Tesla Delivers First China-Made Model 3 Sedans in Just Under a Year
December 30, 2019 | TeslaEstimated reading time: 1 minute
Tesla has started delivering Model 3 electric cars built at its Shanghai factory in just under a year since it began work on the $2 billion plant, setting a record for global automakers in China, and said it would ramp up deliveries from next month.
The U.S. electric vehicle maker marked the start with an event on Monday where 15 Tesla employees received cars they had purchased, one who whom took the opportunity to propose to his girlfriend after receiving his new set of wheels.
The China-made Model 3 sedans are priced 355,800 yuan ($50,000) before subsidies.
In comparison, its imported Model 3 vehicles start at 439,000 yuan for the longer-range version and the standard range plus model costs under $40,000 in the United States.
The Shanghai plant, up and running in 357 days, is part of Tesla’s plans to bolster its presence in the world’s biggest car market and minimize the impact of the U.S.-China trade war.
The automaker, which previously imported all the cars it sold in China, had said it wanted to start deliveries from the Shanghai plant before the Lunar New Year beginning on Jan. 25.
“From now onwards China-made Model 3 vehicles will start running on China’s large streets and small lanes,” Tesla Vice President Tao Lin said at the delivery ceremony which was attended by employees and Shanghai government officials.
China General Manager for the Silicon Valley carmaker Wang Hao said Tesla plans to ramp up Model 3 deliveries in January.
The Chinese government has been supportive of the factory, the first wholly foreign-owned car plant and a reflection of Beijing’s broader shift to open up its auto market.
Suggested Items
Nanotechnology Market to Surpass $53.51 Billion by 2031
04/25/2024 | PRNewswireSkyQuest projects that the nanotechnology market will attain a value of USD 53.51 billion by 2031, with a CAGR of 36.4% over the forecast period (2024-2031).
Technica USA Presents Inaugural Supplier Alliance Award at IPC APEX EXPO 2024
04/24/2024 | Technica USADuring IPC APEX EXPO 2024, Technica USA took the opportunity to thank all of their supply partners that made the effort to join them for the exhibition in their booth, as well to all of our SMT partners that had their own booths, with the latest in automation and process technology.
IDTechEx Report Unveils 3D Electronics Status and Opportunities
04/22/2024 | PRNewswire3D electronics is an emerging manufacturing approach that enables electronics to be integrated within or onto the surface of objects. 3D electronic manufacturing techniques empower new features, including mass customizability, greater integration, and improved sustainability in the electronics industry.
IDTechEx Examines the Opportunities for Wearables in Digital Health
04/19/2024 | IDTechExIDTechEx’s report, “Digital Health and Artificial Intelligence 2024-2034: Trends, Opportunities, and Outlook”, covers this ongoing trend in the consumer health wearables market and includes analysis of the opportunities and roadmap for biometric monitoring.
Real Time with... IPC APEX EXPO 2024: Pluritec's Expansion and Growth in the North American Market
04/19/2024 | Real Time with...IPC APEX EXPONicola Doria, president of Pluritec, discusses the company's strategic focus on the North American market, their investment in a new sales organization, service expansion, and a new process integration line. The conversation also covers market response and future installations, as well as Pluritec's new partnership with IEC.