In February, 2021, 97,000 electric cars were sold in China according to China Passenger Car Association ( CPCA). This was up 7X from COVID February 2020 but a 38% decline from January. Tesla sold 18,318 Shanghai-made Model 3s and Model Ys last month. Tesla produced 23,632 cars in China in February.
Chinese new year shut down the Tesla factory in China for one week. Gigafactory Shanghai was only in operation for 21 days.
Car sales are usually weakest in the first quarter of the year.
CLS and several other Chinese agencies reported 15,484 as MIC M3 sales.
However, CPCA in its report cited 15,484 as Tesla China sales, it did not specify models. https://t.co/fMPmeW9SRn
— Moneyball (@DKurac) February 8, 2021
The Dec, 2020 end of year surged to 23,804. December is usually the strongest month for car sales.
SOURCES- Teslarati, Moneyball Twitter
Written By Brian Wang, Nextbigfuture.com (Brian owns shares of Tesla)
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
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