Tesla sold 33,155 China-made vehicles in June -CPCA
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
BEIJING - U.S. electric vehicle maker Tesla Inc sold 33,155 China-made vehicles, including those for export, in June, China Passenger Car Association (CPCA) said on Thursday.
Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 28,138 China-made cars in China and exported 5,017 cars in June.
In May, Tesla sold 33,463 China-made cars.
On Thursday, Tesla launched Model Y cars with a standard driving range in China, lowering the starting price for the vehicle to 276,000 yuan ($42,588) in the world's biggest auto market.
BYD sold 40,532 so-called new energy vehicles, which include battery electric and plug-in hybrid vehicles, last month in China. General Motors Co's venture with SAIC Motor sold 30,479 such cars.
CPCA also said China sold 1.6 million passenger cars in June, down 5.3% from a year earlier.
($1 = 6.4806 Chinese yuan renminbi)
(Reporting by Yilei Sun and Tony Munroe; Editing by Mark Potter)
