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​CnEVPost Newsletter: China EV insurance registrations; ​Tesla China sales

Published 2 days ago • 1 min read

CnEVPost Newsletter: Daily Recap

Jun 4, 2025

​China EV insurance registrations for week ending Jun 1: Nio 3,000, Tesla 13,000, Xiaomi 7,800​

Nio Inc, including the Nio, Onvo, and Firefly brands, saw 5,400 insurance registrations in China last week, a decrease of 17.30 percent from the previous week.

​Nio in talks with potential buyer to sell stake in key asset, report says​

Nio is in talks with a potential buyer to sell a stake in a key asset, Chinese tech media outlet LatePost reported.

​Nio, Tesla cars listed in China's rural EV promotion campaign​

Nio's four main models, the Onvo L60, and Tesla's Model 3 and Model Y are included in the list for the first time.

​Xpeng hints at adopting Huawei's in-car display solution in rare tie-up​

Xpeng hinted that one of its new models will adopt Huawei's HUD (head-up display) solution.

​Tesla China sells 61,662 cars in May, down 15% year-on-year​

This marks the eighth consecutive month of year-on-year decline in Tesla China's sales.

​Tesla equipping Shanghai Megafactory with 'giant power bank'​

Tesla is equipping its Shanghai Megafactory with a distributed photovoltaic power generation and energy storage system project.

​BYD expands into Cyprus, launching 4 models​

BYD has launched the Atto 3, Seal, Sealion 7, and Seal U DM-i in Cyprus.

​CPCA estimates China's May NEV wholesale to grow 38% year-on-year to 1.24 million​

In May, China's passenger NEV wholesale sales are expected to reach 1.24 million units, a year-on-year increase of 38 percent and a month-on-month increase of 9 percent.

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