Electric vehicle (EV) makers in China saw mixed insurance registrations last week, with Li Auto leading the pack at 11,300 registrations, followed by Xpeng at 5,600, Zeekr at 5,100, Leapmotor at 8,500, and Aito at 8,700.
Li Auto, known for its high-quality vehicles, reported a slight decrease in insurance registrations from the previous week but still maintained a strong presence in the market. The company recently achieved a milestone of delivering its 1 millionth vehicle, showcasing its rapid growth and popularity among consumers.
Xpeng, on the other hand, saw a significant increase in insurance registrations, indicating a growing demand for its electric vehicles. The company’s new flagship electric sedan, the P7+, received overwhelming pre-sales orders, demonstrating the market’s enthusiasm for innovative EV models.
Tesla, a prominent player in the EV industry, experienced a slight decline in insurance registrations but continues to dominate the market with its popular Model 3 and Model Y vehicles. The company’s China-made vehicles saw record sales in September, further solidifying its position as a leading EV manufacturer.
BYD, a key player in the NEV market, reported a record number of insurance registrations, reflecting its strong performance and growing market share. The company’s new models, such as the Seal 06 GT and the 2025 Tang DM-i, have been well-received by consumers, contributing to its success in the competitive EV market.
Xiaomi, a newcomer to the EV industry, saw a steady increase in insurance registrations for its SU7 model. The company’s focus on performance and innovation has positioned it as a promising player in the EV market, with plans to produce and deliver more vehicles in the coming months.
Zeekr and Leapmotor also reported strong insurance registrations, highlighting the growing demand for their electric vehicles. Both companies have introduced new models to cater to different consumer preferences, further expanding their presence in the EV market.
Overall, the EV industry in China continues to show resilience and innovation, with companies like Li Auto, Xpeng, and Tesla leading the way in delivering cutting-edge electric vehicles to consumers. With a focus on sustainability and technological advancements, the future looks bright for the EV market in China.