Sales of electric vehicles made by Tesla in China rose 3% y/y in August By Reuters

BEIJING (Reuters) – Sales of electric vehicles made in China by U.S. carmaker Tesla (NASDAQ: ) rose 3 percent in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Monday. Deliveries of Model 3 and Model Y vehicles made in China were up 17% from the previous month. Chinese rival BYD ( SZ: ), with its Dynasty and Ocean series of electric vehicles and plug-in hybrids, was on fire again in August, with passenger car sales up 35.3% year-on-year in August , to a new monthly high of 370,854 units.