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Nezha Automobile raised the price of models on sale, increasing the price by 3,000-5,000 yuan

Nezha Automobile raised the price of models on sale, increasing the price by 3,000-5,000 yuan

Source: Nezha Car

Jiwei Network news, in the early morning of March 18, Nezha Automobile announced that due to the rise in the price of upstream raw materials, and the tight supply chain supply and many other factors, the price of the models on sale will be adjusted, ranging from 3,000-5,000 yuan.

Nezha Automobile raised the price of models on sale, increasing the price by 3,000-5,000 yuan

The price adjustment took effect at 00:00 on March 18, and before that, users who paid deposits through official channels such as Nezha Automobile APP and official website were not affected by this price adjustment.

It is reported that this is the second price increase of Nezha Automobile after years. But at present, this does not seem to affect the market performance of Nezha Automobile. Nezha Automobile delivered 7,117 cars in February, an increase of 255% year-on-year, and won the second place in the delivery list of new domestic car-making forces, second only to ideal cars; from January to February, the total delivery of more than 18,000 vehicles, an increase of 332% year-on-year, also after ideal cars and Xiaopeng Motors, won the third place in the delivery list of new domestic car-making forces.

2022 is crucial for the development of Nezha Automobile. On February 21, 2022, "LatePost" reported that Hezhong New Energy, a company owned by the Nezha Automobile brand, has recently completed a new round of financing of more than 2 billion yuan, and the main investment institutions include CRRC Fund under CRRC Group and Shenzhen Venture Capital with a state-owned background in Shenzhen.

This round of financing is the third round of Nezha's Series D financing. According to public information, in October 2021, Nezha Automobile officially announced the completion of the D1 round of financing of 4 billion yuan. The financing was led by 360 Group with an investment of 2 billion yuan, followed by many well-known investment institutions such as CCB International, CITIC Securities Investment, Shenwan Hongyuan Hong Kong New Energy Industry Fund, and Jifu Venture Capital. In December of the same year, the company also disclosed the D++ round of financing in which CATL, 360, BAIC Production and Investment participated.

According to reports, after the completion of the D series financing, Nezha Automobile is valued at more than 25 billion yuan and may start listing this year. At the same time, in January this year, Nezha Automobile ushered in the 100,000th mass production car off the line, the company publicly stated that in 2022 Nezha Automobile to a higher goal to launch a sprint, and for global development, Nezha Automobile has issued a Nezha V right-hand drive version of the model for overseas markets, and announced "going to sea", is expected to officially open the expansion and layout of the Southeast Asian market in the first half of 2022, at the same time, Nezha S, which represents the future intelligent exploration of Nezha Automobile, will also fully enter the European market after listing at the end of 2022. In turn, it accelerates the process of Nezha Automobile's globalization strategy.

(Proofreading/Jimmy)

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