Tesla sales in China soar to new highs in latest figures

Sales for Tesla in China are on an upward trajectory once again as the China Passenger Car Association (CPCA) has released the latest figures for the month of May.

After the reopening of the Chinese economy following the shutdowns due to the coronavirus pandemic, Tesla sold nearly 4,000 EVs in February.

Then Tesla followed up with another record month in March, recording 10,160 sales in China. At the time represented nearly 30% of all EV sales across the country that month.

According to the latest figures, Tesla sold 11,095 vehicles in May, representing a 205% increase from the previous month. Along with the impressive sales tally, the Model 3 is also once again the best selling EV in China, after losing that title last month.

The strong sales figures are likely due in part to the reintroduction of the Long Range RWD Model 3 in China. Additionally, Tesla recently lowered the price of the base Model 3 in China in order for it to qualify for the new EV subsidy rules.

h/t [Reuters]

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