Last mentioned: Mar 24, 2026
Xiaomi SU7 Pricing
Xiaomi announces a 4,000 yuan price increase for the SU7 standard version, citing component costs.
Chery Exeed Adjustment
Chery's Exeed brand announces a 5,000 yuan hike for the ET5, effective March 21.
FAW Bestune Hike
FAW Bestune launches the 2026 Yueyi 03 with price increases ranging from 2,000 to 5,000 yuan.
DRAM Price Surge
Memory chip prices begin a 90% surge in Q1 2026 driven by intense demand from the AI sector.
Lithium Price Floor
Lithium carbonate prices hit a low of 75,000 yuan per tonne before beginning a steady ascent.
Xiaomi, Chery, and FAW Bestune have implemented price hikes for key electric vehicle models, citing sharp increases in lithium and semiconductor costs. While these moves signal an end to the aggressive price wars of 2025, analysts caution that sluggish consumer demand may soon force manufacturers to backtrack.