China’s EV Market Share Hits 65% in August, Leapmotor Drives Surge

China’s electric‑vehicle market share climbed to a record 65% in August, according to the latest sales report. The jump follows a sustained wave of new battery‑electric models and sharply rising gasoline prices, which together have pushed consumers toward zero‑emission cars. The report highlights Leapmotor’s rapid expansion as a key factor in the surge, underscoring the company’s growing influence in the domestic market. While the record share was previously driven mainly by strong EV sales, this time the achievement also reflects a significant shift in internal‑combustion‑engine (ICE) sales, which have begun to decline more noticeably. The data suggest that China’s transition to electric mobility is accelerating faster than earlier forecasts, tightening the competitive gap between EV and ICE manufacturers.