Tesla’s China-made vehicle sales experienced a significant rebound in November, following a slight decline in October. According to the latest data released by the China Passenger Car Association (CPCA), Tesla sold a total of 78,856 vehicles in China last month, including both domestic sales and exports to overseas markets.
This figure represents a 15.49 percent increase from October’s sales of 68,280 vehicles. However, it is worth noting that there was a 4.34 percent decrease compared to the same month last year when Tesla sold 82,432 vehicles in China.
In October, Tesla’s sales in China hit a low point, marking the lowest figure since April with a 22.69 percent decline from September. Tesla operates a factory in Shanghai, where it produces the popular Model 3 sedan and Model Y crossover vehicles for both local deliveries and exports.
While the CPCA did not specify the exact number of deliveries or exports for Tesla in China in November, local media reports indicated that the company sold over 73,000 units in the country during the month. This represents a 12 percent increase year-on-year and an impressive 82 percent surge from October’s figures.
In the January-November period, Tesla China managed to sell a total of 822,894 vehicles, reflecting a 3.60 percent decrease compared to the previous year. It is important to note that Tesla’s main Chinese competitors, including BYD, Nio, Xpeng, Li Auto, and Zeekr, also reported their November sales figures earlier this month.
BYD achieved a significant milestone by selling 506,804 new energy vehicles (NEVs) in November, surpassing the 500,000 mark for the second time and achieving its sixth consecutive record month. Nio delivered 20,575 vehicles, marking a 28.92 percent increase from the previous year but a slight decrease from October’s figures. Xpeng set a new record by delivering 30,895 vehicles in November, crossing the 30,000 mark for the first time. Li Auto delivered 48,740 vehicles, showing an 18.79 percent increase from the previous year but a slight decline from October.
Finally, Zeekr delivered 27,011 vehicles in November, achieving its third consecutive record month. It is worth mentioning that both BYD and Li Auto produce hybrid and battery electric vehicle (BEV) models, while Tesla, Nio, Xpeng, and Zeekr focus solely on producing BEVs.
Overall, Tesla’s rebound in China-made vehicle sales in November is a positive sign for the company, especially after facing challenges in October. As the electric vehicle market in China continues to grow and evolve, Tesla remains a key player in driving innovation and sustainability in the industry.
