# FAW Bestune

Type: Company

Source: Retail Intelligence Brief — https://getretailbrief.com/entity/faw-bestune
Canonical HTML page: https://getretailbrief.com/entity/faw-bestune

## Timeline

- **2026-03-23**: Analyst Warnings — Automotive Foresight and HSBC warn that weak demand may force a reversal of these hikes.
- **2026-03-19**: Xiaomi SU7 Increase — Xiaomi raises SU7 starting price by 4,000 yuan citing supply chain pressure.
- **2026-03-10**: Chery Exeed Adjustment — Chery announces 5,000 yuan hike for ET5 and ends free smart driving packages.
- **2026-03-08**: FAW Bestune Hike — FAW Bestune launches 2026 Yueyi 03 with price increases up to 5,000 yuan.
- **2025-07-01**: Lithium Price Floor — Battery-grade lithium carbonate hits a low of 75,000 yuan per tonne.

## Recent coverage (1 stories)

### Chinese EV Makers Pivot to Price Hikes Amid Surging Supply Chain Costs
2026-03-24 00:31:28 · Sentiment: Negative · Impact: 7/10 · Sources: 2

Xiaomi, Chery, and FAW Bestune have announced price increases for key electric vehicle models, citing a 127% surge in lithium carbonate costs and a 90% jump in memory chip prices. While this marks a shift from the aggressive price wars of 2025, analysts warn that weakening domestic demand may force a reversal if consumer sentiment remains fragile.
Full story: https://getretailbrief.com/story/chinese-ev-price-hikes-supply-chain-demand

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