Automobile

Reports: Tesla Considering Export of China-Made EVs to the US

According to reports, Tesla is considering exporting electric cars produced in China to the United States, which is a reversal that will reflect the deepening cost advantage of Tesla at its Shanghai plant and decreasing demand from Chinese consumers.

Tesla has been studying whether parts made by the company’s China-based suppliers are getting any complaints with local regulations in North America, and if they could ship China-made Tesla Model Y and Model 3 cars for sale in the North American region as soon as 2023. This step from Tesla could also open a channel for exports to Canada.

Tesla’s Shanghai-based gigafactory has the capacity to manufacture 1.1 million electric vehicles per year after an upgrade, making the factory Tesla’s most productive manufacturing hub in the world. The plant is responsible for producing Tesla Model 3 sedans and Model Y crossovers to be sold in China, and also for export to international automobile markets, including Australia, Europe, and South East Asia.

Until now, Tesla had been selling and shipping every vehicle it manufactured in the Shanghai factory, but the inventory levels increased by the largest margin ever in October 2022, according to data.

This new plan could create new complexity for buyers in the United States, and under the terms of a new electric-vehicle subsidy and production plan by the US government, the incentive that is available for an individual vehicle can differ depending on whether it was imported.

Writing is a medium to express feelings and convey facts. A creative mind never rests in peace and this amazing platform gives me the freedom to write about what I like most.

I’ve been a writer/blogger for the last twelve years and have covered technology-related topics. However, I also have considerable years of experience in writing for various domains – Technology, Beauty, Fashion, Pharmaceutical, human psychology etc. Technology is my forte.

I’ve handled many interesting projects. Writing is my passion. As an author, I’ve learned a lot in my long journey of penning down my thoughts!

Recent Posts

Premier League Clubs Agree to Remove Gambling Sponsorships from Team Shirts

After discussions with the government, Premier League clubs have agreed to stop sponsoring their front…

1 year ago

Russia’s Novatek to Gain Shell’s Stake in Sakhalin-2

Analysts reported that Novatek, a Russian natural gas producer, acquired Shell's stake in the Sakhalin-2…

1 year ago

Volkswagen Launches New-Gen Electric Motor to Power its “ID” Family

The electric drivetrain of the next generation for Volkswagen's "ID" has been unveiled. Family EV.…

1 year ago

Egg Prices to Reach Record High in 2023 Globally

According to research, global egg prices are expected to remain at an all-time high until…

1 year ago

Audi Selects Ohme as Smart Charger Partner in UK

Ohme becomes Audi's Official UK Smart Charger Partner Ohme has been selected as Audi's new…

1 year ago

General Motors Invests EnergyX to Unlock Lithium Supply in North America

GM Ventures has signed a strategic agreement to develop EnergyX's lithium extraction and refinery technology,…

1 year ago