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CnEVPost Newsletter: ​China EV insurance registrations; CATL swap station in HK

Published 3 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jan 14, 2025

​China EV insurance registrations by brand for week ending Jan 12: Nio 1,500, Onvo 1,800, Tesla 7,800, BYD 42,800​

Xiaomi had 5,400 insurance registrations last week, Li Auto 7,600, Xpeng 7,400, Zeekr 2,800, Leapmotor 5,200 and Aito 5,000.

​Xpeng partners with BP's EV charging arm to share charging network in China​

Xpeng has more than 2,000 charging stations with over 10,000 chargers, while BP Pulse has more than 1,000 charging stations and 23,000 chargers in China.

​CATL breaks ground on its 1st battery swap station in HK​

FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.

​BYD to officially enter South Korea's passenger car market on Jan 16​

BYD will hold a brand launch event in South Korea on January 16 to officially enter the country's passenger car market.

​Denza aims to sell over 300,000 cars in 2025, report says​

BYD sub-brand Denza is targeting sales of more than 300,000 units in 2025, implying a 138 percent growth, according to a local media report.

​Denza working on electric sports car, spy photos show​

The sports car was originally a production version of Fang Cheng Bao's Super 9 concept, but has later been assigned under the Denza brand, according to local media.

​Great Wall Motor previews net income growth of about 80% in 2024​

Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.

​Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control​

Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.

​Pony AI begins robotaxi test with driver seat unmanned on Beijing's highways​

Pony AI is one of the first companies to receive the test license, which still requires a safety officer in the front passenger seat.

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