Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,100 insurance registrations in China last week, down 19.77 percent from 5,110 the previous week.
Tesla saw a 144.91 percent increase in insurance registrations in China last week compared to the previous week’s 5,010.
China EV insurance registrations for week ending Jul 13: Nio 2,410, Tesla 12,270, Xiaomi 6,680
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