Source: Tech – South China Morning PostChinese makers of inexpensive electric vehicles (EVs) maintained their growth momentum in August, as budget-cautious drivers – spooked by lingering deflation – shunned premium models.
Leapmotor, Xpeng and Galaxy reported sizzling sales, driven by their cheaper models featuring self-driving and in-car entertainment systems similar to Tesla’s vehicles.
Leapmotor, backed by Fiat owner Stellantis, broke its sales record for a fourth consecutive month by delivering 57,066 units, a 13.8 per cent…Read More