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.
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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.
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However, “this rebound may not be sufficient to help the company reclaim lost ground in China”, he added.