INdustrycTceh INsight Logo

Tesla’s China-made sales reach an account after the Shanghai factory climb

Tesla's China-made sales reach an account after the Shanghai factory climb

October 11, 2022: -On Sunday, Tesla sold 83,135 vehicles made in China wholesale in September, which spams its record of monthly sales in China, the China Passenger Car Association said.

According to CPCA data, the number marks an 8% increase from August and outpaced the 5% month-over-month growth of all wholesale electric vehicle sales in China,

It set a recent record for Tesla’s Shanghai factory since its production began in December 2019. As the U.S. carmaker invests in China production, it topped the prior sales record of 78,906 in June.

Last week, Tesla said it delivered 343,830 electric vehicles in the third quarter, a record for the world’s most valuable automaker. Still, less than the 359,162 analysts on average had expected, according to Refinitiv.

Reuters reported that Tesla quickened its China deliveries after suspending most production at the Shanghai plant in July for an upgrade, aiming to bring the factory’s weekly output to nearly 22,000 units compared with levels of about 17,000 in June.

The plant, which simulates Model 3s and Model Ys, reopened on April 19 after a COVID lockdown but only resumed total production in mid-June.

Production accelerated despite heatwaves and COVID curbs that hit its suppliers in the country’s southwest region.

China’s BYD continued to lead the domestic EV market with 200,973 wholesale sales in September, almost a 15% increase from August. CPCA stated higher oil prices and government subsidies continue to encourage more consumers to choose electric vehicles.

About Us

We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.

Recent Posts

The Lake Companies | Making Manufacturing Easier…Forever! | Greg Lake

Today, most manufacturing companies face similar challenges. Those tend to intertwine themselves with implementing and adhering to best business practices. There are many reasons for this, including:
No standard definition for best practices.
The unending confusion of new shiny objects created by the technology industry.
The fact that manufacturing is such a complex industry.

Cyncly | Preparing Customers for the Future | Andrea Gnoato

Cyncly was created in September of 2022 as the new brand to unite Compusoft, 2020, and their affiliate companies after the two companies merged in 2021. One of the key factors driving the decision to form Cyncly as a global brand was that consumers worldwide wanted a seamless experience when they decided to improve their homes.

Tecnomatix | Making Transformative Products | Tony Hemmelgarn

Tecnomatix® is a comprehensive portfolio of digital manufacturing solutions that helps companies to digitalize manufacturing and the process of turning innovative ideas and raw materials into transformative products. It is a software suite that enables organizations to create a digital twin of their manufacturing processes, including robots, automation, material handling systems, and people, to improve the performance of their business.

Tesla’s China-made sales reach an account after the Shanghai factory climb