Core Insights - In August, several new energy vehicle companies reported record delivery numbers, while some experienced a decline in deliveries compared to the previous month [1][5] - The progress towards annual targets varies significantly among companies, with Leap Motor and Xpeng being the most likely to meet their goals [1][5] - Xiaomi's delivery volume is estimated to be less than half of its annual target, raising concerns about its production capacity [1][5] Delivery Performance - Leap Motor achieved a record delivery of 57,066 units in August, marking a 13.84% increase from July, and has completed 56.7% of its annual target of 580,000 to 650,000 units [2][5] - Xpeng delivered 37,709 units in August, a 2.70% increase from July, and has completed 71.48% of its annual target of 380,000 units [2][5] - NIO delivered 31,305 units in August, surpassing Li Auto for the first time in 34 months, but has only completed 37.83% of its annual target of 440,000 units [2][3] - Li Auto's deliveries fell to 28,529 units in August, marking a decline for three consecutive months, with a completion rate of 37.60% of its 700,000 unit target [2][3] - Zeekr delivered 44,843 units in August, maintaining a similar performance to the previous month, with a completion rate of 47.03% of its annual target [2][5] Competitive Landscape - The competition between NIO and Li Auto is intensifying, particularly with the launch of new electric SUVs [3] - NIO's new model, the L90, contributed significantly to its August sales, while Li Auto's CEO expressed ambitions for the company to secure a strong position in the high-end electric SUV market [3] - Hongmeng Zhixing experienced a decline in deliveries, with 44,579 units delivered in August, down 6.64% from July [4][5] Other Companies - Lantu delivered 13,505 units in August, showing a year-on-year growth of 119%, with a completion rate of 39.85% of its annual target of 200,000 units [6] - Avita's August deliveries reached 10,565 units, with a completion rate of 39.86% of its annual target [6] - Deep Blue, a new energy vehicle brand under Changan, has not yet disclosed its delivery figures [7]