Tesla’s China-made EV sales rise 3% y/y in Aug By Reuters

BEIJING (Reuters) – Gross sales of U.S. automaker Tesla (NASDAQ:)’s China-made electrical automobiles grew 3% in August from a yr earlier, information from the China Passenger Automobile Affiliation (CPCA) confirmed on Monday. Deliveries of China-made Mannequin 3 and Mannequin Y automobiles rose 17% from the earlier month. Chinese language rival BYD (SZ:), with its Dynasty and Ocean collection of EVs and plug-in hybrids, was once more on a roll in August, with passenger automobile gross sales up 35.3% year-on-year in August to a recent month-to-month excessive of 370,854 items.