November 2020 update of top 5 Chinese EV startups’ insurance registrations
Monika From Gasgoo
| December 30 , 2020
Shanghai (Gasgoo)- In November, consumers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for 176,718 homegrown new energy passenger vehicles (NEPVs), representing a year-on-year hike of 180.22%, according to the China Insurance Regulatory Commission (CIRC).
For the first eleven months, China s NEPV insurance registrations jumped 16.28% from a year ago to 901,908 units.
Among the NEPVs registered last month, 21,015 units were from Chinese EV startups, a splendid growth of 224.21% compared to the year-ago period.
The six startups whose Nov. registrations exceeded 10,000 units were NIO, Li Auto, Xpeng Motors, WM Motor, Leapmotor and HOZON Auto. Their registrations totaled 20,006 units last month, while still outnumbered by those of the Model 3, whose insurance volume stood at 21,572 units.
Share this article
Share this article
ResearchAndMarkets.com s offering.
The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.
ADAS & safety segment in post-sales application is estimated to be the fastest-growing segment of the automotive data logger market, in terms of value, by 2025
Share:
ResearchAndMarkets.com s offering.
The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.
ADAS & safety segment in post-sales application is estimated to be the fastest-growing segment of the automotive data logger market, in terms of value, by 2025
Global Automotive Data Logger Market (2020 to 2025) - Analyzing Real-Time Vehicle Data Presents Opportunities - ResearchAndMarkets.com
ResearchAndMarkets.com s offering.
The global automotive data logger market is estimated to be USD 3.1 billion in 2020 and is projected to reach USD 4.4 billion by 2025, at a CAGR of 7% from 2020 to 2025.
The market growth is primarily driven by the growth in the complexity of electronic architecture in modern ICEs and electric vehicles because of the stringent emission regulations as well as the growing number of luxury vehicles and their embedded features. In such cases, a lot of effort goes into developing these advanced features, which require extensive use of data loggers.