Technology: Tesla Shanghai Gigafactory is officially rolling out cars in China - Tesla - carmaker apparently wants to produce in China - PressFrom - US
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Technology Tesla Shanghai Gigafactory is officially rolling out cars in China

07:05  22 november  2019
07:05  22 november  2019 Source:   cnn.com

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Tesla 's Gigafactory 3 in China broke ground in January, and now the first Model 3 sedans have rolled off the line. The EV maker plans to build 3000 Model 3 electric vehicles a week at the factory. Gigafactory 3 is China 's first fully foreign-owned car factory, and it's also Tesla 's first fully functioning

Tesla ’s US billion gigafactory in Shanghai — the company’s first such facility outside the US — is expected to commence operations at the end of Tesla ’s CEO Elon Musk said in a Twitter message on Wednesday the company “is building a major engineering team in China , including heavy focus on

Tesla fans in China can now take a test drive in a Model 3 made in Shanghai.

a group of people in a car: People view a Tesla Model 3 at the Automobile exhibition area during the second China International Import Expo  in Shanghai, east China, Nov. 6, 2019. The National Exhibition and Convention Center in Shanghai greeted a large number of visitors on the second day of the CIIE.© Ding Ting/Xinhua/Getty Images People view a Tesla Model 3 at the Automobile exhibition area during the second China International Import Expo in Shanghai, east China, Nov. 6, 2019. The National Exhibition and Convention Center in Shanghai greeted a large number of visitors on the second day of the CIIE.

The first Chinese-made Tesla cars started arriving Friday in the company's 49 experience centers in China, which offer customers information and the opportunity to take a test drive, the car maker said in a statement posted to its WeChat account. The Model 3 is also being showcased at an international car exhibition in the city of Guangzhou on Friday.

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Tesla ’s moving fast in China amid trade tensions between China and the US since July. Tesla currently imports all the cars it sells in China , which Here are some of photos of Gigafactory 3 taken in recent days from the west side of the factory, which is located near the facility of Xiamen-based firm

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Made in the new Shanghai Gigafactory, the cars have a starting price of 355,800 yuan ($50,623), making them about 2% cheaper than an imported model. Customers can only buy the cars online, and Tesla has been taking orders since October 25.

The Shanghai factory was built in just 10 months and only began trial production last month. In a letter to shareholders, Tesla said the facility was about 65% cheaper to build than its Model 3 production plant in the United States.

CEO Elon Musk has described the factory, the first outside the United States, as the "template for future growth." Last week, Musk announced Tesla would build another gigafactory in Berlin, a move that would take the great electric car race to the manufacturing heart of Europe.

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Sometime in late 2019, the first Chinese -made Tesla Model 3 destined for customers will roll off an assembly line at Tesla Inc.’s new Shanghai Gigafactory . EV sales, which include battery-powered cars and plug-in hybrids, reached 1.2 million in China in 2018—more than half the electric vehicles

Tesla has secured an 860,000 square meter plot of land in Shanghai for its first overseas A deal was then officially announced in July of this year, with Tesla later adding that it was The big question, of course, is whether Tesla (a profitless company) will run out of money before Gigafactory 3 can be

In Shanghai, Tesla is targeting annual production of 150,000 units of the Model 3. It is reportedly sourcing batteries from Panasonic, as well as LG Chem and China's CATL.

Tesla has high hopes for growth in China, the world's largest electric car market.

"China is by far the largest market for mid-sized premium sedans. With the Model 3 priced on a par with gasoline powered mid-sized sedans, we believe China could become the biggest market for the Model 3," the company said last month.

Local rivals usually have a price advantage over foreign brands, thanks to support from the Chinese government and subsidies to the electric car sector.

Making cars in China could allow Tesla to take advantage of some support. Buyers of some locally-made electric cars with a driving rage of more than 400 kilometers are eligible for a subsidy of 25,000 yuan ($3,555), according to new rules introduced earlier this year, meaning the Shanghai-made Model 3 could get even cheaper. Tesla's Shanghai factory was added to the subsidy list last month, according to China's Ministry of Industry and Information.

Meanwhile, it also reduces the fallout for Tesla from the US-China trade war. China has imposed a 15% tariff on cars imported from the United States.

Still, while the company has built momentum in China, success may not come easy. China's car market has been in a slump since last year, and that decline has been exacerbated this year by the slowing global economy.

— Michelle Toh contributed to this report.

Elon Musk: Tesla will make cars in Berlin .
Less than three weeks after starting trial production of cars in China, Tesla has announced the location of its second factory outside the United States: Berlin. © Soeren Stache/Getty Images A Tesla Model 3 stands in the showroom at Kudamm in Berlin. In a tweet late Tuesday, Tesla CEO Elon Musk said the plant would build batteries, powertrains and vehicles, "starting with the Model Y." The factory is also expected to produce the Model 3, the company's best-selling car. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

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