BYD launched the BYD Seal successful Europe astatine the IAA car amusement successful Munich, Germany. The electrical sedan has a starting terms of 44,900 euros ($48,479).
Arjun Kharpal | CNBC
Aito, which uses Huawei technology, said it delivered 31,216 cars past month, down by much than 10,000 vehicles from the anterior month. Huawei is selling the Aito trademark and patents to automaker Seres for 2.5 cardinal yuan ($352.5 million).
Lower-priced cars hitting the market
Nio said it delivered 20,176 cars successful August, down somewhat from July but supra 20,000 for a fourth-straight month.
The company's lower-priced marque Onvo opened 105 stores connected Sunday arsenic it prepares to statesman for deliveries for its archetypal car, the L60 SUV, this month. Nio is scheduled to study net connected Friday.
Xpeng reported 14,036 car deliveries successful August, its champion period for the twelvemonth truthful far.
The institution said connected Friday it began immoderate deliveries of its recently launched, wide marketplace Mona M03 electrical car that sells for the equivalent of little than $20,000 successful China. It was not wide whether those M03 deliveries were included successful the full fig Xpeng reported.
Geely-backed Zeekr reported a month-on-month summation to 18,015 deliveries successful August, but that was down from 20,206 deliveries successful June.
Undercutting Tesla and going global
Zeekr connected Friday said it would launch its archetypal SUV this period with a terms much than $1,400 little than Tesla's Model Y. The U.S.-listed Chinese institution said it aims to present the SUV globally by the extremity of this year, but did not specify which countries oregon regions.
BYD said it sold 31,451 cars overseas past month, pushing the year-to-date full to 264,869 and supra the 242,765 cars it sold overseas for each of past year.
If BYD keeps up its mean monthly overseas income gait done the extremity of December, the institution volition merchantability conscionable nether 400,000 cars extracurricular China this year, according to CNBC calculations.
Xiaomi lone said it delivered much than 10,000 cars successful August for a third-straight month. In mid-July, CEO Lei Jun said the institution aimed to deliver 100,000 units of its SU7 electrical sedan by the extremity of November.
That indicates Xiaomi needs to present an mean of astatine slightest 16,000 cars a period from August to November, according to CNBC calculations of reported data.
The smartphone institution began wide deliveries of the SU7 successful April astatine a terms astir $4,000 little than Tesla's Model 3.
—CNBC's Sonia Heng contributed to this report.
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