Li ONE honored best-selling new energy SUV model in China by Oct. insurance registrations

Shanghai (Gasgoo)- Li ONE, the REEV (range-extended electric vehicle) model of startup Li Auto, was once again honored the hottest-selling new energy SUV model in October with an insurance registration of 3,438 units, according to China Automotive Technology & Research Center (CATARC).

The new energy models hereby mainly refers to all-electric, plug-in hybrid electric models (including REEVs) and fuel cell vehicles.

Li ONE; photo credit: Li Auto

Notably, Li ONE was also the best-selling full-sized new energy SUV model in China for the first ten months. The CATARC's data show that the Jan.-Oct. insurance registrations of the Li ONE reached 22,160 units, 14,726 units more than that of the runner-up NIO ES8.

The insurance volume of NIO's models totaled 4,880 units in October, surging 94% year on year, according to CATARC.

On the top 10 new energy SUV model list by Oct. insurance volume, NIO's ES6 and ES8 sat at the second and fourth places respectively. It is worth noting that the ES6 was also the most popular all-electric SUV model last month.

With 836 units registered in October, the NIO EC6 was ranked 9th among the all-electric SUV models in China.

On November 6, NIO launched its 100kWh battery pack that is able to provide a NEDC range of up to 615km for NIO models.

The 100kWh battery features the CTP (cell-to-pack) technology jointly developed with CATL, which helps achieve 37% higher energy density, according to NIO. Thanks to the thermal propagation prevention design, the newly-launched battery realizes better thermal runaway management. Besides, the highly integrated design can streamline the manufacturing process by 40% and improves space utilization by 19.8%, and the all-climate thermal management can improve performance and extends the service life of the battery.