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From today, the purchase of new energy vehicles will no longer enjoy subsidies, combined with the rise in raw material prices, many new energy vehicle companies have previously announced that they will raise the retail prices of automobiles. Some car companies are still offering promotional activities, hoping to stimulate sales by extending the price guarantee period. In addition to new energy vehicles, some rbob gasoline car brands are also adjusting prices. In response to this, industry experts mentioned that compared to new energy companies, traditional car companies are facing shrinking demand, lack confidence in price increases, and with the continuous reduction of manufacturing costs of electric vehicles and the continuous expansion of total volume, the automotive industry will not experience a significant increase in prices in 2023.

$XPENG-W (09868.HK)$ From today, the purchase of new energy vehicles will no longer enjoy subsidies, combined with the rise in raw material prices, many new energy vehicle companies have previously announced that they will raise the retail prices of automobiles. Some car companies are still offering promotional activities, hoping to stimulate sales by extending the price guarantee period. In addition to new energy vehicles, some rbob gasoline car brands are also adjusting prices. In response to this, industry experts mentioned that compared to new energy companies, traditional car companies are facing shrinking demand, lack confidence in price increases, and with the continuous reduction of manufacturing costs of electric vehicles and the continuous expansion of total volume, the automotive industry will not experience a significant increase in prices in 2023. $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$
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