Changan and BYD Raise Prices on Select Models Amid Competitive 2026 Automotive Market

Published: May 19, 2026 09:35

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After a prolonged wave of price cuts, the automotive market has entered a rare price-hike cycle in the fiercely competitive year of 2026. Changan Automobile and BYD have both recently announced price increases on select models. Changan's Qiyuan Q07 Tianshu Intelligent Laser Edition has seen its official suggested retail price raised by 3,000 yuan, while BYD's optional add-on price for the assisted-driving laser edition on certain models will increase from 9,900 yuan to 12,000 yuan — a rise of 2,100 yuan. The announcements have sent shockwaves through the industry.

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