Tesla sales of China-made electric vehicles up 18% in January

A Tesla logo is seen at a groundbreaking ceremony of Tesla Shanghai Gigafactory in Shanghai

BEIJING (Reuters) – Tesla Inc sold 66,051 China-made electric vehicles in January, data published by the China Passenger Car Association showed on Friday.

That was up 18% from December, when the U.S. electric car maker sold 55,796 China-made vehicles, and 10% higher versus January last year.

Tesla’s Shanghai plant in December cut output by about a third from November, and extended a Lunar New Year holiday period for workers in January, to cope with rising inventory.

The company now plans to step up output at its Shanghai plant over the next two months to meet demand spurred by price cuts early last month on its best-selling models, Reuters reported on Wednesday, citing a planning memo and a person with knowledge of the plan.

Tesla was the second best-selling electric vehicle maker in China last month after BYD Co Ltd which shipped 150,164 cars, the CPCA said.

(Reporting by the Beijing and Hong Kong newsrooms and Brenda Goh; Editing by Jane Merriman)

Ad: Save every day with Amazon Deals: Check out today's daily deals on Amazon.

Related posts

Spirit Christmas expands New Jersey holiday pop-ups with new 2025 locations including Toms River

Flight attendant age discrimination suit moves forward in New Jersey court against United Airlines

Judge tosses inmate’s civil rights suit against Gov. Murphy over confinement claims