Tesla Market

In July, Tesla sold 64,285 China-made EVs, down 31% from the previous month, per the China Passenger Car Association (CPCA). However, sales of China-made Model 3 and Model Y cars increased by 128% compared to the same period last year, as production was impacted due to a factory upgrade. Meanwhile, Chinese automaker BYD saw a 61% year-on-year increase in July sales, reaching 261,105 passenger vehicles, including 18,169 exported. BYD's sales were boosted by its Dynasty and Ocean series of EVs and petrol-electric hybrid vehicles.