Type to search

Tesla’s China Exports Surged in August, Local Deliveries Up

Local sales of China-made vehicles jumped to 12,885 cars last month from 8,621 cars in July 2021

Tesla sold over 44,000 vehicles made in China in August 2021. File photo by Reuters.

US electric vehicle maker Tesla Inc sold 44,264 China-made vehicles in August, including 31,379 for export, the China Passenger Car Association (CPCA) said on Wednesday.

Local sales of China-made vehicles jumped to 12,885 cars last month from 8,621 cars in July. Tesla‘s sales in the first month of each quarter are usually lower than the following two months.

The company, which makes Model 3 sedans and Model Y sport-utility vehicles in Shanghai, sold 32,968 China-made vehicles in July and 33,155 units in June.

In July, Tesla introduced a cheaper version of the Model Y in China, where it faces increased scrutiny from both regulators and the public, and growing competition from local rivals. It also lowered the starting price for Model 3 sedans.

China’s BYD sold 60,858 electric vehicles last month, while General Motors’ China joint venture with SAIC Motor delivered 43,783 units.

CPCA said passenger car sales in August in China totalled 1.5 million, down 14.7% from a year earlier.

 

• Reuters and Jim Pollard

 

ALSO SEE:

Tesla sets up its first local data centre in China

This story was updated with a different headline.

Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

AF China Bond