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2024-09-08 Update From: AutoBeta autobeta NAV: AutoBeta > News >
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AutoBeta(AutoBeta.net)06/09 Report--
According to the latest data from the Federation of passengers, Tesla's domestic Model 3 sales in May were 11095, an increase of 205% from the previous month, and once again exceeded 10,000 per month.
The Federation said that in May, Tesla's new energy sales ranked first, sole proprietorship and joint ventures had a strong performance, and new forces such as Lulai became an important force in the new energy car market. It means that traditional car companies such as BYD and BAIC New Energy, as well as new power car-making enterprises such as Lulai and Xiaopeng, are also unable to compete with Tesla's competitive advantage.
Sales of domestic Model 3 reached 10160 in March this year, exceeding 10,000 for the first time. With the release and price adjustment of the long-haul version of the domestic Model 3, the domestic Model 3 fell to only 3635 in April. Tesla reportedly suspended the delivery of the standard battery life upgrade version of the Model 3 that month, delaying the delivery in April to May.
In order to comply with the latest new energy subsidy policy, the price of the standard battery life and upgrade version of domestic Model 3 was lowered from 303550 yuan to 291800 yuan on May 2, with a subsidised price of 271550 yuan. At the same time, Tesla said that due to production costs and other factors, Tesla's domestic long-lasting version of Model3 will not reduce the price, and will officially start delivery in mid-May.
After stabilizing consumer sentiment, domestic Model 3 sales rose again, reaching an all-time high of 11095 in May. Taken together, the delivery volume of domestic Model 3 reached 34435 from January to May.
By contrast, BYD sold 46512 new energy vehicles from January to May, down 61 per cent from a year earlier, of which BYD sold 36354 pure electric passenger vehicles, down 61.4 per cent from a year earlier.
According to the new power car companies, the delivery volume in May was 3436, an increase of 215.5% over the same period last year, and a total of 10429 new cars were delivered in the first five months.
In May, wholesale sales of new energy passenger vehicles nationwide were 70200, down 25.8% from the same period last year, including 56000 pure electric vehicles, down 27% from the same period last year, according to the Federation of passengers. This means that Tesla's domestic Model 3 accounts for nearly 20 per cent of the pure electric vehicle market.
The continuous price reduction of Tesla's domestic Model 3 will be a "disaster" to domestic new energy vehicles. Ideal car CEO Li Xiang once said that the adjustment of the new energy subsidy policy has given Tesla the reason and necessity to reduce prices. Tesla's next countermeasures and pricing will be a disaster. At the same time, the subsidy policy is basically an accurate assist to Tesla to cripple domestic pure electric brands.
It is worth noting that the localization rate of domestic Model 3 parts is planned to increase to 70% Mur80% by July and 100% by the end of the year, using power batteries provided by local suppliers.
Tesla CFO Zack Kirkhorn said in the earnings call, "in terms of production costs, the cost of producing a Model 3 in Shanghai has actually fallen below the cost of producing the same Model 3 at the Fremont plant. There is still a lot of room to continue to reduce costs, and the benefits of fixed cost absorption and mass production will continue to show from the second quarter to the end of this year. Tesla will continue to reduce prices, continue to reduce production costs, and even in the case of price reduction, can also increase profit margins. "
With the reduction of costs and prices, domestic Model 3 will continue to reduce dimensions to crack down on domestic electric car brands. It is reported that Tesla's delivery volume may challenge 20000 vehicles in June.
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