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CnEVPost Newsletter: China NEV insurance registrations; NIO, CATL sign new deal
China NEV insurance registrations in 2nd week of Jan: BYD 40,420, Tesla 12,654, NIO 2,974
Li Auto registered 4,527 units last week, up from 3,704 units the week before, while XPeng registered 1,817 units last week, up from 1,551 units the week before.
NIO, CATL sign deal involving cooperation on new brands, projects
The agreement involves technical cooperation for new brands, projects and markets, as well as overseas business expansion, CATL said.
NIO reaches 50,000 single-day battery swap services
From January 13 to February 5, all of NIO's battery swap stations along highways are open to vehicle owners for free and unlimited use.
XPeng cuts prices on most models after Tesla move
The move is a normal price adjustment for XPeng as its vehicle production costs have fallen, a spokesperson told CnEVPost.