Hi jk_sui,
There are a few approaches to rebalance.
1- Reactive Rebalance - Happens when a device reaches 80% (default) of capacity, vSAN will try to rebalance the load more evenly across the cluster.
2- Proactive Rebalance - Already in place prior to 6.7U3, vSAN detects variance between devices and alerts you on it. It will be your responsibility to rebalance it manually.
3- Automatic Rebalance - New in 6.7U3 - Detects the variance, alerts, and auto remediates itself. Desired state is to keep alert green and data rebalanced as much as possible. There is quite a bit more behind the scenes...
There are quite a few improvements in 6.7 U3 when it comes to rebalancing, rebuilding, prioritization, etc. See tech review for more info.
vSAN_6.7_U3_Technical_Overview