Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 54,391 China-made vehicles in October, including 40,666 that were exported.
Chinese EV makers Nio (NYSE:NIO) Inc 10,878 cars last month, a monthly record high, and Xpeng (NYSE:XPEV) Inc delivered 15,613 vehicles. Volkswagen AG (OTC:VWAGY) said it sold over 14,000 ID. series EVs in China in November.
CPCA said passenger car sales in November in China totalled 1.85 million, down 12.5% from a year earlier.
Source: Economy - investing.com