Caixin
Oct 11, 2022 04:25 PM
BUSINESS

BYD, Tesla’s Record Sales Lead China EV Surge

Photo: VCG
Photo: VCG

(Bloomberg) — New-energy vehicle sales in China retained their strong momentum in September, led by record sales from local automaker BYD Co. Ltd. and U.S. electric-car giant Tesla Inc.

Total NEV sales, which include pure-electric cars and plug-in hybrids, rose 83% from a year earlier to 611,000 units, China Passenger Car Association data released Tuesday show. BYD sold just over 200,000 vehicles for the first time, while Tesla delivered a record 83,135 cars after upgrading production capacity at its Shanghai factory, including 5,522 for overseas markets.

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