By Jiahui HuangTesla's sales in China rose in May, as the country's demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show. The CPCA estimates total sales of electric passenger cars in China last month rose 35% from a year earlier to about 910,000 units, rising 16% from April. Its rival BYD sold 330,488 units in May, marking the third straight month of more than 300,000 in vehicles sales. Geely Auto and Changan Automobile ranked third and fourth, with 58,673 vehicles and 55,800 vehicles sold in China, respectively. Li Auto sold 35,020 units in May, while Huawei-backed Seres sold 32,377 units.

Source: Wall Street Journal June 04, 2024 09:40 UTC