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Tesla sales in China soar in June, association says

US electric vehicle maker Tesla sold about 78,000 Chinese-made vehicles in June, preliminary estimates published by the China Passenger Car Association (CPCA) showed on Wednesday.

The figure represents a 142% increase from May, when Tesla sold 32,165 cars made in China. Over the same month last year, the increase was 135%.

Tesla’s factory in Shanghai, China’s economic hub, was badly affected in the second quarter by a lockdown that forced the facility to halt production for 22 days starting in late March.

The unit, which makes Model 3 and Model Y models, reopened on April 19 and resumed exports on May 11, struggling to get production back to pre-lockdown levels.

The troubles in China were seen as a factor that led to Tesla seeing a quarterly decline of 18% in second-quarter sales, ending a nearly two-year streak of record quarterly sales.

Last month, Reuters cited an internal Tesla memo that showed the company planned to assemble more than 71,000 vehicles at the Shanghai plant in June.

The CPCA estimates that 1.926 million cars were sold in China in June, a 22% year-on-year increase supported by incentive measures from local authorities.

Electric vehicles, in particular, had strong sales in the period in China. The association said sales for the category last month totaled 546,000 vehicles, up 130% from a year earlier, led by Chinese automaker BYD, which the CPCA estimated sold 134,000 vehicles during the month.

Source: CNN Brasil

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