The strong deliveries reflected Chinese consumers’ persistent concerns about relying only on a battery for driving.
Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li L6 SUV.
The new model and most of Li Auto's cars come with a fuel tank for extending the battery's driving range.The new model and most of Li Auto's cars come with a fuel tank for extending the battery's driving range. The strong deliveries reflect Chinese consumers'U.S.-listed Li Auto said it delivered 51,000 cars in July, surpassing the 50,000 mark for the first time since December and setting a record for the company.
Industry giant BYD reported a total of 340,799 passenger car sales in July, more than 60% of which were of plug-in hybrids. The hybrid category also saw year-on-year sales growth of 44%, versus just under 14% for battery-only cars. That contrasts with total sales figures for 2023, in which battery-only cars grew faster than hybrids to account for just over half of BYD's passenger car sales.The tech company has focused on selling software for cars instead of manufacturing them. A filing in July showed Huawei is selling the Aito trademark and patents to automaker Seres for 2.5 billion yuan.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Sam's Club July Membership Deal: Join for 50% Off and Shop July's Trending ProductsFor a limited time, Sam's Club is offering 50% off memberships, and the store has some of the hottest products to shop for summer.
Read more »
7 best things to do in Colorado this Fourth of July weekend: July 5-7, 2024Óscar A. Contreras is a Murrow-nominated journalist who has been writing for the E.W. Scripps Company since January 2014.
Read more »
3 PS Plus games to play this 4th of July weekend (July 4-7)This 4th of July weekend, check out these PlayStation Plus games that are perfect for the holiday.
Read more »
Today’s horoscope, July 4, 2024: Marking the Fourth of July with the sunThis year’s celebration occurs between a significant retrograde and a new moon.
Read more »
Hong Kong is more Chinese, but don’t call it ‘another Chinese city’As expats leave, officials say they’re unconcerned — but their reaction to criticism says otherwise.
Read more »
NFL Training Camp: New Orleans Saints Transactions And Injury ReportsNFL transactions and injuries during Saints Training Camp from July 21 to July 28.
Read more »