China

Tesla Sold 54,391 China-Made Vehicles In October

U.S. electric vehicle maker Tesla Inc (TSLA.O) sold 54,391 China-made vehicles in October, including 40,666 for export, the China Passenger Car Association (CPCA) said on Monday.

Tesla, which is making Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 56,006 China-made vehicles in September, including 3,853 that were exported.

Chinese EV makers Nio Inc (NIO.N) sold 3,667 cars last month and Xpeng Inc (9868.HK) delivered 10,138 vehicles. Volkswagen AG (VOWG_p.DE) said it sold over 12,000 ID. series EVs in China in October.

CPCA said passenger car sales in October in China totaled 1.74 million, down 14% from a year earlier