By Greg Gao

(JW Insights) Aug 4 -- Tesla’s Gigafactory Shanghai delivered 64,285 electric vehicles in July, representing a significant increase of 128% compared to the same period last year, according to data released by China Passenger Car Association (CPCA) on August 3.

So far, the plant has delivered over 540,000 vehicles cumulatively this year.

The July delivery number does, however, also represent a notable 31.38% decline from the 93,680 vehicles that were sold in June 2023.

Tesla Gigafactory Shanghai is the electric vehicle maker’s largest factory by volume. While the facility only produces the Model 3 sedan and the Model Y crossover, it currently has an estimated annual output of over 1.1 million vehicles, accounting for over half of the automaker's global output.

Recently, Tesla China has rolled out an inventory car purchase incentive for the Model S sedan and Model X SUV. As per an announcement on the company’s official Weibo account, the Model S and Model X line in China can be purchased at discounted prices. The discounts range from RMB35,000($4,873) to RMB45,000($6,266).

As per a graphic posted by Tesla China, the Model S Long Range could now be purchased for RMB 773,900 ($106,690), while the Model S Plaid, the electric vehicle maker’s best-performing car in its current lineup, could be purchased for RMB 988,900 ($136,330).

If a Model S or Model X is purchased on the recommendation of someone else, the customer will receive an additional RMB 7,000 incentive ($965), free Supercharging for 3 or 6 years, and 90 days of free Enhanced Autopilot (EAP) access. The referrer will receive 48,000 bonus points that can be redeemed for Supercharging miles as well, said media Teslarati.