China EV Insurance Registrations for Week Ending Mar 9: Nio 1,930, Onvo 1,060, Tesla 13,800, Xiaomi 6,200, BYD 57,400

CnEVPost03-11

Xpeng was 8,500 units, Li Auto 7,300, Zeekr 3,100, Leapmotor 5,900, Aito 2,600.

For the week of March 3-9 -- week 10, 2025, Tesla (NASDAQ: TSLA) had 13,800 insurance registrations in China, an increase of 11.29 percent from 12,400 in the previous week, according to data shared today by Li Auto (NASDAQ: LI).

The US EV maker sold 26,777 vehicles in China in February, down 11.16 percent from 30,141 in the same month last year and down 20.55 percent from 33,703 in January.

Tesla's Shanghai factory exported 3,911 vehicles in February, down 87.06 percent from 30,224 a year earlier and down 86.76 percent from 29,535 in January.

The numbers shared by Li Auto are by brand, and Nio (NYSE: NIO) and its sub-brand Onvo did not make any of the lists.

The Nio brand had 1,930 insurance registrations last week and Onvo 1,060.

Nio Inc, which includes the Nio and Onvo brands, had 2,990 insurance registrations in China, down 38.98 percent from 4,900 the previous week, according to figures shared by several auto bloggers on Weibo.

Nio Inc delivered 13,192 vehicles in February, up 62.22 percent from 8,132 in the same month last year, but down 4.84 percent from 13,863 in January, according to figures released on March 1st.

The Nio main brand delivered 9,143 vehicles in February, up 12.43 percent from 8,132 in the same month last year and up 14.99 percent from 7,951 in January.

The Onvo sub-brand delivered 4,049 vehicles in February, down 31.51 percent from 5,912 in January.

Xpeng (NYSE: XPEV) had insurance registrations of 8,500 vehicles last week, up 26.87 percent from 6,700 the week before.

The company delivered 30,453 vehicles in February, up 570.03 percent from 4,545 in the same month a year ago and essentially flat from 30,350 in January.

Xpeng's strong deliveries at the beginning of the year were supported by two new sedan models, the Mona M03 and P7+.

The Mona M03 delivered 15,312 units in February, marking the third consecutive month with more than 15,000 deliveries in a single month. The P7+ delivered 7,226 units in February, according to data compiled by CnEVPost.

Li Auto's insurance registrations last week were unchanged from the previous week at 7,300 units.

The company delivered 26,263 vehicles in February, up 29.69 percent from 20,251 a year ago but down 12.24 percent from 29,927 in January.

Li Auto announced last month that its first all-electric SUV (sport utility vehicle), named Li i8, will go on sale in July.

Li Auto will launch an updated version of its current model in May, focusing on upgrades to its smart-driving hardware, company Vice President Jay Liu said on February 28.

BYD (HKG: 1211, OTCMKTS: BYDDY) had 57,400 insurance registrations last week, down 8.01 percent from 62,400 the week before.

The company sold 322,846 NEVs in February, up 163.95 percent from 122,311 a year ago and up 7.42 percent from 300,538 in January.

BYD announced its vehicle intelligence strategy on February 10 to begin bringing smart driving capabilities to low-cost affordable models.

The company's premium Denza sub-brand will officially launch the N9 SUV (sport utility vehicle) on March 21.

Xiaomi (HKG: 1810, OTCMKTS: XIACY) registered 6,200 insurance registrations last week, down 8.82 percent from 6,800 the week before.

Xiaomi EV said on March 1 that its first model, the SU7, once again exceeded 20,000 deliveries in February, the fifth consecutive month seeing monthly deliveries exceeding 20,000, giving a cumulative total of over 180,000 units delivered.

It officially launched the SU7 Ultra on February 27, an electric sedan with 1,548 Ps of maximum horsepower based on the regular SU7.

Deliveries of the SU7 Ultra began on March 2, when orders reached 19,000 units.

The Zeekr (NYSE: ZK) brand had 3,100 insurance registrations last week, down 13.89 percent from 3,600 the week before.

The Zeekr Group -- which includes the Zeekr brand and Lynk & Co -- delivered 31,277 vehicles in February, up 50.96 percent from 20,719 for the two brands combined in the same month a year ago, but down 25.56 percent from 42,019 in January.

The Zeekr brand delivered 14,039 vehicles in February, up 86.94 percent from 7,510 a year ago and up 17.56 percent from 11,942 in January.

Lynk & Co delivered 17,238 vehicles in February, up 30.50 percent from 13,209 a year earlier, but down 42.69 percent from 30,077 in January.

Leapmotor (HKG: 9863) had 5,900 insurance registrations last week, unchanged from the previous week.

It delivered 25,287 vehicles in February, up 285 percent from 6,566 a year earlier and essentially flat from 25,170 in January.

Leapmotor started pre-sales of the B10 yesterday and the official launch of the SUV will be in April.

Aito -- a brand jointly created by Huawei and Seres Group -- registered 2,600 insurance registrations last week, down 31.58 percent from 3,800 the week before.

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