China's EV Market Hits Record 65% Share in August Amidst ICE Slump, Led by Leapmotor's Growth

China's electric vehicle market reached an unprecedented 65% share in August, driven by robust EV sales and a notable downturn in gasoline car purchases. This surge highlights the ongoing shift towards electrification in the world's largest auto market, with domestic brands like Leapmotor posting significant gains. The report also indicates that battery-electric vehicles (BEVs) alone accounted for 45% of the total market during this period.