Tesla China-Made EV Wholesale Sales Exceeded 93,000 In June 2023 via InsideEVs
According to the China Passenger Car Association 's initial data, the overall wholesale vehicle shipments last month amounted to 93,680 units.* CPCA reports wholesale shipments, not registrations/customer deliveries.
The recent result, and the continuous year-over-year growth so far this year, indicate that Tesla's price reduction and other incentives were more than enough to keep the Tesla Giga Shanghai busy. Export to new markets, like Canada, also contributed to the growth. During the second quarter of 2023, Tesla's wholesale vehicle shipments of the Made-in-China Model 3 and Model Y amounted to 247,217 ., although we must remember that deliveries and wholesale numbers are not an apples-to-apples comparison, but just a very rough indicator. The main conclusion is that the plant in Shanghai is crucial for Tesla's results.
So far this year, the total wholesales of MIC cars increase by almost 62 percent year-over-year to 476,539. It's worth noting also that the 12-month rolling volume is approaching 900,000 units, proving that the Tesla Giga Shanghai plant is the world's largest electric car manufacturing plant, with a potential peak output believed to be noticeably above 1 million units annually.
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