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Tesla’s China-Made Monthly EV Sales Drop 11,000

The US electric vehicle outfit, now making cars in Shanghai, sold 59,800 China-made autos in January, down from 70,800 in December


Tesla China car sales
The Tesla logo is seen on a car in Los Angeles, California, USA. Photo: Reuters

 

US electric vehicle giant Tesla Inc sold 59,845 China-made vehicles in January, the China Passenger Car Association (CPCA) said on Monday.

Though Tesla, which is now making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 70,847 China-made vehicles in December – its highest monthly rate since it started manufacturing in the city just over two years ago.

Tesla started delivery vehicles from its Shanghai factory at the end of 2019 and has been ramping up production amid surging sales. The country has also become an export hub for Teslas headed to Europe and other markets.

 

Also on AF: Global Chip Sales Top 1 Trillion In 2021 And Set To Go Higher

 

The figures come just days after the American firm confirmed plans to place its China design centre in Beijing.

Meanwhile, Chinese EV makers Nio Inc delivered 9,652 cars in January, increasing by 33.6% year on year, and Xpeng Inc delivered 12,922 vehicles. 

The CPCA said passenger car sales in January in China totalled 2.11 million, down 4.5% from a year earlier.

 

  • Reuters with additional editing by Sean O’Meara

 

Read more:

Tesla Gets Green Light for China Design Centre in Beijing

Tesla Forecasts 50% Growth in Vehicle Deliveries in 2022

 

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.

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