Tesla reported robust sales in China for November, with a total of 82,432 locally manufactured vehicles sold, of which 16,928 were designated for export, according to data from the China Passenger Car Association (CPCA). The figures highlight the company’s continued growth in the Chinese market.
The breakdown of sales reveals that within China, Tesla sold 65,504 vehicles in November, representing a 4.82% increase year-on-year and an impressive surge of 128.83% from the previous month. Tesla’s Shanghai plant, a key production hub, caters to both domestic demand and global exports.
However, Tesla’s export numbers from the Shanghai factory saw a significant 55.21% year-on-year decline in November and a 61.08% decrease compared to October. The company follows a production strategy where the first half of the quarter focuses on exports, while the latter half caters to the local market.
Breaking down the November sales further, the CPCA data reveals that of the 82,432 China-made vehicles, 58,433 were Model Y, and 23,999 were Model 3.
In the cumulative January-November period, Tesla achieved total sales of 527,859 vehicles in China, marking a substantial 32.68% year-on-year increase. The Shanghai factory also exported 325,744 vehicles during this period, reflecting a 26.64% year-on-year growth, as monitored by CnEVPost.
Tesla’s share in China’s burgeoning new energy vehicle (NEV) market rose to 7.79% in November, a significant increase from 3.73% in October. This surge is aligned with the record-breaking NEV retail sales in China, totaling 841,000 units, according to CPCA data.
Specifically, China witnessed retail sales of 552,000 battery electric vehicles (BEVs) and 289,000 plug-in hybrids (PHEVs) in November. Tesla’s share of the BEV market in China reached 11.87% in November, demonstrating a notable increase from 5.78% in October.
