XPEV - November Brought Record EV Sales And Deliveries | Benzinga
On Monday, China Passenger Car Association (CPCA) released November sales and delivery figures. While Tesla Inc (NASDAQ: TSLA) China-made EVs tanked as much as 17.8% YoY, its biggest rival BYD Company Limited (OTC: BYDDY) set another record in passenger vehicle deliveries. Another China rival, XPeng Inc (NYSE: XPEV) reported its sales rose as much as 245% in November. In the U.S., Ford Motor (NYSE: F) also posted its November figures on Monday, with its EV sales rising 43.2% YoY.
Tesla Reported Its China Sales Contracted In November, But It Remains On Track To Meet Its Annual Goal
Although made-in-China Model 3 and Model Y deliveries grew 14.3% from October, Tesla reported overall China sales tanked almost 18% YoY as it started delivering the revamped version of its Model 3. But Tesla is targeting a record fourth ...