Li Auto had 12,100 insurance registrations last week, Xpeng 4,500, Zeekr 5,200, Leapmotor 8,000 and Aito 8,700.
Major electric vehicle (EV) makers saw mixed insurance registrations in China last week.
For the week of October 14-20, Nio (NYSE: NIO) branded vehicles saw 3,900 insurance registrations in China, down 17.02 percent from 4,700 in the previous week, according to data shared today by Li Auto (NASDAQ: LI).
Li Auto stopped sharing weekly insurance registrations numbers earlier this year, after doing so for about 1 year. In early May, it resumed sharing those numbers in the form of weekly rankings.
The figures shared by Li Auto are by brand and do not include sales of Nio's sub-brand Onvo.
Onvo launched its first model, the L60, on September 19 and deliveries began on September 28.
The EV maker delivered 21,181 vehicles in September, marking the fifth consecutive month that Nio as a group has delivered more than the 20,000 mark, including 20,349 for the main Nio brand and 832 for Onvo.
On October 11, the Nio brand saw the milestone of its 600,000th production vehicle delivery.
Li Auto had 12,100 insurance registrations last week, down 9.70 percent from 13,400 the week before, according to figures shared by the company.
It delivered a record 53,709 vehicles in September, surpassing the previous record of 51,000 in July.
This is a year-on-year increase of 48.94 percent and an increase of 11.61 percent from 48,122 in August.
On October 18, Li Auto announced it saw its one millionth vehicle delivery, 58 months after its first car delivery.
Li Auto will report unaudited financial results for the third quarter of 2024 before the US markets open on Thursday, October 31, it announced yesterday.
Xpeng (NYSE: XPEV) had 4,500 insurance registrations last week, up 15.38 percent from 3,900 the week before.
The EV maker delivered 21,352 vehicles in September, up 39.46 percent year-on-year and up 52.12 percent from August.
Xpeng's new model, the Mona M03, delivered more than 10,000 units in its first full delivery month, the company said on October 1, without disclosing specific numbers.
Xpeng announced the start of pre-sales of its new flagship electric sedan, the P7+, in China on October 14 on the first day of the Paris auto show, with a starting price of RMB 209,800 ($29,600).
Just one hour and 48 minutes after P7+ pre-sales began, orders had surpassed 30,000 units, the company announced later on October 14.
On October 18, Xpeng said it saw the first production cars of the P7+ roll off the assembly line at its manufacturing facility in Guangzhou.
In an October 16 research note, Deutsche Bank analyst Wang Bin's team projected average monthly sales of 6,000 units for the Xpeng P7+.
Tesla (NASDAQ: TSLA) had 13,200 insurance registrations in China last week, up 55.29 percent from 8,500 the week before.
Tesla has a factory in Shanghai that produces the Model 3 sedan and Model Y crossover, both for deliveries to local customers and as an export hub for it.
The US EV maker sold 72,200 vehicles in China in September, surpassing August's 63,456 for a yearly high, according to data released by the China Passenger Car Association (CPCA).
Including 16,121 units exported, Tesla sold 88,321 China-made vehicles in September.
Tesla said last month that it expected to launch FSD (Full Self-Driving) in China in the first quarter of 2025. But that could be delayed again, according to an October 18 report in China Daily.
BYD (HKG: 1211, OTCMKTS: BYDDY) had 89,600 insurance registrations last week, down 15.63 percent from the previous week's record high of 106,200.
The company sold a record 419,426 new energy vehicles (NEVs) in September, its fourth consecutive record month.
That's up 45.91 percent from 287,454 a year ago and up 12.42 percent from 373,083 in August.
BYD's retail sales of NEVs in China in September were 386,749 vehicles, continuing to rank No. 1 in the domestic passenger car NEV market with a 34.4 percent share, according to data released by the CPCA on October 14.
It showcased several models at the Paris auto show on October 14 and made available the Sealion 07 EV, which was rebranded as the Sealion 7 in Europe.
On October 18, BYD launched a new model, the Sealion 06 GT hatchback, in China to cater to the preferences of a younger demographic.
Xiaomi (HKG: 1810, OTCMKTS: XIACY) had its second consecutive record high week last week with insurance registrations of 5,600 units, up 21.74 percent from 4,600 the week before.
Xiaomi's first EV model, the SU7, delivered more than 10,000 units in September, the phone maker's EV unit, Xiaomi EV, announced on October 1.
As it has done for the past three months, Xiaomi EV did not release specific figures for SU7 monthly deliveries.
Xiaomi EV aims to produce and deliver more than 20,000 vehicles in October, it said on October 1.
Zeekr (NYSE: ZK) saw 5,200 insurance registrations last week, down 5.45 percent from 5,500 the week before.
The EV maker delivered a record 21,333 vehicles in September, surpassing June's previous record of 20,106 vehicles. That's up 76.99 percent year-on-year and up 18.42 percent from August.
Zeekr launched the Zeekr 7X electric SUV, its second model for the mainstream EV market, on September 20, with deliveries beginning on September 21.
Zeekr said on October 15 that deliveries of the 7X surpassed 10,000 units, 25 days after the model's launch.
It announced on October 18 that cumulative vehicle deliveries exceeded 350,000 units.
Zeekr will launch its new model, the Zeekr Mix, on October 23, with the first production units of the electric MPV (multi-purpose vehicle) rolling off the assembly line yesterday.
Leapmotor (HKG: 9863) had 8,000 insurance registrations last week, down 8.05 percent from 8,700 the week before.
It delivered 33,767 vehicles in September, marking the second consecutive month of more than 30,000 units and the fourth consecutive record month.
That's up 113.72 percent from 15,800 a year ago and up 11.42 percent from 30,305 in August.
Leapmotor gave the B10 its debut at the Paris auto show on October 14, and the compact SUV, the first globalized model of its new B platform, will go on sale next year.
On October 17, the company announced that it saw its 500,000th production vehicle roll off the line.
Aito -- a brand jointly created by Huawei and Seres Group – had 8,700 insurance registrations last week, up 22.54 percent from 7,100 the week before.
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