Tesla has finished its first shipment from the Shanghai facility to North America. The company will now offer the Model 3 and Model Y for sale in Canada. The long – range all – wheel – drive Model 3 and the rear – wheel – drive Model Y are both ready for pickup right away in British Columbia, Canada, according to Tesla’s website. Both cars are eligible for a federal govt subsidy of 5,000 Canadian dollars. However, it’s not known how many Tesla cars built in China are on sale or open for sale in Canada.
Cars built at Tesla’s Shanghai facility for export to global markets may aid in the sale of cars produced in its California and Texas factories in the United States. These may be eligible for tax breaks of up to $7,500 under a U.S. govt subsidy scheme. However, Tesla is facing increased price and feature rivalry from Chinese electric car makers. The company’s Berlin factory has been scaling up Model Y production for European buyers.
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Tesla Model Y made in China are cheaper
Tesla has gained from its lower prices globally by basing its production facility in China. The price of the Chinese – made Model Y in Canada is 61,990 Canadian dollars. This is around 22% more expensive than the price of the same car prior to China’s launch of the special policy. Tesla is able to export cars built in China to Canada, and these models are also eligible for subsidies. This is because Canada does not bind electric car subsidies to the location of car production plants.
An inquiry by IT Home reveals that the first three digits of a car’s identifying number (VIN) match the code Tesla Motors uses when offering cars for sale. This makes it clear that Tesla’s Shanghai factory produces the Model 3 and Model Y which are sold in Canada. Sales of Tesla cars in Canada will aid in the company’s growth of its market share in North America. It will also open up a new market for Tesla cars produced in China.
As of now, we do not know the quality control and safety standards of Tesla’s Chinese – made cars. This may be a major concern for potential buyers of these Tesla cars in Canada. Hopefully, the company will release an official statement in this regard.