China Stock Pops On EV Milestone But Rival Takes July Sales Crown

Xpeng (XPEV) outpaced Li Auto (LI) and Nio (NIO) again in China EV sales for July. But Nio stock and LI popped, with Li Auto stock leading gains as it announced the 200,000th Li One EV rolled off the assembly line Monday, achieving that milestone at “record” speed vs. other Chinese EV startups. All three …

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