Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Furniture retailer Ikea to close 7 stores in China amid property market slump

January 7, 2026

Bitcoin drops amid mounting geopolitical and economic risks

January 7, 2026

Why Jim Cramer says to avoid oil stocks but to buy on Boeing

January 7, 2026
Facebook X (Twitter) Instagram
Wednesday, January 7
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Tesla’s China sales hit monthly record as EV buyers race to beat tax increase
Business

Tesla’s China sales hit monthly record as EV buyers race to beat tax increase

adminBy adminJanuary 6, 2026No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 16


Tesla’s deliveries in China jumped to an all-time high in December, buoyed by a buying spree before the government withdrew part of a tax incentive.

But the US carmaker is still facing an uphill battle to reclaim its once-secure lead in the world’s largest electric vehicle (EV) market amid a stern challenge from local rivals.
In December, Tesla’s Gigafactory in Shanghai delivered about 94,000 Model 3 and Model Y vehicles to mainland Chinese customers, 13.4 per cent higher than the previous record of 82,927 units it set in the same period a year earlier, the company said in a statement.

Adding exports, the plant sold a total of 97,171 vehicles last month, up 3.6 per cent from a year earlier. It was the Gigafactory’s second-largest monthly delivery volume, trailing only November 2022, when it handed 100,291 vehicles to both domestic and overseas buyers.

“Tesla still has a big fan base in China and they view its vehicles as their top choices,” said Chen Jinzhu, CEO of consultancy Shanghai Mingliang Auto Service. “They wanted to complete purchases before authorities phased out a tax holiday for EV buyers.”

Mainland buyers had been exempt from a 10 per cent tax on purchases of eligible green cars until December 31, as part of Beijing’s push to curb emissions. From January 1, the tax was set at 5 per cent until the end of 2027, when it will return to 10 per cent.

For 2025, Tesla reported sales of about 625,000 vehicles on the mainland, down nearly 5 per cent from 2024. It was the first time that the US carmaker reported a contraction in mainland sales since its Shanghai-based plant started operations in 2020.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Business

Furniture retailer Ikea to close 7 stores in China amid property market slump

January 7, 2026
Business

China stocks to see 20% upside on AI boom, global expansion: Goldman Sachs

January 7, 2026
Business

.css-1ov0jxq{inline-size:100%;block-size:100%;}.css-1ov0jxq picture{aspect-ratio:3/2;}@media (min-width:768px){.css-1ov0jxq picture{aspect-ratio:250/99;}}@media (min-width:1070px){.css-1ov0jxq picture{aspect-ratio:250/99;}}.css-1rxrvhz{display:block;inline-size:100%;block-size:100%;color:transparent;background:#dedede;object-fit:cover;overflow:hidden;aspect-ratio:auto 3/2;}@media (min-width:768px){.css-1rxrvhz{aspect-ratio:auto 250/99;}}@media (min-width:1070px){.css-1rxrvhz{aspect-ratio:auto 250/99;}}{"@context":"https://schema.org","@type":"ImageObject","url":"https://cdn.i-scmp.com/sites/default/files/d8/images/canvas/2026/01/07/f8881b23-7c96-4dbe-a7d2-a832cbcc44a3_5998afc9.jpg"}

January 7, 2026
Business

Alibaba’s Amap rolls out AI-powered 3D virtual tours for offline destinations

January 7, 2026
Business

Meow or never: China’s pudgy pets spark race for weight-loss drugs

January 7, 2026
Business

Singapore, Beijing land in top 10 of Savills’ inaugural Matcha Index of global tech cities

January 7, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Pakistan explores tokenisation of real-world assets to strengthen capital markets – Technology

January 7, 2026

Turkish companies seek investment opportunities in Pakistan – Business & Finance

January 7, 2026

Bank Alfalah advances exit from Afghanistan as central banks clear due diligence – Business & Finance

January 7, 2026

Bulls dominate bourse: KSE-100 closes at fresh record high – Markets

January 7, 2026
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Furniture retailer Ikea to close 7 stores in China amid property market slump
  • Bitcoin drops amid mounting geopolitical and economic risks
  • Why Jim Cramer says to avoid oil stocks but to buy on Boeing
  • For this reason nickel surged over 10% in a single day
  • As sextortion surges in Japan, NGO warns against sending explicit content

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Furniture retailer Ikea to close 7 stores in China amid property market slump

January 7, 2026

Bitcoin drops amid mounting geopolitical and economic risks

January 7, 2026

Why Jim Cramer says to avoid oil stocks but to buy on Boeing

January 7, 2026

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • January 2026
  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • March 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2026 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.