EV Data

This would include 6.99 million BEVs and 3.37 million PHEVs, according to a team of local analysts.

Nio continued to outsell its local counterpart Xpeng and Li Auto in the first week of September, as deliveries of its new models began to see a steady rise.

It's a BYD Song Plus DM-i, and the family of models is BYD's best-selling, and China's best-selling SUV model.

Despite China's policy of halving purchase taxes on mainstream ICEvehicles, the momentum driving growth in the NEV market is strong, the CPCA said.

BYD's flagship Han family of sedans sold 26,003 units in August, while the flagship Tang family of SUVs sold 10,815 units.

BYD's vehicle deliveries in August were impacted by power constraints and Covid outbreaks. The company is aiming for 280,000 units of monthly deliveries by the end of the year.

The latest US subsidy bill is discriminatory, and if the US government insists on this policy, BYD will consider temporarily abandoning the US market.

The delivery numbers themselves don't have any major negative surprises, but other developments are hurting stocks, including the Nvidia chip ban and the Chengdu Covid lockdown.

From January to August, Leapmotor delivered 76,563 vehicles, up 249 percent from 21,937 in the same period last year.

The AITO M5 EV will be officially launched on September 6 at Huawei's fall launch event.