On the evening of March 18, Xiaopeng Automobile, a new car-making force, announced a price increase on its official public account. Xiaopeng Automobile said that affected by the continuous sharp rise in the price of upstream raw materials, Xiaopeng Automobile will adjust the price of the models on sale, and the increase in the price before the subsidy will range from 10,100-20,000 yuan, and the price adjustment will take effect from 00:00 on March 21, before which users who pay deposits through official channels such as Xiaopeng Motors APP and official website are not affected by this price adjustment.
The automotive industry pays attention to the official website of Xiaopeng Automobile and learned that the current price range of Xiaopeng G3i is 154,600-19.32 million yuan, the price range of Xiaopeng P5 is 162,700-22.93 million yuan, and the Price range of Xiaopeng P7 is 22.42-40.99 million yuan. According to media reports, the Xiaopeng G3i will be raised by 1.07-14,300 yuan, the Xiaopeng P5 will be raised by 1.32-15,600 yuan, and the Xiaopeng P7 will be raised by 1.01-2.0 million yuan. As of press time, the official website of Xiaopeng Automobile has not updated the adjusted price.
Previously, Xiaopeng Automobile had raised prices on January 11, of which Xiaopeng P7 rose by 4300-5900 yuan, Xiaopeng P5 rose by 4800-5400 yuan, and Xiaopeng G3i rose by 4800-5400 yuan.
According to public information, Xiaopeng Automobile was founded in 2014 and has three models for sale: P7, G3 and P5. In the past year, Xiaopeng Automobile is the largest delivery among the new domestic car-making forces, with a total of 98,155 new cars delivered, while from January to February this year, Xiaopeng Automobile delivered 19,417 vehicles, of which 6,225 were delivered in February, an increase of 180.0% year-on-year and 51.8% month-on-month.
In addition to Xiaopeng Automobile, another new force car company, Nezha Automobile, also raised the price of vehicles today. Late at night on March 17, Nezha Automobile announced on its official Weibo that it would adjust the price of its models on sale, with vehicles ranging from 3,000-5,000 yuan, and the price adjustment took effect from today (March 18), before which users who paid deposits through official channels such as Nezha Automobile APP and official website were not affected by this price adjustment.
The automotive industry paid attention to the official website of Nezha Automobile that Nezha V and Nezha V Pro rose by 3,000 yuan; in addition to the price of the 400 freehand version of Nezha U Pro, the price of the other 4 versions rose by 5,000 yuan. As for the reason for the increase in vehicle prices, Nezha Automobile officially said that it was affected by many factors such as rising upstream raw material prices and tight supply chains.
This is also the second time that Nezha Automobile has raised the price of vehicles this year. On January 1, Nezha Automobile announced an increase in the guidance price of its Nezha U and Nezha V official manufacturers, of which some Nezha U models were raised by 3,000-5,000 yuan, and some Nezha V models were raised by 2,000 yuan.
According to the data, Nezha Automobile was established in 2014, and the first model Nezha N01 was officially launched on November 16, 2018. On March 21, 2020, Nezha Automobile's second mass production car, Nezha U, was listed, and Nezha U provided two versions of 500km+ long endurance and 400km + standard endurance, a total of six models, and the official guidance price range after subsidies was 13.98-19.98 million yuan. On November 3, 2020, Nezha Automobile's third mass-produced model, Nezha V, was officially launched, and the new car provided two versions of 401km long endurance and 301km standard endurance, a total of four models. On March 21, 2021, the upgraded Nezha U Pro of Nezha Automobile Nezha U released a pre-sale, Nezha U Pro has a total of three models, including a new comprehensive working mileage of 610km of the fire version, the pre-sale guidance price subsidy after the range of 140,000-170,000 yuan.
In terms of sales, the cumulative delivery volume of Nezha Automobile in 2021 was 69674 vehicles, delivering more than 10,000 vehicles for two consecutive months, an increase of 362% year-on-year, and the cumulative delivery volume of Nezha Automobile from January to February this year was 18126 vehicles, an increase of 332% year-on-year, of which the delivery volume in February was 7117 vehicles, surpassing Xiaopeng Automobile and Weilai Automobile.
On March 17, Gao Feng, spokesman of the Ministry of Commerce, said at a regular press conference of the Ministry of Commerce that the sales of new energy vehicles in China in the first two months of 2022 increased by 1.5 times year-on-year, accounting for 17.9% of new car sales. Although the sales volume is gratifying, for many car companies, it may not reduce their pressure. Upstream raw material prices continue to rise, international transportation costs increase, "lack of core and less electricity" and other supply chain problems are bringing trouble to more and more car companies.
It can be seen that in recent days, including Tesla, BYD, Chery New Energy and other car companies have announced price increases, of which Tesla has raised prices three times in 8 days. The automotive industry is concerned that the reason for the rising prices of new energy vehicles is nothing more than the impact of the global shortage of chips and components, the continuous sharp rise in raw material prices and the decline of subsidies for new energy vehicles. According to CCTV Finance, from the end of 2020, the price of lithium carbonate, one of the raw materials for the power battery of the core components of new energy vehicles, has risen all the way, and the price of lithium carbonate at the end of 2020 has basically remained at 50,000 yuan / ton, and after more than a year, the price of lithium carbonate has risen to 500,000 yuan / ton. At present, the prices of new energy vehicle raw materials lithium, nickel (ternary cathode), aluminum (structural parts, parts) are at a historical high, especially lithium carbonate, the price has risen from 50,000 yuan per ton to 500,000 per ton in just one year, and nickel and cobalt have also increased by more than 60%. At the same time, the tight supply of automotive chips worldwide has also indirectly led to an increase in the cost price of car companies. In this environment, the cost of new energy vehicles has risen sharply, and there has been a phenomenon of upside down the price of new energy vehicles on the market, with a loss of about 10,000 yuan per car sold. Therefore, the announcement of price increases for new energy vehicles is also expected.
Since the beginning of the year, the automotive industry new energy vehicles announced price increases include Tesla, Xiaopeng Motors, Nezha Automobile, GAC Eian, Feifan Automobile, BYD, Euler Automobile, SAIC-GM-Wuling, Volkswagen, Zero-run Cars, Extreme Krypton, Geometric Cars, Ford Motors, WM Motors, Roewe and other brands, involving nearly 40 models, almost including most of the mainstream new energy vehicles in the market, vehicle increases of as little as 1,000 yuan, more than tens of thousands of yuan.
For the recent announcement of price increases by car companies, Cui Dongshu, secretary general of the Association, said, "The rise in raw material prices has indeed brought a greater impact on the new energy vehicle market, but the current terminal consumer demand for new energy vehicles has not changed." Therefore, short-term price fluctuations will not have a significant impact on the sales target of 5.5 million units this year. However, the price increase in the upstream is bound to affect the profitability of new energy vehicle companies, and it is expected that the days of new energy vehicle companies will be more difficult this year.
However, some netizens broke the news that in the personal circle of friends, Weilai President Qin Lihong commented on the article, "Weilai will not increase prices." This also indicates that in the recent period, Weilai will not increase its price.
Automotive industry attention Popular automotive media
Share valuable car news every day
A platform for Autobots