Upstream costs are fully passed on, and the new energy vehicle industry has begun a price increase mode

As we enter March 2026, several domestic new energy vehicle companies may directly announce price increases or withdraw discounts as a disguised price hike, attracting market attention. Recent interviews revealed that price changes in the upstream supply chain caused by rising lithium prices and chip shortages are rapidly being transmitted to the sales end of downstream new energy vehicle companies, initiating a new round of "price hikes" in the industry. In this regard, industry experts analyze that the future price trend of new energy vehicles mainly depends on changes in upstream costs and market demand for new energy vehicles. (Shanghai Securities Journal)