Tesla China recorded higher wholesale volumes in March, according to data from the China Passenger Car Association (CPCA), as the company continued its recovery in the world’s largest auto market.
Tesla China’s wholesale volume reached 85,670 vehicles in March, including domestic sales and exports, the CPCA said. The figure represents an increase of 8.68% from 78,828 units in the same month a year earlier.
On a monthly basis, volumes rose 46.20% from 58,599 vehicles in February, reflecting a rebound following the seasonal slowdown typically seen at the start of the year.
Detailed breakdowns of Tesla’s domestic deliveries and export volumes from its Shanghai factory are expected to be released later this month, the CPCA said.
China’s total wholesale sales of new energy vehicles (NEVs) were estimated at 1.12 million units in March, flat compared with a year earlier but up 55% from February, according to CPCA data.
The Chinese auto market typically experiences lower sales at the beginning of the year, with demand strengthening toward later months.
For the first quarter, Tesla China’s wholesale volume totaled 213,398 vehicles, marking a 23.53% increase from a year earlier.
The performance follows a rebound in Tesla’s retail sales in China in February, when the company gained a 13.74% share of the country’s battery electric vehicle market, its highest level since April 2024.
Separately, Tesla has denied reports that it plans to introduce a lower-cost version of its Model 3 sedan in China. Local outlet Caiwen, citing the company, reported that Tesla has no plans to launch a cheaper Model 3 variant or establish related production lines at its Shanghai factory.
Globally, Tesla reported first-quarter production of 408,386 vehicles and deliveries of 358,023 units, indicating a moderate start to 2026. The figures represent a 12.6% increase in production and a 6.3% rise in deliveries compared with the same period last year.
However, exports from Tesla’s Shanghai factory declined in February to 20,393 vehicles, down about 60% from January, indicating uneven performance across domestic and overseas markets.
