U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two lower-priced Model 3 variants built at its Shanghai plant, ...
U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two lower-priced 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 China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/FilesBEIJING: U.S. electric vehicle maker Tesla Inc said on Friday it has started China sales of two lower-priced 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.
The development comes at the tail end of a Sino-U.S. trade war characterised by tit-for-tat tariffs on goods and services as varied as metals and cars, bumping up prices of U.S. made goods in China.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 rear-wheel drive variant, with a driving range of over 600 kilometres before need to be recharged, differs from the imported version which was all-wheel drive and priced at 439,900 yuan. The locally made Performance Model 3 will be priced at 419,800 yuan, the California-based company said without specifying the price after subsidies. Imported Performance Model 3 vehicles were priced 509,900 yuan.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla starts selling two new locally made Model 3 variants in ChinaU.S. electric vehicle maker Tesla Inc said on Friday it has started selling two new locally made Model 3 sedan variants in China.
Read more »
Tesla to furlough workers, cut employee salaries due to COVID-19Tesla Inc told employees on Tuesday it would furlough all non-essential workers and implement salary cuts during a shut down of its U.S.
Read more »
Tesla starts selling two new locally made Model 3 variants in ChinaU.S. electric vehicle maker Tesla Inc said on Friday it has started selling two new locally made Model 3 sedan variants in China.
Read more »
Constellation Brands cuts back Mexico operations to protect workersU.S. brewer Constellation Brands has begun reducing operations at its breweries in Mexico to protect its workers in line with government ...
Read more »
Nissan seeks US$4.6 billion credit line as coronavirus hammers car demand -sourcesNissan Motor Co Ltd has requested a US$4.6 billion commitment line from major lenders to cushion the impact of the coronavirus pandemic while it ...
Read more »
Coronavirus: Malaysia comes up with new ways to help Ramadan bazaar trade amid outbreakKUALA LUMPUR (THE STAR/ASIA NEWS NETWORK) - Malaysia's three federal territories (FT) of Kuala Lumpur, Putrajaya and Labuan won't hold the hugely-popular Ramadan food bazaars this year due to the coronavirus outbreak, with authorities cobbling together three different ways to help Muslims buy their food and drinks from street traders during the upcoming fasting month.. Read more at straitstimes.com.
Read more »