Tesla's China-made EV sales fall 15% yoy in May

Tesla's China-made electric vehicle sales experienced a 15% decrease in May compared to the previous year, totaling 61,662 vehicles, according to CPCA data. However, deliveries of Model 3 and Model Y vehicles saw a 5.5% increase from April. Meanwh...

Reuters
FILE PHOTO: The logo of Tesla is seen outside a Tesla dealership in Drogenbos
U.S. automaker Tesla's China-made electric vehicle sales fell 15% in May from a year earlier to 61,662 vehicles, data from the China Passenger Car Association (CPCA) showed on Wednesday.

Deliveries of China-made Model 3 and Model Y vehicles were up 5.5% from the previous month.

Chinese rival BYD , with its Ocean and Dynasty EV and plug-in hybrid series, saw passenger vehicle sales rise 14.1% year-on-year to 376,930 units last month.


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