On the evening of April 6, the official release of the news that from May 1, 2022, all models of the Extreme Fox brand will be adjusted to a certain price, and the specific adjustment plan will be announced before April 30, 2022. Prior to this, the original customer rights and conditions of all models of the Jihu brand can be consulted with the direct sales store or local dealer.
In 2022, under the influence of multiple factors such as the decline of the national subsidy, the shortage of chips, and the continuous sharp rise in the price of upstream raw materials, many car companies have successively carried out one, two or even three rounds of price increases. According to the statistics of the first electric network, in March alone, nearly 20 car company officials including Tesla, GAC Eian, BYD, Chery New Energy, Nezha, Geely Geometry, Great Wall Euler, SAIC Roewe, Wuling, Xiaopeng, Zero Run, Weima, Ideal, Skyworth, Aichi, Weima, Dongfeng Lantu, Changan New Energy and so on announced price increases. The polar fox has not adjusted the price, which is really rare and valuable.
Polar Fox Motors, which owns Alpha S, Alpha S Hi Edition and Alpha T, is priced after subsidies: Alpha S (including Hi Version) is 251,900-34.49 million yuan, and Alpha T is 241,900-31.99 million yuan.
Automotive industry analyst Mark Wakefield said: "(Car production) without a small part can not produce the whole car. We will face an even more serious crisis if Russia starts to reduce exports of raw materials (needed to produce cars) or if sanctions prevent Russia from providing them. We are sensitive now because there is no inventory in the supply chain, just recovering from the pandemic, everything is just getting started, and any unexpected situation will affect car production, either forced to stop production or significantly increase unplanned costs.