Tesla Giga Shanghai sold 32,968 vehicles in July. Strong export figures support the company's claim that the factory in China is its new export hub.
Tesla Inc. sold 32,968 Chinese-made vehicles in July, according to the China Passenger Car Association (CPCA). While local sales of made-in-China vehicles fell to 8,621 units from 28,138 in June, export sales rose to 24,347, up 386.3% from a month earlier. Tesla sales in the first month of each quarter are usually lower than in the next two months, so there is a chance that the Giga Shanghai will increase its numbers in August and September.
Domestic sales of Model 3 and Model Y are 6,601 and 2,397, respectively. Exported sales of Model 3 were 16,137 units, Model Y 8,210. This distribution underscores the fact that Tesla's Chinese factory has become a major export hub for Asia and Europe. Model 3 is already being exported there, and delivery of Model Y to Europe will begin soon.
Tesla stated in its Q2 2021 earnings report:
"While we experienced minor interruptions due to supply chain challenges and factory upgrades, production in Shanghai remained strong. Per our planned roadmap, we recently introduced a standard range version of Model Y in China, which starts at ¥ 276,000 post incentives. Due to strong US demand and global average cost optimization, we have completed the transition of Gigafactory Shanghai as the primary vehicle export hub."
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