China's passenger NEV retail sales totaled 970,000 units from July 1 to 31, down 2% year-on-year and 2% month-on-month.

This represents a 37.85% increase from the 67,886 units sold during the same period last year and a 5.04% increase from the 89,091 units sold in June.

BYD sold 419,211 NEVs in July, a year-on-year increase of 21.76%.

In July, Geely sold 143,498 vehicles in the Chinese market and exported 106,663 vehicles.

From January through July, Harmony Intelligent Mobility delivered 287,262 vehicles, a 14% increase year-on-year.

From January through July, Leapmotor delivered 457,754 vehicles, a year-on-year increase of 68.42%.

From January through July, Nio Inc delivered 227,057 vehicles, a year-on-year increase of 67.98%.

From January through July, Xpeng delivered 204,004 vehicles, a 12.78% year-on-year decrease.

From January through July, Li Auto delivered 223,940 vehicles, a 4.57% year-on-year decrease.

China's Vehicle Inventory Alert (VIA) Index for July stood at 61.1%, indicating that the automotive industry remains in contraction territory.