In the first quarter, China imported 8,870 vehicles from the US, a 66 percent year-on-year decline.
For details, please visit CnEVPost.
Category: Quarterly Data
Tesla reported first-quarter global deliveries of 336,681 units, missing Wall Street analysts' expectations of 390,343 units and down 13 percent from a year earlier.
For details, please visit CnEVPost.
Tesla sold about 196,900 vehicles in China in the fourth quarter, contributing 40 percent of global deliveries.
For details, please visit CnEVPost.
For the full year 2024, Tesla delivered 1,789,226 vehicles globally, a decrease of 1.07 percent from 2023 and the first decline in more than a decade.
For details, please visit CnEVPost.
Tesla delivered 443,956 vehicles in the second quarter, above Wall Street analysts' estimates of 439,302.
For details and more articles, please visit CnEVPost.
In the first quarter, Tesla delivered 386,810 vehicles while BYD delivered 300,114 BEVs.
The post Tesla regains global BEV crown over BYD in Q1 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla's 484,507 global deliveries.
The post BYD beats Tesla in quarterly BEV sales for 1st time ever appeared first on CnEVPost.
For more articles, please visit CnEVPost.
BYD has caught up with Tesla's 17 percent share of the global BEV market in the third quarter and is expected to overtake Tesla as the global leader in the fourth quarter, Counterpoint Research said.
The post BYD catches up with Tesla in global BEV market share in Q3 appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Tesla delivered 435,059 vehicles globally in the third quarter, down 6.67 percent from the second quarter. The decline was due to planned downtimes for factory upgrades, Tesla said.
The post Tesla Q3 global deliveries miss estimates, maintains 2023 volume target of 1.8 million vehicles appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Tesla Model 3 and Model Y delivered 446,915 units worldwide in the second quarter, beating market expectations of 437,400 and contributing 96 percent of deliveries.
Tesla (NASDAQ: TSLA) saw another record quarter of deliveries.
The US electric vehicle (EV) giant delivered 466,140 vehicles worldwide in the second quarter, up 83.02 percent year-on-year and up 10.23 percent from 422,875 in the first quarter, according to its overnight announcement.
It was also a new record for Tesla's EV deliveries and higher than the 448,400 units Wall Street analysts had expected.
Tesla's cheaper Model 3 and Model Y delivered 446,915 units worldwide in the second quarter, above market expectations of 437,400 units, contributing 96 percent of deliveries. A total of 19,255 Model S and Model X units were delivered, above expectations of 14,600 units.
Tesla produced 479,700 vehicles in the second quarter, including 460,211 Model 3 and Model Y, and 19,489 Model S with Model X.
Tesla's production and delivery gap was 13,560 units in the second quarter, down from 18,000 units in the previous quarter.
Tesla cut prices globally earlier this year, and its starting price for the Model 3 sedan came to an all-time low after it cut prices in China on January 6.
In early May, the company raised the prices of all Model 3s and Model Ys in China, all by 2,000 yuan ($275), an increase of less than 1 percent. The move was thought to be more aimed at dampening consumers' wait-and-see sentiment at the time.
In China, Tesla has a factory in Shanghai that produces the Model 3 and Model Y. It's the largest Tesla factory in the world, with an annual capacity of about 1.1 million units a year.
Tesla does not officially announce its deliveries in China, though the China Passenger Car Association (CPCA) publishes those numbers every month.
Tesla's retail sales in China in April and May were 39,956 and 42,508, respectively, and its Shanghai plant exported 35,886 and 35,187 units in the two months, according to the CPCA.
The company's June sales figures in China are expected to be available in a few days.
BYD (OTCMKTS: BYDDY), one of Tesla's main competitors in China, delivered 703,561 new energy vehicles (NEVs) in the second quarter, including 700,244 passenger cars and 3,317 commercial vehicles, according to data released yesterday.
BYD's passenger vehicle sales in the second quarter included 352,163 battery electric vehicles (BEVs) similar to Tesla vehicles and 348,081 plug-in hybrid vehicles (PHEVs).
($1 = RMB 7.2523)
BYD sells record 253,046 NEVs in Jun, sales in H1 exceed 1.25 million
The post Tesla delivers record 466,140 vehicles globally in Q2 appeared first on CnEVPost.
For more articles, please visit CnEVPost.