Key facts
- Tesla's China-made EV sales grew 24.4% year-on-year in June.
- Deliveries from Tesla's Shanghai plant reached 89,091 units in June.
- Chinese EV manufacturers BYD, NIO, Li Auto, and Xpeng are setting new monthly sales records.
- New technologies and government support are driving sales for Chinese EV makers.
Tesla's sales of China-made electric vehicles, including Model 3 and Model Y produced at its Shanghai plant, increased by 24.4% year-on-year in June, reaching 89,091 units. This growth was supported by an extended recovery in the automaker's European sales, as the Shanghai facility also serves as an export hub. The increase follows a 39.4% gain in May.
Meanwhile, Chinese EV manufacturers such as BYD, NIO, Li Auto, and Xpeng are achieving record monthly sales. This surge is attributed to their adoption of new technologies and bolstered by government support, enabling them to effectively challenge Tesla's market position within China.