Source: https://finance.yahoo.com/news/1-china-built-tesla-cars-090813220.html
Bob Wilson
BEIJING, Dec 6 (Reuters) - China's industry ministry has placed Chinese-built Tesla Inc. Model 3 cars on a list of vehicles recommended to receive subsidies for new energy vehicles, a move that will help the U.S. firm's push into the world's biggest auto market.
Two variants of Tesla Model 3 vehicles are listed on a recommendation list for China's generous subsidies for new energy vehicles (NEV), according to a post on the website of China's Ministry of Industry and Information Technology.
The California-based electric vehicle maker, which is building cars in a $2 billion factory in Shanghai, aims to make more than 1,000 vehicles a week by the end of 2019 and deliver the China-made vehicles before the Chinese new year on Jan. 25.
The annual capacity at the plant in its first phase is expected to reach 250,000 vehicles, equivalent to about 4,800 a week. This will include 150,000 Model 3 cars.
. . .
Two variants of Tesla Model 3 vehicles are listed on a recommendation list for China's generous subsidies for new energy vehicles (NEV), according to a post on the website of China's Ministry of Industry and Information Technology.
The California-based electric vehicle maker, which is building cars in a $2 billion factory in Shanghai, aims to make more than 1,000 vehicles a week by the end of 2019 and deliver the China-made vehicles before the Chinese new year on Jan. 25.
The annual capacity at the plant in its first phase is expected to reach 250,000 vehicles, equivalent to about 4,800 a week. This will include 150,000 Model 3 cars.
. . .
Bob Wilson