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CnEVPost Newsletter: ​China EV insurance registrations; BYD ramps up AI investment

Published 21 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Dec 17, 2024

​China EV insurance registrations for week ending Dec 15: Nio 4,400, Tesla 18,500, Xiaomi 5,800, BYD 97,800​

Onvo had 1,700 insurance registrations last week, Li Auto 14,100, Xpeng 7,200, Zeekr 5,200, Leapmotor 10,000 and Aito 6,700.

​BYD reportedly sets up new R&D team to ramp up AI investment​

BYD has set up an advanced technology research and development center that now has about 500 people, ramping up its investment in AI and large models.

​BYD enters Estonia, local deliveries to start in early 2025​

The first two BYD stores opened in Estonia and began pre-sales of four BYD NEV models.

​Zeekr to present 3 models at CES 2025, showcasing its strongest products to US audience​

Zeekr is so far the only Chinese EV maker to announce a presence at CES 2025, and it will be its third consecutive appearance at the tech event since 2023.

​Huawei, JAC joint brand Maextro sees 1st factory set up​

Huawei unveiled the Maextro S800 on November 26, targeting the luxury executive sedan market with an estimated price tag of RMB 1 million to RMB 1.5 million.

​Chery's new iCar brand launches 2nd EV model iCar V23 with starting price of $13,700​

The iCar V23 is iCar's second model, after the iCar 03, and is aimed at fashion-conscious young people.

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