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Tesla's June Sales of China-Made EVs Jump 18.72% Y/Y -Industry Body

Reuters2023-07-04

BEIJING/SHANGHAI, July 4 (Reuters) - U.S. automaker Tesla sold 93,680 China-made electric vehicles (EVs) in June, up 18.72% from a year earlier, China Passenger Car Association (CPCA) data showed on Tuesday.

Sales rose 20.57% from May and were also sharply higher versus June last year when Tesla's factory in Shanghai delivered 78,906 China-made Model 3 and Model Y vehicles after the city ended a two-month long COVID-19 lockdown.

Chinese rival BYD , with its Dynasty and Ocean series of EVs and petrol-electric hybrid vehicles, saw June sales surge 88.16% year on year to 251,685 vehicles, CPCA data showed.

CPCA estimated total sales, both at home and exports, of new energy passenger vehicles including pure electric and plug-in hybrids at 740,000 units in June, up 30% from a year earlier.

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