Tesla increased sales of cars made at Giga Shanghai in China in July compared to the same period last year. Last month was the second-best start to a quarter in Giga Shanghai’s history.
According to data released by the China Passenger Car Association (CPCA) on Thursday, Tesla China sold 74,117 vehicles in July. Among them, 46,227 cars were sold in the domestic market, up 47.11 percent from 31,423 units sold a year earlier. It was also down 21.99 percent from the 59,261 units sold in June. However, it is worth keeping in mind that deliveries to the domestic market declined in July as more locally produced cars were exported.
Tesla sent 27,890 Giga Shanghai-made vehicles for export. This represents a 137.44 percent increase from 11,746 units in June, confirming that sales are more focused on exports, as the company does at the beginning of each quarter. At the same time, exports from the Shanghai factory in July were down 15.13 percent from 32,862 units a year earlier
Tesla China’s total sales, including exports, were up 15.29 percent in July from 64,285 units a year earlier. Sales were also up 4.38 percent from 71,007 units in June, indicating that production has resumed, which could be due to increased demand for the company’s vehicles worldwide.
Of Tesla China’s July sales, including exports, Model Y accounted for 41,405 units. This means the electric compact SUV accounts for 55.86 percent of sales. According to CnEVPost, this is down 5.81 percent from 43,961 in the same month last year and down 5.79 percent from 43,951 in June. This indicates that demand for the refreshed Model 3 is increasing significantly.
Model 3 sales, including exports, totaled 32,712 units, accounting for 44.14 percent of Tesla China’s sales in July. This is up 60.95 percent from 20,324 a year earlier and up 20.9 percent from 27,056 in June.
Retail sales of new energy vehicles (NEVs) in China in July were 878,000 units. This is up 36.97 percent from the previous year and up 2.47 percent from June. China’s retail sales of battery electric vehicles (BEVs) totaled 482,000 units in July, up 14.49 percent year-on-year but down 2.22 percent from June. China’s retail sales of plug-in hybrid electric vehicles (PHEVs) totaled 396,000 units in July, up 80 percent year-on-year and up 8.83 percent compared with June.
Given the data, 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. In China’s EV 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.
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