China's EV maker deliveries rebound, buoyed by cheaper new models

1. BYD shipped 371,501 EV units in August, a 22% increase. 2. Nio, Leapmotor, and Xpeng set new delivery records owing to affordable models. 3. Competitively priced models improved overall EV demand after summer slump. 4. Li Auto faced declining sales for three consecutive months amidst controversy. 5. Leapmotor reported 88% year-over-year sales increase with the new B01 model.