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China car sales return to growth in Aug, Tesla nearly doubles EV share

2023-09-08 17:27
BEIJING/SHANGHAI China's passenger vehicle sales returned to growth in August from a year earlier, as further price cuts
China car sales return to growth in Aug, Tesla nearly doubles EV share

BEIJING/SHANGHAI China's passenger vehicle sales jumped 2.2% in August from a year earlier, data from the China Passenger Car Association (CPCA) showed on Friday.

Car sales totalled 1.94 million units last month. Sales were up 1.8% at 13.38 million units in the first eight months of the year.

Tesla exported 19,465 China-made vehicles in August, according to CPCA figures.

(Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh; Editing by Edmund Klamann)