Insurance registrations for China's NEVs were 113,000 last week, up from 108,000 the week before.
Insurance registrations for new energy vehicles (NEVs) in China increased last week compared to the previous week, with a mixed performance from major EV makers.
From March 13 to March 19, insurance registrations for all passenger vehicles in China were 321,000 units, up from 308,000 units the previous week, according to figures shared by several car bloggers on Weibo.
Insurance registrations for NEVs were 113,000 last week, up from 108,000 the week before.
BYD (OTCMKTS: BYDDY) vehicles continued to see the most insurance registrations, with 38,414 last week, up from 37,141 the previous week.
Tesla (NASDAQ: TSLA) vehicles saw 18,712 insurance registrations last week, up from 17,032 the week before.
NIO was 1,775 vehicles last week, down from 2,170 the week before.
NIO guided for first-quarter deliveries between 31,000 and 33,000 units earlier this month, meaning March deliveries are expected to be between 10,337 and 12,337 units.
The company's insurance registrations for the first week of March, which included February 27 and February 28, were 3,345 units.
Li Auto (NASDAQ: LI) vehicles registered 5,438 insurance units last week, up from 4,243 the previous week.
XPeng (NYSE: XPEV) had 1,296 vehicles last week, down from 1,635 the week before.
Zeekr posted 914 units last week, down from 1,043 units the previous week.
China NEV insurance registrations for week ending Mar 12: BYD 37,141, Tesla 17,032, NIO 2,170
The post China NEV insurance registrations for week ending Mar 19: BYD 38,414, Tesla 18,712, NIO 1,775 appeared first on CnEVPost.
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