Phate Zhang
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China EV insurance registrations for week ending Mar 9: Nio 1,930, Onvo 1,060, Tesla 13,800, Xiaomi 6,200, BYD 57,400
Xpeng was 8,500 units, Li Auto 7,300, Zeekr 3,100, Leapmotor 5,900, Aito 2,600.
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Leapmotor sees 1st positive quarterly bottom line as deliveries strong and gross margin improves
Leapmotor achieved net income of RMB 80.9 million ($11.1 million) in the fourth quarter of 2024, its first positive quarterly bottom line since its 2015 inception.
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Nio making organizational changes to focus more on cost control, report says
Nio has introduced a CBU system to strengthen cost control, and multiple functions will be downsized based on full-year targets, according to local media.
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Exclusive: Recent William Li 'interview' was outdated info from last Dec
A recent widely discussed media story about an interview with William Li actually comes from December 22, 2024.
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Tesla sells 26,777 cars in China in Feb, exports 3,911 from Shanghai plant
Tesla sold 26,777 vehicles in the Chinese domestic market in February, down 11.16 percent year-on-year and down 20.55 percent from January.
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Nio gets new policy support as Shanghai to subsidize city's swap station construction
Starting April 1, Shanghai will subsidize 40 percent of equipment investments in battery swap stations open to other brands for a period of five years.
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BYD Denza to officially launch N9 on Mar 21 to target luxury SUV market
Denza began pre-sales of the N9 on February 21, with a pre-sales price range of RMB 450,000 ($62,000) to RMB 550,000.
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Zeekr teases full-size SUV 9X, its 1st hybrid model
Zeekr will showcase the Zeekr 9X at the Shanghai auto show in late April, and has also announced the Zeekr 9X Grand, which could be priced at over RMB 1 million ($137,840).
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Xiaomi SU7 buyers now face even longer delivery wait times than a year ago
Xiaomi has already delivered 180,000 SU7s and there are still 140,000-150,000 vehicles waiting to be delivered.
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Tesla has received 200,000 orders in China for refreshed Model Y, report says
Tesla's facelifted Model Y has racked up 200,000 orders since it went up for pre-orders on January 10, albeit including a large number of refundable orders, according to local media.









