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Tesla sells 56515 vehicles in China in February
The China Passenger Car Association has released its monthly sales report for the country. Based on the data shared by the CPCA it appears that Tesla China had a very eventful February, with the EV maker posting wholesale figures of 56,515 units, comprised of 33,315 vehicles that were exported to foreign territories and 23,200 that were delivered to local customers.
These numbers represent substantial growth for Tesla’s China operations. Considering that the company sold 18,318 vehicles in the same month last year, February 2022’s wholesale numbers indicate that Tesla saw a 208.5% year-over-year growth in China. It should also be highlighted that Tesla China was able to post its stellar February 2022 results even with the month only having 28 days.
What is especially impressive with Tesla’s results was the fact that the company only sells premium-priced vehicles in China. Tesla currently produces the Model 3 sedan and Model Y crossover in Gigafactory Shanghai, both of which are more expensive than some of the country’s best-selling electric cars like the SAIC-GM-Wuling Mini EV Despite this, Tesla’s vehicles in China are selling at volumes that seem comparable to more mainstream cars.
Source: Re-posted and Summarized from Simon Alvarez at teslarati.
My Take: I bet that these numbers are causing sleepless nights for some other OEM CEOs.
Re Posted From: Tesla sells 56515 vehicles in China in February
The China Passenger Car Association has released its monthly sales report for the country. Based on the data shared by the CPCA it appears that Tesla China had a very eventful February, with the EV maker posting wholesale figures of 56,515 units, comprised of 33,315 vehicles that were exported to foreign territories and 23,200 that were delivered to local customers.
These numbers represent substantial growth for Tesla’s China operations. Considering that the company sold 18,318 vehicles in the same month last year, February 2022’s wholesale numbers indicate that Tesla saw a 208.5% year-over-year growth in China. It should also be highlighted that Tesla China was able to post its stellar February 2022 results even with the month only having 28 days.
What is especially impressive with Tesla’s results was the fact that the company only sells premium-priced vehicles in China. Tesla currently produces the Model 3 sedan and Model Y crossover in Gigafactory Shanghai, both of which are more expensive than some of the country’s best-selling electric cars like the SAIC-GM-Wuling Mini EV Despite this, Tesla’s vehicles in China are selling at volumes that seem comparable to more mainstream cars.
Source: Re-posted and Summarized from Simon Alvarez at teslarati.
My Take: I bet that these numbers are causing sleepless nights for some other OEM CEOs.
Re Posted From: Tesla sells 56515 vehicles in China in February