CnEVPost Newsletter: China NEV insurance registrations; CPCA expects NEV retail in May to rise 10.5% MoM

May 23, 2023

China NEV insurance registrations for week ending May 21: Li Auto 7,100, XPeng 1,500, NIO 1,400

Tesla vehicles registered 10,200 insurance units in China last week, bringing the number to 26,118 for the first three weeks of May.

NIO Capital hosts investor conference, William Li highlights NIO's choice in times of uncertainty

"We need to think strategically with a long-term mindset and use that to guide our short-term actions," Li said.

Tesla offers China-made Model 3 and Model Y in Canada, report says

Both models are eligible for a C$5,000 federal incentive in Canada.

SAIC expects its 1st model with solid-state battery to roll off line in 2025

SAIC is ramping up development work on solid-state battery cells, with its first production model powered by solid-state battery set to roll off the assembly line in 2025, it said.

Dongfeng and Honda's JV exports cars from China for 1st time

Dongfeng Honda has sent a shipment of hybrid Honda CR-Vs and all-electric e:NS1s from Shanghai to Europe, with the vehicles expected to arrive at a Belgian port in late June.

CPCA expects China NEV retail sales to rise 10.5% MoM to 580,000 in May

Passenger vehicle sales in China are expected to be around 1.73 million units in May, up 27.7 percent year-on-year and up 6.6 percent from April, the CPCA said.

More on CnEVData:

Data table: China NEV weekly insurance registrations

This article is used to record the weekly insurance registrations of new energy vehicles (NEVs) of different vehicle companies in China.

China Apr auto sales breakdown: Premium models contribute 13.5%

This was down from 14.08 percent in March, but up from 10.17 percent in the same month last year.

Local brands' share of Chinese auto market in Apr at 48.43%

The share of local brands in April was lower than the 48.78 percent in March, but higher than the 46.38 percent in the same month last year and higher than the 35.60 percent in January 2020.

China Mar auto exports up 19% from Feb

China's vehicle exports in March were 387,000 units, up 19.44 percent from February and up 88.78 percent year-on-year.

Lithium carbonate prices flat for 2nd straight day

This comes after battery-grade lithium carbonate saw 15 consecutive days of gains and 18 consecutive days of gains for industrial-grade lithium carbonate.