By the end of November, China had exported a total of 152,090 vehicles this year.

(File photo showing Tesla vehicles waiting to be exported in Shanghai.)

Tesla's factory in Shanghai will remain the company's export hub in the short term with the signing of its latest shipping deal.

Tesla has signed a one-year, $422 million contract with South Korean logistics company Hyundai Glovis to ship vehicles from the automaker's Giga Shanghai in China to other regions, TradeWinds reported Thursday.

The Tesla contract is the largest Hyundai Glovis has received from a single automaker since it entered the industry 13 years ago, according to the report on the website, which tracks global shipping.

Giga Shanghai currently produces the Model 3 and Model Y vehicles, Tesla's most popular models, with 232,102 units delivered worldwide in the third quarter, well above the 9,289 units of the Model S and Model X combined.

At the end of July this year, Tesla said it had completed the transition of Giga Shanghai as a major vehicle export center.

Data from the China Passenger Car Association (CPCA) monitored by CnEVPost shows that Tesla China has exported a cumulative total of 152,090 vehicles this year through the end of November.

In the past three months, Tesla China's wholesale sales have been 50,000-60,000 vehicles, the CPCA data shows.

Tesla China exported 40,666 vehicles in October, a new high for the year. It exported 21,127 vehicles in November.

(Graphic by CnEVPost)

Tesla sent 4,410 China-made Model 3 vehicles to Europe at Shanghai's South Port on August 20, according to an article released at the time by the Administrative Committee of the New Lingang Area of the Shanghai Pilot Free Trade Zone.

This is the first batch of Tesla vehicles exported via roll-on/roll-off transport seen at the port, destined for the European port of Zeebrugge, the article said.

Roll-on/roll-off is a form of maritime transportation that uses a roll-on/roll-off vessel to ship the vehicle with the cargo, with the trailer and truck shipped with the cargo and not backed up.

The vessel is a Glovis Triton Ace, according to the article.