Author: Phate Zhang

China EV insurance registrations for week ending Apr 28: Nio 4,960, Tesla 14,860, BYD 63,300

Xpeng had 2,700 insurance registrations last week, Li Auto 7,060, Zeekr 5,000 and Xiaomi 1,670.

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Great Wall Motor delays target of 1 million annual overseas sales from 2025 to 2030

Great Wall Motor plans to achieve overseas sales of over 1 million units by 2030, with premium models accounting for more than 1/3 of the total, it said.

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China’s new energy products do not have overcapacity, but undersupply, state paper says

China's new energy industry provides high-quality production capacity that enriches global supply and eases global inflationary pressures, and the world needs more of such high-quality production capacity, the People's Daily […]

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