China’s Automotive Slowdown: Tesla And The EV Startups (NASDAQ:TSLA)

Tesla Shanghai Gigafactory

Xiaolu Chu


The sales year started off with a whimper. First, the covid stimulus package for the auto industry – a cut from June 1-Dec 31 of the car sales tax from 10{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} to 5{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} – expired. Those planning to buy cars in early 2023 instead

12-month moving average of Chinese auto sales

Author’s database, compiled from China Auto Dealers Assoc reports

Seasonal patterns in Chinese car sales

Authors database, compiled from monthly CADA reports

Overall car sales, NEV sales, and NEV share

Authors database, drawn from and other sources

total number of NEVs for sale in China, and the number selling over 1,000 and over 10,000 in each month

Authors database, drawn from and other sources

lithium price trends in China


Dec, Jan & Feb sales of key NEV brands in China

Gasgoo web site

Domestic China sales and exports of Tesla Model 3 & Model Y

Authors database, compiled from multiple underlying sources

market share of for premium car price segments

Authors database, compiled from various Chinese sources

Francis McGee

Next Post

Stocks crushed as banking fears rise, jobs report looms

Sat Mar 11 , 2023
Shares received crushed on Thursday as anxieties rippled as a result of the banking sector and traders remained on edge in advance of a essential February careers report slated for Friday morning. At the closing bell, the S&P 500 (^GSPC) was down 1.8{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}, the Dow Jones Industrial Ordinary (^DJI) was […]
Stocks crushed as banking fears rise, jobs report looms

You May Like