Tesla Shanghai factory shipments seen trending higher in July
- by Auto News India
- Aug 04, 2024
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04 Aug 2024, 08:50 AM
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Of the carmakers that have already reported monthly figures, Zeekr Intelligent Technology Holding Ltd., the EV brand of Geely Automobile Holdings Ltd., was hit hardest, announcing a 22 per cent drop in sales from June to 15,655 units.
A Zeekr spokesperson said that equipment checks and repairs along production lines are usually timed for the summer. Zeekr’s production lines are also being adjusted to make several new models, the spokesperson said, adding that a monthly run rate of 30,000 units for one of the months in the fourth quarter is still the goal.
Watch: India's Promising Market for EVs | All Things EV | HT Auto
Parent Geely reported a 9.2 per cent slump in July sales while Great Wall Motor Co.’s decreased 6.9 per cent.
The PCA said Friday that China’s new-energy passenger vehicle wholesales in July were estimated to have come in at 950,000 units, down three per cent month-on-month, amid slower economic growth and muted consumer spending.
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