Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Chinese Firms Urged to Fortify Online Brands as Cybersquatting Costs Mount
Tech Brief (Oct. 16): China’s Tech Minister Meets With Apple CEO
China Debuts Ultrafast Oscilloscope in Drive to Break Tech Barriers
LATEST
Chinese Firms Urged to Fortify Online Brands as Cybersquatting Costs Mount
Tech Brief (Oct. 16): China’s Tech Minister Meets With Apple CEO
China Debuts Ultrafast Oscilloscope in Drive to Break Tech Barriers
Tech Brief (Oct. 15): Google to Invest $15 Billion in India for AI Hub
Tech Brief (Oct. 13): Wingtech Temporarily Loses Control of Dutch Chipmaker Nexperia
Tech Brief (Oct. 10): China’s AI Server Market Doubles
Tech Brief (Oct. 9): SoftBank to Acquire ABB’s Robotics Business
Tech Brief (Sept. 30): U.S. Widens Export Blacklist
U.S. Tightens Export Controls to Cover Subsidiaries of Blacklisted Firms
DeepSeek Unveils New Model With Sparse Attention, Slashes API Costs
Tech Brief (Sept. 29): Meituan’s Food-Delivery Platform Keeta Launches in Dubai
Chinese Chipmaker Moore Threads Gets Fast Track Approval to $1.1 Billion IPO
Chinese Drone Maker XAG Files for Hong Kong IPO After First Annual Profit
GPT Weekly: Nvidia to Invest $100 Billion in OpenAI
Tech Brief (Sept. 26): Trump Approves TikTok Deal
Xiaomi Ups the Stakes in Premium Market With iPhone-Style 17 Series
Yangtze Memory’s Parent Restructures to Pave Way for IPO Amid Sanctions Pressures
Tech Brief (Sept. 25): Alibaba Launches AI Models
Alibaba Bets Big on ‘AI + Cloud’ With New Models, Nvidia Deal
GlobalFoundries Boosts U.S. Investment, Adds China Fabs to Meet Auto Chip Demand

By Han Wei / Feb 02, 2019 03:36 AM / Business & Tech

Photo: VCG

Photo: VCG

American electric vehicle maker Tesla Inc. is adding a new offer to Chinese car buyers’ wish lists as the country starts to celebrate the Lunar New Year.

Tesla started taking orders Friday in China for a lower-priced version of its Model 3 car, seeking to attract more buyers in the world’s largest auto market as sales have been hurt by the trade war with the U.S.

Prices for the long-range, rear-drive Model 3 variant start at 433,000 yuan ($64,300.56), compared with 499,000 yuan for the Model 3 available in China last month. Tesla said earlier that it would start delivering Model 3s in China in March.

The California-based company currently imports all vehicles from the U.S. to China, exposing Tesla to the risks of the U.S.-Sino tariff. Tesla is building its first China factory in Shanghai, to start production in the second half this year with capacity to build 3,000 Model 3 vehicles a week.

Related: Musk to Break Ground for Tesla China Plant at an Uncertain Time

Share this article
Open WeChat and scan the QR code