The Chinese electric vehicle industry is exhibiting significant growth, driven by government support and growing consumer interest. Given China's ongoing efforts to stimulate the domestic economy, EV makers can anticipate a surge in demand,

That’s good for all EV makers, including Tesla. Li reported its delivery figures first, late Monday night in the U.S. It delivered 53,708 vehicles in September, up from 36,060 delivered in September 2023.

Nio, BYD, Xiaomi and Aito, co-developed by Huawei, had yet to release September deliveries as of Tuesday afternoon.

XPeng ($XPEV), and BYD ($BYDDY) rallied 11.5%, 5.5%, and 5%, respectively, on Tuesday after the Chinese electric vehicle