Automundo China

BYD Company (OTCPK:BYDDF) stock price dropped nearly 8% on the Hong Kong stock exchange on Monday after the EV giant reported a sharp 30% slide in Q2 profit.

In January-August, Tesla China sold 515,552 vehicles, including exports to overseas markets, a 12.24 percent year-on-year decrease.

BEIJING (Reuters) -Tesla's China-made electric vehicle sales dropped 4% in August from a year earlier, as the U.S. automaker refreshes its aging lineup in China's hyper-competitive market. On a month on month basis, however, deliveries of Model 3 and Model Y vehicles made at Tesla's Shanghai factory, including exports to Europe and other markets, totalled 83,192 units last month, up 22.6% from July, data from the China Passenger Car Association showed on Tuesday.

The EV Transition: How Mitsubishi's Retreat from China Exposes Systemic Risks for Legacy Automakers

A few weeks after the sales launch, Tesla has delivered the first Model Y L vehicles to customers in China. Additionally, the recently unveiled Model Y

BYD cut production for the second month in a row in August. The company produced 353,090 electric cars and plug-in hybrid vehicles, around 3.8 per cent less

BYD, China's largest new energy vehicle (NEV) maker, reported its August 2025 delivery results. The company sold 373,626 NEVs, an increase of less than 1% compared to the same time last year.

BYD’s prospects of meeting its ambitious target of 5.5 million global sales in 2025 could be starting to dwindle. By Stewart Burnett

Chinese customers who currently order the Model Y L are expected to get their vehicles in October.

Onvo's registrations last week totaled 3,673 units, down 10.50 percent from the previous week's 4,104 units. Both Nio and Firefly brands saw growth.