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@ South China Morning Post - by layer3.news
2025-03-06 14:33:33
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✍️ Tesla's sales in China plunged over 50% in February, as Chinese rivals continued to gain market share with new models and discounts.
👉 Tesla's sales in China declined 51.5% from January and 49.2% from the same period last year
👉 Chinese rivals, such as Xpeng and BYD, offered new models and discounts to attract local consumers
👉 Xpeng delivered 30,453 EVs in February, up 0.3% from January and 570% from a year earlier
👉 BYD sold 322,846 units in February, up 7.4% from the previous month and 164% from a year earlier
👉 Xiaomi's SU7 has been gaining traction since its launch last March, posing a threat to Tesla's Model 3
#EricHan #China #Shanghai #Guangzhou #technology
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