Tesla’s Shanghai Gigafactory reported a significant rebound in shipments last month as Chinese consumers took advantage of soon-expiring government incentives to snap up cars.
The US carmaker’s Shanghai plant, its largest production facility globally, delivered a total of 86,700 Model 3 and Model Y electric vehicles (EVs) in November, a 41 per cent jump from October and a 10 per cent rise from a year earlier, according to data from the China Passenger Car Association (CPCA).
The deliveries include sales within mainland China as well as exports to international markets.
It was the third month in 2025 that the Shanghai factory saw a year-on-year increase in delivery volume, despite Tesla facing increasing competition from local rivals such as Xiaomi and Leapmotor.
“Tesla benefited from the recent car-buying spree, driven by the anticipation that cash subsidies and tax incentives would be cancelled next year,” said Tian Maowei, a sales manager at Yiyou Auto Service in Shanghai.
However, “this rebound may not be sufficient to help the company reclaim lost ground in China”, he added.
