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Tesla Poised to Storm China

Electric car manufacturer Tesla is preparing to begin deliveries of the popular Model S plug-in vehicle in China.

Electric cars have been a somewhat hard sell in China, as only 17,600 plug-in vehicles were sold last year. But the Chinese government is keen to change that and has begun throwing around incentives to encourage adoption of greener vehicles.

In fact, Swedish automaker Saab recently launched an all-electric version of the 9-3 sedan, specifically targeting China’s rich electric vehicle subsidies.

Initially, the Tesla Model S will be available for $121,000 in China. That price matches what the company charges in the United States, plus shipping and taxes.

Building cars in China

“At some point in the next three or four years we’ll be establishing local manufacturing in China,” Tesla CEO Elon Musk said. “China is very important to the future of Tesla. We’re going to make a big investment in China in terms of charging infrastructure.” 

The move would help the company avoid hefty import taxes that China slaps on imported vehicles.

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