{"id":35598,"date":"2022-11-09T00:04:11","date_gmt":"2022-11-09T05:04:11","guid":{"rendered":"http:\/\/autosector.com\/?p=35598"},"modified":"2022-11-09T00:04:11","modified_gmt":"2022-11-09T05:04:11","slug":"china-tesla-export-record-october2022","status":"publish","type":"post","link":"http:\/\/autosector.com\/?p=35598","title":{"rendered":"China: Tesla Set New EV Export Record In October 2022"},"content":{"rendered":"

In October, Tesla improved local retail sales and export of electric cars produced at the Giga Shanghai plant, including a new export record.<\/p>\n

Last month, the total Made-in-China (MIC) Tesla<\/a> volume (retail sales in China and export) amounted to 71,704 units – according to the China Passenger Car Association (CPCA)’s data – which is in line with the previous report<\/a>.<\/p>\n

This result is almost 32% better than a year ago and so far the best first month of a quarter.<\/p>\n

* CPCA reports wholesale shipments, not registrations\/customer deliveries.<\/em><\/p>\n

It’s expected that Tesla will have a pretty strong end of the year in China, but it’s very difficult to forecast anything for 2023.<\/p>\n

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During the first nine months of the year, the total volume reached 554,778 (up 89% year-over-year).<\/p>\n

According to the CPCA, Tesla’s cumulative wholesale volume from the Tesla Giga Shanghai is now over 1.1 million, including roughly 678,000 in the past 12 months.<\/p>\n

The report indicates that last month, local sales in China amounted to 17,200 (up 25% year-over-year), which is not bad for the first month of a quarter.<\/p>\n

Tesla MIC retail sales in China are usually the highest in the final month of a quarter (the first half of a quarter is usually focused on export).<\/em><\/p>\n

On the other hand, the growth rate is slowing down. Tesla recently lowered the prices of the Model 3 and Model Y in China<\/a>\u00a0and is experimenting with some additional incentives<\/a> to increase local sales. Considering that the 11,088 CNY (about $1,500) subsidy will be gone by the end of the year, there should be no shortage of customers in November and December.<\/p>\n

So far this year, in China, Tesla sold over 335,000 MIC electric cars (up 54% year-over-year).<\/p>\n

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According to the report, last month 54,504 Tesla MIC cars were exported (up 34% year-over-year), which is the best monthly result ever. This is a true sign that Giga Shanghai is an export hub.<\/p>\n

Tesla usually exports the highest number of cars in the first month of a quarter, and then a substantial number of cars also in the second month of a quarter.<\/em><\/p>\n

The CPCA says that over 219,000 Tesla MIC cars were exported so far this year. Mostly to Europe, we guess.<\/p>\n

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Tesla offers two MIC models – Model 3 and Model Y (both in various versions). The Tesla Model 3 wholesale (retail sales in China plus export) amounted to 30,216, while the Tesla Model Y noted 41,488.<\/p>\n

Retail sales data for individual models (sales in China) for the past month are not yet available.<\/p>\n

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In October, Tesla improved local retail sales and export of electric cars produced at the Giga Shanghai plant, including a new export record. Last month, the total Made-in-China (MIC) Tesla volume (retail sales in China and export) amounted to 71,704 units – according to the China Passenger Car Association (CPCA)’s data – which is in […]<\/p>\n","protected":false},"author":1,"featured_media":35599,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-35598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-e-cars"],"_links":{"self":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/35598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=35598"}],"version-history":[{"count":0,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/posts\/35598\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=\/wp\/v2\/media\/35599"}],"wp:attachment":[{"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=35598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=35598"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/autosector.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=35598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}