“According to preliminary data from China’s Passenger Car Association, the firm’s Shanghai plant shipped 86,700 vehicles in November, a 10% year-over-year increase, Bloomberg reported.
The month of November recorded the second-highest sales this year, trailing only September sales, when the company delivered 90,812 vehicles from its Shanghai plant.
On the other hand, Chinese EV maker and Tesla’s biggest rival BYD (OTCPK:BYDDF)(OTCPK:BYDDY) reported a third straight monthly decline in sales. BYD sold 480,186 new energy vehicles (NEV) in November, a 5.2% decline year-over-year from 506,804 NEVs sold in November 2024.”
