China’s BYD posts first delivery dip in 2025 as EV price war bites

China’s largest home manufacturer, BYD, published the first monthly delivery decline this year in the midst of a harsh competition from a price war that attracts attention from policy makers in Beijing.

Li Auto and other large Chinese electric vehicle manufacturers, including Nio, also reported a decline in July delivery, while XPENG sent a record number of houses in July. Xiaomi, Leapmotor and Aito also had bright points that recorded a monthly growth.

BYD sent 341,030 pieces in July – Lower than 377,628 in June – this year’s first month decline and almost flat from the same period last year. The bottom comes after a stable growth that has lasted for months since the first 296,446 delivery in January.

In May, Behemoth reduced only a few of the lower -end battery and hybrid models by about 30% and asked other car manufacturers to follow suits. As the price war intensified, China’s senior leaders have published warnings to stop excessive competition in recent months.

Li auto reported 30,731 pieces in July, In June, 36,279 fell from a decrease of 39.7% annually. This was the second month decline in a row and the steep fall of Chinese home manufacturers.

Nio He also recorded a sharp drop Deliveries with 21,017 units in July -It was from 24,925 to a year in the June. From year to year, it fell by 2.7%and the entire three main product series had decreases.

Both Li Auto and Nio launched new models on July 31st. Li Auto’s first Pure Electric Sport Tool, Li i8, It comes with three variations priced between 321,800 and 369,800 Yuan ($ 44,700 and $ 51.400). Deliveries are planned to start on August 20.

Nio’s new SUV model l90It is priced as 265,800 Yuan or 179,800 Yuan with battery subscription. The six -person deliveries started on August 1, and the seven -person version was planned to be planned at the end of September.

Meanwhile, In June, Xiaomi reported more than 25,000 electric vehicles delivery – its strongest growth since March. This growth followed the launch of the YU7 SUV at the beginning of July.

XPENG, Continuing the winning line, 36,717 records broke records in July – A modest increase in June and the ninth shipment of exceeding 30,000 vehicles. On July 30, the company, the second generation Xiaopeng P7 sedan Output in China On August 6.

The Harmony Smart Mobility Alliance, which is supported by Chinese technology giant Huawei and includes brands such as belonging, Chery and Maxtro 47,752 delivery records in July. The majority of united home sales were connected to the Wenjie series of Betin, which offers 40,753 cars.

LapmotorIt is supported by European auto giant Stellantis, 50,129 pieces were delivered in July. This is the highest monthly sales to date and continues to orbit a stable growth.

In contrast, deliveries Zekr It was flat in July. Geely’s company sent 16.977 VehiclesIt reflects its performance in almost June.