Tesla Giga Shanghai Increased Sales in China by 39% YoY in January & Maintained High Export Volume

Tesla Giga Shanghai Increased Sales in China by 39% YoY in January & Maintained High Export Volume

Image: @JayinShanghai/Twitter

Tesla Giga Shanghai increased sales in China by 39% year over year in January 2023. Despite the increase in domestic sales, the manufacturer maintained the volume of exported vehicles.

Tesla Giga Shanghai ramped up production in 2022, which had a positive effect on sales in early 2023. The total vehicle deliveries from the Chinese factory amounted to 66,051 units, reflecting an increase of 10.4% compared to the same period last year. In January, Giga Shanghai sold 25,148 Model 3s and 40,903 Model Ys. New data from the China Passenger Car Association (CPCA) have now shown a refinement in the distribution of deliveries between the domestic market and exports.

In January, Giga Shanghai sold 26,843 Model 3s and Model Ys in China, reflecting an impressive 39% increase from a year earlier. While this is not the highest volume of Tesla vehicles sold in China in a single month, it is a new record for January. Usually, January is the weakest month for the manufacturer, however this year the situation has changed and the company has many surprises in store.

While domestic sales have grown significantly, Tesla has managed to keep exports high. 39,208 Model 3s and Model Ys were exported in January. This is 3.2% less than a year ago, however it also underlines that domestic sales have grown significantly not due to a slowdown in exports.

Such results were largely made possible also due to the fact that Tesla's European factory continues to increase its production capacity. Giga Berlin is already close to reaching a production level of 4,000 units of Model Y per week. The higher the capacity of the factory, the more Giga Shanghai will be able to focus on selling in China and exporting only to the markets of neighboring countries.

© 2023, Eva Fox | Tesmanian. All rights reserved.


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Article edited by @SmokeyShorts; follow him on Twitter

About the Author

Eva Fox

Eva Fox

Eva Fox joined Tesmanian in 2019 to cover breaking news as an automotive journalist. The main topics that she covers are clean energy and electric vehicles. As a journalist, Eva is specialized in Tesla and topics related to the work and development of the company.

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