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The price of a Bear electric appliances unit is about to go up to $2.8 million, the company said Thursday.
The new price will go into effect Nov. 4, 2017.
Bear electric and marine appliances are the most popular consumer items in the U.S. The company is offering the units for $1,999.99.
The unit is designed to run on battery power.
The Bear electric products will be sold in more than 25,000 locations worldwide, including online, through dealers and direct sales.
The price is $1.4 million.
The Bear is not included in the price increase announced Thursday.
In December, the Bear company said it will stop selling the Bear electric units and replace them with its new, larger models.
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