Shulou(Shulou.com)11/24 Report--

CTOnews.com, May 23 (Xinhua)-- Tesla will sell Chinese-made Model 3 and Model Y models in Canada, confirming that the company has completed the first shipment from its Shanghai plant to North America.

According to Tesla's website, the rear-wheel drive Model Y and the long-range all-wheel drive Model 3 are currently available for immediate delivery in British Columbia, Canada. Both cars are eligible for a federal subsidy of C $5000 (CTOnews.com Note: currently about 26050 yuan). But it is not clear how many Chinese-made Tesla cars can be bought in Canada, or how many have been sold.

▲ source Tesla Canadian official website Tesla's Shanghai plant exports cars to overseas markets that may help its California and Texas plants sell in the United States, which are eligible for a potential tax credit of up to $7500 under the U.S. government subsidy program. But Tesla faces increasing competition from Chinese electric carmakers for price and functionality, and his Berlin plant has been ramping up production of Model Y for European customers.

Tesla's production base in China occupies the company's global cost advantage. The Chinese-made Model Y costs C $61990 (currently about 323000 yuan) in Canada, which is about 22% higher than the cost of the equivalent car before the preferential policy was introduced in China. However, because Canada does not link electric vehicle subsidies to the location of car production plants, Tesla is able to export Chinese-made Model 3 and Model Y models to Canada, and these models are also eligible for subsidies.

CTOnews.com inquiry learned that the code Tesla used when listing vehicles for sale corresponds to the first three digits of the vehicle identification number (VIN). The VIN of Tesla models produced by the Shanghai factory all begins with the letter "LRW", so it can be judged that the Model 3 and Model Y sold in Canada are made by Tesla Shanghai Factory. Tesla's sales in Canada will help expand its share of the North American market and provide a new market for Chinese-made Tesla cars.

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