CnEVPost Newsletter: China EV insurance registrations
In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.
Nio signs partnership deal with solar panel maker Longi
Nio's fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station.
Nio issues repurchase right notice for convertible senior notes due 2026
As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding.
Half of Nio models have shorter wait times
Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today.
X9 set to lift Xpeng's volume and gross margin, says Deutsche Bank
Pricing for the Xpeng X9 has been more aggressive than expected, and volume could go upside in the first half of 2024, said Deutsche Bank.
Tesla sells 94,139 China-made cars in Dec, 2nd highest on record
China-made Tesla vehicles sold 248,686 units in the fourth quarter, contributing 51.33 percent of its global deliveries.
Zeekr partners with local dealer to tap Singapore market
Zeekr will launch the right-hand drive versions of the Zeekr 009 and Zeekr X in Singapore, with deliveries starting in the third quarter of 2024.
China's Dec NEV wholesale sales at record 1.13 million units, CPCA estimates show
Preliminary estimates show that for the full year 2023, China's wholesale sales of passenger NEVs were 8.88 million units, a year-on-year increase of 38 percent, according to the CPCA.