Share
Copied
Electric vehicles charging in front of a shopping mall in Shenyang City, northeast China's Liaoning Province, May 20, 2022. /CFP
Tesla Inc. delivered 100,291 China-made electric vehicles (EVs) in November, its highest monthly sales figure since opening its Shanghai factory in 2020, Xinhua reported on Monday.
The number marks a 40 percent increase from October and 89.7 percent more than a year earlier after the U.S. automaker ramped up output at the Shanghai plant, cut prices for the best-selling models and offered incentives to Chinese buyers. The company said that the industrial chain localization rate of its Shanghai plant had exceeded 95 percent.
In comparison, its main competitor, China's BYD, topped all brands in November with 229,942 EV sales, including plug-in hybrids and pure electric vehicles, three times more than a year earlier and more than double Tesla's tally, China Passenger Car Association data shows.
BYD was the top-selling car brand in China in the first four weeks of November, data from China Merchants Bank International shows, outperforming Volkswagen in a reversal that highlights the pressure on legacy brands in the world's largest auto market.
Cui Dongshu, secretary-general of the China Passenger Car Association, estimated that sales of new energy vehicles in China could top 6.5 million this year thanks to improved infrastructure and better cars.
(With input from agencies)
Search Trends
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466
SITEMAP
Copyright © 2023 CGTN. 京ICP备16065310号
Disinformation report hotline: 010-85061466