Sales of Tesla's China-manufactured electric vehicles fell 49% year over year in February to 30,688 units, the lowest since August 2022, Reuters reported, citing the China Passenger Car Association.
The US electric vehicle maker sold 93,926 China-made vehicles in January and February, down 29% year over year, the report said, citing the CPCA.
The decline is attributable to the early timing of the Chinese New Year celebrations and the partial suspension of production of the Model Y due to upgrades, the report said.
On the other hand, BYD's (HKG:1211, SHE:002594) passenger vehicle sales surged 90% to 614,679 units, the report said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。