China-built Tesla cars secure new energy vehicle subsidies

07 Dec 2019 News : China-built Tesla cars secure new energy vehicle subsidies https://lnkd.in/f5EvdcV ===================================== Extract : > It was not immediately clear how much of a subsidy the vehicles would receive. The starting price for China-made Model 3 cars is 355,800 yuan ($50,550), according to Tesla’s website. ( = Rs 35.4 lakh ) > The California-based electric vehicle maker aims to make more than 1,000 vehicles a week by the end of 2019 for it Shanghai plant and deliver the China-made vehicles before the Chinese new year on Jan. 25. The annual capacity at the factory in its first phase is expected to reach 250,000 vehicles, equivalent to about 4,800 a week. This will include 150,000 Model 3 cars. ================================== What kind of subsidies could make a Rs 35.4 lakh car " affordable " to the Chinese ( or . for that matter, to even Americans / Europeans ) ? Read : Will Tesla follow Apple ? [ 23 May 2017 ] https://lnkd.in/fZg5yQQ