Economic Indicators
Tesla’s China-made EV sales grow 19.2% y/y in Sept
2024.10.09 07:35
BEIJING (Reuters) – Sales of U.S. automaker Tesla (NASDAQ:)’s China-made electric vehicles rose 19.2% in September from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles were up 1.9% from the previous month.
The company has already announced quarterly global deliveries but had not detailed sales in China. Chinese rival BYD (SZ:), with its Dynasty and Ocean lineups of EVs and plug-in hybrids, recorded its best month with a 45.56% year-on-year increase in passenger vehicle sales to 417,603 units in September.
The 33,012 BYD cars, or 7.9% of the total sales, were sold in overseas market, BYD’s filing showed.
