Tesla almost tripled the sales of its Chinese-made vehicles in August following an increase in production at its plant in Shanghai.
The China Passenger Car Association has revealed that Tesla sold 76,965 of its Chinese-made vehicles last month and exported 42,463 Model 3s and Model Ys to international markets. These figures represent significant jumps from the 28,717 vehicles it sold in July and the 19,756 that it exported.
By increasing production in Shanghai, Tesla was also able to slash delivery times for its Chinese customers to a maximum of 14 weeks. These interested in picking up the keys to a rear-wheel drive Model Y can now do so just a month after placing an order.
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Production at Tesla’s Chinese site was impacted due to a large upgrade. However, it has still needed to deal with heatwaves and COVID-19 restrictions that have hit some of its suppliers. Furthermore, CATL had to shut part of its operations at its Yibin plant that supplies Tesla with battery cells because of local power restriction policies.
China’s wider automotive industry experienced a spike in sales in August, jumping by 28.4 per cent from last year to 1.9 million, thanks largely to government incentives and tax breaks. Electric vehicles accounted for 28 per cent of these sales. The export of passenger vehicles also spiked by 77.5 per cent last month.
