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CnEVPost Newsletter: China NEV insurance registrations; Tesla rumors
In the past five weeks, NIO vehicles had 11,929 insurance registrations. The company delivered 10,378 vehicles in March.
XPeng now has more than 1,000 of self-operated charging stations in China, including 186 S4 ultra-fast charging stations.
Wang Xing has cashed out HK$420 million in the past half month by cutting his stake in Li Auto, but remains the NEV maker's largest external shareholder.
In the first quarter, Tesla sold 229,322 China-made vehicles, contributing 54 percent of its global deliveries in the quarter.
Tesla's lower-priced model will be a smaller version of the Model Y, and the EV maker is building a capacity plan for it of up to 4 million units a year, a new report said.
Tesla will soon begin large-scale testing of FSD (Full Self-Driving) in China, according to a report by Caixin on April 3.
The H-Pilot assisted driving system is available for the first time for the Hengchi 5, giving the vehicle the ability to perform full-speed adaptive cruise control and lane keeping.
In the first quarter, wholesale sales of new energy passenger vehicles in China are expected to be 1.48 million, up 25 percent year-on-year, the CPCA said.
A new research lab under the center will focus on discovering new functional and affordable materials.
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