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Tesla’s China-made EV sales dip 11.5% year-on-year in March

Published 02/04/2025, 11:22
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Investing.com -- Tesla (NASDAQ:TSLA), the U.S. automaker, experienced an 11.5% decrease in sales of its China-made electric vehicles (EVs) in March, compared to the same month last year.

This data was released by the China Passenger Car Association (CPCA) on Wednesday. A total of 78,828 vehicles were sold in March.

Despite the year-on-year drop, Tesla saw a significant increase in deliveries from the previous month. The company’s China-made Model 3 and Model Y vehicles witnessed a 156.9% increase in deliveries in comparison to the previous month.

Meanwhile, Chinese automaker BYD (SZ:002594) reported a rise in its passenger vehicle sales. The company’s Ocean and Dynasty EV and plug-in hybrid lineup saw a 23.1% year-on-year increase in sales. BYD sold a total of 371,419 units in the last month.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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