China EV brands log stronger insurance counts in late July
Nio recorded 3,250 insurance registrations.
Major electric vehicle makers in China saw higher insurance registrations in the week of 21 to 27 July, as deliveries picked up toward the end of the month, reported CNEVPOST.
Nio recorded 3,250 insurance registrations during the week, a 30% increase from 2,500 the previous week, according to data shared by automotive industry observers on Weibo.
Tesla also saw its insurance registrations climb 7.27% to 10,620 on a week-on-week basis.