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Tesla rival BYD (BYDDF), the world's largest electric vehicle maker, reported July sales rose 21.8% vs. a year earlier, gaining momentum thanks to strong overseas demand and improved production of its flash charging Blade 2.0 batteries.
Other China EV makers reported July deliveries as well, including Nio (NIO), XPeng (XPEV), Li Auto (LI), Xiaomi (XIACY) and Leapmotor.
Tesla (TSLA) does not release monthly China sales but industry data will provide those figures in the coming days. That comes after a report the Tesla is mulling selling its China unit to pave the way for a ******* eX merger. Elon Musk denied that as "fake news."
BYD (BYDDF) sold 419,211 electric vehicles, up 21.8% vs. a year earlier. It was the third straight month of year-on-year-growth, picking up from June's 5.5%. July sales rose 3.9% vs. June and were the highest since last December.
The automaker sells fully battery electric vehicles (BEVs) and plug-in hybrids (PHEVs). It's regained the BEV crown from Tesla in Q2

#july #reported #earlier
3 months ago

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