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CnEVPost Newsletter: China NEV insurance data; Tesla deliveries in China
From January 2 to January 8, China NEV insurance registrations were 77,000 units, down from 163,700 units the previous week.
NIO-backed startup Zhixing will build cars based on the NT 3.0 platform, and the first vehicle will be an ultra-high-end SUV priced at the RMB 1 million ($150,000) level, according to local media.
There were no previous rumors that NIO would make smartwatches, and it seems more likely that the NIO Watch trademark was registered for protection purposes.
For the full year 2022, Tesla delivered 439,770 vehicles in China, up 37.11 percent from 320,743 vehicles in 2021.
Tesla delivered more than 10,000 vehicles in China on the day of the price cut, with Ningbo, Zhejiang province seeing more than 200 Tesla vehicles delivered each day over the weekend just past, media report said.
Traffic and orders at Tesla stores in China's second- and third-tier cities have increased sharply after the price cut, with orders at stores in some cities up 500 percent from December, according to local media.
Chinese consumers don't really have a lot of options when it comes to buying EVs right now, and the country's NEV market is far from a zero-sum game, said Tesla's Grace Tao.
Zeekr's plant shutdown is expected to last from January 11 to February 1, covering the upcoming Chinese New Year holiday, which runs from January 21 to January 27.
For the full year 2022, retail sales of new energy passenger vehicles in China were 5.67 million units, contributing 27.6 percent of all passenger vehicle sales.
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