Monthly Archive: May 2023

China NEV insurance registrations for week ending May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

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vehicles registered 10,200 insurance units in China last week, bringing the number to 26,118 for the first three weeks of May.

founder, chairman and CEO Li Xiang said last week that they had been complained about by some of their peers and therefore could not continue to share the weekly insurance registration numbers.

Interestingly, however, the company resumed sharing those numbers today to continue to show that it leads the pack among Chinese new energy vehicle (NEV) startups.

For the week of May 15 to May 21, Li Auto sold 7,100 units, far outpacing other new car brands and reigning as the weekly sales leader for new automaking brands in the Chinese market, the company said today on Weibo.

Li Auto did not explain on what basis the sales were counted, but apparently, they were insurance registrations.

Li Auto surpassed all other traditional luxury brands except Mercedes-Benz, BMW and Audi to remain in the top five luxury brands in the Chinese market in terms of sales, the highest-ranked Chinese brand on the list, it said.

In the first two weeks of May, Li Auto vehicles had 4,543 and 6,670 insurance registrations, respectively. This means that from May 1 to May 21, Li Auto sold about 18,313 vehicles.

The tables Li Auto shared today show that vehicles had 1,400 insurance registrations last week. This means that NIO had 3,700 insurance registrations for the first three weeks of May.

NIO deliveries continue to be curbed by the upcoming launch of the new ES6, with insurance registration figures of 1,100 and 1,200 in the first and second weeks of May, respectively.

NIO will officially launch the new ES6 on May 24, and its deliveries will start on May 25.

The company is getting the ES6 to market with unprecedented delivery efficiency, and as of May 20, the new ES6 show cars were available at nearly 300 NIO stores in 92 cities.

registered 1,500 insurance units last week, the same as the previous week. In the first three weeks of May, XPeng vehicles had 3,870 insurance registrations.

XPeng deliveries were also dampened by the new model G6, which is expected to officially launch and begin deliveries at the end of next month.

Insurance registrations for Tesla vehicles in China were 10,200 last week, bringing the figure to 26,118 for the first three weeks of May. The number was 5,928 and 9,990 in the first two weeks of May.

Data table: China NEV weekly insurance registrations

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Tesla offers China-made Model 3 and Model Y in Canada, report says

Both models are eligible for a C$,000 federal incentive in Canada.

(Screenshot of Canada website.)

Tesla (NASDAQ: TSLA) is listing China-made Model 3 and Model Y electric vehicles (EVs) for sale in Canada, confirming that it has completed its first shipments to North America from its Shanghai plant, according to a Reuters report today.

The rear-wheel drive Model Y and the long-range all-wheel drive version of the Model 3 are available for immediate delivery in British Columbia, with codes indicating they were built at Giga Shanghai, the report said.

Both models are eligible for a C$5,000 ($3,695) federal incentive in Canada, which, unlike the US, does not link EV subsidies to the location of the plant where the cars are built, the report noted.

Tesla and other EV makers have a cost advantage in China, and exports to Canada have opened up a new market for Giga Shanghai, the report said.

(Screenshot of Tesla Canada website.)

The company has designed and tested Model Y cars for export to North America and aims to produce nearly 9,000 for export this quarter, the report said, citing a Tesla production plan.

On April 24, Reuters cited people familiar with the matter and a production memo as saying that Tesla had begun production in Shanghai of the Model Y that will be sold in Canada this year.

It will be the first time the company has shipped cars from China to North America, a move that will connect Tesla's largest and most cost-effective factory in the world with its largest market, North America, the report said.

Tesla's Shanghai plant, which makes the Model 3 as well as the Model Y, not only supplies vehicles to local consumers but is also an export center for the EV maker.

Tesla delivered 39,956 vehicles in China in April, and the Shanghai plant exported 35,886, according to data released earlier this month by the China Passenger Car Association (CPCA).

For the full year 2022, Tesla delivered 439,770 vehicles in China, up 37.11 percent from 320,743 vehicles in 2021.

Tesla's Shanghai plant exported 271,095 vehicles in 2022, according to data monitored by CnEVPost.

Tesla's Shanghai plant produced about 727,000 units in 2022, up 49.7 percent from a year earlier, contributing 23 percent of Shanghai's auto manufacturing output, a local official said earlier this month.

($1 = C$1.3530)

Tesla's revamped Model 3 nears final trial production in Shanghai, report says

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SAIC expects its 1st model with solid-state battery to roll off line in 2025

SAIC is ramping up development work on solid-state battery cells, with its first production model powered by solid-state battery set to roll off the assembly line in 2025, it said.

(A concept car from SAIC's IM Motors on display at the 2023 Shanghai Auto Show. Image credit: CnEVPost)

China's largest carmaker SAIC Group expects to see its first model with solid-state battery roll off the assembly line in two years, as more local carmakers target the new battery technology for a longer range.

SAIC is ramping up its research and development work on solid-state battery cells and is making every effort to promote the large-scale application of solid-state batteries, the company said in a recent investor survey, according to a May 22 report by local media Jiemian.

SAIC's first mass-produced model with the solid-state battery will roll off the production line in 2025, it said, adding that it will allow users to enjoy a safe car experience while providing them with higher energy density power battery cells.

The report did not provide any further details. SAIC has not disclosed the investor activity.

On May 19, Ganfeng Lithium -- the world's largest lithium producer by market capitalization -- said in the minutes of an investor meeting that it had begun mass production of its first-generation solid-state battery.

Ganfeng's first-generation solid-state battery can reach an energy density of 260 Wh/kg, and its production line is designed to have an annual capacity of 4 GWh, according to the minutes.

Back at SAIC, its solid-state battery appears to have been developed with local startup QingTao Energy Development, similar to what did with Beijing WeLion New Energy Technology.

On July 6, 2022, SAIC announced that it had set up a joint lab with QingTao to develop solid-state batteries.

The two will focus on the mass production of solid-state batteries with a range of more than 1,000 kilometers, 4C fast-charging technology and the development of high-safety, long-life solid-state batteries, according to a press release at the time.

C refers to the battery's charging multiplier, and 4C means that the battery could theoretically be fully charged in a quarter of an hour.

The lab will also conduct high-efficiency solid-state battery integration technology development to push solid-state battery technology to accelerate mass production, SAIC previously said.

NIO unveiled a 150-kWh semi-solid-state battery when it launched its flagship sedan, the NIO ET7, at the NIO Day 2020 event on January 9, 2021, thus bringing the new battery technology to wider attention.

Earlier this month, NIO filed for the addition of WeLion as a battery cell supplier in three models, signaling that its 150-kWh semi-solid-state battery pack is not far from being available.

NIO files to use semi-solid-state batteries in its vehicles

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