Tesla China

Tesla’s electric vehicle sales and exports in China have come back up to pre-shutdown output levels with 77,000 units delivered in August, according to the latest statistics.

Tesla’s (TSLA) sales in China are down more than 60% month-to-month in July, but Gigafactory Shanghai’s planned upgrade is to blame.

Tesla has managed to deliver over 65,000 vehicles produced at Gigafactory Shanghai in March, an impressive output representing 100% year-over-year growth, despite the factory shutdown.

Guangdong Hongtu Technology (GHT), a part supplier to Chinese EV automakers like NIO and XPeng, announced it will begin developing a 12,000-ton die-casting unit with the help of Tesla supplier LK Technology. Recent responses from representatives at NIO and XPeng hint that they might soon be using GHT’s large, one-piece die-casting machines to manufacture their own EVs.

Tesla’s sales numbers for December in China are in, and it shows another record month of deliveries and confirmed that almost half of Tesla’s record year of production and deliveries came from Gigafactory Shanghai.

For the last three months, Tesla has maintained an impressive output of over 50,000 electric cars a month in China, showing that Gigafactory Shanghai could potentially reach an annual capacity of 600,000 electric cars.

According to a statement from China’s State Administration for Market Regulation (SAMR), Tesla Shanghai filed a recall plan for 21,599 Model Y EVs manufactured in the country. The automaker cited issues pertaining to the strength of front and rear steering knuckles, stating they may not meet the automaker’s design requirements.

After teasing the move earlier this week, Tesla has begun deliveries of the Performance Model Y in China. The move comes with price hikes to the other Tesla models as the American automaker has fallen victim to continued supply chain issues.

Tesla’s numbers in China are out today, and the automaker has managed to maintain its impressive output with over 54,000 electric vehicles last month.

Over the weekend, US automaker Ford unveiled a new, long-range RWD version of its Mustang Mach-E in China, priced at 282,000 yuan ($43,450) to qualify for state-led subsidies. This long-range SE version of Ford’s Mach-E is the fifth to see the EV market in China, but only the second priced low enough to qualify for subsidies.

Chinese EV automaker XPeng Motors has shared pricing on its upcoming P5 sedan, and it’s quite ambitious. The automaker has officially begun accepting pre-orders on the P5, and has shared that the pricing will begin at 160,000 yuan ($24,650), significantly lower than competitor Tesla’s Model 3, which starts at 250,900 yuan ($38,650) in China.

Tesla China is notifying customers that, due to the coronavirus outbreak currently happening in that country, all Tesla vehicles will have free supercharging to facilitate travel until the outbreak is resolved.

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Phase One of the new US-China trade deal was signed last week, and its unconventional approach is likely to lead to a nice jolt for Tesla Model X and S sales from California to China.

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Tesla announced plans to build a design studio and R&D center in China in order to build a car and in the announcement, it released a new design drawing. Expand
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Tesla officially completed its 300th Supercharger Station in China and confirmed the first V3 Station in China is under construction. Last month we reported that Tesla is planning a massive charging infrastructure expansion in China ahead of the expected increase in vehicle sales due to volume production at Gigafactory 3… Expand
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As we reported yesterday, Tesla is preparing a massive push in China as import duties fall and local manufacturing is coming.

Now Tesla is already lowering its price by 40,000 yuan to 90,000 yuan (~$6,000 to ~$14,000 USD) depending on the model. Expand
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Unlike most foreign automakers in China, Tesla has yet to establish local production and still solely relies on exporting its vehicles from California to the largest auto market in the world.

Nonetheless, Tesla managed to double its sales in China last year as it is significantly expanding its presence in the country. Expand
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Earlier this month, Tesla CEO Elon Musk elaborated on the automaker’s plans to establish manufacturing capacity in China with a new factory in the country within the next 3 years.

Ahead of those plans, Tesla is now establishing a new company in the country for research and development, according to a new government filing. Expand
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There have been several false alarms over the past few years about Tesla building a factory in China. Earlier this year, Tesla finally confirmed working with the Shanghai government to establish a manufacturing facility in the region and promised an announcement by the end of the year.

Now the Wall Street Journal reports that they have come to an agreement with the local authorities on a “wholly owned” factory in the region. Expand
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While Tesla is undoubtedly looking for new locations to build upcoming new Gigafactories and that one in China is likely, Tesla has been shutting down recent rumors about deals to establish manufacturing capacity in the country.

Now yet another rumor about a factory, this time in Shanghai, emerged today. Expand
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Tesla China tripled its sales in 2016 to over $1 billion with over 11,000 deliveries and they continued their streak during the first quarter 2017 with a record quarter.

In order to support its growth, the company is expanding in the country with new Supercharger stations and new stores. Expand
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