Xpeng, Nio, and Li Auto reported weaker July EV sales, with deliveries falling month on month as demand for intelligent cars softened amid a slowing Chinese economy. Xpeng handed over 38,027 vehicles (-5.2%), Nio delivered 35,934 (-11.5%), and Li Auto delivered 30,468 (-1.4%), extending Nio’s and Li Auto’s recent declines and ending Xpeng’s run of gains.
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