{"id":3995,"date":"2025-08-03T13:47:39","date_gmt":"2025-08-03T13:47:39","guid":{"rendered":"https:\/\/jobuzo.com\/en\/leapmotor-xpeng-report-record-july-sales-as-their-cheaper-evs-appeal-to-chinese-consumers\/"},"modified":"2025-08-03T13:47:39","modified_gmt":"2025-08-03T13:47:39","slug":"leapmotor-xpeng-report-record-july-sales-as-their-cheaper-evs-appeal-to-chinese-consumers","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/leapmotor-xpeng-report-record-july-sales-as-their-cheaper-evs-appeal-to-chinese-consumers\/","title":{"rendered":"Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers"},"content":{"rendered":"
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Chinese electric vehicle (EV) makers Leapmotor and Xpeng reported record sales last month, spurred by the popularity of their inexpensive cars, as a price war faded following Beijing’s intervention to cool the market.<\/p>\n

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After EV builders held back on discounts and interest-free loans to comply with Beijing’s call to end a brutal price war<\/span>, intelligent battery-powered cars priced at around 100,000 yuan (US$13,888) became the primary choice for budget-conscious consumers.<\/div>\n
Hangzhou-based Leapmotor,<\/span> backed by Fiat owner Stellantis, broke its sales record for the third consecutive month, delivering 50,129 vehicles in July, up 4.4 per cent from June. The number represented a year-on-year jump of 127 per cent.<\/div>\n
Guangzhou-based Xpeng<\/span>, partly owned by Volkswagen, delivered 36,717 cars to customers in July, up 6.1 per cent from the month earlier and a 229 per cent gain year on year. The volume beat the company’s previous record of 36,695 units set in December.<\/div>\n

“The two carmakers maintained their strong momentum because their vehicles were highly competitive in terms of both pricing and technological strength,” said Tian Maowei, a sales manager at Yiyou Auto Service in Shanghai. “Most consumers are opting for cheaper models due to worries about job prospects and wages.”<\/p>\n

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Xpeng, viewed as a premium EV maker in mainland China, launched the Mona 03 midsize, fully electric sedan last August to take on Tesla’s Shanghai-made Model 3<\/span>.<\/div>\n<\/div>\n

Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"

Chinese electric vehicle (EV) makers Leapmotor and Xpeng reported record sales last month, spurred by the popularity of their inexpensive cars, as a price war faded following Beijing’s intervention to cool the market. Advertisement After EV builders held back on discounts and interest-free loans to comply with Beijing’s call to end a brutal price war,…<\/p>\n

Read More “Leapmotor, Xpeng report record July sales as their cheaper EVs appeal to Chinese consumers”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":3996,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3995","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3995","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=3995"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3995\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/3996"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=3995"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=3995"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=3995"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}