Stock Groups

Tesla sold 54,391 China-made vehicles in October

[ad_1]

2/2
© Reuters. FILE PHOTO : The Tesla Shanghai Gigafactory is in Shanghai, China. This Tesla logo was taken January 7, 2019. REUTERS/Aly Song

2/2

BEIJING (Reuters) – U.S. manufacturer of electric vehicles Tesla (NASDAQ) Inc sold 54 391 Chinese-made vehicles last October, with 40 666 being exported, according to the China Passenger Car Association.

Tesla is producing Model 3 sedans in Shanghai and Model Y sports-utility cars in Shanghai. In September, 56,006 Chinese-made Tesla vehicles were sold, with 3,853 of these vehicles exported.

Chinese EV manufacturers Nio (NYSE.) Inc sold 3,667 vehicles last month, while Xpeng(NYSE.:) Inc delivered 10,138 vehicles. Volkswagen AG (OTC-:) stated that 12,000 ID were sold. series EVs were sold in China during October.

According to CPCA passenger car sales fell 14% from a previous year in China, reaching 1.74 Million in October.

Disclaimer Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, futures, indexes or Forex. The prices of Forex and CFDs are not supplied by exchanges. They are instead provided by market makers. Because prices might not reflect the market, they may be incorrect. This means that prices cannot be considered indicative and are inappropriate for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.



[ad_2]