The Tesla sales, which include exports from China to overseas markets, were up 8.17 percent year-on-year, but down 24.1 percent from December.
Tesla (NASDAQ: TSLA) saw sales of its China-made vehicles decline last month from December, as China’s major electric vehicle (EV) makers mostly saw lower sales due to seasonal factors.
The US EV maker sold 71,447 China-made vehicles in January, according to data released today by the China Passenger Car Association (CPCA).
The monthly sales, which include exports from China to overseas markets, were up 8.17 percent from 66,051 in the same month last year, but down 24.1 percent from 94,139 in December.
Tesla has a factory in Shanghai that currently has an annual production capacity of more than 950,000 vehicles, its largest in the world.
The plant produces the Model 3 sedan and Model Y crossover, and not only delivers to local consumers, but is also an export hub for Tesla. A breakdown of local deliveries and exports is not available at this time.
Tesla’s pattern is to produce cars for export in the first half of the quarter and for the local market in the second half, the company had previously said.
The beginning of the year is usually a slow season for auto sales in China, and the CPCA expects wholesale sales of passenger new energy vehicles (NEVs) in the country to be 700,000 in January, up 80 percent from a year earlier but down 37 percent from December.
China’s major EV makers reported January deliveries yesterday, and mostly saw declines.
BYD (OTCMKTS: BYDDF) sold 201,493 NEVs in January, up 33.14 percent year-on-year but down 40.92 percent from December.
Nio (NYSE: NIO) delivered 10,055 vehicles in January, up 18.21 percent from a year earlier, but down 44.18 percent from December.
Xpeng (NYSE: XPEV) delivered 8,250 vehicles in January, up 58.11 percent from a year ago but down 58.99 percent from December.
Li Auto (NASDAQ: LI) delivered 31,165 vehicles in January, up 105.83 percent year-on-year but down 38.11 percent from December.
Tesla offers $1,110 discount on some Model Y stock cars in China
