Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw insurance registrations of 4,900 units in China last week, up 19.51 percent from 4,100 in the previous week.
Tesla’s insurance registrations in China decreased by 19.32 percent last week compared to 12,270 in the previous week.
China EV insurance registrations for week ending Jul 20: Nio 2,500, Tesla 9,900, Xiaomi 7,200
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