Tesla sold 82,432 China-made vehicles in November, up 14% MoM

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Tesla China sold 82,432 cars made in the Shanghai Giga factory in November, up 14.31% from October and 17.81% down from some month last year. Those numbers include both domestic sales and export.

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Tesla China doesn’t report monthly numbers. Fortunately, the China Passenger Car Association (CPCA) does it every month, revealing the performance of the Shanghai plant.

For Tesla China, it is much-awaited growth after two months of decline as the Shanghai plant has been under a lot of pressure. In September, it had to change tooling and adjust production lines for the facelifted 2024 Model 3 production and the China-only updated Model Y. Moreover, dozens of electric mid-size sedans made by domestic automakers hit the market last year to compete with Model 3, such as the new Deepal SL03, Huawei Luxeed S7, and new BYD Seal.

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In 2023 (January – November), Tesla sold 853,603 China-made vehicles so far, 30% more than in the same period last year. The plant’s production capacity is 950,000 EVs annually, and it currently assembles only Model 3 sedans and Model Y SUVs.

Despite the price war in China, Tesla has shown confidence in the last months. In September, it was revealed that the updated Model 3 Highland is 12% more expensive than the older version. However, most of the new Model 3 production is currently exported outside China, and Tesla China sales rely heavily on Model Y SUVs.

In November, Tesla slightly increased the price of their cars four times. On November 9, the new Model 3 Long Range and Model Y AWD Long Range got a price hike of 1,500 yuan (210 USD) and 2,500 yuan (350), respectively.

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On November 14, Model 3 RWD and Model Y RWD got a price increase of 1,500 yuan and 2,500 yuan, respectively. On November 21, Model Y AWD Long Range got another 2,000 yuans hike.

Finally, on November 28, Tesla increased the price of Model Y LR by another 2,000 yuan. The current prices of the Tesla lineup in China are as follows:

  • Model Y RWD: 266,400 yuan
    • 554 km CLTC range
    • 0-100 km/h in 5.9 seconds
  • Model Y AWD Long Range: 306,400 yuan
    • 688 km CLTC range
    • 0-100 k/h acceleration 5.0 seconds
  • Model Y AWD Performance: 363,900 yuan
    • 615 km CLTC range
    • 0-100 km/h acceleration in 3.7 seconds
    • top speed 250 km/h
  • Model 3 RWD 261,400 yuan (35,800 USD)
    • 606 km CLTC range
    • 0-100 km/h in 6.1 seconds
  • Model 3 AWD Long Range 297,400 yuan (40,800 USD)
    • 713 km CLTC range
    • 0-100 km/h in 4.4 seconds

The Model 3 sedan and Model Y SUV prices are almost on par in China since the 2024 Model 3 was launched in September with a 12% higher price than the previous version.

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