financetom
Business
financetom
/
Business
/
Tesla's June China-made EV sales down 24.2% y/y
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Tesla's June China-made EV sales down 24.2% y/y
Jul 2, 2024 2:26 AM

BEIJING (Reuters) - Tesla's June sales of China-made electric vehicles fell 24.2% from a year earlier to 71,007, data from the China Passenger Car Association (CPCA) showed on Tuesday.

Deliveries of the U.S. automaker's China-made Model 3 and Model Y vehicles fell 2.2% from May levels.

Chinese rival BYD, with its Dynasty and Ocean lineups of EVs and plug-in hybrids, sold 340,211 passenger vehicles in June, up 35.2% year on year.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Exclusive-Enel, KKR among potential bidders for UK's Cubico, sources say
Exclusive-Enel, KKR among potential bidders for UK's Cubico, sources say
Jan 27, 2025
LONDON/NEW YORK (Reuters) - Italy's Enel and private equity group KKR are among potential bidders for Britain-based Cubico Sustainable Investments, people with knowledge of the process said. Two of Canada's biggest pension funds - the Montreal-based Public Sector Pension (PSP) Investment Board and the Ontario Teachers' Pension Plan (OTPP) - have been considering a sale of the renewable energy firm,...
DeepSeek Limits Registrations Due to 'Malicious Attacks'
DeepSeek Limits Registrations Due to 'Malicious Attacks'
Jan 27, 2025
11:51 AM EST, 01/27/2025 (MT Newswires) -- Chinese artificial-intelligence startup DeepSeek said it is temporarily limiting registrations due to large-scale malicious attacks on its services. Existing users can continue to log in, the company said. Price: 119.87, Change: -22.75, Percent Change: -15.95 ...
Update: Newmont Sells Porcupine Asset in Ontario for US$425 Million; National Bank Says Price Below Expectations
Update: Newmont Sells Porcupine Asset in Ontario for US$425 Million; National Bank Says Price Below Expectations
Jan 27, 2025
11:49 AM EST, 01/27/2025 (MT Newswires) -- Newmont's ( NEM ) said Monday it agreed to sell its Porcupine operation in Ontario for up to US$425 million to Discovery Silver ( DSVSF ) . Consideration comprises US$200 million cash, US$75 million in Discovery shares and deferred cash consideration of US$150 million. Today's announcement represents a significant milestone for Newmont (...
ConnectM Technology Buys MHz Invensys
ConnectM Technology Buys MHz Invensys
Jan 27, 2025
11:53 AM EST, 01/27/2025 (MT Newswires) -- ConnectM Technology Solutions ( CNTM ) said Monday it acquired wireless communication product developer, MHz Invensys, in an all-stock deal in exchange for MHz's assets, consisting mainly of intellectual property. MHz founders Kiran Kumar and Mahesh Oni will stay on as ConnectM employees, the company said. ConnectM said it expects to generate an...
Copyright 2023-2026 - www.financetom.com All Rights Reserved