BEIJING/SHANGHAI : U.S. automaker Tesla and its chief Chinese rival BYD achieved record deliveries of their China-made vehicles in the second-quarter, China Passenger Car Association data showed, as a fight for market share heats up.
The U.S. automaker sold 247,217 China-made cars over April-June, the most since it started delivering vehicles from Shanghai in early 2020, the data also showed. Tesla reported record deliveries of 466,140 globally for the second quarter. CPCA estimated total sales of new energy passenger vehicles - both at home and for export, and including pure electric and plug-in hybrids - at 740,000 units in June, up 30 per cent from a year earlier. It did not separate domestic sales and exports.
Tesla slashed prices for its two ageing models at the beginning of the year to boost sales and started a price war, prompting competitors - including BYD - to offer discounts or new lower-priced models.
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