Tesla’s Model Y dominated the luxury SUV market in China during the first six months of this year, with sales growing 189.4% year-over-year (via @TSLAFanMtl).
1/Just look at what Model Y is doing to its competitors in China in the 1H of 22.
NOTE – and this is IMPORTANT – these cars are the REAL Model Y competitors (i.e. luxury SUVs over $45k USD).
Nevermind EV share. This right here is GOLD.
Look at the y-o-y % numbers.
— James Cat (@TSLAFanMtl) July 10, 2022
The Model Y was China’s best-selling electric vehicle (EV) last month, but what’s just as impressive (if not more) is how its volume sales for the year so far stack up against its actual competitors — luxury SUVs that cost more than 300,000 RMB (around $45,000 USD) across all drivetrains.
According to data from the China Passenger Car Association (CPCA), Tesla sold a total of 133,666 Model Y units in China between January and June. That’s almost twice as many as the runner-up in its class, the Mercedes GLC.
The Model Y took the sales crown in the same Chinese automotive segment during the first four months of this year, and May and June saw the all-electric crossover extend its lead.
Tesla last week reported an impressive delivery count of 254,695 vehicles for the second quarter. The Model Y is leading the charge for Tesla across the globe, also topping EV registrations in the U.S. during the first five months of this year.
In October 2021, Tesla CEO Elon Musk told shareholders that the Model Y should ultimately become the “best-selling vehicle of any kind,” globally.
