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In December, Tesla sold 70,847 cars made in China -Reports CPCA

January 23, 2022
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In December, Tesla sold 70,847 cars made in China -Reports CPCA
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U.S. electric automobile manufacturer Tesla Inc sold 70,847 China-made vehicles in December. This was the largest monthly sales since it began production in Shanghai in 2019. The data obtained from China Passenger Car Association (CPCA) revealed on Tuesday.

Sales for December at Tesla’s, that comprised 245 exports, was more than three times what it that was achieved in the same month the previous year, and 34% more than November’s sales.

This also brought Tesla’s total sales of Chinese-made vehicles for the year to at most 473,078, based on Reuters using the CPCA’s statistics that before April did not release figures on Tesla’s China-made automobile exports.

This is about 50 percent of the 936,000 vehicles that which the U.S. automaker delivered globally in the year 2000.

The Tesla’s Shanghai manufacturing facility, which began delivery of vehicles towards the end of 2019. produces the electric Model 3 sedans and Model Y sport-utility cars for markets both in the US and internationally that include Germany as well as Japan.

The automaker is able to overcome supply chain issues faced by competitors to record records for quarterly deliveries, announced in its third quarter results on October 1 that its Shanghai plant’s annual production potential was higher than 450,000 vehicles.

Tu Le, Beijing-based managing director of Sino Auto Insights, said the figures for December indicated that China’s Tesla name in China was strong, and it was operationally “impressive” considering that Shanghai factory was able to produce approximately 42,000 vehicles per month, which is an average.

The market for electric vehicles in China is dominated by local brands, including BYD and Wuling – a local company which belongs to General Motors. Tesla is the only foreign brand that ranks in the top 10 according to Shanghai-based consulting firm Automobility.

The CPCA also stated that Chinese manufacturer of electric vehicles Nio Inc delivered 10,489 cars this month, which is an year-over-year rise of 49.7 percent, and Xpeng Inc delivered 16,000 vehicles. Volkswagen AG said it sold more than 13,787 ID. series electric vehicles across China in December. This is the fourth consecutive month that the ID. family has shipped greater than 10,000 units across China.

Bob Smith

Bob is a Digital Entrepreneur and keen follower of the Crypto and Blockchain world.  He enjoys exploring the latest technology and news related to Fintech world. He is a go-to person with a positive attitude towards life.

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