TOP BIT
Deliveries of new EV models fell by about five percent in July compared with the previous month, to around 1.26 million vehicles. Carmakers are scaling back discounts after Beijing set limits on the price war. At the same time, Leapmotor and Xpeng reported record figures, while Dongfeng suspended trading in Hong Kong after a sharp profit warning.
The Details
📉 July Slowdown: Down five percent from the previous month, but still…
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