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China: Tesla EV Sales Significantly Increased In August 2022

News Snapshot:

In line with preliminary reports and expectations, Tesla has significantly increased production output at the Tesla Giga Shanghai plant in China, which translated into a near-record result in August. Last month, the total Made-in-China (MIC) Tesla volume (retail sales in China and export) – according to the China Passenger Car Association (CPCA)’s data – amounted to 76,965 units, which is 74% more than a year ago. This result was expected in early September. * CPCA reports wholesale shipments, not registrations/customer deliveries. Tesla announced in July that its Chinese plant can produce more than 750,000 Model 3/Model Y annually . After…

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