{"id":50492,"date":"2023-10-12T18:19:59","date_gmt":"2023-10-12T18:19:59","guid":{"rendered":"https:\/\/myroadnews.com\/?p=50492"},"modified":"2023-10-12T18:19:59","modified_gmt":"2023-10-12T18:19:59","slug":"china-tesla-increased-ev-exports-but-retail-sales-fell-in-september-2023","status":"publish","type":"post","link":"https:\/\/myroadnews.com\/electric-cars\/china-tesla-increased-ev-exports-but-retail-sales-fell-in-september-2023\/","title":{"rendered":"China: Tesla Increased EV Exports, But Retail Sales Fell In September 2023"},"content":{"rendered":"

New sales data from China reveals that September was a very unusual month for Tesla, which noted a sharp decrease in retail Model 3 sales, likely related to the upcoming switch to a new version.<\/p>\n

According to the China Passenger Car Association’s (CPCA) data, the overall volume of Tesla MIC Model 3\/Model Y wholesale vehicle shipments last month amounted to 74,073 units, which is nearly 11 percent less than a year ago.<\/p>\n

Out of that, retail sales accounted for 43,507 units (down 44 percent year-over-year), while exports accounted for 30,566 (increased by 453 percent year-over-year).<\/p>\n

* CPCA reports wholesale shipments, not registrations\/customer deliveries.<\/em><\/p>\n

It’s pretty interesting because the last month of a quarter is usually focused on retail sales, which significantly exceed exports (by over 50,000 or even over 60,000 units).<\/p>\n

It seems that, in September, Tesla boosted its exports to a record level among all final months of a quarter, while the factory in Shanghai was preparing for production of the significantly upgraded Model 3 (code name Highland), which will enter the Chinese (and the European market) in the fourth quarter.<\/p>\n

Tesla MIC BEV wholesale vehicle shipments last month (YOY change):<\/p>\n