On April 12, according to Mysteel statistics, since January 1, in the face of a sharp rise in raw material prices, shortages of chips and core components, and the decline of new energy car purchase subsidies, more than 30 new energy car companies have increased prices, ideal, Xiaopeng, Weilai and other new car-making forces, an increase of 20-50%; Tesla, BYD, Great Wall, Geely, SAIC, GAC and other car companies have also raised some models.
The new energy vehicle industry chain has a long process and a chain of interlocking supply chains, including upstream components, components, batteries, chips, etc., and the lack of supply in all links will affect production. Especially in April, the domestic epidemic situation increased, as the domestic automobile industry production weights of Shanghai, Jilin was greatly affected by the epidemic, and many car companies are currently in a state of suspension.
Due to the rise in raw materials and the impact of the epidemic, 11 companies such as BMW, Great Wall, Lynk & Co, Weilai, chery New Energy have successively raised the prices of their new energy vehicles, with increases ranging from a few thousand yuan to tens of thousands of yuan, and the phenomenon of general rise in the industry has intensified. Jihu Automobile and JiKr Automobile said that from May 1, some models will be adjusted to certain prices, and the specific adjustment plan will be announced before April 30, 2022.
Despite the pressure of rising prices of new energy vehicles and the supply side, the new car-making forces still maintained a high growth rate in the first quarter of 2022. According to the data of the China Automobile Association, the sales of new energy vehicles were 484,000 units, an increase of 1.1 times year-on-year, and many key new energy vehicle companies maintained rapid growth. Affected by the outbreak of the epidemic and the demand for overdraft of new energy vehicle prices in April, it is expected that the growth rate of new energy vehicles in April will be under pressure.
In terms of the impact of the epidemic currently facing the automotive industry, Cui Dongshu, secretary general of the Association, said that the direct loss and impact of the current epidemic on national automobile production accounts for about 20% of the total output, and the future is still facing greater uncertainty. Cui Dongshu said that at present, the association has not yet made adjustments to the annual sales forecast, and still maintains a sales forecast of 5.5 million new energy vehicles, but it is expected to make a sales forecast for fuel vehicle sales later.