Price Hike
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Tesla hikes Model 3, Model Y prices slightly in China
Tesla's move could help dispel the wait-and-see sentiment of some potential consumers, which could benefit sales in the near term.
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BYD's Denza brand hikes D9 EV price by $865
Deliveries of the Denza D9 EV began last week, with an executive saying at the time that the Denza received more than 10,000 new orders in February.
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Tesla raises prices of two higher-trim Model Y variants both by $290 in China
The small price increases for the Tesla Model Y mean that the model is unlikely to revert to price cuts in the near future, and is expected to dampen the wait-and-see attitude of some potential consumers.
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Tesla hikes price of basic Model Y by $295 in China
The wait time for the model remains the same as before at 2-5 weeks, and pricing and specifications for the rest of the Model Y variants and Model 3 in China remain unchanged.
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Neta raises vehicle prices by as much as $870 as subsidies exit
Neta's sales of 152,073 units in 2022 are the highest of China's major new car makers, but its flagship model starts at half the average sales price of Nio models.
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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.
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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.
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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.
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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.
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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.
