Sales of Tesla’s China-made EVs fall 6% in April as rival BYD’s jump

Sales of Tesla’s China-made EVs fall 6% in April as rival BYD’s jump

BEIJING (Reuters) -Tesla (TSLA) sold 58,459 China-made electric vehicles in April, down 6% from last year, data from the China Passenger Car Association showed on Wednesday.

Deliveries of locally made Model 3 and Model Y vehicles slid 25.8% from the previous month.

Tesla’s Chinese rival BYD (BYDDY, 1211.HK), with its Ocean and Dynasty lineup of EVs and plug-in hybrids, last month saw a 19.4% year-on-year jump in passenger vehicle sales to 372,615 vehicles.

(Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; Editing by Andrew Heavens)

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