China EV Insurance Registrations for Week Ending Jun 8: Nio 2,630, Tesla 8,640, Xiaomi 4,370

CnEVPost06-10

Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 4,340 insurance registrations last week, a decrease of 19.63 percent from the previous week.Tesla's insurance registrations in China last...

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This marks the first full month of deliveries for the Nio sub-brand.Tesla (NASDAQ: TSLA) had 8,640 insurance registrations in China last week, a decrease of 33.54 percent from the previous week's 13,000 vehicles.The US EV maker has a factory in Shanghai producing the Model 3 sedan and Model Y crossover, which are delivered to domestic customers and also serve as an export hub.Tesla's retail sales in China in May totaled 38,588 units, down 30.11 percent year-on-year, though up 34.31 percent from April, according to data from the China Passenger Car Association (CPCA).Its Shanghai factory exported 23,074 vehicles in May, up 32.93 percent year-on-year, though down 22.38 percent from April.Xpeng (NYSE: XPEV) had 4,190 insurance registrations last week, a decrease of 42.60 percent from the previous week's 7,300.The company delivered 33,525 vehicles in May, marking seven consecutive months of deliveries exceeding 30,000 units.This represents a 230.43 percent increase from the 10,146 units delivered in the same period last year, though it marks a 4.34 percent decrease from the 35,045 units delivered in April.Li Auto (NASDAQ: LI) had 8,270 insurance registrations last week, a 31.08 percent decrease from the 12,000 units reported the previous week.It delivered 40,856 vehicles in May, up 16.66 percent from 35,020 in the same period last year and up 20.38 percent from 33,939 in April.BYD (HKG: 1211, OTCMKTS: BYDDY) brand vehicles saw insurance registrations of 54,850 units last week, a decrease of 8.28 percent from the previous week's 59,800 units.The company sold 382,476 vehicles in May, a year-on-year increase of 15.27 percent and a month-on-month increase of 0.63 percent.BYD announced at the end of last month that it began to offer significant discounts on models in its Dynasty and Ocean product lines, prompting several competitors to follow suit.Xiaomi (HKG: 1810, OTCMKTS: XIACY) had 4,370 insurance registrations last week, a decrease of 43.97 percent from the previous week's 7,800 units.Xiaomi's EV unit, Xiaomi EV, delivered over 28,000 units in May, it announced on June 1.Xiaomi unveiled the YU7 SUV (sport utility vehicle) on May 22, with the official launch scheduled for July.Zeekr (NYSE: ZK) brand had 3,200 insurance registrations last week, a decrease of 21.95 percent from the previous week's 4,100 units.Zeekr brand delivered 18,908 vehicles in May, representing a year-on-year increase of 1.57 percent and a month-on-month increase of 37.74 percent.Including deliveries from Lynk & Co, Zeekr Group delivered 46,538 vehicles in May, up 12.64 percent from 41,316 in April, marking the third consecutive month of month-on-month growth.Leapmotor (HKG: 9863) had 8,800 insurance registrations last week, up 4.76 percent from the previous week's 8,400, making it one of the few to see growth.It delivered 45,067 vehicles in May, surpassing the previous record of 42,517 set in December 2024.This represents a 148.10 percent increase from the 18,165 units in the same period last year and a 9.82 percent increase from the 41,039 units in April.Aito -- the brand jointly developed by Huawei and Seres Group -- saw insurance registrations of 8,790 units last week, a 13.82 percent decrease from the previous week's 10,200 units.Data table: China EV insurance registrations in Jun 2-8","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":5,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1147207941","isCrawlerRequest":true}