Tesla's China-manufactured electric vehicles (EV) rose 19.2% in September year-on-year, according to a report by Reuters on Thursday quoting data from the China Passenger Car Association (CPCA).
With the September gain, Tesla saw 12% growth in China-manufactured EV sales in the third quarter of 2024, its first quarterly rise this year.
Locally, Malaysia has surpassed the milestone of over 100,000 registered EVs with more than 12,000 registered battery-powered EVs (BEV) since 2011, indicating the widespread acceptance and popularity of the greener vehicles.
During the first half of 2024, over 10,000 EVs were sold in Malaysia, supported by more than 2,200 public chargers available as of March 2024, according to local sources associated with Kenanga Research.
As reported, the US EV giant has been extending incentives to encourage consumers in the world's largest auto market where rivals including Xpeng and Nio were racing to launch new budget models.
It extended zero-interest financing in late September for some Model 3 and Model Y cars in China by another month to the end of October.
Tesla also plans to produce a six-seat variant of its best-selling, yet aging, Model Y in China from late 2025.
The EV maker, due to unveil its robotaxi on Oct 10, said it was on course to launch Full Self-Driving (FSD) advanced driver assistance software in China and Europe next year, pending approval from regulators.
Chinese rival BYD, with its Dynasty and Ocean lineups of EVs and plug-in hybrids, recorded its best month with a 45.56% year-on-year increase in passenger vehicle sales to 417,603 units in September, of which 7.9% were sold overseas.
