Li Auto Leads with Record July Deliveries Amid Mixed Results for Chinese EV Makers

While Li Auto achieved a new milestone, other Chinese EV manufacturers faced challenges with fluctuating sales and profitability pressures.

Li Auto delivered 51,000 vehicles in July, a 49.4% year-over-year increase and a new record for the company.
Nio's deliveries reached 20,498 units, marking its third consecutive month above the 20,000 mark, despite a slight month-over-month decline.
XPeng saw a rebound with 11,145 vehicles delivered, its best month year-to-date.
BYD set a new record with over 342,000 new energy vehicles sold in July, driven by strong plug-in hybrid sales.
The Chinese EV market remains highly competitive, with profitability challenges due to ongoing price wars.