In April, Tesla, Inc. (TSLA.US) 's EV wholesales volume amounted to 62,167 in China, down 18% YoY, according to data released by the China Passenger Car Association (CPCA). BYD COMPANY (01211.HK) -4.400 (-1.935%) Short selling $225.67M; Ratio 24.844% (002594.SZ) -3.650 (-1.588%) reported sales volume of over 312,000 units, up 48.97%/ 3.5% YoY/ MoM.
Based on the sales data for March, it is expected that China's sales volume for new energy passenger car will remain at around 800,000 units in April.
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