Category: China

China EV insurance registrations for week ending Dec 3: Nio 3,700, Xpeng 4,800, Li Auto 9,600, Tesla 17,600

For the week of November 27 to December 3, BYD's vehicle insurance registrations in China were 56,200 units.

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Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce

As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.

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