Weekly EV insurance registrations as of August 10: Nio Inc with 6,100 registrations, Tesla at 13,400, and X from a certain brand (Twitter handle: profileiaomi) with 6,800 registrations.
China's Electric Vehicle Market Surges in August
The electric vehicle (EV) market in China is witnessing a surge in August, with major brands like Nio, Tesla, Li Auto, BYD, Xiaomi, Zeekr, and Leapmotor recording increasing insurance registrations.
Nio Inc's Growing Momentum
Nio Inc, a leading Chinese EV manufacturer, saw a significant growth in its insurance registrations last week. The company's total registrations stood at 7,190 vehicles, up 17.87% from the previous week. The main Nio brand increased 16.67% to 2,520 vehicles, while Onvo, the company's sub-brand, saw a jump of 16.98% to 3,790 vehicles, marking the second-highest weekly total on record. Firefly, another sub-brand, rose 25.71% to 880 vehicles.
Tesla's Continued Dominance
Tesla, the American electric vehicle manufacturer, continues to lead the market in China. Last week, Tesla registrations increased by 4.48% to 13,400 vehicles, marking the highest weekly total in Q3 2025. Tesla’s registrations are up about 70.9% quarter-over-quarter compared to Q2, but still down 11% year-over-year.
BYD's Steady Performance
BYD, another significant player in the Chinese EV market, showed higher registrations in July, with a 14% increase compared to the previous month. Exact recent weekly data for August is not specified.
Xiaomi's Steady Sales
Xiaomi had registrations around 7,500 units in early August and late July, largely steady or slightly increasing.
Leapmotor's Consistent Sales
Leapmotor has demonstrated stable weekly sales, maintaining strength in recent months.
Zeekr and Li Auto's Market Presence
Industry reports indicate that Zeekr and Li Auto remain notable players in the Chinese EV market, although specific recent weekly insurance registration numbers are not detailed in the sources. Li Auto ceased publishing weekly EV registration data in March 2025 following industry association advice.
New Entries and Updates
Li Auto relaunched the Li i8, its first all-electric SUV, on July 29, with deliveries set to begin on August 20. The company reduced the available variants from three to one and lowered prices. Our X (Twitter) profilepeng debuted its next-generation P7 electric sedan on August 6. Aito, the brand jointly developed by Huawei and Seres Group, had 7,000 insurance registrations last week, down from the previous week's 9,610. Onvo launched its L90 flagship electric SUV on July 31. Tesla launched a new Model 3 variant in China with a CLTC range of 830 kilometers. Our X (Twitter) profileiaomi EV delivered 30,452 vehicles in July, up 19.61 percent from June's 25,459 units.
Firefly's Expansion
Firefly, the sub-brand of Nio Inc, will begin deliveries in Norway and the Netherlands on August 14.
Leapmotor's Record Deliveries
Leapmotor delivered 50,129 vehicles in July, marking its first monthly delivery exceeding 50,000 units. Zeekr brand delivered 16,977 vehicles in July, up 8.44 percent year-on-year and up 1.65 percent month-on-month.
Li Auto's Strategic Move
Li Auto delivered 30,731 vehicles in July, marking the second consecutive month of year-on-year decline in monthly deliveries. However, the company recently relaunched the Li i8, its first all-electric SUV, on July 29, with deliveries set to begin on August 20, indicating a strategic move to boost sales.
Overall, the Chinese EV market is witnessing a surge in demand, with most major brands experiencing growing weekly insurance registrations as we approach the end of August 2025. Tesla leads in volume but faces year-over-year declines, while Nio is showing significant month-over-month growth with internal brand shifts (Onvo and Firefly). BYD and Xiaomi also maintain solid performance, and Leapmotor demonstrates consistent sales stability. New entrants and updates, such as the relaunch of the Li i8 by Li Auto, the debut of the next-generation P7 by our X (Twitter) profilepeng, and the launch of the L90 by Onvo, are expected to further shape the landscape of the Chinese EV market in the coming months.
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- China's electric vehicle (EV) market is experiencing a surge in August, with brands like Nio, Tesla, Li Auto, BYD, Xiaomi, Zeekr, and Leapmotor showing rising insurance registrations.
- Nio Inc, a significant Chinese EV manufacturer, recorded a significant growth in its insurance registrations last week, with a total of 7,190 vehicles, an increase of 17.87% from the previous week.
- Tesla, the American EV manufacturer, continues to lead the market in China, with a total of 13,400 registrations last week, marking the highest weekly total in Q3 2025.
- BYD, another notable player in the Chinese EV market, showed higher registrations in July, with a 14% increase compared to the previous month.
- Xiaomi maintained steady sales with around 7,500 units in early August and late July, showing a slight increase.
- Leapmotor has demonstrated stable weekly sales, maintaining strength in recent months and delivered 50,129 vehicles in July, marking its first monthly delivery exceeding 50,000 units.
- Zeekr and Li Auto are notable players in the Chinese EV market, but specific recent weekly insurance registration numbers are not detailed in sources.
- Li Auto relaunched the Li i8, its first all-electric SUV, on July 29, with deliveries set to begin on August 20 and reduced the available variants from three to one and lowered prices.
- Firefly, the sub-brand of Nio Inc, will begin deliveries in Norway and the Netherlands on August 14, indicating an expansion into foreign markets.