Phate Zhang

Onvo had 2,100 insurance registrations last week, Li Auto 13,900, Xpeng 7,400, Zeekr 5,300, Leapmotor 10,300 and Aito 7,700.

Tesla has updated the promotional policy it announced last month, as the expiration date approaches.

Customers who order the ET9 now can expect deliveries in 13-16 weeks, which is early April 2025.

Xiaomi EV said it has entered into partnerships with Nio, Xpeng, and Li Auto on charging network. This comes after 14 brands announced access to Nio's charging network.

Mirattery saw the size of its battery assets under management grow from 0 to 10 GWh in 44 months, and from 10 GWh to 20 GWh in just nine months, the company said.

Deutsche Bank analysts expect monthly sales of the Nio ET9 to be 1,500 units, saying they appreciate the sedan's elegant design and advanced technologies. They expect Firefly's monthly sales to be 1,500 units as well.

Nio said the 999 units of the ET9's limited edition were sold out on the morning of December 22 Beijing time, with only the standard version now available.

The Firefly brand will rely on local partner outlets for sales in Europe, with construction costs for dedicated swap stations one-third those of Nio.

The Nio ET9 starts at RMB 660,000 under the BaaS battery rental model. Deliveries of the sedan are set to begin in March 2025.

The first Firefly model made its global debut and began pre-sales in China at RMB 148,800 yuan ($20,390), the same as the discounted electric Mini Cooper.