The Chinese Tesla factory will manufacture 3,000 cars a week



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US electric car manufacturer Tesla plans to produce 3,000 Model 3 sedans each week at its Shanghai plant when the Chinese plant begins to operate, according to a Sina report, citing regulatory filings made Friday at the Securities and Exchange Commission. Exchange Commission (SEC) of the United States. .

The California automaker of electric cars aims to increase model 3 production to about 10,000 units a week, which means that nearly one third of the vehicles will be manufactured in China in the near future.

In July, the Shanghai government announced that Tesla would create a wholly owned 100,000-a-year-old factory in the city, which would also become the largest foreign investment manufacturing project in the country. city.

China is Tesla's largest foreign market, where the S and X models are now available for sale. But trade tensions between the world's two largest economies, the United States and China, are clouding the trade outlook.

Tesla car retail prices increased from 139,000 yuan ($ 20,172) to 256,000 yuan ($ 37,151) on July 7, with China imposing an additional 25% tariff on US goods to counter-attack US tariffs on products imported from China from July 6 a local Chinese report.

Tesla has announced plans to increase investment in factories and equipment to the tune of $ 6 billion over the next two years, including the Shanghai plant, where the US company plans to strengthen the location levels through local manufacturing and supply.

The US company said it would take about two years to build the plant and start production in Shanghai, and plans to transfer part of the Model 3 production to China in 2019, while Tesla vehicles manufactured in China will only be offered to Chinese consumers. to the Sina report.

China is the largest automotive market in the world and has sales of 24.72 million passenger cars and about 777,000 new energy vehicles in 2017. The Association's data also show that more than 17,000 cars Tesla was sold in China last year, up 51% from 2016.

The Chinese government also aims to ban sales of gasoline and diesel vehicles by 2030, with the goal of achieving 100% of electric vehicle sales. from here there.

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