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Tesla's China-made EV sales edge up 0.2% y/y in March

Published 04/02/2024, 04:40 AM
Updated 04/02/2024, 04:45 AM
© Reuters. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China December 30, 2019. REUTERS/Yilei Sun/File Photo
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BEIJING (Reuters) - U.S. automaker Tesla (NASDAQ:TSLA) sold 89,064 China-made electric vehicles in March, a 0.2% increase from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday.

© Reuters. FILE PHOTO: A China-made Tesla Model 3 vehicle is seen at a delivery ceremony in the Shanghai Gigafactory of the U.S. electric car maker in Shanghai, China December 30, 2019. REUTERS/Yilei Sun/File Photo

Deliveries of China-made Model 3 and Model Y vehicles were up 47.5% from February.

Chinese rival BYD (SZ:002594), with its Dynasty and Ocean series of EVs and plug-in hybrids, sold 302,459 vehicles last month, a 46% increase from a year earlier and its second-highest monthly sales tally after December.

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