By Maria Merano Posted on April 3, 2023 Tesla Giga Shanghai’s main competitor in China, BYD, sold 552,076 new energy vehicles (NEVs) in the first quarter of 2023. BYD’s NEV sales are up 92.81% year-over-year, but down 19.22% compared to Q4 2022. In January 2023, BYD sold approximately 151,341 NEVS. While in February, the Chinese …
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By Joey Klender Posted on May 6, 2020 Tesla’s demand for its Model 3 sedan in China is not slowing down. Reports out of China from the state-run Xinhua News Agency stated that Model 3 orders are exceeding 1,000 units per day following the country’s Labor Day holiday. The news of the steady orders of …
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By Joey Klender Posted on April 30, 2020 Tesla will decrease the price of its Made in China Model 3. The price reduction will allow the all-electric sedan to qualify for the country’s EV subsidies, which apply to cars under the price of 300,000 yuan. After the Chinese Finance Ministry announced last week that it …
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