Tesla reports highest-ever November EV sales

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Tesla reports highest-ever November EV sales

The Xinhua report said on Monday that Tesla Inc delivered 100,291 China-made electric vehiclesEVs in November, the highest monthly sales since its Shanghai factory opened in late 2020.

The number is 40% higher from October and 89.7% more than a year ago, as the U.S. automaker ramped up output at the Shanghai plant, cut prices for the best-selling models and offered incentives for Chinese buyers.

In November EV sales in China's November EV sales were 229,942 electric cars including plug-in hybrids and pure electric vehicles, three times more than a year earlier and more than double Tesla's tally, China Passenger Car Association data shows.

BYD was the top-selling car brand in China in the first four weeks of November, according to data from China Merchants Bank International, outperforming the Volkswagen brand in a reversal that highlights the pressure on legacy brands in the world's largest auto market.