Xiaomi deliveries topped 30,000 for a second straight month. The Chinese handset maker turned EV player doesn't give specific delivery figures.

Deutsche Bank had forecast a record 34,000, up 12% vs. July and 159% vs. a year earlier.

Xiaomi has become the biggest Tesla rival in China, with strong demand for its stylish exteriors and infotainment features inside.

The SU7 sedan, released about a year ago, consistently outsells the Tesla Model 3. Production is still ramping up for newly released YU7 crossover, but deliveries are closing the gap with the Tesla Model Y. Xiaomi seems on track to outsell Tesla China local sales before year-end.

Both the SU7 and YU7 are BEVs, but Xiaomi is working on large SUV EREV for production next year.