Chinese electric vehicle (EV) manufacturers NIO (NIO) and Li Auto (LI) are drawing attention as both companies reported a decline in their August delivery numbers. NIO delivered over 20,000 vehicles during the month, marking a decrease from their July figures. Meanwhile, Li Auto reported 48,000 deliveries, representing a 5% drop month-over-month.

Catalysts hosts Brad Smith and Madison Mills break down the details, discussing what it means for the broader Chinese EV market.

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This post was written by Angel Smith