Top 10 Chinese-startup-built EV models by Sept. insurance registration
In September, Chinese consumers bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for a total of 5,930 vehicles made by Chinese startups, versus 5,061 units for the month of August, according to the China Insurance Regulatory Commission.
By the end of September, the insurance registration of startup-made vehicles amounted to 43,418 units.
Last month, automakers in China sold roughly 80,000 new energy vehicles (NEVs) across the country, plunging 34.2% year on year, which was also the third-month-in-a-row drop, said the China Association of Automobile Manufacturers (CAAM). Most EV-focused startups saw their Sept. deliveries climb over the former month, which were still far from their initial sales goal.
To offer users convenient and safe charging services, Xpeng Motor works on weaving its own charging network. The company said on September 26 the first flagship supercharger station jointly built with TELD, a Chinese leading charging pile operator, had been formally put into operation, a groundbreaking cooperation between Chinese EV startups and charging network operators.
Located in Shibei District of Qingdao, the significant supercharger station is surrounded by large residential quarters, shopping malls and office buildings and is equipped with 20 parking lots for to-be-charged vehicles, said the startup.
Moreover, the EV maker is ready to start the presale of its second mass-produced model, the Xpeng P7, at the forthcoming Guangzhou International Automobile Exhibition 2019 and begin the delivery in the second quarter next year.
