Summary: Is Xiaomi Set to Dethrone Tesla in China?

Main Points:

– The top-selling full electric car in China for the first 11 months of 2024 was the Tesla Model Y.
– The Tesla Model 3 was the 8th best-selling pure electric car in China during that period.
– BYD led in sales of plug-in vehicles and pure electric vehicles in China.

Author’s Take:

In the competitive landscape of electric vehicles in China, Tesla seems to continue its dominance with the Model Y leading the sales. However, with BYD holding a strong position in the market, it remains to be seen if Xiaomi can truly challenge Tesla’s reign in the near future.

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