Tesla's China car registrations plunge 64% m-o-m in April
[BEIJING] US electric vehicle maker Tesla Inc's China car registrations slumped 64 per cent in April, month on month, data from auto consultancy LMC Automotive showed.
Tesla's China registrations, including imported cars, fell to 4,633 units from 12,709 units in March. Tesla's sales in the first month of each quarter are usually lower than the remaining two months.
Data from China Passenger Car Association shows sales of Tesla's Shanghai-made Model 3 sedan hit 3,635 units last month.
Tesla did not immediately respond to a request for comment.
REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
Toyota hits record annual output, sales on robust demand
Nissan, Mazda roll out new models for China as they aim for comeback
VinFast chief plans to invest US$1 billion more from his fortune in EV maker
XPeng CEO says its software, AI upgrades to enter ‘super fast cycle’
Swedish manufacturer is latest to offer electric pleasure craft in Singapore
Mercedes says it will continue to invest in China tie-ups