China May 2020: Tesla Model 3 Production And Sales Above 11,000 [BYD #2 at 7,395]

[Hamartia Antidote]

Elon Musk taking the China market by storm!

https://insideevs.com/news/427576/china-may-2020-tesla-model-3-sales/

Made-in-China (MIC) Tesla Model 3 sales in China did not disappoint in May. The China Passenger Car Association (CPCA) reports sales (wholesale shipments, not registrations/deliveries) of 11,095, which is the highest monthly result so far and three times higher than April.

The production was also high, at 11,501 according to the Ministry of Industry and Information Technology (MIIT) via Moneyball.

Even despite those not being registrations/deliveries, it seems that the Model 3 once again will be the top New Energy Vehicle in China by a huge margin.

Made-in-China (MIC) Tesla Model 3 results according to CPCA (sales) and MIIT (production):

• May 2020: production - 11,501, sales - 11,095
• April 2020: production - 11,211, sales - 3,635
• March 2020: production - 10,158, sales - 10,160
• February 2020: sales - 3,900
• January 2020: sales - 2,620
• December 2019: start of production

A comparison of production shows that BYD was #2 with 7,395 plug-ins.

https://twitter.com/x/status/1269926050798071811

The overall New Energy Vehicle market seems to have improved by 19.5% month-over-month, and it was now "only" 26% below May 2019.

• 70,200 (down 25.8% year-over-year)
  BEVs: 56,000 (down 27% year-over-year)
  PHEVs: 14,000 (down 31% year-over-year)

https://twitter.com/x/status/1269911645427388418

The passenger car market noted a gain over May 2019, which is even better:

• 1.639 million (up 1.9% year-over-year)
  NEVs at 70,200 took 4.3% market share

https://twitter.com/x/status/1269915986129379328

 

[Hamartia Antidote]

@AZADPAKISTAN2009 Tesla is just pulling away from the pack.

 

[Hamartia Antidote]

 

[Leishangthem]

BYD han has the potential to surpass model 3 sales in China. The upcoming lineup of EV is very competitive.
Tesla has been having it easy in China until now.

 

[Kai Liu]

Probably Tesla should sell some to the beggar land like the jungle or the slum if they can ever afford it...lol...

 

[Han Patriot]

Elon Musk taking the China market by storm!

https://insideevs.com/news/427576/china-may-2020-tesla-model-3-sales/

View attachment 639893

Made-in-China (MIC) Tesla Model 3 sales in China did not disappoint in May. The China Passenger Car Association (CPCA) reports sales (wholesale shipments, not registrations/deliveries) of 11,095, which is the highest monthly result so far and three times higher than April.

The production was also high, at 11,501 according to the Ministry of Industry and Information Technology (MIIT) via Moneyball.

Even despite those not being registrations/deliveries, it seems that the Model 3 once again will be the top New Energy Vehicle in China by a huge margin.

Made-in-China (MIC) Tesla Model 3 results according to CPCA (sales) and MIIT (production):

• May 2020: production - 11,501, sales - 11,095
• April 2020: production - 11,211, sales - 3,635
• March 2020: production - 10,158, sales - 10,160
• February 2020: sales - 3,900
• January 2020: sales - 2,620
• December 2019: start of production

A comparison of production shows that BYD was #2 with 7,395 plug-ins.

https://twitter.com/x/status/1269926050798071811

The overall New Energy Vehicle market seems to have improved by 19.5% month-over-month, and it was now "only" 26% below May 2019.

• 70,200 (down 25.8% year-over-year)
  BEVs: 56,000 (down 27% year-over-year)
  PHEVs: 14,000 (down 31% year-over-year)

https://twitter.com/x/status/1269911645427388418

The passenger car market noted a gain over May 2019, which is even better:

• 1.639 million (up 1.9% year-over-year)
  NEVs at 70,200 took 4.3% market share

https://twitter.com/x/status/1269915986129379328

But China is collapsing mate?

 

[Kai Liu]

But China is collapsing mate?

This guy must have a very complicated feeling...

 

[Han Patriot]

This guy must have a very complicated feeling...

I bet he thinks China uses money to fake the purchase and show the world we are growing. Lololpl

 

[Kai Liu]

I bet he thinks China uses money to fake the purchase and show the world we are growing. Lololpl

Yep. To be honest I also have mixed feelings as an enthusiast and fun of domestic EV players like BYD, NIO and Xpeng, etc. I wish domestic companies to take larger shares, but at the same time I also feel happy about so many people can afford expensive cars. Tesla are just another car now, I can see many on the road when I drive, and several parked in my community. I would like to see our EV companies shining, however, it is just minor things in comparison, as they can gain market by offering more and more competitive products especially with reduced subsidies, and this is exactly what they are doing right now. But I feel much much much happier to see our economy recovered so soon and is booming again!

 

[ILC]

Electric car sales is still in trouble especially with low oil prices. It needs more years of development to be competitive without subsidies.

 

[Beast]

BYD han has the potential to surpass model 3 sales in China. The upcoming lineup of EV is very competitive.
Tesla has been having it easy in China until now.

Not only that Xpeng P7 starts selling in June 2020.

 

[Han Patriot]

Yep. To be honest I also have mixed feelings as an enthusiast and fun of domestic EV players like BYD, NIO and Xpeng, etc. I wish domestic companies to take larger shares, but at the same time I also feel happy about so many people can afford expensive cars. Tesla are just another car now, I can see many on the road when I drive, and several parked in my community. I would like to see our EV companies shining, however, it is just minor things in comparison, as they can gain market by offering more and more competitive products especially with reduced subsidies, and this is exactly what they are doing right now. But I feel much much much happier to see our economy recovered so soon and is booming again!

China is an open economy, if BYD has to learn to compete, market and do proper branding. They already have the quality and technology, learn to sell and market like Tesla. Subsidized by printed wall street money for a decade and now thanks to China is making some profit.

 

[Viet]

Tesla should build a factory in Vietnam.

 

[Kai Liu]

Tesla should build a factory in Vietnam.

And then have a single digit sale...

 

[Beast]

Yep. To be honest I also have mixed feelings as an enthusiast and fun of domestic EV players like BYD, NIO and Xpeng, etc. I wish domestic companies to take larger shares, but at the same time I also feel happy about so many people can afford expensive cars. Tesla are just another car now, I can see many on the road when I drive, and several parked in my community. I would like to see our EV companies shining, however, it is just minor things in comparison, as they can gain market by offering more and more competitive products especially with reduced subsidies, and this is exactly what they are doing right now. But I feel much much much happier to see our economy recovered so soon and is booming again!

They just start to field much superior spec car. Previous Chinese EV are nothing to be excited. But this Xpeng P7 and BYD Hans are special. They have some world beating spec from longest range to most safe battery.

The only unfortunate is they are launching abit late behind Tesla 3. The battle just begin.

Tesla should build a factory in Vietnam.

To them Vietnam is nothing.