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CnEVPost Newsletter: Tesla's China-made vehicle sales; BYD sales breakdown
This is another decline in Tesla's China-made vehicle sales after an 11.98 percent sequential drop in September.
With 63,965 units sold in October, the Song family continues to rank as the top-selling BYD model, up 1.79 percent from September.
BYD sold a record 30,521 NEVs overseas in October, up 220.3 percent year-on-year and up 8.85 percent from September.
The Qin family was the third best-selling BYD model in October with 42,767 units sold.
While demand for Li Auto's vehicles remains robust, investor concerns about competition have increased, particularly around Huawei-backed Aito, said Deutsche Bank analyst Edison Yu's team.
Chery said its new concept car achieves the world's lowest wind resistance of 0.168 Cd with the help of its bionic design with the inspiration of tuna fish.
China's October wholesale sales of passenger NEVs are expected to be 890,000 units, up 32 percent year-on-year and up 7 percent from September, the CPCA said.
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