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Which city buys most China-made Model 3 in 2020?

Monika From Gasgoo| February 02 , 2021 17:14 BJT

Shanghai (Gasgoo)- Tesla delivered the first batch of made-in-China Model 3 sedans to the public in Jan. 2020, just a year after the company's first overseas manufacturing plant broke ground.

Which city buys most China-made Model 3 in 2020?

According to the China Insurance Regulatory Commission, the insurance registrations of the China-made Model 3 amounted to 138,491 units last year, making the car the best-selling new energy vehicle (NEV) model in China on an annual basis. Notably, the monthly volume hit a new high of 23,469 units in December, of which 18,802 units were sold to individual users.

Regarding the regional performance, there were four provinces (including direct-administered municipalities), namely Shanghai, Guangdong, Zhejiang and Beijing, whose respective annual registrations all surpassed 10,000 units. Except Beijing, the capital of the country, the other three are all coastal regions.

Which city buys most China-made Model 3 in 2020?

In the range of 1,001-10,000 units, there were 12 provinces (including direct-administered municipalities), of which Jiangsu and Sichuan saw their full-year registrations of the Model 3s top 6,000 units.

At the city level, Shanghai, Shenzhen and Beijing were the top 3 in term of the yearly Model 3 registrations. They all had an insurance volume topping 10,000 units. The other cities on the top 10 list are Hangzhou, Guangzhou, Chengdu, Suzhou, Zhengzhou, Chongqing and Ningbo.

To satisfy the growing demands from China market, Tesla is ramping up the capacity of the Gigafactory 3. The Shanghai-based plant is now able to produce more than 250,000 cars per year, according to the carmaker's fourth-quarter financial results in 2020. Notably, the initial capacity was 150,000 a year when the first batch of made-in-China Model 3s was delivered.

Tesla said it would scale up the yearly capacity of Gigafactory Shanghai to 450,000 units in 2021, as the China-made Model 3 and Model Y are gaining popularity within and without China.

Tesla started delivering the locally-produced Model Ys in mid-January. The annual capacity of the China-made crossover is expected to reach 200,000 units.

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