U.S. electric vehicle maker Tesla Inc said on Friday it has started selling two new locally made Model 3 sedan variants in China.
BEIJING: U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two more Model 3 variants built at its Shanghai plant, meaning all Model 3 sedans sold in the country are now locally made and not subject to import tax.
Tesla said it aims to start delivering Shanghai-made Long Range Model 3 cars from June this year, priced 339,050 yuan after subsidies. The locally made Performance Model 3, for which deliveries are slated for the first quarter next year, will be priced 419,800 yuan, the California-based automaker said without specifying the price after subsidies. Imported Performance Model 3 vehicles were priced 509,900 yuan.The move contrasts with a previous plan from Tesla's billionaire chief executive, Elon Musk, under which the automaker would only make more affordable versions of the Model 3 sedan at its US$2 billion Shanghai factory.
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