Category: Tesla

Insurance registrations for week ending Apr 23: Tesla 10,300, Li Auto 7,200, NIO 2,000

Post author By Phate Zhang/CnEVPost
Post date April 25, 2023

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

Li Auto (NASDAQ: LI) maintained strong sales last week, and NIO (NYSE: NIO) saw a significant rebound, the latest data show.

With 7,200 units sold in the week ending April 23, Li Auto far outpaced other new car-making brands, the automaker said today on Weibo.

With deliveries of the Air versions of the Li L8 and Li L7, Li Auto's weekly sales hit another record high, it said.

Li Auto didn't specify what statistic that sales figure was based on, though apparently, it was insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice was to share some of them on Wednesdays.

The main third-party agencies and Weibo bloggers that provide data on auto insurance registrations in China stopped sharing the data this month, but Li Auto continues to share some of it.

This is the first time Li Auto has shared those numbers on a Tuesday, though they weren't taken down to single digits.

Tesla (NASDAQ: TSLA) sold 10,300 units last week, according to the table shared by Li Auto. That was down from 12,500 units the week before and up from 6,973 units in the first week of April.

NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.

XPeng (NYSE: XPEV) sold 1,900 units last week, up from 1,300 units and 904 units in the previous two weeks.

Zeekr sold 2,100 units last week, up from 1,600 units the previous week and 1,476 units in the first week of April.

Among luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 15,800, 15,600 and 14,800 respectively, according to data shared by Li Auto.

Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700

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Tags Li Auto, Tesla, XPeng, Zeekr

charging China Electric eMobility eV Tesla

Tesla opens its Supercharger network in China to other brands of EVs on pilot basis

Post author By Phate Zhang/CnEVPost
Post date April 25, 2023

Tesla is initially opening 10 Supercharger stations in the Chinese mainland for 37 non-Tesla models.

(Image credit: CnEVPost)

Tesla announced today that it is opening its Supercharger network in the Chinese mainland on a pilot basis to other brands of electric vehicles (EVs), following its practice in more than 10 other markets.

The EV maker is initially opening 10 Supercharger stations for 37 non-Tesla models, according to an announcement it posted on WeChat.

Notably, the pilot is currently limited to Beijing and Shanghai, with each city offering five Supercharger stations to participate in the pilot.

The 37 non-Tesla models include the NIO ES6, NIO EC6, XPeng P7, Li Auto Li ONE, Zeekr 001, BYD Han EV, BYD Tang EV, and Polestar 2.

In addition to the Supercharger stations, Tesla has opened 120 destination charging stations on a pilot basis, covering 25 provinces and cities in the Chinese mainland.

To date, Tesla has more than 1,600 Supercharger stations in the Chinese mainland, offering more than 10,000 Superchargers, according to the announcement.

It also has more than 700 destination charging stations in the Chinese mainland, offering more than 2,000 charging piles.

At the end of 2021, Tesla opened its charging network to non-Tesla vehicles on a pilot basis in Europe, and the service is now available to owners in more than 10 countries and regions worldwide, the company said.

Now, owners of non-Tesla-branded EVs in the Chinese mainland can also enjoy an efficient, convenient and dense Tesla charging network, it said.

Tesla hopes its open and innovative business logic will bring together more industry partners to accelerate the world's transition to sustainable energy, it added.

Tesla prices: Here's how Model 3 and Model Y compare in China vs other markets

First 37 non-Tesla models that can use Tesla Superchargers in Chinese mainland

Brand	Model
Aiways	U5
BMW	i3, iX, iX3
Porsche	Taycan
Mercedes-Benz	EQC
BYD	Han EV, Tang EV
Great Wall Ora	Good Cat
Dongfeng Aeolus	E70
Dongfeng Nissan	Sylphy
Ford Mustang	Mach-E
HiPhi	HiPhi X
GAC Aion	LX
GAC Toyota	C-HR EV
Hozon	Neta U
Geely	Emgrand Gse, Geometry A, Geometry C
Zeekr	Zeekr 001
Polestar	Polestar 2
Jaguar Land Rover	I-Pace, Range Rover PHEV
Seres	SF5
Li Auto	Li ONE
Leapmotor	C11
AITO	M5
SAIC	Marvel R
FAW Volkswagen	ID.4 Crozz
WM Motor	EX5
NIO	EC6, ES6
Volvo	XC40
XPeng	P7
FAW-Audi	e-tron
FAW Toyota	IZOA E
FAW Hongqi	E-HS9

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Tags Geely, Li Auto, Neta, XPeng, Zeekr

China Earnings Electric eMobility eV Tesla

Tesla Q1 revenue from China up 6.86% from Q4 to $4.89 billion

Post author By Phate Zhang/CnEVPost
Post date April 24, 2023

In the first quarter, China contributed 20.97 percent of Tesla's revenue, up from 18.82 percent in the fourth quarter but down from 24.79 percent in the same quarter last year. | TSLA.US

Tesla Q1 revenue from China up 6.86% from Q4 to $4.89 billion-CnEVPost

Tesla's revenue from China continued to grow in the first quarter, although its global revenue declined in the quarter compared to the fourth quarter.

