Industry dynamics

Tesla sells 93,680 China-made vehicles in June 2023

Publishtime:1970-01-01 08:00:00 Views:26

Beijing (ZXZC)- In June 2023, Tesla sold 93,680 China-made vehicles via wholesale, which marked the US electric vehicle maker’s best performance throughout the first half of this year, according to the China Passenger Car Association (CPCA).

Tesla sells 93,680 China-made vehicles in June 2023

Tesla scored a 20.57% jump in June monthly wholesale volume compared to the previous month, and a 18.72% rise versus the year-ago period. Notably, wholesale volume of the Model Y came in at 63,043 units, outshining other passenger vehicle models in China in June, and accounted for 67.3% of the total monthly volume. Meanwhile, the Model 3 was sold by 30,637 units in June. 

Tesla sells 93,680 China-made vehicles in June 2023

In the past month, Tesla shipped 19,468 Shanghai-made vehicles to overseas markets, which accounted for roughly 20.78% of the automaker’s total monthly sales volume. 

In the first six months of this year, the cumulative wholesale volume of China-made Tesla vehicles summed up to 476,539 vehicles, representing a 61.68% spike over that of a year ago. Among which, 182,434 units were shipped to overseas markets.

Last month, China’s new energy passenger vehicle (NEPV) wholesale volume stood at roughly 761,000 vehicles, surging 33.4% year over year while increasing 12.1% month over month. From January to June, there were a total of 3.544 million NEPVs sold via wholesale, hiking up 43.7% from the year-ago period. 

Tesla sells 93,680 China-made vehicles in June 2023

Model Y; photo credit: Tesla

Among all the passenger vehicle models who boasted a wholesale volume exceeding 20,000 units in the past month, ten out of sixteen of them were NEPVs, which were successively the Tesla Model Y (63,043 units), the BYD Qin (44,239 units), the BYD Song (42,388 units), the BYD Yuan (33,935 units), the BYD Dolphin (31,140 units), the Tesla Model 3 (30,637 units), the BYD Han (23,206 units), the BYD Seagull (23,005 units), the GAC AION S (22,487 units), and the GAC AION Y (20,583 units). 

On the other hand, in terms of June retail volume of NEPVs in China, Tesla saw its market share drop 3.5 percentage points year on year to 11.2% last month. At the same time, China’s locally-owned brands secured 70.5% of the entire NEPV market, which climbed up 8 percentage points from the previous year. The market share of new energy vehicle startups slipped 4 percentage points from the year-ago period to 12.8% in the past month.

In June 2023, roughly 70,000 locally-produced NEPVs were exported to overseas markets by Chinese automakers, indicating a 185.3% soar year-on-year but a 27.8% decrease month-on-month. According to the CPCA, NEPVs accounted for about 24% of the total passenger vehicle export volume last month, with 89% of them being pure-electric models.