Upstream costs are fully transmitted, and the new energy vehicle industry has entered a price increase mode.

In March 2026, several domestic new energy vehicle companies have either directly announced price increases or withdrawn discounts and indirectly raised prices, attracting market attention. A recent interview revealed that the changes in upstream prices caused by rising lithium prices and chip shortages are rapidly passing down to the downstream new energy vehicle sales end, triggering a new round of "price hike wave" in the industry. Industry experts analyze that the future price trend of new energy vehicles mainly depends on changes in upstream costs and the demand in the new energy vehicle market.