Asia: Tesla’s China-made sales hit record following Shanghai factory upgrade

By Krystal Hu and Anirudh Saligrama

Oct 9 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) sold 83,135 China-made vehicles in wholesale in September, smashing its record of monthly sales in China, according to a report released on Sunday by the China Passenger Car Association (CPCA).

The number marks an 8% increase from August and outpaced the more than the 5% month-over-month growth of all wholesale electric vehicle sales in China, according to CPCA data.

It set a new record for Tesla’s Shanghai factory since production began in December 2019, and topped the prior sales record of 78,906 in June, as the U.S. carmaker continues to invest in China production.

Read the full article on REUTERS.