CnEVPost Newsletter: ​China EV insurance registrations; ​Tesla Shanghai Megafactory trial production


CnEVPost Newsletter: Daily Recap

Dec 31, 2024

China EV insurance registrations by brand for week ending Dec 29: Nio 6,500, Onvo 4,200, Tesla 18,600, BYD 72,100

Xiaomi had 6,700 insurance registrations last week, Li Auto 13,400, Xpeng 10,100, Zeekr 8,900, Leapmotor 9,200 and Aito 8,200.

Tesla completes construction of Shanghai Megafactory, begins trial production

Tesla has begun trial production at the factory, which produces energy storage products and is expected to start mass production in early 2025.

Tesla recalls 77,650 locally produced cars and 63 imported ones in China

Tesla is recalling 77,650 locally built cars in China for a faulty tire pressure monitoring system, as well as 63 imported vehicles for airbag safety concerns.

Nio adds record high swap stations in China on last day of 2024, taking total to nearly 3,000

Nio today added a record 64 battery swap stations in China, bringing the total number to 2,995.

Xpeng CEO sets tone for 2025 in internal letter, expects price war to resume in Jan

Xpeng CEO has revealed the company's key tasks for 2025 and his view of the market in an internal letter, telling employees to prepare for tougher competition.

Li Auto sees total deliveries in 2024 reach 500,000 units

Li Auto reached its 500,000th delivery in 2024 today at 18:18 Beijing Time, meaning it has delivered around 58,000 vehicles so far this month.

Xiaomi delivers over 135,000 cars in 2024, targets 300,000 in 2025

Xiaomi is building the second phase of its Beijing plant, and the combined capacity with the first phase of the plant is 300,000 units.

SU7 gets special exterior color to mark Xiaomi's 15th anniversary

Xiaomi has launched a special red exterior color for the SU7, which will be available starting January 1, as marketing about the hot-selling model continues.

SAIC's MG Motor to produce cars locally in Egypt

MG will first produce the new-generation MG5 model in Egypt, with the local plant having an initial annual capacity of 50,000 units.

Shanghai to continue offering free license plates for BEVs in 2025

Shanghai has extended its policy of providing free license plates for purely electric vehicles for another year and relaxed the requirements for applicants.

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