US automaker Tesla sold 74,073 China-made electric vehicles (EVs) in September, a 10.9% decrease from a year earlier, according to data from the China Passenger Car Association (CPCA), as reported by Zhang Yan and Qiaoyi Li for Reuters.
Sales of China-made Model 3 and Model Y cars were down 12.0% from a month earlier. I Photo: Shanghai Let's Meet X
Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, saw passenger vehicle deliveries grow 42.8% to 286,903 last month, up from 200,973 in September last year, as reported by Roxanne Liu and Brenda Goh for Reuters.
Sales of China-made Model 3 and Model Y cars were down 12.0% from a month earlier.
Tesla, along with its Chinese challengers, is preparing for a revival in consumer sentiment, supported by deeper discounts and tax breaks for green vehicles amid signs of the economy stabilizing.
The company missed market estimates for third-quarter global deliveries on October 2 as planned upgrades at its factories to roll out a newer version of the Model 3 mass-market sedan forced production halts.
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