BYD

The Chinese New Year holiday from January 21 to January 27 was a significant impact on car companies' sales activity.

This represents a year-on-year increase of 1013 percent-1179 percent, and a quarterly increase of 17 percent-35 percent.

The order is BYD's first for car carriers, each capable of carrying up to 7,000 vehicles.

In the second week of January, China's NEV sales, as measured by insurance registrations, were 99,000 units, up 37.51 percent year-on-year and up 28.61 percent from the previous week.

For the full year 2022, CATL's share of China's power battery market was 48.2 percent and BYD 23.45 percent.

From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week.

Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.

The testing site is expected to cover an area of 4 million square meters, with a total investment of RMB 2 billion ($293 million), and be operational in June 2024.

This article compares the weekly insurance registrations of BYD, Tesla, Nio, Xpeng, Li Auto, Zeekr, Volkswagen, BMW, Mercedes-Benz, and Audi's NEVs in China in 2022.

The first phase of the project, with an investment of RMB 5 billion, is expected to start production in December.