Tesla (TSLA) sales in China crash 45% to lowest level in over three years
electrek.co
Tesla’s domestic sales in China collapsed 45% year-over-year in January, falling to just 18,485 units — the automaker’s lowest monthly...

Tesla’s domestic sales in China collapsed 45% year-over-year in January, falling to just 18,485 units — the automaker’s lowest monthly retail figure in the country since November 2022. The data, released today by the China Passenger Car Association (CPCA), paints a grim picture of Tesla’s demand in the world’s largest EV market.

The figure represents an 80% plunge from December’s record-high 93,843 domestic deliveries. While seasonal declines between December and January are normal in China, a 45% year-over-year drop is not.

  • Hotznplotzn@lemmy.sdf.orgEnglish
    29·
    10 days ago

    It’s not only Tesla. According to official data, China’s auto sales fall at fastest pace in nearly two years in January

    • Domestic car sales in China drop 19.5% from the year before to 1.4 million vehicles, the biggest decline since February 2024
    • Electric cars and plug-in hybrids, which had previously been outpacing the overall market, fell 22.9 per cent in January
    • China’s champion BYD’s sales were hit particularly hard in January, falling 30 per cent, higher than the industry average
    • Subsidised auto trade-ins exceeded 11.5 million vehicles in 2025, accounting for nearly half the total vehicle sales
    • jacksilver@lemmy.worldEnglish
      7·
      10 days ago

      Any idea if this is within expected ranges or is there something breaking down. I know that there has been speculation that the way the industry was operating wasn’t sustainable, but is this a natural/maintainable shift or something else?