The Tesla Model Y continues to be a popular choice among Chinese consumers. The electric SUV was the second best-selling EV in China in October, surpassed only by a $5,000 sub-compact EV.
According to data from the China Passenger Car Association (CPCA), Tesla sold a total of 13,303 Model Y cars last month.
That was second to the Wuling Hongguang Mini EV, a budget EV that doesn’t even have airbags but is extremely popular in China due to its low price, which accumulated 47,834 sales in October.
Yesterday Tesla China reported their wholesale figures for October, selling 54,391 vehicles made out of Giga Shanghai. Of those, 40,666 were destined for export, meaning domestic sales in China for the Model 3 were just 422 units.
As we reported yesterday, the low numbers for China should not be a cause for concern. Giga Shanghai is Tesla’s primary vehicle export hub, and as such production in the first month of a quarter is prioritized for other markets.
Domestic volume will pick up again over the next two months, and the figures could be even higher with the first deliveries of the Model Y Performance.
The company also saw a recent surge in orders after offering a 0% down payment option, which was pulled from the website just three days later due to its popularity.
Tesla China cancels 0% down financing offer after just three days
