In the first half of the year, Shanghai produced 611,500 NEVs, contributing 16 percent of China's NEV production.
Shanghai, where Tesla's China factory is located, regained its position as China's top producer of new energy vehicles (NEVs) in the first half of the year, after losing that position last year to Xi'an, Shaanxi province in northwest China.
In the first half, Shanghai's NEV production rose 65.7 percent year-on-year to 611,500 units, local media outlet Jiemian reported today.
By comparison, Shaanxi province produced 430,000 NEVs in the first half of the year, up 46 percent year-on-year and 181,500 fewer than Shanghai, the report said, citing data from statistical authorities.
This means that Xi'an's NEV production in the first half of the year was surpassed by Shanghai. For the whole of last year, the capital city of Shaanxi province produced 1.0152 million NEVs, surpassing Shanghai's 988,600, making it China's top NEV producer for the first time.
In 2022, Shenzhen produced 848,800 NEVs, up 183.4 percent, ranking third after Shanghai.
In the first half of the year, China's NEV production stood at 3.788 million units, data from the China Association of Automobile Manufacturers (CAAM) monitored by CnEVPost showed.
This means that Shanghai contributed 16 percent of China's NEV production in the first half of the year.
Shanghai's re-emergence as the city that produces the most NEVs in China comes as no surprise, with the city hosting a Tesla factory and the NEV industry chain being better laid out compared to other regions, Jiemian's report noted.
Tesla's Shanghai factory, which produces the Model 3 and Model Y, is the largest in the world for the US-based EV company, with a current annual production capacity of more than 1 million vehicles.
Shanghai has previously been a leader in China's NEV industry, producing 632,000 NEVs in 2021, much higher than Xi'an's 269,000 during the same period.
But in 2022, Xi'an produced 1,015,200 NEVs, or 14 percent of all NEVs in China, surpassing Shanghai's 988,600 to become the city that produces the most NEVs in China.
For Xi'an, BYD (OTCMKTS: BYDDY) is the most important NEV company there.
BYD's Xi'an plant covers 2.61 million square meters and has a planned annual capacity of 900,000 vehicles.
Of the 1.02 million NEVs produced in Shaanxi in 2022, the BYD Xi'an plant contributed 97 percent, Jiemian's report noted.
In addition to being the city with the highest NEV production in China, Shanghai also has one of the highest NEV penetration rates in the country.
In June, 59,454 vehicles were sold in Shanghai, of which NEVs contributed 34,602, or 58.20 percent, according to data from the Shanghai Economic Information Center monitored by CnEVPost.
In the first half of the year, Shanghai sold 152,033 NEVs, accounting for 51.24 percent of all vehicle sales.
