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The Nexus
BUSINESSAug 3 · 09:10 UTCSCMP WORLDBrian Rhoads,Raymond Ma

Chinese EV sales falter at home as growth slows

Chinese electric-vehicle makers Xpeng, Nio, and Li Auto reported declining July deliveries compared to June, raising concerns about price wars. The central bank announced plans to promote economic stability and continue monetary easing amid slowed growth in the second quarter.

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XpengorganizationNioorganizationLi AutoorganizationBYDorganizationcentral bankorganizationelectric vehiclestopicmonetary easingtopic
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