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Tesla's China-made EV sales in July down 31% mth/mth

2023-08-03 16:46
BEIJING U.S. automaker Tesla sold 64,285 China-made electric vehicles (EVs) in July, down 31% from a month earlier,
Tesla's China-made EV sales in July down 31% mth/mth

BEIJING U.S. automaker Tesla sold 64,285 China-made electric vehicles (EVs) in July, down 31% from a month earlier, data from the China Passenger Car Association (CPCA) showed on Thursday.

Sales of China-made Model 3 and Model Y cars were up 128% from 28,217 a year earlier when a scheduled upgrade to Tesla's Shanghai factory lowered production.

Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid vehicles, posted a 61% year-on-year rise in July sales to 261,105 passenger vehicles, including 18,169 exported.

(Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; editing by Christopher Cushing and Jason Neely)