Weekly EV Insurance Registrations in China: Tesla, BYD, Nio, Xiaomi

...Source: https://cnevpost.com/2024/12/03/china... Transcript: According to China EV Post, major electric vehicle makers in China saw rising insurance registrations last week, reflecting strong end-of-month delivery trends.

BYD led the market with 97,800 registrations, up 1.98% from the prior week. The company sold 506,804 new energy vehicles in November, a 67.87% increase year-over-year and its second month exceeding 500,000 units.

Tesla recorded 18,700 registrations, up 11.98% from the previous week. Tesla China is offering a $1,380 discount on certain Model Y variants for orders delivered by December 31. Additionally, its 0% interest financing offer for Model 3 and Model Y has been extended through year-end.

Li Auto had 11,900 registrations, a 2.59% weekly increase. The company delivered 48,740 vehicles in November but needs 59,817 deliveries in December to meet its quarterly target.

Xpeng achieved 9,400 registrations, up 30.56%. November marked its first month surpassing 30,000 deliveries, driven by the Mona M03 and P7+ models.

Nio reported 4,100 registrations, a slight 2.50% increase. November deliveries totaled 20,575 vehicles, including 5,082 from its sub-brand Onvo, which launched in September.

Leapmotor hit a milestone with 40,169 deliveries in November,