The price of Ruilan Automobile will be adjusted, which will increase by 5000 to 8000 yuan from January 1, 2023.

According to CTOnews.com news on December 22, Ruilan Automobile released a note today saying that due to the subsidy policy for new energy vehicles and the sharp rise in global raw materials, Ruilan Automobile will adjust its price from January 1, 2023, an increase of 5000 to 8000 yuan.

The description shows that the price of all electric models except Ruilan 9 will be adjusted from 00:00 on January 1, 2023, and the price adjustment notice for specific models will be issued separately. Customer orders that have previously signed contracts will not be affected by this price adjustment.

CTOnews.com learned that Ruilan Automobile is a car brand jointly funded by Geely Automobile and Lifan Technology.

Prior to this, Ruilan 9 launched four models on December 17, with a subsidized body price of 10.99 to 129900 yuan and a ternary lithium battery capacity of 52.56 kilowatt hours, corresponding to a range of 380x470km of CLTC.