Major EV makers all saw a significant drop in insurance registrations in China last week, as deliveries are usually slow at the beginning of the month.
Xpeng overtook Li Auto at No. 1 in the new brands list for the first time.
China EV insurance registrations by brand for week ending Jan 5: Nio 3,000, Onvo 2,300, Tesla 5,500, BYD 36,500
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