August NEV wholesale sales estimated at 1.51 million units, up 16% YoY. New Li MEGA unveiled, Xiaomi autumn launch scheduled, BYD 4D mmWave radar chip in mass production, FAW solid-state battery breakthrough.
Market Performance: Strong NEV Recovery in August
In August 2026, China's NEV wholesale sales reached an estimated 1.51 million units, up 16% year-over-year:
| Brand | August Sales/Delivery | Key Highlight |
|---|---|---|
| BYD | 430,000+ units | Overseas sales hit record high |
| Leapmotor | 103,100 units | Second consecutive month above 100K |
| NIO | 35,000+ units | Q2 revenue up 69.1%, 3rd consecutive profitable quarter |
| Li Auto | 37,000+ units | Cumulative deliveries surpass 1.8 million |
| SERES | Down over 40% YoY | Shifted from profit to loss |
New Vehicle Launches
Next-Generation Li MEGA
On September 2, the next-generation Li MEGA was officially unveiled with:
- 800V active anti-roll bar technology
- New design language, positioned as family flagship MPV
- Significantly improved charging efficiency
Xiaomi Autumn Launch
Xiaomi Auto announced its autumn launch event on September 7, introducing three Pengcheng series EREV SUVs.
Technology Breakthroughs
BYD: 4D mmWave Radar Chip Mass Production
BYD announced mass production of next-generation 4D mmWave radar chips:
- Enhanced intelligent driving perception
- Cost-effective mass production solution
- City NOA and other advanced features expected to reach more models
FAW: Solid-State Battery Breakthrough
FAW achieved breakthrough in sulfide all-solid-state battery low-pressure operation:
- Solved high interface impedance challenge
- Maintained good performance under low-pressure conditions
- Laid foundation for solid-state battery commercialization
Industry Trend Assessment
- Intensifying Headwinds: Gap between top brands and others widening
- EREV Route Remains Hot: Li MEGA, Xiaomi Pengcheng series both choose EREV
- Intelligence Arms Race Escalating: 4D radar, solid-state batteries, end-to-end ADAS
- Going Global Enters Harvest Phase: BYD overseas sales ratio continues to rise
For more automotive industry data, visit EX1000.COM.
