Tesla China sold 86,697 vehicles in August, including those sold in China and those exported to overseas markets. Tesla China 8-month sales volume of 86,697 units!

Tesla (NASDAQ: TSLA) saw a significant increase in China-made vehicles sold last month. According to data released today by the China Passenger Car Association (CPCA), Tesla China sold 86,697 vehicles in August, including those sold in China and those exported to overseas markets. This represents a growth of 16.97% from July's 74,117 units and a growth of 3.02% from the same period last year. From January to August this year, Tesla China sold 587,437 vehicles, a decrease of 6.01% year-on-year. Tesla has a factory in Shanghai, where it produces the Model 3 sedan and the Model Y crossover, both for delivery to local customers and for export. Tesla has previously stated that its production pattern is to produce cars for export in the first half of this quarter and cars for the local market in the second half. The sales volume of Tesla in China and the car export data from the Shanghai factory in August have not yet been released. According to statistics from the China Passenger Car Association (CPCA)...

Tesla (NASDAQ: TSLA) saw a significant increase in China-made vehicles sold last month.

Tesla China sold 86,697 vehicles in August, including those sold in China and those exported from China to overseas markets, according to data released today by the China Passenger Car Association (CPCA).

That's up 16.97 percent from 74,117 in July and up 3.02 percent from 84,159 in the same period last year.

In the January-August period, Tesla China sold 587,437 vehicles, down 6.01 percent year-on-year.

Tesla has a factory in Shanghai that produces the Model 3 sedan and Model Y crossover, both for deliveries to local customers and as an export hub for it.

Tesla's pattern is to produce cars for export in the first half of the quarter and for the local market in the second half, it previously said.

Figures for Tesla's August sales in China and vehicles exported from its Shanghai factory are not yet available.

China's wholesale sales of new energy vehicles (NEVs), including plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), were estimated at 1.05 million units in August, up 32 percent year-on-year and 11 percent from July, according to CPCA.

This means that Tesla China contributed about 8.3 percent of China's wholesale NEV sales in August.

Tesla only produces BEVs, while some Chinese NEV makers, including BYD (HKG: 1211, OTCMKTS: BYDDY) and Li Auto (NASDAQ: LI), produce both PHEVs and BEVs.

Tesla's main Chinese peers reported mixed August delivery numbers yesterday.