Tesla's China-made EV sales in August up 3% on-year

Deliveries of its China-made Model 3 and Model Y vehicles rose 17 per cent from July.

Sales of US automaker Tesla's China-made electric vehicles grew 3 per cent in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday (Sep 2).

Deliveries of its China-made Model 3 and Model Y vehicles rose 17 per cent from July.

Chinese rival BYD, with its Dynasty and Ocean series of EVs and plug-in hybrids, posted a 35.3 per cent year-on-year jump in passenger vehicle sales in August to a fresh monthly high of 370,854 units.

Other local EV competitors including Leapmotor and Li Auto also reported higher sales.

Tesla's rising China numbers, including domestic sales and exports to Europe and elsewhere, came amid extended incentives for local buyers as well as breakthroughs in winning over government backing.

An uptrend in Tesla's China sales seems to be underway in the third-quarter even though its local sales force has undergone downsizing as part of the US EV giant's global layoffs.