Source: CNBC
“From China’s electric carmaker giant BYD to startup Nio, the latest reports for August show EV demand rebounded after a slump earlier in the summer amid a fierce price war. BYD announced it shipped 371,501 units in August, nearly 22% growth from a year ago. Meanwhile, Nio, Leapmotor, and Xpeng set new delivery records after launching models with wallet-friendly price tags, that started deliveries from end July to end August.” (09/02/25)