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CnEVPost Newsletter: ​China EV insurance registrations; CATL earnings previews

Published 3 months ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jan 21, 2025

​China EV insurance registrations by brand for week ending Jan 19: Nio 2,836, Onvo 1,913, Tesla 10,000, BYD 55,000​

Xiaomi had 5,600 insurance registrations last week, Li Auto 9,500, Xpeng 9,400, Zeekr 3,600, Leapmotor 7,000 and Aito 6,100.

​CATL previews net income growth of up to 20 percent to RMB 53 billion in 2024​

CATL's net income in the fourth quarter is expected to be a record RMB 17 billion, up 31.01 percent year-on-year and up 29.41 percent from the third quarter, CnEVPost calculations show.

​CATL expected to announce new European JV battery plant this year​

CATL currently has battery plants in Germany and Hungary, and last month announced plans for a new joint venture battery plant in Spain with Stellantis.

​Xiaomi CEO shares data showing SU7 outsold Tesla Model 3 in China in Dec​

In the past nine months, the monthly deliveries of the Xiaomi SU7 beat the Model 3 in China four times.

​BYD Yangwang shows capabilities of U7's body control system with rooftop maze game​

Yangwang demonstrates in a video that the U7 can complete a rooftop maze game under the control of a phone via the responsive DiSus-Z body control system.

​BYD Yangwang U9 electric supercar reaches 100-unit delivery milestone​

Yangwang officially launched the U9 on February 25, 2024, with the 2-seater model starting at RMB 1.68 million ($230,870).

​BYD exports 11,038 Shark pickups from China in 1st year of availability​

BYD launched the Shark in Mexico on May 14, 2024, and the pickup is already available in more markets including Brazil and Australia.

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