{"id":35473,"date":"2023-05-05T09:18:48","date_gmt":"2023-05-05T09:18:48","guid":{"rendered":"https:\/\/lynettelockhart.com\/client\/teslas-april-sales-of\/"},"modified":"2023-05-05T09:19:52","modified_gmt":"2023-05-05T09:19:52","slug":"teslas-april-sales-of","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/teslas-april-sales-of\/","title":{"rendered":"Tesla’s April sales of China-made EVs down 14.7% from March – CPCA"},"content":{"rendered":"

BEIJING\/SHANGHAI (Reuters) -Tesla Inc delivered 75,842 China-made electric vehicles (EVs) in April, down 14.7% from March, data from the China Passenger Car Association (CPCA) showed on Friday.<\/p>\n

The figure was however a huge jump from a year earlier, when the city of Shanghai – where Tesla has a factory – was in COVID-19 lockdown. In April last year, the company delivered only 1,512 China-made Model 3 and Model Y cars in the world’s largest auto market. <\/p>\n

Local rival BYD Co, with its Dynasty and Ocean series of EVs and hybrids, sold 209,467 vehicles in April, CPCA data showed, up 1.6% from March.<\/p>\n

CPCA is expected to release more detailed China car sales figures for April next week.<\/p>\n

Tesla has cut prices in several markets globally and kickstarted a price war in China that since the start of the year has seen more than 40 local and international car brands join in. <\/p>\n

The price cuts have lowered automakers’ earnings, with Tesla reporting a 24% plunge in first-quarter net income even though its quarterly global deliveries reached a fresh all-time high. <\/p>\n

The EV giant has however this week moved in the opposite direction, raising prices by up to $290 on its two top-selling models – Model Y and Model 3 – in Canada, China, Japan and the United States on Monday.\u00a0<\/p>\n

\u00a0 \u00a0 On Friday, it raised prices for its new Model S and Model X vehicles in China by 19,000 yuan ($2,751).<\/p>\n

Tesla is readying exports of a version of the Model Y to Canada this year from its Shanghai factory, the first time it will ship cars to North America from China, according to a person with direct knowledge of the plan and a production memo seen by Reuters.<\/p>\n

($1 = 6.9060 Chinese yuan renminbi)<\/p>\n

(Reporting by Qiaoyi Li, Zhang Yan and Brenda GohEditing by Jamie Freed, David Goodman and Keith Weir)<\/p>\n

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BEIJING\/SHANGHAI (Reuters) -Tesla Inc delivered 75,842 China-made electric vehicles (EVs) in April, down 14.7% from March, data from the China Passenger Car Association (CPCA) showed on Friday. The figure was however a huge jump from a year earlier, when the city of Shanghai – where Tesla has a factory – was in COVID-19 lockdown. In […]<\/p>\n","protected":false},"author":8,"featured_media":35474,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1220],"tags":[1223],"class_list":["post-35473","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-technology","tag-updated"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ4408H-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/35473","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=35473"}],"version-history":[{"count":2,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/35473\/revisions"}],"predecessor-version":[{"id":35510,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/35473\/revisions\/35510"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/35474"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=35473"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=35473"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=35473"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}