BEIJING: Tesla Inc delivered its first China-built cars, a milestone for Elon Musk’s company as it accelerates a push in the world’s largest electric-vehicle market.
The company handed over the first 15 Model 3 sedans assembled at Tesla’s new multibillion-dollar Shanghai plant -- its first outside the US -- to company employees at the facility on Monday .
The China plant could also help Musk build on recent momentum for the company in the world’s largest market both for EVs and autos in general. The Model 3 will compete with electric cars from local contenders such as NIO Inc. and Xpeng Motors, as well as global manufacturers including BMW AG and Daimler AG.
The plant is now producing more than 1,000 cars a week, and aims to double the rate over the next year, said Song Gang, the factory’s manufacturing director. That means the facility has met a prediction Musk made back in April.
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