- August 3, 2023
- Posted by: AliensFaith
- Category: OBJECTIVE PRESS
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China’s BYD extended its lead over Tesla in China-made electric vehicles sales in July, industry data showed, as customers snapped up its lower-priced EVs and its U.S. rival idled some production to prepare for a revamped Model 3 launch. Sales of Tesla’s China-made vehicles fell 31% in July from June, data from China Passenger Car Association (CPCA) showed on Thursday, marking its first month-on-month decline since December, when it struggled with rising inventories. Tesla sold 64,285 China-made EVs in July, up 128% from 28,217 a year earlier when a scheduled upgrade to its Shanghai factory curbed production.