In January, Tesla elevated total wholesale automobile shipments in China (native retail gross sales and exports).
In keeping with the China Passenger Automotive Affiliation’s (CPCA) preliminary information, the general wholesale shipments of Tesla Made-in-China (MIC) Mannequin 3/Mannequin Y vehicles final month amounted to 71,447 items, which is 8% greater than a 12 months in the past.
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Tesla Giga Shanghai EV manufacturing unit
The Tesla Giga Shanghai manufacturing unit is the world’s largest all-electric automotive manufacturing plant, which in 2023 produced near 950,000 Mannequin 3 and Mannequin Y vehicles. Tesla EVs from Shanghai are bought principally in China, whereas exports characterize greater than a 3rd of the amount.
The latest result’s decrease than in November (82,432) and December (94,139) but it surely was the most effective January ever.
* CPCA studies wholesale shipments, not registrations/buyer deliveries.
It implies that the upgraded Mannequin 3 (aka Highland) and the marginally up to date Tesla Mannequin Y in China are nonetheless attracting numerous prospects in China. In 2023, Mannequin Y was the best-selling all-electric mannequin in China.
Within the coming days, we must always get the native retail gross sales/export information to higher perceive Tesla’s scenario.
Tesla MIC Mannequin 3/Mannequin Y wholesale shipments final month (YOY change):
Complete wholesale shipments: 71,447 (up 8%)
For reference, in 2023, the whole wholesale gross sales nearly reached 950,000 items, up 33% year-over-year.
Tesla MIC Mannequin 3/Mannequin Y wholesale shipments in 2023 (YOY change):
Complete wholesale shipments: 947,742 (up 33%)
Tesla mentioned not too long ago that the Shanghai manufacturing unit “resumed regular fee manufacturing in This fall, rebounding from the scheduled downtime in Q3. Manufacturing of the up to date Mannequin 3 ramped to full pace in lower than two months.” The manufacturing unit can produce shut to 1 million electrical vehicles yearly.
As of right this moment, the preliminary CPCA information doesn’t embrace numbers for retail gross sales and exports or particular person outcomes for the 2 fashions.
Nevertheless, we are able to share full information for retail gross sales in China via December 2023. In 2023, the Mannequin 3 famous over 147,000 gross sales (up 18% year-over-year), whereas the Mannequin Y expanded by nearly 45% year-over-year to over 456,000.