Phate Zhang

BYD's sales are still largely coming from China for now, and will further challenge the top players when sales improve in overseas markets, TrendForce said.

Tesla is showcasing the revamped version of its Model 3 at a services trade fair in Beijing, after unveiling the model on September 1 for pre-sale in China.

The Zeekr 001 FR can sprint from 0 to 100 km/h in 2.07 seconds, making it the fastest production all-electric vehicle.

With 57,940 units sold in August, the Song family continues to rank as the top-selling BYD model, up 36.33 percent year-on-year and up 13.04 percent from July.

BYD sold 145,627 BEVs in August, up 76.14 percent year-on-year, and 128,459 PHEVs, up 40.70 percent.

Nio's lower deliveries in August may be related to a brief production suspension of its F1 plant in late July through early August for upgrades.

Xpeng delivered 13,690 vehicles in August, a new high since June 2022. That was up 42.93 percent year-on-year and 24.36 percent from July.

In the January-August period, Li Auto's market share in China for NEVs of RMB 300,000 and above exceeded 30 percent, the company said.

Nio is offering 30 free battery swaps, an online mall discount coupon worth RMB 2,000, and 1 year free usage of NOP+ to customers who buy its vehicles in September.

The Model S Plaid price has been cut by 19 percent and the Model X Plaid price by about 21 percent compared to the prices previously displayed on Tesla's China website.