Chinese EV Makers Report Mixed August Sales Amid Fierce Competition

XPeng and Leapmotor show strong growth, while Li Auto and Nio experience declines from July highs.

XPeng's August sales rose 26% month-over-month with the launch of its new Mona model.
Leapmotor achieved record deliveries, surpassing its previous best by 37.2%.
Li Auto's sales fell 5.6% from July but remained 37.8% higher than the previous year.
Nio maintained over 20,000 deliveries for the fourth consecutive month despite a slight monthly decline.
BYD continued its strong performance, expected to approach 400,000 units sold in August.