GPS News  
CAR TECH
Tesla deliveries fall with temporary closure of China factory
by AFP Staff Writers
New York (AFP) July 2, 2022

Tesla's deliveries of electric vehicles fell in the second quarter compared to the previous one due mainly to a weeks-long closure of its factory in China, the company said Saturday.

Elon Musk's enterprise delivered 254,695 vehicles from April to June, it said in a statement.

That's 27 percent more than the same period a year ago but down 18 percent from the January-to-March quarter of 2022 and the first such decline in more than two years.

This marks a disappointment for a company that says it is posting strong growth, touting the opening of two new factories this year, in Germany and Texas.

The drop in deliveries was bigger than that anticipated by analysts, who had expected 264,000 vehicles to be handed over to buyers, according to FactSet, a financial data and software company.

Tesla warned in April that supply chain snarls hitting the auto industry in general would keep disrupting the company's production until the end of the year.

Still, it delivered a record number of cars in the first quarter of 2022.

But in the second quarter Tesla had to grapple with the closure of its Shanghai factory for several weeks because of strict lockdown measures in China due to a surge in Covid-19 cases.

In its statement Saturday the company said it produced 258,000 vehicles in the second quarter "despite ongoing supply chain challenges and factory shutdowns beyond our control."

It also said June was the highest vehicle production month in Tesla's history.

Elsewhere in the industry, General Motors and Toyota saw their second quarter sales in the United States drop by 15 percent and 23 percent respectively, compared to the same period in 2021.

jum/dw/mlm

TESLA MOTORS

GENERAL MOTORS

TOYOTA MOTOR


Related Links
Car Technology at SpaceMart.com


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


CAR TECH
German prosecutors raid Hyundai-Kia over diesel cheating
Frankfurt (AFP) June 29, 2022
German persecutors have raided the offices of South Korean auto group Hyundai-Kia and a supplier over alleged diesel-emissions cheating affecting more than 210,000 vehicles. Investigators searched eight locations in Germany and Luxembourg, Frankfurt prosecutors said in a statement sent to AFP Wednesday. Working together with authorities in Luxembourg, the raids were aimed at securing "communications, software and planning documents" in relation to the emissions-cheating accusations. Specific ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

CAR TECH
Australian bee 'vampire' spreads despite lockdown

Aquaculture drives aquatic food yields to new high

Putin guarantees supply of fertilizers to Brazil

Lockdown for Australian bees as pest detected near port

CAR TECH
Electrospinning promises major improvements in wearable technology

Nanostructured surfaces for future quantum computer chips

A golden ticket to smaller electronics

Controlled synthesis of crystal flakes paves path for advanced future electronics

CAR TECH
Chinese airlines buy 292 planes from Airbus for total of $37 bn

NASA's stratospheric balloon mission gets telescope with giant mirror

NASA works with industry to develop flight tech to reduce carbon emissions

EGNOS technology for Africa - ESA signs deal with ASECNA

CAR TECH
Tesla deliveries fall with temporary closure of China factory

Range extenders: solar panels provide more juice to EVs

EU approves end of combustion engine sales by 2035

EU approves end to combustion engine sales by 2035

CAR TECH
India raids offices of Chinese smartphone maker Vivo

Asia stocks drop, euro stuck at 20-year low on recession fear

Markets mostly up on talk Biden to roll back some China tariffs

US, China discuss 'severe' economic challenges, supply chains

CAR TECH
Brazil sets new six-month Amazon deforestation record

The Gambia bans timber exports after smuggling fears

Indigenous farewell for expert killed in Amazon

Funeral held in Brazil for slain British journalist

CAR TECH
NASA aircraft conducting atmospheric studies over DC to Baltimore

Researchers measure atmospheric water vapor using open-air spectroscopy

Contract secures design for ESA's FORUM satellite

How do you process space data and imagery in low earth orbit?

CAR TECH
A mirror tracks a tiny particle

New silicon nanowires can really take the heat

Cooling speeds up electrons in bacterial nanowires

Seeing more deeply into nanomaterials









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.