Another headache for Tesla Model Y in China. This time, quite serious.
The post Xiaomi YU7 detailed comparison with Model Y: Tesla China sales will get under more pressure in H2 appeared first on CarNewsChina.com.
Category: Tesla
The Xiaomi YU7 SUV will be launched in July, and surpasses the Tesla Model Y in multiple fronts.
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BYD registered 7,231 BEVs in Europe in April, ahead of Tesla's 7,165.
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BYD ranked No. 1 in the global BEV market in the first quarter with a 15.4 percent share, while Tesla was No. 2 with 12.6 percent.
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Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw insurance registrations of 6,650 vehicles in China last week, up 9.74 percent from the previous week.
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Tesla plans to start shipping parts from China to the US for the production of Cybercab and Semi trucks from the end of this month, Reuters reported.
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Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 6,060 insurance registrations in China last week, up 18.82 percent from the previous week.
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Tesla sales in China are down compared to last year.
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Tesla's ranking in China's NEV market fell to No. 8 in April from No. 3 in March, as its local deliveries slipped.
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In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year.
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