Tesla Giga Shanghai is keeping up its capacity growth in production. Thanks to diligent work, the facility set a new output record in November. The triumph of Giga Shanghai enhances Tesla’s clout in global auto markets.
In China, the market for electric cars is still expanding. As per the local manufacturers organisation CAAM, over a million electric vehicles were sold in the country for the first time in November. It is important to note that new energy vehicles (NEVs) also include plug-in hybrids. About seventy percent of purchases in November were made up of pure electric automobiles.
In 2023, China sold 8.3 million NEVs, a 36.7 percent increase from the same period the previous year. Within the sector, plug-in hybrid sales surged 83.5 percent, while sales of battery-powered vehicles increased 23.6 percent to 5.86 million. Although BYD is the market leader in China, Tesla is also in a good position.
In November, 82,432 Model 3s and Model Ys were sold by Tesla Giga Shanghai. That was more than in September and October of this year, but it was down 18% from a year ago when it sold more than 100,000 copies for the first time. One noteworthy achievement of the factory was setting a new record for production. Giga Shanghai manufactured 90,800 electric vehicles in November, more than at any other time in history, according to data gathered by @piloly/X. This is equivalent to about 3,026 cars every day or 1.09 million cars annually. Additionally, compared to its Q3 2023 report, which stated that it had a capacity of more than 950,000 vehicles annually, this data shows that Tesla can already create more cars annually.
In November, Tesla Giga Shanghai produced 90,802 Model Y and 3 units, setting a new production record.
In November, fewer automobiles were sold than were manufactured. A few cars were still en route to be delivered to clients. This implies that they will be delivered in December, bringing the total number of deliveries in December and for the entire year 2023 up to thirty.