Tesla has commenced sales of two lower-priced Model 3 variants built at its Shanghai plant, and right now, all Model 3 sedans sold in the country are locally made and not subject to import tax.




View Photos

Tesla said it aims to start delivering Shanghai-made Long Range Model 3 cars from June this year

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.

Also Read: Tesla’s China Sales Hit Record High In March: Report

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.

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

0 Comments

For the latest auto news and reviews, follow CarandBike on Twitter, Facebook, and subscribe to our YouTube channel.

Source Article