Featured image: Hollis Johnson/Business Insider
Tesla continues its victorious march across Europe and, this time, Model 3 became the best-selling electric car in September in Italy. Strong sales figures contributed to the company's success in the country in 2020.
@ItalyReferendum/Twitter reports that 880 Models 3s were registered in Italy in September—almost three times more than in the same period of 2019. With this number of registrations, Model 3 became the best-selling EV in the country during this period. Its closest competitor, Renault Zoe, registered 676 units, a significant 204 fewer.
Also in the top-5 were Smart Fortwo with 461 registrations, Nissan Leaf with 297, and Volkswagen ID.3 with 270, which brought them into 3rd, 4th and 5th places respectively.
Source: @ItalyReferendum/Twitter
Although data for September for most European countries have not yet been received, there is every reason to believe that Q3 2020 for Tesla will be strong here, as well as globally.
According to analysts, the number of deliveries this quarter should be around 140,000. This will be an unprecedented quantity and reflects how actively Tesla continues to ramp up production.
The Fremont factory expanded its production capacity by building a separate line for Model Y, as well as installing the Giga Press, which significantly reduced production times. Now, Model 3 could be produced without sharing the production line with its younger (but larger) brother.
Giga Shanghai is also increasing its production capacity, although its main growth will occur in Q4. However, starting from Q4, China-made Model 3s may already start entering the European market, which will also significantly grow the model’s popularity.
Overall, despite the impact of COVID-19, the European plug-in car market continues to grow, indicating strong interest.
$TSLA Boom Of Model 3 Sales In Italy In September 2020
— 🔋💥 if $TslaQ Didn't Exist I Would Be Poorer 💥🔋 (@ItalyReferendum) October 1, 2020
+170% Q3 '20 vs Q3 '19 pic.twitter.com/9Cs6USOUVU
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Article edited by @SmokeyShorts, you can follow him on Twitter