You are here: Home » Companies » News
Business Standard

Elon Musk-led Tesla sells 70,847 China-made vehicles in Dec: Report

Elon Musk-owned electric vehicle company Tesla has sold a record 70,847 China-made vehicles in December, says a new report.

Topics
Tesla | Elon Musk Tesla | China

IANS  |  Beijing 

Tesla
Tesla Inc. signage outside a dealership at the Easton Town Center shopping mall in Columbus, Ohio, U.S., on Friday, Dec. 10, 2021. Photo: Luke Sharrett/Bloomberg

Elon Musk-owned electric vehicle company has sold a record 70,847 China-made vehicles in December, says a new report.

According to the auto-tech website Electrek, the Passenger Car Association (CPCA) released its numbers this week and showed that sold 70,847 China-made vehicles in December -- a new record.

The vast majority were sold in 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 or sold in China for 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.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, January 12 2022. 10:21 IST
RECOMMENDED FOR YOU
.