Tesla’s June China-made EV sales down 24.2% y/y

BEIJING (Reuters) – Tesla’s June sales of China-made electric vehicles fell 24.2% from a year earlier to 71,007, data from the China Passenger Car Association (CPCA) showed on Tuesday.

Deliveries of the U.S. automaker’s China-made Model 3 and Model Y vehicles fell 2.2% from May levels.

Chinese rival BYD, with its Dynasty and Ocean lineups of EVs and plug-in hybrids, sold 340,211 passenger vehicles in June, up 35.2% year on year.

(Reporting by Qiaoyi Li and Miyoung Kim; editing by Sherry Jacob-Phillips and Jason Neely)

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