Despite the negative narrative Tesla China just achieved some notable milestones. I want to tell you the story so you may know it and share it with your friends.
The narrative surrounding Tesla China today may be dominated by concerns surrounding the company’s alleged demand issues, but the electric vehicle maker Tesla is achieving some notable milestones in its own right. This was hinted at in the local production figures of the Made-in-China Model Y, which exceeded an extremely formidable opponent last month.
The Tesla Model Y, however, turned out to be a different story, and this became particularly noticeable in November. As per local production numbers listed in vehicle data service platform Daas-Auto in China, Model Y production in Giga Shanghai actually overtook the production of the Hongguang Mini EV. In November, Tesla China produced 56,105 Model Y units, while SAIC-GM-Wuling produced 41,181 units of the Hongguang Mini EV.
For now Tesla's only competition is China's BYD. We know BYD will be big in its home market of China, but will it do as well in the rest of the world?
TESLA MODEL Y BEATS OUT HONGGUANG MINIAnd tops the production gable for ALL vehicles in China https://t.co/ZW9GRCO6TD— JPR007 (@jpr007) December 20, 2022
Speaking of Model Y and Mini EV: When you take the price difference into account this is really amazing.
Armen Hareyan is the founder and the Editor in Chief of Torque News. He founded TorqueNews.com in 2010, which since then has been publishing expert news and analysis about the automotive industry. He can be reached at Torque News Twitter, Facebok, Linkedin and Youtube.
