Caixin
Caixin Global – Latest China News & Headlines

Home >

TRENDING
Didi Swings to Quarterly Profit, but Overseas Push Weighs on First-Half Results
China’s DJI and Arashi Vision Escalate Battle for 360-Camera Market
DeepSeek Launches V4-Pro and Raises API Prices by as Much as 1,100%
LATEST
China’s DJI and Arashi Vision Escalate Battle for 360-Camera Market
Didi Swings to Quarterly Profit, but Overseas Push Weighs on First-Half Results
Z.AI Pushes AI Model With Coding Edge to Rival Anthropic, Open AI
DeepSeek Launches V4-Pro and Raises API Prices by as Much as 1,100%
Tencent Shares Fall as AI Spending Squeezes Profit
Honor’s New Smartphone Doubles as a Robotic Camera Operator
YMTC Overtakes Kioxia by Shipments to Rank No. 3 in Global NAND Market
ModelBest Begins Pre-IPO Tutoring as On-Device AI Competition Heats Up
U.S. Proposes Ban on Domestic Drone Maker Over Alleged DJI Ties
Manus Cuts Ties With Meta as Tencent Emerges as Top Backer
Cautious Regulators Steer China’s Flying Vehicle Industry to Prioritize Cargo Over Commuters
Alibaba Opens Qwen Platform to Outside Developers in Push to Build AI-Agent Ecosystem
Moore Threads Plans Hong Kong Listing to Fuel AI Chip Push
Beyond the Backflips: Unitree Robotics Faces High Expectations Ahead of Shanghai Debut
ByteDance Accepts AI Gap, Sticks With In-House Models
MiniMax Shares Surge After Joining Hong Kong Stock Connect
Chinese Robotics Startup PokeBot Raises Hundreds of Millions of Dollars
U.S. Drafts Ban on Chinese Optical Modules, Exposing Mutual Supply Chain Risks
Alibaba Releases New Qwen Model, Consolidates AI Office Tools
DeepSeek Releases Official V4-Flash Model as China’s AI Race Intensifies

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