Industry dynamics

China EV insurance registrations for week ending Sept 3: Tesla 11,800, Li Auto 7,400, Nio 5,000

Publishtime:1970-01-01 08:00:00 Views:12

Xpeng saw insurance registrations of 3,100 units last week, down 6.06 percent from 3,300 units in the previous week. BYD saw registrations of 50,800 units last week, down 1.74 percent from the previous week.

Tesla cut the price of both the Model Y Long Range as well as the Model Y Performance in China by 14,000 yuan ($1,930), or about 4 percent, on August 14. The entry-level Model Y was unchanged at the time.

Tesla unexpectedly began pre-sales of the revamped Model 3 in China on September 1, and then had the model unveiled at the China International Fair For Trade in Services, which is being held in Beijing.

BYD sold 50,800 units last week, down 1.74 percent from 51,700 units the week before.

BYD sold 274,386 NEVs in August, a new record high, according to a September 1 announcement.

Denza, BYD's premium brand, was at 2,500 units last week, up 8.7 percent from 2,300 the week before.

Neta was at 3,300 units last week, up 43.48 percent from 2,300 the week before.

Zeekr was 3,100 last week, the same as the previous week.

Leapmotor was at 2,900 last week, down 6.45 percent from 3,100 the week before.

Data table: China EV weekly insurance registrations