(Boursier.com) — You’re here , which corrected last night on Wall Street the day after its investor day, regained a little height before the stock market this Friday. The group sold just over 74,400 Chinese-made electric vehicles in February, representing a 32 percent year-on-year growth according to the China Passenger Car Association (CPCA). Compared to January, growth is almost 13%. But Elon Musk’s group is dealing with a strong party. Its competitor BYD, appreciated by Warren Buffett’s Berkshire Hathaway, is gaining momentum with its electric and hybrid vehicles. BYD sold 191,664 units in February according to the CPCA. Tesla’s market share in the Chinese segment of new energy vehicles (pure electric or plug-in hybrids) fell to 9% in February from 10% a year earlier, specifies China Merchants Bank International, while the BYD’s PDM climbed 27-37% over the same period.
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