From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller second-quarter losses as discounts lured more buyers to battery-driven cars.

BYD's sales rebounded in August, while Nio, Leapmotor, and Xpeng achieved new delivery records.

From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller second-quarter losses as discounts lured more buyers to battery-driven cars.