China EV insurance registrations for week ending Dec 15: Nio 4,400, Tesla 18,500, Xiaomi 5,800, BYD 97,800
Onvo had 1,700 insurance registrations last week, Li Auto 14,100, Xpeng 7,200, Zeekr 5,200, Leapmotor 10,000 and Aito 6,700.
Chery's new iCar brand launches 2nd EV model iCar V23 with starting price of $13,700
The iCar V23 is iCar's second model, after the iCar 03, and is aimed at fashion-conscious young people.
BYD enters Estonia, local deliveries to start in early 2025
The first two BYD stores opened in Estonia and began pre-sales of four BYD NEV models.
BYD reportedly sets up new R&D team to ramp up AI investment
BYD has set up an advanced technology research and development center that now has about 500 people, ramping up its investment in AI and large models.
Xpeng reportedly considering shelving plans to adopt Thor as Nvidia chip suffers delays
Xpeng is considering shelving plans to adopt the Thor chip in next year's new models, while Nio has no plans to use the Thor chip in next year's models, according to local media.
BYD's largest production base has made over 1 million cars this year
BYD's Xi'an plant has four assembly lines in production at the same time, with output reaching 4,000 to 4,400 vehicles per day.
Zeekr rolls out 7X SUV in Europe, deliveries to begin in summer 2025
The Zeekr 7X is available for order in the Netherlands, Sweden and Norway, with first customer deliveries expected in summer 2025.
FAW Hongqi joins CATL battery swap alliance
Hongqi is the second automotive brand in the past month to announce the adoption of CATL's Choco-SEB battery swap solution.
Nio surpasses 2,800 swap stations in China
Nio has added 62 battery swap stations in China so far this month, and aims to add about 200 in total this month.
Meet Daniel Jin: Head of Nio Firefly, an auto industry veteran
Jin joined Nio in January 2022 after more than 10 years at SAIC-GM.