China: Tesla MIC Model 3 Production Surged In October11/13/2020
Sales seems to remain stable, as part of the production is now for export.
According to the latest data from China, the Made-in-China (MIC) Tesla Model 3 production almost doubled in October!
The production volume was 22,929, which is over 10,000 more than in September. That would also suggest that Tesla Giga Shanghai is running at 5,000+ per week.
The total MIC sales* amounted to about 12,143 according to China Passenger Car Association (CPCA), via Moneyball.
* CPCA reports wholesale shipments, not registrations/deliveries.
The difference between production and sales also indicate how big of a part of the production is envisioned for export (currently mostly to Europe), which started in late October.
It will be very interesting to see the long-term demand for the Model 3 in China – October was the second-best month ever.
Made-in-China (MIC) Tesla Model 3 sales – October 2020
The estimated wholesale shipment year-to-date exceeded 92,600 MIC Model 3.
Tesla results in China:
Made-in-China (MIC) Tesla Model 3 results according to CPCA (sales), MIIT/EVProbe (production):
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