Tesla Inc Sales Data, Trends & Analysis for the Chinese Automotive Market
Tesla car sales in China have been growing rapidly in recent years. In 2022, Tesla sold over 750,000 vehicles in China, making it the best-selling electric vehicle (EV) automaker in the country. This represents an increase of 120% over Tesla’s sales in 2021. Tesla’s presence in China is also growing. The company has a Gigafactory in Shanghai, which is the world’s largest EV factory. Tesla also has a number of retail stores and service centers in China.
Tesla Inc China Sales Figures & Recent Highlights
Tesla’s growth in the Chinese market is expected to continue in the coming years. The company is planning to expand its production capacity in Shanghai and build new factories in other parts of China. Tesla is also developing new EV models, such as the Cybertruck and the Semi, which are expected to be popular in China.
The Chinese government has been supportive of the EV industry, and it has implemented a number of policies to promote the adoption of EVs. Tesla has developed a strong local supply chain in China, which helps to reduce the cost of its vehicles. Tesla has run effective marketing campaigns in China, which have helped to build brand awareness and generate demand for its vehicles.
Tesla is well-positioned to continue its growth in the Chinese market in the coming years. The company has a strong brand reputation, a growing product lineup, and a commitment to expanding its production capacity and supply chain in China.
Tesla Inc Annual Sales, Growth & Market Share in China
Below we have a table that shows total Tesla Inc sales volumes for the Chinese automotive market, broken out by year. This data captures all Tesla Inc sales for the entire Chinese automotive market, including sub-brands.
| Year | Sales | YOY Change | Marketshare | Marketshare Change |
|---|---|---|---|---|
| 2020 | 135,449 | 0.00 | 0.73 | 0.00 |
| 2021 | 473,103 | 249.28 | 2.34 | 69.02 |
| 2022 | 555,740 | 17.47 | 2.69 | 12.91 |
Tesla Inc China Annual Sales Units & Growth Chart
Below is a visual representation of Tesla Inc’s Chinese sales units over time. We have both the Tesla Inc sales units and the growth in the Chinese market. Click on the items in the legend to see each series by itself.
Tesla Inc China Growth Rate & Market Share Chart
Below is the annual growth rate for the Tesla Inc in China, shown against the Tesla Inc’s marketshare changes in China. This gives you a good look into how the Tesla Inc has faired against the other brands in terms of absolute sales and effect on marketshare. Click on the items in the legend to see each series by itself.
