China EV insurance registrations for week ending Sept 1: Nio 6,000, Tesla 14,400, Xiaomi 2,900, BYD 88,800
For the week ending Sept 1, major electric vehicle manufacturers in China saw increased insurance registrations. Nio registered 6,000 vehicles, Tesla 14,400, Xiaomi 2,900, and BYD 88,800. Li Auto recorded 11,300 registrations, Xpeng 3,500, and Zeekr 4,600. Year-on-year, Nio's registrations rose by 30.43%, while Tesla's and BYD's saw slight increases of 1.41% and 1.14%, respectively. Overall, these figures indicate a growing trend in insurance registrations among China's EV makers.
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Li Auto had 11,300 insurance registrations last week, Xpeng 3,500, Zeekr 4,600, Leapmotor 7,000 and Aito 8,900.
Major electric vehicle (EV) makers mostly saw a rise in insurance registrations in China last week.
For the week of August 26 to September 1, Nio (NYSE: NIO) saw 6,000 insurance registrations of its vehicles in China, up 30.43 percent from 4,600 in the previous week, according to data shared today by Li Auto (NASDAQ: LI).
Li Auto stopped sharing weekly insurance registrations numbers earlier this year, and after doing so for about 1 year. In early May, it resumed sharing those numbers.
Li Auto had 11,300 insurance registrations last week, down 2.59 percent from 11,600 the week before.
Xpeng (NYSE: XPEV) had 3,500 insurance registrations last week, up 25 percent from 2,800 the week before.
Tesla (NASDAQ: TSLA) had 14,400 insurance registrations in China last week, up 1.41 percent from 14,200 the week before.
BYD (HKG: 1211, OTCMKTS: BYDDY) had 88,800 insurance registrations last week, up 1.14 percent from 87,800 the week before.
Data table: China EV insurance registrations in Aug 26-Sept 1
