Chinese EV Brand Li Auto Achieves Record Deliveries in August, On Track to Meet Q3 Guidance

Chinese electric car companies Li Auto, Nio, and Xpeng have reported strong delivery numbers for August, keeping pace with their third-quarter guidance. Li Auto led the pack with a record 34,914 car deliveries, surpassing its forecasted range. Nio delivered 19,329 vehicles, slightly lower than July but within its projected range. Xpeng delivered 13,690 electric cars, with over half being its new G6 coupe SUV. The Chinese electric car market remains highly competitive, with state-owned GAC's Aion brand delivering the highest number of cars in August. BYD, Aion, and Li Auto have surpassed Tesla China in monthly retail sales.