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Tesla: Sales in China drop sharply as buyers turn to BYD, Xiaomi and Xpeng

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Η Tesla continues to lose market share in mainland China in February, with its sales decline more than 50%


Η TESLA delivered in total 30.688 electric vehicles of Model 3 and Model Y in Shanghai last month, recording a decrease of 51,5% compared to January and 49,2% compared to the previous year, according to data from China Passenger Automobile Association (CPCA) published today. The number of sales recorded by TESLA was also the lowest since a total of 28.217 vehicles were delivered in July 2022.

Nationwide, about 720.000 electric vehicles were delivered in February 2025, down 3% from January 2025, according to the CPCA.

Chinese competitors are putting a lot of pressure on Tesla with their new models. Domestic electric car makers have also offered deep discounts to boost the appeal of their vehicles to local consumers., he said Eric Han, senior director of I am tired., a consulting firm in Shanghai.

Η Xpeng with its registered office Guangzhou delivered in total 30.453 electric vehicles last month, an increase of 0,3% from January and 570% from the previous year.

Η BYD, which is currently the largest electric vehicle manufacturer in the world, sold a total of 322.846 units in February, an increase of 7,4% from the previous month and 164% from the previous year.

While also the SU7 by Xiaomi, is now a threat to the Model 3 by Tesla, impressing customers with its style, performance and technology.

Last December, Xiaomi sold 25.815 SU7 compared to 21.046 units for the Model 3, according to the CPCA.


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