Xpeng

Xpeng has signed strategic partnership agreements with two mobility services companies and completed the first deliveries of Xpeng P7 vehicles under the cooperation.

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.

By the close of trading, Xpeng was down 6.82 percent in Hong Kong, Li Auto was down 6.55 percent and Nio was down 4.03 percent.

For the five weeks in December, November 28 to January 1, Tesla vehicles had 48,154 insurance registrations in China.

Li Auto showed strong execution and sequential growth, while Zeekr's sales performance was the biggest positive surprise of last year, said Edison Yu's team.

Tesla remains the world's largest manufacturer in the BEV segment, though BYD is rapidly closing the gap with it.

Consumers who previously bought Xpeng models were eligible for purchase subsidies ranging from RMB 10,080 ($1,460) to RMB 13,860.

Xpeng G9 delivered 4,020 units in December, up 160 percent from November, the first time it exceeded 4,000 units.

Nio vehicles registered 2,690 insurance units in the fourth week of December, including 1,273 ET5s, 595 ES7s, 439 ES6s, 213 ET7s, 89 ES8s and 81 EC6s.

The company, which has a registered capital of 5 billion yuan ($718 million), has a range of operations including battery manufacturing, battery sales, battery parts production, motor manufacturing and R&D.