Elon Musk-owned electric vehicle company Tesla has sold a record 70,847 China-made vehicles in December, says a new report.
According to the auto-tech website Electrek, the China Passenger Car Association (CPCA) released its numbers this week and showed that Tesla sold 70,847 China-made vehicles in December -- a new record.
The vast majority were sold in China and only 245 units were exported to other markets.
Gigafactory Shanghai has become Tesla's exportation hub and early in the quarter -- in this case, October and November -- the automaker produced vehicles for international markets, especially Europe and Asia and focused on producing vehicles for the Chinese market later in the quarter.
These new 70,847 units add up to a total of 473,078 vehicles coming from China or sold in China for Tesla in 2021, the report said.
As per the report, that is roughly half of the 936,000 electric vehicles delivered by Tesla last year.
About 160,000 of those 473,000 vehicles were exported to markets outside of China.
--IANS
vc/dpb
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)