Automotive News   |   Automotive News Europe   |   Autoweek   |   Automobilwoche

Automotive News China Newsletter
Register our free newsletter, sent each Monday and Thursday

     Automakers   Suppliers   Auto Show   Comment   Car Cutaway   Newsletters   Press Releases   Chinese Version   Register for Newsletter
  Contact Us:   Editorial   Advertising   Subscription Information   |   About Us   Media Kit
Home >> Automaker Email this story   Print this story
A Tesla Model 3 on display at 2018 Beijing auto show
 
Tesla starts taking Model 3 orders in China
Reuters | 2018/11/20

Tesla Inc. has started taking orders for its Model 3 sedan in China for a deposit of 8,000 yuan ($1,153), according to the electric carmaker's China website.  

CEO Elon Musk said, "Probably some deliveries in March, but April is more certain," after a Twitter user asked when the deliveries in China would begin.

Tesla declined to comment.

The company has been banking on its Model 3 sedan, the performance of which is seen crucial to the carmaker's future. 

China is the largest market for electric vehicles and most forecasters predict that its sales in the country will speed up rapidly as government regulation drives toward a goal of 100-percent electric vehicles by 2030.

Tesla had signed a deal with Shanghai authorities in July to build its first factory outside the United States, which would cost around $2 billion to construct and would double the size of its global manufacturing.

The Shanghai Gigafactory, based in eastern China, seeks to manufacture Model 3 and Model Y cars, with annual capacity of 250,000 vehicles, according to a filing.

Tesla is also developing plans to start producing about 3,000 Model 3s per week in Shanghai in the initial phase of its Gigafactory 3 to reduce the impact of tariffs

Related Stories
  • Tesla seeks bids for China Gigafactory construction
  •     --Published:2018/7/12
     
  • Tesla cuts prices to ease hit from tariffs
  •     --Published:2018/23/11
     
  • Tesla, looking to skirt tariffs, sets Model 3 output targets
  •     --Published:2018/6/11
     
  • Tesla's Shanghai factory to produce 2 models in first phase
  •     --Published:2018/26/10
     
  • Tesla acquires land in Shanghai for EV plant
  •     --Published:2018/19/10
     
  • Tesla expands Hong Kong charging outlets
  •     --Published:2018/16/10
     
  • Tesla zeros in on $145M tract for China plant
  •     --Published:2018/12/10
     
  • Tesla worried by China tariffs even as deliveries surge
  •     --Published:2018/5/10
     
  • Chinese lithium producer inks 5-year supply deal with BMW
  •     --Published:2018/2/10
     
  • Tesla hikes registered capital, widens business range for Shanghai subsidiary
  •     --Published:2018/11/9
     
  • Tesla starts hiring in China before breaking ground
  •     --Published:2018/10/8
     
  • Tesla to fund $5 billion Shanghai car, battery factory with local debt
  •     --Published:2018/3/8
     
  • EV startup, Tesla foe Xpeng eyes 27 billion yuan valuation before launch of first vehicle
  •     --Published:2018/20/7
       
     
     

    Our Newsletter Editions
    Automotive News China produces two email newsletters each week. You can sort your news by the articles highlighted in each of our newsletters here.

    Select your newsletter     

     
     

    Automotive News China
    Room 1303, Building 2, Lane 99, South Hongcao Road,
    Shanghai 200233
    Telephone: 86-139-1851-5816
    Fax: 86-21-6495-0895
     
    Home | Help Center | About Us | Privacy Policy | RSS
    Entire contents © Crain Communications, Inc.
    Use of editorial content without permission is strictly prohibited. All Rights Reserved.
    ICP06057291