Tesla began delivering a revamped version of the best-selling Model Y in late February in China and last month in the U.S. and Europe, helping revive demand as potential customers had been waiting for the update.
The U.S. EV specialist handed over 172,754 China-made cars including China shipments and exports to markets including Europe in the first quarter, 21.8% lower on year and the lowest in more than two years, amid rising competition in especially China.
BYD is set to unseat Tesla as the top global EV seller for the first time this year with a 15.7% market share, ahead of Tesla's 15.3%, according to Counterpoint Research…Read More
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