Tesla’s sales in China boomed in September as the US electric vehicle (EV) maker sold a record 56,006 China-made vehicles. Only 3,853 of that total were exported, according to a Chinese Passenger Car Association (CPCA) report released Tuesday 12 October, according to Reuters and multiple other reports. "China demand rebounded in the quarter and is (a) clear indicator of the step up in EV demand taking place globally with China leading the way," wrote Wedbush analyst Daniel Ives in a client note that he provided to Capital.com. Tesla’s sales in the world’s largest market rose 26.53% from 44,264 in August, with a record 31,379 of those exported. September sales point to upward trend “Selling (more than 50,000 in the month for the key China region speaks to huge trajectory that highlights our bull China thesis for Tesla for the next few years,” wrote Ives. The CPCA said the country’s overall passenger car sales declined 17% year-over-year to 1.6 million in September. So far this year, EV production and sales are outpacing their conventional-vehicle counterparts, according to a China Association of Automobile Manufacturers (CAAM) report released Tuesday. China’s EV car production spikes China’s EV passenger car production spiked 189% year-over-year to 275,000 from 95,000 in September 2020, while sales skyrocketed 181% year-over-year to 281,000 from 100,000. Those totals were up 15.5% and 11.8%, respectively from August. Overall Chinese auto production down By comparison, China’s total passenger car production fell 13.6% year-over-year to 176,700 units from 204,500 as manufacturers grappled with the global microchip shortage that has forced temporary plant shutdowns and slowdowns. Meanwhile, China’s total passenger car sales dropped 16.4% to 175,100 from 208,800. On a monthly basis, total passenger car production rose 18.1% to 176,700, while sales jumped 12.8% to 175,100. Using wording similar to a recent http://www.news.cn/english/2021-10/06/c_1310228756.htm from China’s official news agency Xinhua, the CAAM said Chinese EVs are gaining more footing in overseas markets – including Europe, where green transportation is growing rapidly. The group noted in a press release that EV maker NIO opened a showroom in Oslo, Norway – “the first of its kind” – last week. The CAAM and Xinhua say artificial intelligence is a major feature of many Chinese EVs. With tech companies entering the EV sector, competition surrounding AI is expected to become more intense. Read More: Li Auto posts wider loss as EV market crackdown looms