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Tesla's China sales hit record high in March: industry association

Published 04/09/2020, 05:41 AM
Updated 04/09/2020, 05:45 AM
© Reuters. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai

BEIJING (Reuters) - Tesla (NASDAQ:TSLA) Inc sold 10,160 vehicles in China in March, its highest ever monthly sales in the world's largest auto market, the China Passenger Car Association (CPCA) said on Thursday.

Tesla, which aims to produce 150,000 Model 3 sedans from its $2 billion Shanghai factory, sold around 30% of the battery electric vehicles sold in China, Cui Dongshu, CPCA secretary general, said on an online briefing.

Tesla sold around 3,900 units in February, up from 2,620 vehicles in January, CPCA data showed. CPCA uses a different counting method than Tesla's deliveries.

© Reuters. FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai

Overall passenger car sales in March were down 40.8% from a year earlier.

Latest comments

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