Tesla reduces model 3 price in China to CNY 249,900, which equals to £28,638.
Using CATL LFP batteries cuts the costs.
Using CATL LFP batteries cuts the costs.
But we can’t buy it for that price can we.....very disappointedTesla reduces model 3 price in China to CNY 249,900, which equals to £28,638.
Using CATL LFP batteries cuts the costs.
Maybe tesla also will cut price in UK, I heard that from Q4, Tesla will deliver Shanghai-made Model 3 to Europe, replaces the California-made ones.But we can’t buy it for that price can we.....very disappointed
Well this will cause sales trouble for are the other EV brands.Maybe tesla also will cut price in UK, I heard that from Q4, Tesla will deliver Shanghai-made Model 3 to Europe, replaces the California-made ones.
tesla's target is killing ICE cars, not other EVs. In China, all people think there will be another 30000CNY (£3500) cut of model 3 during next one year. Shanghai factory has a capacity 4000 units per week now, and it will expand to 20000 units per week in one or two years.Well this will cause sales trouble for are the other EV brands.
Tesla also have two cheaper models in the pipeline for 2021/ 2022 @ about 20k and 25k so the other brands may struggle to sell. I am a bit worried Tesla will wipe out resale value of the current ZS EV in next few years.
I agree the Chinese have made things favourable for Tesla but not sure where you are getting your other data from.1. Shanghai-made Tesla model 3 can be delivered up to 4 weeks after ordering, in China, no waiting list, Shanghai gigafactory has enough capacity.
2. In China, the best selling solely EV producer is NIO, its total stock value just surpassed Ford,, Xpeng is good but not as good as NIO, the question is that NIO and Xpeng dont have their own factories, they cars are made by other ICE producers.
3. I think all ICE producers made big mistakes, they undervalued Tesla, and didn't believe BEVs time will coming so quickly, the result is, most ICE gaints dont have enough technologies to produce high quality BEV.
4. the attitude of china goverment, china is the largest car market, but the level of china's ICE car producers are all very low, including technologies, brands, and other factors. so the electrification is a good opportunity to chase and exceed international gaints. to elon musk, China is the only market to enlarge tesla, it is a big deal, i know some details, such as tesla can built a 100% tesla owned factory in shanghai, the field is free, no taxes in few years, model 3 can gain gov grant like other china made BEVs and PHEVs, tesla promised 100% localization at the end of 2020. till now, it looks a double win game.
I agree the Chinese have made things favourable for Tesla but not sure where you are getting your other data from.
Chinese government data seems to suggest other trends.
There is a lot of hype and failure to deliver by Tesla in terms of time scale. And currently no EV manufacturer produces a mountain of cars just waiting to be bought.
Tesla approach is always to create a lot of hype which results in a large order book of at least 8 to 12months production before it starts any production.
That is amazing.I dont know how tesla sells products om UK or Europe, but in China, customers use APP to order, then the car will arrive during 1 to 4 weeks after paying.
below is the screenshot of tesla's APP.
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