Automaker Tesla shipped about 88,321 Model 3 sedans and Model Y SUVs from its China plant in September, up 19%. compared with the same period last year, according to preliminary data released Wednesday by China’s Passenger Car Association, Bloomberg reported.
Thanks to this the total number of cars sold in the third quarter in China was 249,135which is higher than the previous peak that Tesla achieved in the last quarter of 2023. Back then, Tesla sold 248,686 cars in China, 449 fewer than today – according to Bloomberg calculations.
Tesla’s deliveries to China hit a new quarterly high / Bloomberg
Sales driven by subsidies
Tesla and other electric vehicle manufacturers in China benefited from 20,000. yuan ($2,830) government subsidy encouraging drivers to trade in their old cars for new electric vehicles – reminds Bloomberg.
Analysts expect that the increase may continue in Octoberas Beijing launched a stimulus package in late September and the week-long national holiday that ended on October 7 drew crowds to car showrooms.
There is no global record
Despite record sales in China, Tesla’s global deliveries did not reach record levels in the third quarter. In the third quarter of this year, the manufacturer delivered 462,890 vehicles to customers around the worldwhile in its best quarter ever, Tesla sold over 1,000 more cars (463,900 vehicles).