Tesla Model Y is performing excellently in China’s SUV market
It appears that the Tesla Model Y is still a very notable presence in China’s SUV market. From January to August 2024, the all-electric crossover appears to have become China’s best-selling SUV, battery-electric or otherwise.
Based on data compiled by Yiche, the Tesla Model Y sold a total of 292,489 units in the Chinese domestic auto sector from January to August 2024. China’s next two best-selling SUVs—the BYD Song Plus New Energy and the BYD Yuan Plus—sold 245,435 units and 169,960 units in the same period, respectively.
$TSLA
Tesla Model Y is also the best-selling SUV in China.
(YTD: Jan ~ Aug) pic.twitter.com/VZbh2zvc4l— Tsla Chan (@Tslachan) September 20, 2024
The reengineered Tesla Model 3 is also performing relatively well in the Chinese domestic market, with the vehicle selling 99,198 units from January to August 2024. This may be partly due to the exports of the Model 3 to foreign territories, since Giga Shanghai is only one of two Tesla factories that are currently producing the revamped all-electric sedan for the global market.
Tesla China seems to be gaining some momentum this Q3 2024, with the electric vehicle maker’s new vehicle registrations proving quite strong in recent weeks. In the week ending September 8, for example, Tesla China saw 16,200 new vehicle registrations, and in the week ending September 15, the company saw 15,600 registrations. If the electric vehicle maker maintains this pace until the end of the quarter, Tesla China’s Q3 2024 results could prove to be quite impressive.
Top 20 Vehicle Sales by Segment (January to August 2024)
According to data compiled by Yiche from terminal sales (excluding imported cars):
•The top 3 best-selling sedans are Qin PLUS New Energy, Seagull, and Sylphy, with sales of 322,205, 242,039, and 213,420 units… pic.twitter.com/jxqN2x0L7U
— DriveGreenLiveGreen (@DriveGreen80167) September 20, 2024
What is quite remarkable is that Tesla is performing very well in key markets like China with a very limited number of products. The same is true for other markets like the United States. Recent data suggests that the Model Y is within striking distance of becoming the U.S.’ best-selling vehicle, with a market share of 2.8% through Q2. This puts the Model Y just a hair below the Toyota RAV4, the country’s best-selling car through the second quarter.
Don’t hesitate to contact us with news tips. Just send a message to simon@teslarati.com to give us a heads up.
The post Tesla Model Y is performing excellently in China’s SUV market appeared first on TESLARATI.
Source: https://www.teslarati.com/tesla-model-y-dominates-china-suv-market-jan-aug-2024/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.