China's purchase subsidy policy for the new energy vehicle industry has expired at the end of last year. In addition, the price of the main raw materials of batteries in the second half of last year has risen significantly. China's new energy vehicle giant BYD announced Sunday (January 1)Get up the price of all its departments.

According to the price adjustment notice issued by the official Weibo of BYD Automobile on Saturday (December 31), due to the termination of the subsidy of the purchase subsidy of new energy vehicles, starting from January 1, 2023,And the official guidance price of Tengshi New Energy models is adjusted, raising the increase is 2,000 yuan to 6,000 yuan (RMB, the same below, about S $ 388 to S $ 1166).The price adjustment effect.

BYD's explanation of model price adjustment issued by BYD on November 23 last year has announced that it will adjust the official guidance price of the above models.The notice stated that price adjustment is related to the withdrawal of new energy vehicle countries, but at the same time, it has also been affected by the sharp rise in the price of the main raw materials of batteries since the second half of last year.

The four departments of the Ministry of Finance of China issued a notice in 2021 that China New Energy Vehicle Purchase subsidy policy will be terminated on December 31, 2022, and the vehicles on the license plate will no longer be given subsidies.Earlier, the subsidy quota was 4,800 yuan per unit of plug -in hybrid vehicles and 1,2600 yuan per pure electric vehicle.

According to surging news reports, industry sources have previously speculated that due to the expiration of the country, a new round of price increase will appear in China's new energy vehicle market at the end of 2022.After BYD announced the price increase in November, automobile companies such as GAC Ean and Changan Deep Blue also announced the price increase this year.At the same time, many brands such as Xiaopeng Automobile, Jiyang Automobile, and AITO asking circles have announced the price increase in the form of "limited time insured". The preservation policy generally stipulates that if users place orders before December 31Enterprises will bear the difference between the subsidy when buying a car.

Sales Express shows that in November last year BYD's new energy vehicles sold about 230,000 units, an increase of 134.3%year -on -year, of which passenger vehicle sales were 2,9900, an increase of 136.5%year -on -year.In the first 11 months of last year, BYD's new energy vehicle sales were 1.6283 million, a year -on -year increase of 219.38%.