Li Auto expects third-quarter vehicle deliveries to be in the range of 100,000 to 103,000 units, implying year-on-year growth of 277.0 percent to 288.3 percent.
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In the Chinese BEV market, Tesla's share was 7.46 percent in July, down from 16.53 percent in June, but up from 2.34 percent a year earlier.
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BYD's production will pass 5 million NEV units mark on August 9th, company revealed on its social media.
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The Fang Cheng Bao Leopard 5 was exposed ahead of the official debut. It has 544 hp and 1,200 km of mixed range (CLTC).
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Insurance registrations in China last week were 44,300 for BYD vehicles and 12,800 for Tesla.
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Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and Mercedes-Benz had entered into a partnership.
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The Lynk & Co 08 EM-P hit pre-sales in China with 1,400 km of range, 593 hp, and Flyme Auto OS from Meizu. Price starts at 30,400 USD.
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Horizon Robotics' former smart driving R&D director Liao Jie has joined BYD as head of the latter's smart driving team in Shanghai, according to local media.
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