Tesla’s August Sales in China Expected to Reach 77,000 Units

According to comments on September 1 by Cui Dongshu, Secretary General of the China Passenger Car Association, Tesla’s August delivery volume in the country is expected to have totaled about 77,000 vehicles, an increase of 173% from July. According to Sohu Tech, this figure has been confirmed by Tesla. The firm sold 44,264 vehicles in August last year, which means that its delivery volume in the same month this year increased by an estimated 74% year-on-year.

Cui revealed in a media interview: “Based on my personal analysis, with the continuous improvement of Tesla’s capacity utilization rate, although it encountered short-term pressure on auto parts supply, due to Tesla’s strong production after the end of July, the market demand was hot in August. Various reports suggest that Tesla’s sales volume in China is expected to reach 77,000 units in August.”

In addition, many consumers have found that the delivery time of Tesla vehicles has been shortened recently in China. Taking the Model Y rear-wheel drive version as an example, its delivery time has been shortened to 1-4 weeks.

Tesla previously disclosed its financial report for the second quarter of 2022, showing that its Shanghai Gigafactory has an annual production capacity of over 750,000 vehicles. This is the firm’s highest capacity at present. The California factory has an annual production capacity of 650,000 vehicles, while the Berlin and Texas facilities have capacities of over 250,000 vehicles.

Tesla CEO Elon Musk previously said at a shareholders’ meeting that he hoped the firm could produce cars with an annual output of 2 million vehicles by the end of 2022, and that they might announce another factory location in 2022. He said that Tesla is going to build 10 to 12 Gigafactories, each of which will produce 1.5-2 million electric vehicles, with an annual output of about 20 million vehicles.

SEE ALSO: NETA Auto Tops Delivery Volume Ranking of Chinese NEV Companies in August

It is worth noting that on September 1, mainstream new Chinese brands of new energy vehicles announced their sales data in August. NETA Auto, a second-tier brand of new carmakers, once again became the monthly sales champion with the delivery volume of 16,000 vehicles, and Leapmotor ranked second with 12,000 vehicles, while NIO surpassed XPeng Motors and Li Auto and won third place.