Li Auto for the first time tops Chinese NEV startups by monthly insurance registrations
Shanghai (ZXZC)- Li Auto, the NEV manufacturer with only one production model for sale, recorded 7,827 units of monthly insurance registrations in June, according to the China Automotive Technology & Research Center. It was the first time for Li Auto to rank highest among Chinese NEV startups by monthly insurance volume.
With three mass-produced models for sales, NIO was the runner-up startup in June with an insurance volume of 7,777 units. Besides, XPeng ranked third with 6,639 G3s and P7s registered in June.
Among luxury new energy SUV models in China, the Li ONE occupied the second place by June insurance registrations, only following the champion Model Y (11,513 units). NIO's three models—the ES6, the EC6, and the ES8, all entered the top 6 rankings, ranking third, fourth and sixth respectively.
Among luxury brands, Li Auto ranked tenth by June insurance registrations, the best performance for Chinese NEV startups. The top 3 luxury brands were still BMW, Audi, and Mercedes-Benz. Tesla ranked fourth with a registration volume of 28,530 units.