The Tesla Mannequin Y Shines In Singapore — After Turning into 4th Finest Promoting Automobile In The World
Daren Yoong provides common updates on the EV scene in Singapore, Malaysia, and different markets within the area on his YouTube channel in addition to different types of social media. In his newest replace, Daren highlights the Mannequin Y’s continued dominance within the Singapore market.
Within the general market, Tesla was the 8th high promoting model in Singapore in February 2023. In complete, 63 Teslas have been registered in Singapore final month, behind Toyota with 414 models, Mercedes-Benz with 311 models, BMW with 269 models, Honda with 245 models, Nissan with 136 models, Hyundai with 81 models, and Mazda with 76 models. Extra Teslas have been bought general than Kias and Audis in February. One begins to marvel if provide of Teslas was bumped up in Singapore, the place the model would sit? In all probability above Mazda, Hyundai, and Nissan very quickly.
Gross sales desk courtesy of Daren Yoong.
Vehicles are actually costly in Singapore in comparison with most nations. An article by Timothy Ho printed in April final yr explains why. Loads of it has to do with making an attempt to regulate the automobile inhabitants in Singapore. It’s no marvel a current Mannequin Y index confirmed that Singapore tops the most costly Mannequin Y record. The index checked out 42 nations and located that Singapore provided the most costly Mannequin Y on this planet, costing as a lot as S$142,471 (USD$103,800) — rising to over $180,000 after levies for some, as reported right here on CleanTechnica. Nevertheless, the Mannequin Y continues to shine in Singapore’s BEV gross sales charts.
Tesla sits at primary within the BEV gross sales charts, forward of BMW with 51 models and BYD with 37 models. Of the 63 Teslas registered in February 2023, 46 have been Mannequin Ys and 17 have been Mannequin 3s. Within the 6 months since its launch within the Singapore market, the Mannequin Y has made up 84% of all Tesla registrations within the nation.
Gross sales desk courtesy of Daren Yoong.
Tesla has massive targets for the Mannequin Y on a worldwide scale. Elon Musk has stated a number of instances that he believes the Mannequin Y would be the high promoting automobile worldwide general very quickly — not simply the highest promoting BEV. Final yr, the Mannequin Y did vey effectively, ending the yr in 4th place general. The Toyota Corolla was the highest promoting automobile worldwide with over 1.1 million models bought, the Toyota RAV4 was in second place with over 870,000 models, adopted by the Ford F-Sequence with over 780,000 models, after which the Mannequin Y in 4th with over 750,000 models. A BEV within the high 4 of the general gross sales market is fairly cool, particularly the Mannequin Y, which hasn’t even been in the marketplace for greater than 4 years and goes up towards fashions/manufacturers with over 5 many years out there. This can be a actually spectacular displaying.
The Singapore gross sales additionally present that Tesla’s automobiles will get respectable gross sales in smaller auto markets, which is why I used to be excited to listen to that Malaysia’s Ministry of Worldwide Commerce and Business (MITI) has introduced that it has accepted Tesla’s software to import battery electrical automobiles into Malaysia. MITI says Tesla will now proceed to determine:
- An Workplace
- Tesla Expertise and Service Centres
- A Supercharger Community
Hopefully, Tesla ramps up plans to supply its automobiles in related markets. I’m hoping within the close to future locations like Morocco, South Africa, and maybe Kenya may very well be added to the record.
Chart courtesy of Daren Yoong.
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