Last month, reports from China said Tesla had changed its mind and now plans to start exporting Chinese-made Model 3 vehicles to other markets.
This was confirmed earlier this month when Tesla announced it would be sending China-made Model 3 vehicles to Europe.
Today, Tesla hosted an event to celebrate the start of exports from China.
The document reports today (translated from Chinese):
“On October 26, an event for Chinese-made vehicles exported to Europe was held at the Tesla Gigafactory in Shanghai. Around 7,000 Model 3 vehicles manufactured in China will leave tomorrow for export to the European market. They are expected to arrive in Belgian ports at the end of next month and are sold in a dozen countries, including Germany, France, Italy, the Netherlands, Portugal, Switzerland and Sweden. “
The executive deputy mayor of Shanghai was present at the ceremony and said Tesla can currently produce between 3,500 and 4,000 vehicles per week at Gigafactory Shanghai.
Zhu Xiaotong, head of Tesla in China, said at the event:
“Today is barely 10 months before the delivery of the first batch of Model 3 made in China. The China-made Model 3 can now not only supply the Chinese market on a large scale, but also meet all the certification requirements to enter the European market. “
While the first shipment is estimated at around 7,000 vehicles, it is not known what the frequency and volume of shipments will be.
The shipment is bigger than I personally expected.
Tesla is now joining several other automakers, such as Polestar and BMW, to produce electric vehicles in China for the European market.
What concerns me more is that Tesla was supposed to have more than enough demand in China to sell the vehicles produced at Gigafactory Shanghai.
However, it looks like the production ramp has gone so well and has now exceeded demand.
I think the Chinese market is currently waiting for Tesla’s Model Y and the demand for the Model 3 could be capped at around 100,000 units per year.
What do you think? Let us know in the comment section below.
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