Due to cost pressure, SAIC Roewe New Energy models have been adjusting prices since March 1

Blue Whale Automobile on February 12, today SAIC Roewe announced that it will raise the price of a number of its new energy models.

Regarding the reasons for the increase in new energy products, SAIC Roewe said that due to the global chip shortage and the decline of the national new energy subsidy policy and other unfavorable factors, forced by the upward pressure of costs, SAIC Roewe had to decide to raise the official guidance price of many of its new energy models from March 1, 2022 to cope with changes in the new energy market.

According to the price increase forecast released by SAIC Roewe, customers who have paid a deposit before this time to sign a car will not be affected by this price adjustment.

SAIC Roewe said that the global chip shortage, pushing up production costs, subsidy policies declining, affecting terminal prices, multiple force majeure factors led to product prices rise, but also hope that consumers understand. At the same time, we will make every effort to ensure the production capacity and supply of our models.

SAIC Roewe did not announce the specific price increase amount of the product in the forecast of the price increase of new energy products. According to official data, SAIC Roewe sold 9,892 new energy models in January 2022, an increase of 80% month-on-month and an increase of 85% year-on-year.

Before SAIC Roewe released the price increase forecast, BYD, Xiaopeng Automobile, Nezha Automobile, GAC Aean, Feifan Automobile, Wuling Hongguang's many new energy models have announced price increases, with a price increase of about 3,000-5,000 yuan.