Sales of Tesla’s China-made electric vehicle rose for a fourth month in a row in February, as a low comparison base from last year outweighed headwinds from seasonal factors.

Sales of ‌Model ⁠3 and ⁠Model Y vehicles made in its Shanghai plant, including exports to markets including Europe, totalled 58,600 units last month, up 91 per cent from a year earlier and following a 9.3 per cent rise in January, Tesla China said on Wednesday.

The sales were down 15.2 per cent from January.

Exports from ⁠Tesla’s Shanghai ‌factory soared roughly five-fold year-on-year to 20,000 vehicles last month, separate data from the China Association ⁠of Automobile Manufacturers showed.

The U.S. automaker’s China-made EV deliveries in February 2025 were affected by a partial assembly line suspension for its refreshed Model Y over the Lunar New Year.

Sales in the first two months of the year tend to show big fluctuations due to shifting Lunar New Year times.

A ‌seven-year, low-interest financing plan created by Tesla has prompted rivals such as BYD to follow suit in the world’s largest auto ⁠market, where a scaling-back of government subsidies is seen intensifying competition.

BYD, which recorded its biggest fall in global sales since the pandemic last month, including a 65 per cent year-on-year drop in China, unveiled its first major battery upgrade in six years last week in an effort to regain lost ground.

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