Tesla’s China-made EV sales skid 17.8% on year in November

A Tesla’s electric vehicle (EV) moves on a street in Beijing, China October 31, 2023. REUTERS/Tingshu Wang/File Photo

Sales of U.S. automaker Tesla (TSLA.O)‘s China-made electric vehicles skidded 17.8% in November from the same month a year earlier, to 82,432 cars, China Passenger Car Association (CPCA) data showed on Monday.

Deliveries of China-made Model 3 and Model Y cars rose 14.3% from October.

Chinese rival BYD (002594.SZ), with its Dynasty and Ocean series of EVs and petrol-electric hybrid models, saw passenger vehicle deliveries set another record at 301,378 vehicles, up 0.09% from October and up 31% from a year earlier.

Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; Editing by Christopher Cushing and Bernadette Baum

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