Tesla sold 78,000 China-made vehicles in June, up 142% vs May -CPCA estimates

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SHANGHAI :U.S. electric vehicle maker Tesla Inc sold around 78,000 China-made vehicles in June, preliminary estimates published by the China Passenger Car Association (CPCA) showed on Wednesday. This was up 142 per cent from May, when Tesla sold 32,165 China-made vehicles, and up 135 per cent from a year ago.

SHANGHAI :U.S. electric vehicle maker Tesla Inc sold around 78,000 China-made vehicles in June, preliminary estimates published by the China Passenger Car Association showed on Wednesday.

Tesla's factory in Shanghai, China's economic hub, was badly affected in the second quarter by a lockdown which forced the site to halt production for 22 days from late March. The difficulties in China were viewed as a key factor that led Tesla to report an 18 per cent drop in second-quarter deliveries from the previous quarter, ending a nearly two-year run of record quarterly deliveries.

The plant is undergoing an upgrade to boost its output, which requires it to suspend most production in the first two weeks of July, according to a separate internal memo seen by Reuters. The factory's goal is to eventually produce 22,000 cars per week, the memo said.

 

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