Industry dynamics

Tesla sells 46,227 cars in China in Jul, exports 27,890 from Shanghai plant

Publishtime:1970-01-01 08:00:00 Views:24

Tesla's July sales in China decreased by 21.99 percent from 59,261 in June as exports from its Shanghai factory increased by 137.44 percent.

Tesla (NASDAQ: TSLA) saw fewer deliveries in China last month, as more vehicles produced locally were used for export.

Tesla China sold 74,117 vehicles in July, including 27,890 for export, according to data released today by the China Passenger Car Association (CPCA).

That means the US electric vehicle (EV) maker sold 46,227 vehicles in China in July, up 47.11 percent from 31,423 a year earlier but down 21.99 percent from 59,261 units in June, CnEVPost calculations show.

Tesla has a factory in Shanghai that produces the Model 3 sedan and Model Y crossover, both for deliveries to local customers and as an export hub for it.

Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half, it previously said.

Tesla China's overall sales including exports in July were up 15.29 percent from 64,285 a year earlier, and up 4.38 percent from 71,007 vehicles in June.

Retail sales figures for the Model 3 and Model Y in China in June are not yet available.

Industry-wide, retail sales of new energy vehicles (NEVs) in China totaled 878,000 units in July, up 36.97 percent year-on-year and up 2.47 percent from June.

Retail sales of battery electric vehicles (BEVs) in China totaled 482,000 units in July, up 14.49 percent year-on-year but down 2.22 percent from June.

Retail sales of plug-in hybrid electric vehicles (PHEVs) in China were 396,000 units in July, up 80 percent year-on-year and up 8.83 percent from June.

That means Tesla's share of China's NEV market was 5.27 percent in July, down from 6.92 percent in June but up from 4.9 percent a year earlier, CnEVPost calculations show.

In China's BEV market, Tesla's share was 9.59 percent in July, down from 12.02 percent in June but up from 7.46 percent a year earlier.

Tesla expects FSD approval in China by year-end