CnEVPost Newsletter: China NEV insurance registrations; Tesla rumors

Apr 4, 2023

China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730

In the past five weeks, NIO vehicles had 11,929 insurance registrations. The company delivered 10,378 vehicles in March.

XPeng upgrades over 160 charging stations with S4 ultra-fast chargers

XPeng now has more than 1,000 of self-operated charging stations in China, including 186 S4 ultra-fast charging stations.

Meituan CEO Wang Xing cuts holdings in Li Auto

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.

Tesla sells 88,869 China-made vehicles in Mar, CPCA data show

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 coming with planned annual capacity of 4 million units, report says

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 reportedly to begin large-scale testing of FSD in China

Tesla will soon begin large-scale testing of FSD (Full Self-Driving) in China, according to a report by Caixin on April 3.

Hengchi 5 gets assisted driving capability days after Evergrande NEV warns of production halt risk

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.

China's Mar passenger NEV wholesale sales up 20% MoM to 600,000, CPCA estimates show

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.

Samsung SDI opens battery R&D center in Shanghai

A new research lab under the center will focus on discovering new functional and affordable materials.