EV prices in China increase due to inflation and chip crunch

Staff reporter, Taipei; Yusin Hu, DIGITIMES Asia 0

Credit: AFP

Chinese carmaker XPeng is reportedly raising prices of its electric vehicles (EV) by CNY10,000-20,000 (US$1,500-3,200) due to inflation in material prices and persisting shortages of semiconductors, according to industry sources.

The premium content you are trying to open requires News database subscription. Please sign in if you wish to continue.