Tesla starts delivering its Shanghai-made Model 3s
Fifteen electric sedans ordered by employees of the new Tesla factory in Shanghai were delivered at a ceremony on Monday. [Photo provided to China Daily]
US electric carmaker Tesla Inc started deliveries of Shanghai-made vehicles in China on Monday, which are expected to facilitate its foray into the world's largest new energy vehicle market.
Fifteen Model 3 sedans were delivered to its employees at the $2 billion Shanghai plant, Tesla's first overseas factory, ahead of schedule in the first quarter of 2020.
Wang Hao, a senior executive at Tesla China, said the plant has already achieved its production target of 1,000 units a week and that orders for the China-made sedan have been "very good" so far. Tesla will ramp up deliveries in January, he said.
The plant, which broke ground in January 2019 and started trial production in October－record speed for global carmakers in China－was hailed by CEO Elon Musk as a "template for future growth".
Tesla's Shanghai factory is China's first wholly foreign-owned car plant, showing the country's effort to open up its automotive market, which has been the world's largest since 2009.