China's top electric-vehicle makers posted better-than-expected July sales as the government attempts to boost auto demand to help revive a flagging economic recovery.
Way out front was BYD, China's top-selling automaker, which delivered 262,161 new-energy vehicles last month, up 61 percent from a year earlier.
Xpeng, which last week signed a deal to produce EVs with Volkswagen Group, reported July sales of 11,008 units, up 28 percent from the month before.
Li Auto shipped 34,134 cars last month, while Nio's deliveries jumped to 20,462.