Li Auto's insurance registrations last week were 5,300 and Xpeng's 1,400.
Major electric vehicle (EV) makers mostly saw vehicle insurance registrations in China fall last week, with a major holiday taking its toll.
For the week of April 29 to May 5, Nio (NYSE: NIO) saw 3,600 insurance registrations of its vehicles in China, according to data shared today by Li Auto (NASDAQ: LI).
Li Auto stopped sharing weekly insurance registration numbers over the past few weeks, after doing so for about a year. This is the first time it has started sharing those numbers again.
CnEVPost has primarily used numbers from Deutsche Bank's China passenger vehicle weekly sales monitor over the past few weeks.
China's Labor Day holiday this year -- May 1-5 -- covered most of last week's workdays, which had a negative impact on insurance registrations of vehicles. At the same time, the beginning of the month is usually a slow time for deliveries.
Nio's insurance registrations last week were down 27.42 percent from the previous week's 4,960 units, CnEVPost's calculations show.
Nio delivered 15,620 vehicles in April, up 31.64 percent from March and up 134.60 percent year-on-year, according to data it released on May 1.
The company is expected to officially unveil Onvo, its sub-brand for the mass market, later this month and expects to see its 500,000th vehicle roll off the line.
Li Auto had 5,300 insurance registrations last week, down 24.93 percent from 7,060 the week before.
The company delivered 25,787 vehicles in April, up 0.41 percent from a year ago but down 11.03 percent from March.
Li Auto launched the five-seat SUV Li L6 on April 18, its extended-range electric vehicle (EREV) model after the Li L7, Li L8 and Li L9.
Yesterday, the company announced that cumulative orders for the Li L6 had exceeded 41,000 units between April 18 and May 5.
Xpeng (NYSE: XPEV) had 1,400 insurance registrations last week, down 48.15 percent from 2,700 the week before.
It delivered 9,393 vehicles in April, up 4.07 percent from March and up 32.69 percent year-on-year.
The X9 MPV (multi-purpose vehicle) had monthly deliveries of 1,959 units in April and cumulative deliveries since its launch are approaching 10,000 units, Xpeng said on May 1.
Xpeng will debut its new brand, MONA (Made of New AI), in June, a slight delay from previously announced plans.
Tesla (NASDAQ: TSLA) had11,000 insurance registrations in China last week, down 25.98 percent from 14,860 the week before.
Tesla's April sales numbers in China are currently unavailable, and the China Passenger Car Association (CPCA) is expected to release them later this month.
Tesla CEO Elon Musk made an unannounced visit to China late last month to seek approval for driver-assistance software to help stem the automaker's revenue decline, according to an April 29 Bloomberg report.
The US EV maker cleared a key hurdle to rolling out advanced driver-assistance feature in China by partnering with Baidu on mapping and navigation functions, Bloomberg said, citing people familiar with the matter.
BYD (HKG: 1211, OTCMKTS: BYDDY) vehicles saw 52,600 insurance registrations in China last week, down 16.90 percent from 63,300 in the previous week.
BYD sold 313,245 new energy vehicles (NEVs) in April, up 48.96 percent from 210,295 in the same month last year, while down 48.96 percent from March.
In April, BYD sold a record 41,011 vehicles in overseas markets, surpassing March's previous record of 38,434. That's up 176.6 percent year-on-year and up 6.71 percent from March.
Xiaomi's insurance registrations last week stood at 1,300 units, down 22.16 percent from 1,670 units in the previous week.
Xiaomi officially launched its first EV model, the SU7, on March 28, offering three trims -- Standard, Pro, and Max -- with starting prices of RMB 215,900 ($29,820), RMB 245,900, and RMB 299,900, respectively.
Xiaomi was offering a Founders Edition for the SU7, limited to 5,000 units, with deliveries starting on April 3. Deliveries of the SU7's customized vehicles began on April 18.
The SU7 delivered 7,058 units in April, with 88,063 locked-in orders as of 24:00 Beijing Time on April 30, Xiaomi's EV division Xiaomi EV announced on May 1.
Zeekr had 3,600 insurance registrations last week, down 28 percent from 5,000 the week before.
Zeekr delivered 16,089 vehicles in April, a new high since its inception.
Leapmotor was at 2,300 vehicles last week, down 43.07 percent from 4,040 the previous week. It delivered 15,005 vehicles in April, up 71.96 percent year-on-year and up 3.01 percent from March.
Huawei-backed Aito was at 4,800 vehicles last week, down 31.72 percent from 7,030 the previous week.
Local Chinese carmaker's overseas sales up 40% in Q1; SAIC, Chery contribute lion's share
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