Li Auto had 12,600 insurance registrations last week, Xpeng 7,000, Zeekr 5,400, Leapmotor 8,500 and Aito 6,000.
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Category: Tesla
Tesla sold 73,490 vehicles in China in November, its highest month of this year. Giga Shanghai's exports in November were the lowest since June 2022 at 5,366 units.
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In the past six years, Tesla has never been recalled due to fire risk, and the probability of a Tesla catching fire is only one-eighth that of a gasoline car, said Grace Tao, VP of the EV maker.
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Tesla saw a rebound in China-made vehicle sales, including exports, last month, after seeing a dip in October.
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Li Auto had 11,900 insurance registrations last week, Xpeng 9,400, Zeekr 6,200, Leapmotor 9,200 and Aito 7,700.
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Tesla said it has no plans to sell the Cybertruck in China for now, after previous rumors that the electric pickup could be brought to the country through official channels sparked discussion.
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In the global BEV market, Tesla ranked first with an 18.5 percent share, BYD was second with 17.5 percent, and Nio was eighth with 2.4 percent.
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Tesla China's payment cycle to supply chain partners has been further shortened to around 90 days from about 101 days in 2023, according to Tesla VP Grace Tao.
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Deutsche Bank expects the Nio brand to sell 17,000 units in November, and the Onvo sub-brand 5,000 units.
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Tesla has over 400 local tier-1 suppliers signed up in China, more than 60 of which are in its global supply chain system, according to local media.
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