The Latest Breaking News from CPCA

Cars sold from Tesla's Chinese factory fell 6% over the previous April to mark their lowest level since Shanghai entered lockdown over a new COVID strain in 2022.

The Honda-Nissan merger talks have been a bit cryptic. To the public, the move didn't make sense. I mean, why would Honda—a company known for stability, reliability, and good financial standing—take on the risk of Nissan, which was given "12 or 14 months to survive" in its current state? Surely…

In June, Tesla Giga Shanghai's wholesale vehicle shipments, including local retail sales in China and exports, decreased year-over-year by 24%.

In May, Tesla Giga Shanghai's wholesale vehicle shipments (local retail sales and exports) continued to decrease year-over-year.

In April, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) noticeably decreased, deepening the year-to-date decline.

Nearly a third of the exports were new-energy vehicles, led by BYD and Tesla sales

According to the CPCA, the overall wholesale shipments of Tesla Made-in-China Model 3/Model Y cars in March amounted to 89,064.

In February, Tesla Giga Shanghai's overall wholesale vehicle shipments (local retail sales and exports) decreased by a fifth year-over-year.

Reduced local government incentives and strong sales promotions the previous month dampened demand in January