#ProjectCrypto By July, BYD had sold 2.49 million cars, however, the tightening of regulatory control over the automotive industry and the fight against deep discounts that sparked a price war create additional challenges for the company.

Some competitors are showing stable demand. For example, Geely sold 237,717 cars in July - the highest since November. The Stellantis group, together with Leapmotor, reported a record 50,129 deliveries, while Xpeng reported 36,717, also setting a new record. Meanwhile, Li Auto sold 30,731 cars, which is 40% lower than the result from a year ago.