Tesla‘s share in China’s BEV market was 11.87 percent in November, up from 5.78 percent in October.
Tesla (NASDAQ: TSLA) sold 82,432 China-made vehicles in November, of which 16,928 were exported, data released today by the China Passenger Car Association (CPCA) showed.
The US electric vehicle (EV) maker has a plant in Shanghai that produces the Model 3 and Model Y, both for deliveries to local customers and as an export hub.
The latest figures from the CPCA mean that Tesla sold 65,504 vehicles in China in November, up 4.82 percent year-on-year and up 128.83 percent from October.
Tesla’s Shanghai factory exports were down 55.21 percent year-on-year in November and down 61.08 percent from October.
Tesla’s pattern is to produce cars for export in the first half of the quarter and for the local market in the second half, it previously said.
Of the 82,432 China-made vehicles sold by Tesla in November that included exports, 58,433 were Model Y and 23,999 were Model 3, according to the CPCA.
In the January-November period, Tesla sold 527,859 vehicles in China, up 32.68 percent year-on-year.
Tesla’s Shanghai factory exported 325,744 vehicles in January-November, up 26.64 percent year-on-year, data monitored by CnEVPost showed.
China’s retail sales of passenger new energy vehicles (NEVs) in November were a record 841,000 units, according to the CPCA. This means that Tesla’s share of the Chinese NEV market was 7.79 percent last month, up from 3.73 percent in October.
China sold 552,000 battery electric vehicles (BEVs) and 289,000 plug-in hybrids (PHEVs) at retail in November, according to the CPCA.
Tesla’s share in China’s BEV market was 11.87 percent in November, up from 5.78 percent in October.
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