Electric vehicle sales at China's Li Auto and Xpeng Inc more than tripled in July from a year ago, while they doubled at Nio Inc, helped by robust demand for new energy automobiles in the world's biggest auto market.
The rise in July deliveries comes at a time when electric car makers have been expanding manufacturing capacity in China, encouraged by the country's policy of promoting greener vehicles.Nio, Li and Xpeng compete with U.S. electric car maker Tesla, which dominates the EV market in China. Xpeng, which makes the P7 sedan and G3 sport-utility vehicles, said its July deliveries jumped 228per cent to 8,040 vehicles.
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