CnEVPost Newsletter: Tesla China sales; BYD's commercial vehicle push

Mar 8, 2023

Tesla delivers 33,923 vehicles in China in Feb, exports 40,479 from Shanghai plant

Tesla's share of the BEV market in China was 11.50 percent in February, down from 12.56 percent in January.

BYD enters UK passenger car market, starts selling Atto 3

The BYD Atto 3 will start at £36,490 ($43,230) in the UK and deliveries there will begin on March 15.

BYD reportedly planning big push for battery electric commercial vehicles

BYD has set a budget of more than $20 billion for its commercial vehicle division through 2025, with major spending planned for research, product development and capacity expansion, according to the Wall Street Journal.

Ford offers up to $5,740 discount on Mustang Mach-E in China

Ford is clearing out Mustang Mach-E inventory, and Chinese consumers have until April 30 to take advantage of the discount.

CATL takes over Chinese lithium miner to lock in more material supplies

CATL's RMB 6.4 billion restructuring proposal was approved unanimously by lithium miner Sinuowei's creditors, according to local media.

China Feb retail sales of passenger NEVs up 32.8% from Jan to 439,000 units, CPCA data show

In terms of retail sales, China's NEV penetration rate was 31.6 percent in February, up nearly 10 percentage points from a year ago and up from 25.7 percent in January.