You are here: Home » International » News » Companies
Business Standard

Tesla's China sales dive 98% as coronavirus lockdowns take a toll

Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March

Tesla | China | Automobile


Photo: Bloomberg
Photo: Bloomberg

Car sales saw a record decline last month in China, the world's largest market, as strict Covid-19 lockdowns take a severe economic toll.

And no auto maker suffered more than . The EV maker sold 1,512 vehicles in mainland last month, down 98 per cent from March, according to data from the Passenger Car Association.

Tesla's production in the country also slid 81 per cent to 10,757 vehicles in April, compared with 55,462 in March.

didn't export any Shanghai-made vehicles in April, compared with 60 exported in March.

(This story has not been edited by Business Standard staff and 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, May 11 2022. 23:49 IST