Friday, July 12, 2024

Tesla China sold 28,217 EVs in July, down 64% from June because production line upgrades

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Tesla China in July sold 28,217 electric vehicles, down 14.41 percent from 32,968 units in the same month last year. That number is down 64.24 percent from 78,906 units in June, according to data from the China Passenger Car Association (CPCA).

The decline was due to an upgrade at Giga Shanghai which affected its production capacity.

For the export market, Giga Shanghai delivered 19,756 vehicles in July, which translates to 8,461 units for the Chinese market.

Giga Shanghai currently produces only the Model 3 and Model Y, but detailed July data for each model is not yet available.

From January to July, Tesla’s cumulative wholesale sales in China were 322,974 units, up 65.87 percent from 194,711 in the same period last year.

It should be noted that the significant decline in Tesla’s sales in China in July was due to upgrades to the production line.

The Shanghai Giga has an annual capacity of more than 750,000 electric vehicles, according to the company’s second-quarter earnings report released on July 20.

NIO delivers 10,052 EVs in July, down 22.44 % from June

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