Tesla Sold A Record 56,000 China-Made Electric Vehicles During September

U.S. electric vehicle maker Tesla (NASDAQ:TSLA) sold 56,006 China-made vehicles in September, the highest since it started production at its Shanghai manufacturing plant two years ago.

Data from the China Passenger Car Association showed the September sales included 3,853 that were exported. Tesla, which is making Model 3 sedans and Model Y sport utility vehicles (SUVs) in Shanghai, sold 44,264 China made vehicles in August, including 31,379 that were exported.

Chinese electric vehicle makers Nio (NYSE:NIO) and Xpeng (NYSE;XPEV) delivered over 10,000 vehicles each last month. Volkswagen said it sold 10,126 electric vehicles in China in September.

Passenger car sales in China during September totaled 1.6 million, down 17% from a year earlier.

Tech Insider