In the first quarter, Tesla's revenue from China was $4.891 billion, up 5.18 percent from a year ago and up 6.86 percent from the fourth quarter of last year, according to a 10-Q filing it made with the US Securities and Exchange Commission today.

Tesla Q1 revenue from China up 6.86% from Q4 to $4.89 billion-CnEVPost

The US electric vehicle (EV) maker reported total revenue of $23.3 billion in the global market in the first quarter, up 24.38 percent year-on-year, but down 4.07 percent from the fourth quarter of last year.

This means that in the first quarter, the Chinese market contributed 20.97 percent of Tesla's revenue, up from 18.82 percent in the fourth quarter and down from 24.79 percent in the same period last year.

The US market contributed $11.2 billion, or 48 percent, to Tesla's total revenue in the first quarter.

International markets other than China contributed $7.2 billion, or 31 percent, of Tesla's total revenue in the first quarter.

Tesla Q1 revenue from China up 6.86% from Q4 to $4.89 billion-CnEVPost

Tesla announced on April 2 that it delivered 422,875 units worldwide in the first quarter, up 36.39 percent year-on-year and up 4.34 percent from the fourth quarter.

The deliveries beat Wall Street analysts' expectations of 421,200 units, with deliveries of Tesla's cheaper Model 3 with the Model Y exceeding expectations.

Tesla delivered 412,180 Model 3 and Model Y units worldwide in the first quarter, above market expectations of 408,500 units. A total of 10,695 Model S and Model X units were delivered in the first quarter, below expectations of 16,700 units.

In the first quarter, Tesla sold 229,322 China-made vehicles globally, up 25.88 percent from 182,174 in the same period last year, according to data released earlier this month by the China Passenger Car Association (CPCA).

This means that 54 percent of Tesla's global deliveries in the first quarter were made at the Shanghai plant.

In China, Tesla delivered 137,429 vehicles in the first quarter, up 26.90 percent year-on-year, according to data from the CPCA monitored by CnEVPost.

Tesla's Shanghai plant exported 91,893 vehicles in the first quarter, up 24.39 percent year-on-year.

Tesla Model Y best-selling SUV in China in Mar with 54,937 units sold

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Canada Car Buying Crossover Electric Green Shanghai SUV Tesla

Entry Tesla Model Y will be exported from China to Canada

Post author By Reuters
Post date April 24, 2023

Filed under: Green,Tesla,Car Buying,Crossover,SUV,Electric

Continue reading Entry Tesla Model Y will be exported from China to Canada

Entry Tesla Model Y will be exported from China to Canada originally appeared on Autoblog on Mon, 24 Apr 2023 08:11:00 EDT. Please see our terms for use of feeds.

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Tags Car Buying, Crossover, Electric, Green, SUV, Tesla

China Electric eMobility eV Tesla Tesla Model Y

Tesla prepares to export Model Y from Shanghai to Canada, report says

Post author By Phate Zhang/CnEVPost
Post date April 24, 2023

It would be the first time Tesla will ship cars from China to North America, connecting its largest and most cost-effective factory in the world with its biggest market, North America. | Tesla (NASDAQ: TSLA)

Tesla prepares to export Model Y from Shanghai to Canada, report says-CnEVPost

(Image credit: CnEVPost)

Tesla has begun production in Shanghai of the Model Y crossover that will be sold in Canada this year, Reuters said in a report today, citing people with knowledge of the plan and a production memo.

It will be the first time the company will ship cars from China to North America, a move that will connect Tesla's largest and most cost-effective factory in the world with its biggest market, North America, the report said.

Tesla launched a cheaper, rear-wheel-drive Model Y in Canada just this past weekend, starting at C$59,990, C$10,000 less than the long-range version.

Tesla's website shows that Canadian customers can take delivery of the new Model Y between May and July.

Tesla prepares to export Model Y from Shanghai to Canada, report says-CnEVPost

(Screenshot from Tesla's Canadian website.)

The electric vehicle (EV) maker's Shanghai plant began production of the Canadian version of the Model Y earlier this month, Reuters said, citing a person familiar with the matter. The vehicles are being designed and tested for export to North America, with a goal of producing nearly 9,000 units this quarter, the report said.

Tesla CEO Elon Musk told analysts last week that the company's Shanghai plant has the lowest cost structure of any of its factories, the report noted.

Tesla's factory in Shanghai makes the Model 3 and the Model Y. The plant not only supplies vehicles to local consumers, but is also an export hub for the EV maker.

The company delivered 76,663 vehicles in China in March, and the Shanghai plant exported 12,206 vehicles, according to data released earlier this month by the China Passenger Car Association (CPCA).

It delivered 422,875 vehicles worldwide in the first quarter, including 412,180 Model 3 and Model Y vehicles and 10,695 Model S and Model X vehicles, according to data it announced April 2.

In the first quarter, Tesla sold 229,322 China-made vehicles, contributing 54 percent of its global deliveries.

Tesla's Shanghai plant exported 91,893 vehicles in the first quarter, up 24.39 percent year-on-year, according to data monitored by CnEVPost.