Category: China

China EV insurance registrations for week ending Jan 28: Nio 3,300, Xpeng 2,200, Li Auto 8,500, Tesla 12,800

During January 1-28, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.

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Xiaomi SU7’s top-trim will be priced at around $50,350, report says

The top-trim version of the Xiaomi SU7 has a vehicle price of RMB 361,400 at the time of insurance purchase, and the starting prices for the full lineup will likely be in the range of RMB 250,000 to RMB 370,000, according to local media.

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Analysts explain why BYD’s average profit per car fell in Q4

BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.

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