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.
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.
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.
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.
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…
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.
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.
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.
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…
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.