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The Unstoppable Rise of Leapmotor — August’s China EV Sales Report (45% BEV Share)
High gas prices and a never-ending wave of new BEVs has allowed August to reach 65% EV market share, a new record!
AI Summary
August’s EV market share hit a record 65 % in China, driven by high gasoline prices and a surge of new battery‑electric vehicles. The increase reflects not only strong EV sales but also a notable drop in internal‑combustion‑engine vehicle sales. This shift underscores the accelerating adoption of electric cars amid rising fuel costs.
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