HEFEI, CHINA - MAY 25: Chinese EV shaper Nio officially launches refreshed versions of its ET5 sedan connected May 25, 2025 successful Hefei, Anhui Province of China. Nio officially launched the updated ET5 sedan and ET5T wagon, with an unchanged starting terms but bringing aggregate diagnostic upgrades. (Photo by Zhang Dagang/VCG via Getty Images)
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From China's electrical carmaker elephantine BYD to startup Nio, the latest reports for August amusement EV request rebounded aft a slump earlier successful the summer amid a fierce terms war.
BYD announced it shipped 371,501 units successful August, astir 22% maturation from a twelvemonth ago.
Meanwhile, Nio, Leapmotor, and Xpeng acceptable caller transportation records aft launching models with wallet-friendly terms tags, that started deliveries from extremity July to extremity August.
Nio — which debuted a caller exemplary successful August — acceptable a caller grounds with 31,305 shipments successful the aforesaid month, exceeding the 20,000 scope clocked for 4 consecutive months, with a flimsy diminution successful July.
The August spike is owed successful ample portion to its sub-brand, Onvo, which made 16,434 deliveries successful August compared to a specified 5,976 successful July. That besides marks Onvo's archetypal period of transportation successful the five-digit range.
Under its family-oriented marque Onvo, the EV startup launched a caller SUV model, the L90, that began its six-seater saltation deliveries connected Aug. 1. The seven-seater mentation is scheduled for deliveries successful precocious September.
Shares of Nio besides popped on the motorboat of its namesake brand's SUV, the ES8 —priced from 308,800 yuan ($43,305) onwards— for pre-order with deliveries besides scheduled successful precocious September.
Similarly, Leapmotor acceptable an all-time precocious grounds of 57,066 deliveries successful August connected the income of its caller model, the B01, which launched connected July 24. That's an 88% summation twelvemonth implicit twelvemonth and higher than July's 50,129 deliveries.
The surge successful Leapmotor's income was partially owed to the occurrence of the B01 model, that sold much than 10,000 units wrong the archetypal period of its motorboat and the buzz garnered from a caller colour merchandise of the B10 model.
The latest income fig marks the largest leap since March this year, erstwhile deliveries of the Stellantis-backed EV shaper spiked from 25,287 successful February to 37,095 successful March.
Similarly, Xpeng recorded a caller monthly precocious of 37,709 deliveries successful August connected its caller P7 exemplary which launched income from Aug. 28. The caller exemplary was competitively priced from 219,800 yuan onwards, making it 1 of the lowest priced EVs successful the market.
Xiaomi maintained its transportation scope in August with implicit 30,000 deliveries, aft notching its archetypal transportation surge since March pursuing the rollout of the YU7 SUV successful July. The EV carmaker did not study the nonstop numbers.
Other EV makers rebounded lone somewhat for the month. Following deliveries that plateaued from June to July, Geely-owned Zeekr, recorded 17,626 income successful August, a marginal ascent from the 16,977 units successful July.
Controversy drags sales
Meanwhile, Li Auto clocked its 3rd continuous period of decline with 28,529 deliveries successful August, down from 30,731 units successful the erstwhile month, contempt launching a competitively-priced model, Li i8, connected July 29.
The institution came nether occurrence successful August for a video of a collision trial betwixt the Li i8 and a motortruck from Dongfeng Liuzhou, different automobile company, which immoderate netizens claimed had unfair trial conditions.
Though Li Auto initially defended their calculated and arguable selling tactic, they aboriginal apologized to the motortruck company.
The August diminution was marginal compared to the past 2 months, but it could awesome a broader disapproval against the EV terms war.
Huawei-backed Harmony Intelligent Mobility Alliance —which includes brands specified arsenic Aito, Chery, and Maextro— besides saw little car deliveries at 44,579 units successful August, compared to 47,752 successful July. The institution did not property oregon interruption down its deliveries according to immoderate peculiar brands oregon models.
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