Price Hike
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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.
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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.
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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.
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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.
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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.
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NEV maker says CATL has raised battery prices twice since second half of last year
The cost of a NEV increased by RMB 10,000 ($1,570) after the last battery price hike, and rose by another RMB 10,000 not long ago.
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Nio says it has no plans to raise prices at this time
Battery maker CATL is one of the largest shareholders of Mirattery, Nio's battery rental service joint venture.
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Great Wall Motor's Ora brand hikes prices by up to $1,100
Ora will adjust the post-subsidy prices of all versions of the 2022 Good Cat model by RMB 6,000-7,000 ($1,100) starting March 23.
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WM Motor raises prices further by up to $4,090
After raising the prices of some models on March 1, WM Motor will raise prices again by 7,000 to 26,000 yuan ($4,090) starting March 28.
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Li Auto CEO expects more EV makers to raise prices as Q2 battery costs rise ridiculously
Li Auto CEO said that most of the EV makers that have not yet announced price increases are those whose contracts with battery suppliers have not yet been finalized, and they will also increase prices once they are.
