Sales exceeded 100,000, ranking first in each market segment in terms of market share| Model Y terminal sales competitiveness analysis in the first quarter

According to Gaishi forecast data, Model Y terminal sales in March 2024 were 46,754 units, a year-on-year decrease of 13.

87%, and a month-on-month increase of 89.53%. The cumulative sales in the first quarter were 102,580 units, a year-on-year increase of 9.57%. Among them, the city with the highest sales volume is Suzhou City, with 15,789 vehicles sold in the first quarter and a new energy penetration rate of 51.4%. Other new energy penetration rates include Shenzhen City, Hangzhou City and Guangzhou City.

(For more passenger car production and sales data, please check the Gesi Automobile Production and Sales Forecast Database.

) As a medium-sized SUV,Model Y has become the world’s best-selling brand with its excellent cruising range, excellent performance and leading intelligent driving technology.

Pure electric vehicles and occupy a prominent position in various market segments in China.

In the first quarter of 2024, Model Y’s share in the pure electric vehicle market is 10.

2%, and its share in the B-class vehicle market is 7.73%. Among the models in the price range of 250,000 – 300,000 yuan, its market share is as high as 27.

99%, ranking first.

, The market success of Model Y is inseparable from its strong supply system support.

As the leading force behind it, Tesla has demonstrated strong independent research and development capabilities, ensuring the independent supply of core components including forward-looking cameras, driving ADAS, intelligent driving domain controllers, and cockpit domain controllers.

In addition, NavInfo/Baidu provides in-vehicle map services.

Ningde Times, LG New Energy and Panasonic supply battery cells, which are key components of battery packs, ensuring efficient energy utilization of vehicles.

Bosch, Joyson Electronics and other suppliers provide advanced electric power steering EPS and human-computer interaction technology.

With their strong technical support and high-quality product services, these core suppliers have jointly laid a solid foundation for the success of Tesla Model Y.

(Click to view detailed information of ModeI Y’s core parts and supporting suppliers, including main products, supporting customers, etc.

) Looking to the future, with the continued deepening of the Tesla brand and the continuous growth of consumer demand, Model Y is expected to continue to consolidate its leading position in the Chinese market.

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