Deliveries

This is IM Motors' first public financing from other investors, reaching a post-investment valuation of nearly RMB 30 billion ($44).

The only model currently being delivered by AITO is the AITO M5 SUV with extended-range technology, with a cumulative total of 25,545 units delivered since deliveries began in March.

Edison Yu's team sees a strong rebound for Nio in the next few months as it works through a casting parts issue.

This is up 316.78 percent from 3,189 units in the same month last year and up 7.03 percent from June.

This is the third consecutive month of record deliveries for Leapmotor, bringing the cumulative number of deliveries so far this year to 64,038.

Production of the ET7 and EC6 was limited by the availability of cast parts in July, Nio said, adding that it expects to ramp up production in the third quarter.

July is a slow month for China's auto market, and a preliminary CPCA forecast shows that China's July auto sales will be about 15 percent lower than in June.

Li Auto delivered 10,422 vehicles in July, up 21.34 percent from 8,589 in the same month last year, but down 19.98 percent from June's 13,024 volume.

This is the first time Neta has released vehicle export figures. It did not provide more details, but the destination of the exported vehicles appears to be Thailand.

In July, the Zeekr 001 again received more than 10,000 orders with non-refundable deposits, with the average order amount exceeding RMB 335,000 (US$49,680).