////

Tesla Edges BYD in China Sales Surge as EV Rivals Hit Roadblocks

1 min read
perodua, Tesla Model 3, Tesla ran away, electric vehicle, UK ev charger, instant rebate, Tesla
A Tesla car cost more to save the world - Photo: Provided

Tesla notched a rare victory in China, with China-made EV sales climbing 9.9% year-over-year to 86,700 units in November, per China Passenger Car Association data. This marks the U.S. automaker’s steepest annual gain in 14 months and second-best month of 2025, fueled by new long-range Model Y variants and end-of-year promotions to snag purchase tax incentives.

Tesla Edges BYD in China

In contrast, arch-rival BYD reported 480,186 new energy vehicle sales—its highest this year but down 5.3% from November 2024, extending three months of declines amid a government crackdown on aggressive discounting and fierce domestic competition. BYD’s exports soared 326% to a record 131,935 units, outpacing Tesla in Europe by over 2:1.

Despite the rebound, Tesla’s year-to-date China sales lag 8.3% behind 2024, while BYD eyes its annual target of 4.6 million units. Analysts see intensified price wars and model launches shaping 2026’s EV landscape.

Read the original article on Business Insider

Follow us on:

Read More News at #latestmalaysia #BusinessNews and #WorldFuture

perodua, Tesla Model 3, Tesla ran away, electric vehicle, UK ev charger, instant rebate, Tesla
A Tesla car cost more to save the world – Photo: Provided

Leave a Reply

Previous Story

Malaysian Bar demands independent probe into Melaka triple police shooting

Next Story

Malaysia Needs RM225.9 Million to Repair Monsoon-Hit Federal Roads

Latest from Blog

Social Media Auto Publish Powered By : XYZScripts.com
0 $0.00

Discover more from Latest Malaysia

Subscribe now to keep reading and get access to the full archive.

Continue reading

Verified by MonsterInsights