In July, China's top 10 best-selling electric vehicle models sold a total of 159,700 units, up 16% from the previous month, accounting for 33% of China's total new energy vehicle sales in that month.

 

 

The most obvious contrast is that Tesla went into winter overnight, with sales falling off a cliff from a record in June to July. Tesla's domestic market sales totaled only 8,461 units, plunging 89 percent from a year earlier, with ModelY sales of 7,640 units, plunging 85 percent from a year earlier.

 

 

SAIC-GM-Wuling Macro MINI, with sales of 37,128 units in July, a small car priced at 32,800 yuan, has been ranked in the top three of China's Top 10 best-selling electric car models in sales for more than a year.

 

 

Unlike Wuling Macro, which has the highest sales of a single model, BYD wins in terms of the number of models and total sales. 4 models (3 of Dynasty series and 1 of Ocean series) were listed in July, with cumulative sales of 71,860 units, occupying 45% of the market share of the top 10 best-selling brands.

 

 

(ChaoDian Intelligence based on the official data, through the core of self-developed algorithm, analysis and calculation of the "Top 10 best-selling models of electric vehicles in China in July 2022")

 

 

 

 

In July, the domestic narrow passenger car market sales reached 1.818 million units, up 20.4% year-on-year, the car market has rebounded significantly, and sales are gradually returning to the pre-epidemic level, including new energy passenger car sales of 486,000 units, up 117.3% year-on-year.

 

 

As a typical representative of new energy vehicles, Tesla's significant decline in sales in the domestic market in July does not become a reason to sing the praises of Tesla or new energy, the transformation of the production line of the Shanghai plant led to the shrinkage of production capacity is the main reason.

 

 

It is understood that Tesla Shanghai factory in July only a small number of production lines into production, production is actually only 28,200 units, of which nearly 20,000 units are planned for export models, the remaining 0.8 million units into the domestic market, absorbed by the market saturation. August 7 Shanghai factory renovation is completed, Tesla may be able to reproduce the peak in June.