BEIJINGSHANGHAI, July 4 Reuters U.S. automaker Tesla and its chief Chinese rival BYD achieved record deliveries of their Chinamade vehicles in the secondquarter, China Passenger Car Association CPCA data showed, as a fight for market share heats up.
Tesla sold 93,680 Chinamade electric vehicles EVs in June, up 18.72 from a year earlier, when Tesla39;s factory in Shanghai delivered 78,906 Chinamade Model 3 and Model Y vehicles after the city ended a twomonth COVID19 lockdown.
The U.S. automaker sold 247,217 Chinamade cars over AprilJune, the most since it started delivering vehicles from Shanghai in early 2020, the data also showed. Tesla reported record deliveries of 466,140 globally for the second quarter.
Chinese rival BYD, with its Dynasty and Ocean series of EVs and petrolelectric hybrid vehicles, saw June sales surge 88.16 yearonyear to 251,685 vehicles, according to CPCA data.
This was also the first time BYD39;s monthly sales surpassed 250,000 units and meant that between April to June, BYD delivered 700,244 vehicles, the data showed.
CPCA estimated total sales of new energy passenger vehicles both at home and for export, and including pure electric and plugin hybrids at 740,000 units in June, up 30 from a year earlier. It did not separate domestic sales and exports.
The companies39; sales surge point to how they are so far managing to stay ahead of their competition even as overall auto sales slow in China amid a softening economy.
Tesla slashed prices…