Tesla’s domestic car sales rebounded in July, up 15.3% year-on-year

Gaishi Automobile News In July, shipments at Tesla’s Shanghai factory finally rebounded after four months.

According to preliminary data recently released by the Passenger Transport Association, Tesla’s domestic Model 3 and Model Y sales (including domestic sales and exports) increased by 15.

3% year-on-year to 74,117 vehicles last month.

the month-on-month increase also increased by 4.4%. Compared with the continued decline in previous months, Tesla’s performance in July is a positive sign.

But it is too early to say that Tesla has solved the problem of slowing demand, because Tesla’s current production speed in China is still lower than in the first seven months of last year, which reflects the company’s demand problems, and the market situation is still full of challenges.

In the same month, sales of new energy passenger vehicles by Tesla’s largest competitor BYD increased by 30.

5% year-on-year, reaching a monthly high of 340,799 vehicles, mainly due to the strong performance of Dynasty Dynasty and Haiyang. com. In addition, the performance of Ideal Cars is also very outstanding.

Driven by the popularity of its extended-range electric vehicles, its car sales in July were 51,000 units, an increase of nearly 50% from the same period last year and a month-on-month increase of 6.8%. From an industry-wide perspective, sales of new energy vehicles in China (including plug-in hybrid vehicles and pure electric vehicles) increased by 29% compared with the same period last year, thanks to the Chinese government’s increase in subsidies for clunkers.

In the first seven months of this year, Tesla’s total wholesale sales of domestically produced vehicles were 500,740 units, a decrease of 7.

4% from the same period last year.

In contrast, BYD’s total sales of new energy passenger vehicles during the same period surged 29% year-on-year.

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Link to this article: https://evcnd.com/teslas-domestic-car-sales-rebounded-in-july-up-15-3-year-on-year/

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