Price Hike
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Geely's EV brand Geometry raises prices by up to $1,100
Geometry has raised the prices of its models by RMB 3,000-7,000 ($1,100) due to factors including rising raw material prices.
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Leapmotor raises prices of its flagship SUV by up to about $4,720
Leapmotor said this is due to a sharp increase in raw material prices and a reduction in state subsidies for NEV purchases.
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Deutsche Bank on Xpeng price hikes: Demand won't face structural impact
Considering that many other automakers are also raising prices, the team does not expect any structural impact on future demand.
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Xpeng confirms imminent price hikes of up to $3,140 due to rising raw material prices
Xpeng has announced that it will increase the pre-subsidized price of its current models by RMB 10,100 to RMB 20,000 ($3,140) due to continued significant increases in raw material prices.
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Neta becomes latest Chinese EV maker to raise prices
Neta, which sells most of its models for less than RMB 100,000, has raised the prices of its available models by RMB 3,000-5,000.
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Xpeng reportedly to cancel free charging benefits at end of this month
Xpeng scaled back its 3,000 kWh per year free charging entitlements to 1,000 kWh on August 1 of last year, and now they're getting scrapped altogether.
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Chery raises prices of its budget EV models by up to $1,120
The price range for these budget models is RMB 29,900 - RMB 81,900, and the increase is close to 10 percent for several models.
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Xpeng rumored to hike prices of all models next week
Xpeng's entire model lineup will see price hikes starting March 21, with the P7 going up by RMB 20,000 ($3,152) and the P5 and G3i both going up by RMB 10,000, local media said.
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Tesla raises price of entry-level Model Y in China
The entry-level Model Y, which was left out of the price hike two days ago, is now seeing a price increase as well.
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BYD hikes prices for second time this year after Tesla
The move comes as raw material prices continue to rise sharply.
