(Boursier.com) — You’re here is losing ground before the market on Wall Street, while the Texan electric vehicle giant is said to have sold only 62,167 EVs manufactured in China in the month of April, which represents a decline of 18% year-on-year. At least that’s what data from the CPCA, China Passenger Car Association, revealed this Tuesday, shows. Deliveries of Model 3 and Y manufactured in China even plunged by more than 30% compared to the previous month. The figures are all the more worrying given that at the same time, Chinese competitor BYD sold more than 312,000 vehicles in April, representing strong growth of 49% year-on-year.
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