Tesla Model 3 Ordering Frenzy Spreads To China

After it made Americans queue for blocks to place a deposit, the Model 3 seems to have worked its magic to the Chinese.

Speaking with SouthChinaMorningPost, the brand’s Vice President for Asia-Pacific, Ren Yuxuang, said that the People’s Republic accounts for a significant number of reservations, without disclosing the figure: “The potential is huge, and Tesla is fully committed to developing for the Chinese market.

Tesla officials’ optimism when it comes to the brand’s future in the world’s number one car market is not, however, shared by all.

As the infrastructure for new-energy vehicles is not mature enough, customers will prefer cheaper models”, commented AutomotiveForesight’s consultancy analyst Zhang Yu. “Although Model 3 is claimed to be an affordable one, the price is still too high.

If everything goes as planned and there are no significant delays, Chinese customers who already placed an 8,000 yuan ($1,240) deposit for the Tesla Model 3 should expect their cars to arrive late 2018 or early 2019, following the introduction on the North American market, scheduled for the end of next year.

However, the brand’s officials could have an ace up their sleeve in the long run, as reports indicate towards an imminent announcement of a first Tesla plant in China.


Top 5 Things You Need To Know About The 2019 Porsche Macan

The facelifted Macan brings enhanced styling, a new infotainment system and a revised 2.0-liter turbo four.

2019 Kia Cerato/Forte Hatch Is A Good Buy – But Can It Excite You?

The all-new Kia Cerato offers good value for money and a very decent ride, so it should be enough for most.

This Man Bought A Rolls-Royce Phantom For $80K, So How Did It Turn Out?

Instead of a brand-new Lincoln Navigator, you can get a modern Rolls – if you’re brave enough.

2019 Geneva Motor Show A-To-Z Of All New Cars And Concepts

A round up of all the production and concept cars debuting at the Geneva Motor Show.

Thank God We’ll Never See An Urus-Based Pickup Truck. Right Lambo?

Lamborghini has made an SUV, but won’t build a pickup – or at least we hope so.

Mother And Kids Almost Hit By Car Braking In The Snow

This incident in Canada could have been much worse if the car hadn’t come to a stop in time.

BMW M850i Vs. Mercedes-AMG S63 Coupe Drag Race: Davai!*

The M850i and S63 Coupe go head-to-head in Russia – and their race has a clear winner.

Climb Aboard The Fully-Working, Life-Size Lego Bugatti Chiron

Powered by 2,304 tiny motors from the Lego Power Function series, the model can hit a top speed of 12 mph.

Could These Spy Shots Provide Our First Look At Rivian’s Future Off-Roader?

Rivian’s third model will be more capable off-rioad than both than the R1T and R1S.

White And Gold Lamborghini Aventador SVJ Is Screaming To Be Adopted

Instead of the usual orange or green flashy colors, this Aventador SVJ is sporting a much more tasteful livery.