Tesla’s China-made vehicles have seen a remarkable 91% year-over-year increase in February sales, with 58,599 units delivered from Gigafactory Shanghai. This impressive performance comes at a time when the overall Chinese auto market is experiencing a decline. The figures encompass both domestic sales in China and exports to international markets such as Europe, marking the fourth consecutive month of growth for the electric automaker. It is worth noting that the comparison base from February 2025 was lower due to temporary production halts for factory upgrades.
In a significant milestone, Tesla’s market share in the battery-electric vehicle (BEV) segment in China has reached 13.74%, the highest level since April 2024. The success is largely attributed to the popularity of the Model Y, which emerged as the best-selling passenger vehicle in the country for the month. This achievement is even more remarkable considering that competitors like BYD reported a 41% sales decline during the same period. Tesla’s aggressive financing offers, including zero-interest and low-interest loans, seem to be attracting buyers amidst reduced tax incentives and seasonal challenges in the industry.
Gigafactory Shanghai continues to play a crucial role as Tesla’s primary export hub, with approximately 20,000 vehicles shipped overseas in February alone. This marks a significant increase in exports compared to the previous year. Since its establishment in 2019, the Shanghai plant has become Tesla’s most productive facility, accounting for more than half of its total global deliveries.
The success of Tesla’s China operations highlights the company’s ability to navigate challenges and capitalize on opportunities in the world’s largest automotive market. With a strong foothold in China and a growing global presence, Tesla’s future prospects look promising as it continues to expand its electric vehicle offerings and production capacity.