Daily Archive: February 7, 2023

China NEV insurance registrations for week ending Feb 5: BYD 24,280, Tesla 8,643, NIO 1,948

Insurance registrations for NEVs in China by major EV makers rebounded last week, although they have not yet reached the levels seen before the Chinese New Year holiday.

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CICC expects China NEV sales to reach 1.5 million in Q1, with Jan as recent low point

CICC expects the first quarter to contribute 15.7 percent of China's 2023 NEV sales, with 20.7 percent, 27.6 percent and 35.9 percent from the second to fourth quarters, respectively.

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