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BYD's Ascendancy Contributes to Tesla's Retreat in China's EV Market
2025-03-11 /
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Author：小编
Bloomberg reported on Sunday that despite being a synonym for the electric vehicle (EV) sector, Tesla may have reached its peak in China, the world's largest EV market. This decline is primarily attributed to the surge in popularity of BYD. According to the China Passenger Car Association, Tesla's sales in China have witnessed a year-on-year decline for five consecutive months, with February sales plummeting by 49% compared to the same period last year.
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