Tesla's Shanghai factory reported a 36% year-on-year increase in deliveries for April, benefiting from government subsidies and growing EV interest. However, local competitors are intensifying their market presence.

Tesla’s Shanghai factory reported a big year-on-year rise in deliveries last month as it benefited from local governments’ subsidies and increasing interest in electric vehicles (EVs) amid the global energy shock. The US carmaker said in a statement that the so-called Gigafactory delivered 74,478 units in April, up 36 per cent from the same period in 2025. The number comprises sales in mainland China and exports to overseas markets. However, on a month-to-month basis the factory’s sales in April...