
January’s NEV penetration rate fell to 44.4%, with CPCA anticipating this will mark a cyclical low point.
The CPCA projects China’s overall passenger vehicle retail sales for January to total about 1.8 million units, a 0.36% year-on-year increase but a 20.4% decline from December.




Lemonade has launched what it calls “Autonomous Car Insurance”, a first-of-its-kind product that slashes rates by approximately 50% for Tesla owners when Full Self-Driving is engaged. It’s a bold bet on FSD technology, and it significantly undercuts the discount offered by Tesla’s own insurance product.
Kia is cutting EV prices and rolling out new financing deals in response to similar moves from rivals, including Tesla. 





