Vehicle insurance registrations for many NEV companies continued to rebound last week, with Tesla registering significant growth.
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Retail sales of new energy passenger vehicles in China are expected to be around 400,000 units in February, with a penetration rate of 29.6 percent, according to preliminary estimates by the CPCA.
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Insurance registrations for most new energy vehicle (NEV) brands in China were flat or up slightly last week compared to the previous week, the latest figures show.
The post China NEV insurance registrations for week ending Feb 19: BYD 37,026, Tesla 5,913, NIO 3,174 appeared first on CnEVPost.
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BEVs contributed 86.47 percent of the 17.1 billion kilometers driven by NEVs in China in January, and PHEVs contributed 13.48 percent.
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BYD and NIO's numbers were higher than the previous week, while Tesla's were lower than the previous week.
The post China NEV insurance registrations for week ending Feb 12: BYD 31,417, Tesla 6,963, NIO 3,045 appeared first on CnEVPost.
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