CnEVPost Newsletter: China EV insurance registrations; Tesla price hike
From November 1 to November 26, Nio was 12,700, Xpeng 14,800, Li Auto 34,800, Tesla 56,000 and BYD 178,000 units.
Nio has started displaying vehicles at used car trading platform Uxin's offline outlets to open up new sales channels and increase sales exposure and reach, according to local media.
This is Tesla's fifth price hike in China in the past month, albeit mostly for different models.
Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.
To date, Tesla has opened more than 350 Supercharger stations and more than 260 destination charging stations to other brands in the Chinese mainland.
The Luxeed S7 is an all-electric mid to large-size sedan model with a starting price of RMB 249,800, or $34,920.
The export of lithium batteries using air transportation is very rare and difficult, as the product is classified as dangerous goods.
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