Tesla China home gross sales attain year-to-date excessive in September 2024

Tesla China’s home gross sales have been their highest year-to-date in September 2024. This was hinted at in knowledge just lately launched by the China Passenger Automobile Affiliation (CPCA). 

CPCA knowledge has revealed that Tesla China was capable of promote 88,321 autos wholesale in September 2024. From this quantity, a complete of 16,121 vehicles have been exported to overseas markets. This means that over the course of September, Tesla was capable of promote a complete of 72,200 autos within the home Chinese language market.

$TSLA 🇨🇳
GOOD NEWS: Tesla China offered 181,883 models to Chinese language home demand within the third quarter, its strongest quarterly efficiency since getting into the Chinese language market.

Tom Zhu and Tesla China group’s work is unbelievable!🥰 pic.twitter.com/CaOWtbyehH

— Tsla Chan (@Tslachan) October 12, 2024

As famous in a report from CNEV Put up, Tesla China’s home gross sales in September characterize a 65.95% enchancment over the 43,507 autos that have been offered by the corporate in September 2023. In addition they characterize a 13.78% enchancment over the 63,456 autos that have been offered domestically in August 2024. 

This additionally signifies that within the third quarter, Tesla offered a complete of 181,883 autos within the home Chinese language market. This represents a year-over-year enchancment of 30.27% and a quarter-over-quarter enchancment of 24.67%. This bodes nicely for Tesla China’s attain in China’s native EV market, and it highlights simply how prolific the Mannequin 3 and Mannequin Y have change into within the nation. 

China reported 72,200 Tesla gross sales and three.4% market share in September. BEV penetration reaches new document of 30.5% and Tesla has 11.2% of this phase. 🇨🇳

• Market share is 30 foundation factors or 10% above the 3-month trailing common of three.1%
• Second greatest September ever
• +64%… pic.twitter.com/cvX68RYYdq

— Roland Pircher (@piloly) October 12, 2024

Total, Tesla China’s home gross sales have reached 460,200 autos from January to September 2024, a rise of 6.1% year-over-year. That is particularly spectacular for the electrical automobile maker contemplating that 2024’s home gross sales lagged 2023’s figures for a number of months. 

Tesla China continues to be a rising presence within the firm’s total operations. On the finish of September, Tesla China introduced that it had efficiently exported 1 million autos to overseas markets. And on the identical day when Tesla North America unveiled the Cybercab and the Robovan in California, Tesla China introduced that Gigafactory Shanghai had produced its 3 millionth automobile. 

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Tesla China home gross sales attain year-to-date excessive in September 2024