Tesla to export China-made Model 3 vehicles

Tesla to export China-made Model 3 vehicles

Monitoring Desk

BEIJING/SHANGHAI: US electric vehicle maker Tesla Inc said on Monday it would export China-made Model 3 cars to more than 10 European countries this month.

Tesla, which started delivering vehicles made from its Shanghai factory in December, will export China-made cars in October to countries include Germany, France, Italy and Switzerland, the company said in a statement.

The Shanghai factory, Tesla’s first car plant outside of the United States, aims to build 150,000 vehicles this year.

The electric vehicle maker, which sold more than 11,000 Model 3 cars last month in China, the world’s biggest auto market, is also building new car manufacturing capacity in Shanghai to make it Model Y sport-utility vehicles.

Reuters reported in September that Tesla was planning to export Model 3 vehicles made in China to Asian and European markets, citing people familiar with the matter. (Reuters)

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