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BYD's hybrid popularity catches up to Tesla in China
- Tesla is experiencing a decline in sales in China as BYD's hybrid vehicles gain popularity.
- Hybrid sales have contributed to the growth of plug-in sales in China.
- Tesla's Shanghai factory shipped 68,280 Model 3s and Model Ys in October, down 5.3% from the same month last year.
- BYD's newer lineup and focus on hybrids have given them an advantage over Tesla.
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