Deliveries

Fang Cheng Bao delivered the first Bao 5 vehicles to their owners today, one day ahead of the original schedule.

Between November 1 and 19, Li Auto had 25,400 insurance registrations in China, Nio had 9,400, Xpeng had 10,400, Tesla had 39,300 and BYD had 129,700 units.

Between November 1 and November 12, Nio vehicles had 5,700 insurance registrations in China, Xpeng 6,100, Li Auto 15,400, and Tesla 22,900.

Tesla Model Y retail sales in China were down 36.39 percent in October from September, while Model 3 was up 9.33 percent.

All three Li Auto models delivered more than 10,000 units in October, and all were record highs.

October was the first full month of deliveries for the updated G9 since its launch on September 19, and monthly deliveries were an all-time high for the model.

Excluding exports, China's NEV sales in October were a record 832,000 units, up 2.9 percent from September.

The ES6 remains the best-selling Nio model, but deliveries were down from September, while deliveries of the EC6 coupe SUV were up significantly.

Tesla's share of the NEV market in China was 3.73 percent in October, and its share of the BEV market was 5.78 percent.

Nio's insurance registrations were down 8.7 percent last week compared to the previous week, Xpeng was down 18.97 percent and Li Auto was down 14 percent as deliveries are usually slow at the beginning of the month.