li Auto to raise price of Li ONE from April 1
Li Auto will raise the price of the Li ONE by RMB 11,800, blaming the continued sharp increase in raw material prices.
CAAM has included raw material price inflation in its monitoring, senior official says
Regulators have taken a clear stand against unfair competition and have made it clear they will firmly crackdown on such behavior, a senior CAAM official said.
Chinese regulators express concern over rising EV battery material prices
Chinese regulators are asking industry players to step up efforts to secure supplies to better support the healthy development of China's strategic emerging industries, including NEVs.