Subsidies for new energy vehicles have declined: the price of Xiaopeng has risen by 5,000, and Weilai has no price increase plan

With the decline of subsidies for new energy vehicles in 2022, the new forces of car manufacturing have ushered in a wave of price increases.

On January 11, according to the official website of Xiaopeng Automobile, all models of Xiaopeng raised the price after subsidies, with an average increase of about 5,000 yuan. Among them, the price of Xiaopeng P7 after subsidy is 224,200-40.99 million yuan, up 4300-5900 yuan; the price after P5 subsidy is 162,700-22.93 million yuan, up 4800-5400 yuan; G3i subsidy price is 15.46-19.32 million yuan, up 4800-5400 yuan, the model configuration has not changed.

It is reported that Xiaopeng Automobile is the sales champion of domestic new forces car companies in 2021, and the total delivery volume of the whole year has reached 98155 vehicles, which is 3.6 times that of 2020.

The industry generally believes that this price increase is in response to the decline of new energy subsidies. The surging news asked Xiaopeng Automobile about this, and as of press time, Xiaopeng did not explain this.

According to the requirements of the "2022 New Energy Vehicle Promotion Subsidy Plan" (hereinafter referred to as the "Subsidy Plan") jointly issued by the Ministry of Finance, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, and the Development and Reform Commission, from January 1, 2022, the subsidy standard for new energy vehicles will be reduced by 30% on the basis of 2021.

Before Xiaopeng, there have been other new forces car companies that have raised prices. The surging news reporter learned from the Nezha car store that since January 1, Nezha automobile has increased in price, of which the price of Nezha V, Nezha U Pro and other models has increased by about 2,000 yuan to 5,000 yuan.

Weilai Automobile replied to the surging news that there is no plan to increase prices at present.

Weilai Automobile said, "In 2021, the monthly penetration rate of new energy vehicles will exceed 20%, which shows that the new energy vehicle market has entered the market-driven stage driven by the original policy (subsidies, license restrictions, traffic restrictions, etc.). Taking NIO as an example, NIO has achieved very good market results in non-restricted cities such as Suzhou, Wuxi, Jiaxing, and Shaoxing in 2021. At present, the product strength of new energy vehicles in various price points has significantly surpassed that of fuel vehicles; with the improvement of the energy replenishment system, the use experience of new energy vehicles is getting better and better. Coupled with policies such as exemption from purchase tax, the competitiveness of new energy vehicles is generally getting stronger and stronger. The subsidy decline is something that the entire market has clear expectations and will not have a negative impact on the consumption of new energy vehicles. ”

Since the "Subsidy Plan" will exclude more than 300,000 yuan of models from the scope of subsidies from 2021 (except for power-changing models), the only model of ideal car will be priced at more than 300,000 yuan. Therefore, from 2021 onwards, the ideal car will not be able to enjoy subsidies and bear the price difference by itself. However, in May 2021, Ideal made a revamp of Ideal ONE, which increased the price by 10,000 yuan compared with the old model. Since the subsidy will not be enjoyed in 2021, the subsidy decline will not have a direct impact on the ideal car.

The Association said that with the implementation of the new energy subsidy decline, the price of some models has been fine-tuned, and the consumer mentality has also changed, and the demand for new energy vehicles will still be slightly affected. However, new energy vehicles continue to be hot, and there is currently a large backlog of undelivered orders in the early stage, so most of the sales of new energy models will not be significantly affected by the decline.

It is worth noting that 2022 will be the last year of the implementation of the new energy subsidy policy. According to the requirements of the "Subsidy Plan", from 2023, the new energy vehicles on the plate will no longer enjoy subsidies, and new energy vehicles will move towards a more adequate marketization stage.