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Home NEWS

Tesla began selling Chinese-made Model 3

Sambit Barua by Sambit Barua
12/30/2019
in NEWS
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Chinese-made Model 3 electric car costs 355,800 yuan ($ 50,000) excluding subsidies

Tesla began selling the Model 3 electric car, which is being assembled at the company’s new plant in China, reports Reuters. The Americans spent about $ 2 billion on the construction of the enterprise.

A Chinese-made Model electric car costs 355,800 yuan ($ 50,000) excluding subsidies. Imported cars cost 439 thousand yuan (62.7 thousand dollars). In the US, an electric car will cost customers $ 40 thousand.

The construction of its plant in southern China, the American company Tesla began in January this year. The company is called Gigafactory. This is Tesla’s first non-US plant.

Another Tesla factory plans to open in Germany. It is expected that the new enterprise will be able to annually produce up to 500 thousand electric vehicles. Gigafactory 4 is located near Berlin next to the airport under construction Berlin-Brandenburg. The plant will occupy an area of ​​approximately 300 hectares, which is equivalent in area to approximately 420 football fields. The new factory will create about 10 thousand jobs.

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