Tesla sells 78,000 China-made vehicles in June, preliminary CPCA data show
This represents an increase of about 135 percent over the 33,155 units sold in the same month last year and a 143 percent increase over the 32,165 units sold in May.
Tesla sold 78,000 China-made vehicles in June, according to preliminary figures released today by the China Passenger Car Association (CPCA).
That's up about 135 percent from 33,155 vehicles a year ago and up 143 percent from 32,165 vehicles in May.
The CPCA did not provide more details on Tesla's numbers, including the number of vehicles sold in China locally and the number exported, which they expect to be available in the coming days.
Tesla China exported 22,340 vehicles in May and sold 9,825 retail units in China, previous data showed.
Tesla's Shanghai plant produced 33,544 vehicles in May, up 212 percent from April, according to the CPCA. The plant is currently producing only Model 3 and Model Y vehicles.
Tesla's wholesale sales in China were just 1,512 units in April because of the Covid lockdown in Shanghai. Its plant in the city produced 10,757 vehicles in April, with zero exports.
Tesla's Shanghai plant stopped production when the city went into a phased lockdown from March 28 and officially resumed limited production on April 19.
Preliminary statistics show that in June, retail sales of passenger vehicles in China were 1.926 million units, up 22 percent from a year earlier and 42 percent from May, the CPCA said.
The introduction of China's purchase tax reduction policy, further relaxation of Covid control and the introduction of local government policies to promote consumption have contributed to the recovery of the car market, the CPCA said.
New energy vehicle (NEV) sales of major manufacturers grew at a high rate in June, with retail sales of NEVs expected to be around 500,000, potentially a record high, the CPCA said, reiterating its previous forecast.
BYD in particular showed superb high-growth momentum and became a role model for mainstream manufacturers transitioning to the new energy sector, the CPCA said.
BYD sold a record 134,036 NEVs in June, the fourth consecutive month of more than 100,000 units, according to figures released by the company on July 3.
That's up 224.02 percent from 41,366 units a year ago and up 16.61 percent from 114,943 units in May.
BYD ceased production and sales of conventional internal combustion engine (ICE) vehicles in March of this year, thereby focusing on the production of battery electric vehicles (BEVs) and plug-in hybrid vehicles (PHEVs).
The continued strength of A00- and A0-class EVs is driving the development of EVs for mainstream car companies, a clear indication of the benefits of electrification, the CPCA said.