In lieu of the current global pandemic, the China Passenger Car Association (CPCA) and the China Association of Automobile Manufacturers (CAAM) released new data that shows the Chinese auto market has increased by 12%.
So where does Tesla land in these new datas? The California-based automaker maintained about the same level of sales month-to-month. However, surprisingly enough, Tesla managed to impress as far as its vehicle production. According to the CPCA, Tesla managed to increase month-over-month production by 10,000 cars with close to 23,000 cars coming from Gigafactory Shanghai.
Tesla originally announced plans to build vehicles in China to supply domestic demand in the country. In September reports came out indicating that Tesla was planning to start exporting made-in-China Model 3 vehicles to other markets. Soon after we learned of the first 7,000 made-in-China Model 3 cars being shipped to Europe.
With the rapid market recovery occurring in China, and Tesla’s sudden production surge, it could explain why Tesla changed its strategy so quickly.