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12/6/19

China-built Tesla cars secure subsidies

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Tesla Inc said on Friday its Chinese-built Model 3 cars would receive state subsidies, a move that will help the U.S. electric vehicle maker's push into the world's biggest auto market. China's industry ministry had earlier said Tesla's Model 3 cars, being built at its $2 billion factory in Shanghai, were on a list recommended for subsidies for new energy vehicles (NEVs), which include plug-in hybrids, battery-only electric vehicles and those powered by hydrogen fuel cells. Tesla said

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China-built Tesla cars secure subsidies originally appeared on Autoblog on Fri, 6 Dec 2019 08:41:00 EST. Please see our terms for use of feeds.

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