[Purchases of new energy vehicles are no longer subsidized, and some NEV prices will increase on New Year's Day]
$XPENG-W(09868.HK$ Starting today, the purchase of new energy vehicles will no longer be subsidized. Coupled with rising raw material prices, a number of new energy vehicle companies have previously announced that they will raise the retail price of automobiles. Currently, some car companies are still launching preferential promotions, hoping to stimulate sales by extending the insurance period. In addition to new energy vehicles, some fuel vehicle brands are currently also making price adjustments. In response, industry experts said that compared with new energy companies, demand from traditional car companies has shrunk and there is insufficient motivation to raise prices. As the manufacturing cost of new energy vehicles decreases and the total scale continues to expand, the automobile industry will not continue to experience a sharp increase in prices in 2023. $Tesla(TSLA.US$ $NIO Inc(NIO.US$
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