Tesla to export China-made Model 3 vehicles to Asia and Europe:
Tesla is planning to export Model 3 vehicles made in China to Asian and European markets, two sources familiar with the matter told Reuters on Friday.
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The company, which currently builds its vehicles in China at a plant in Shanghai, also plans from next year to sell China-made Model 3 vehicles to Japan and Hong Kong.
Sources also said that target markets included Singapore, Australia and New Zealand.
According to Bloomberg, mass production is expected to start in the fourth quarter of the year and distribution could start by the end of the year or the start of 2021.
Tesla’s main factory is in California, where it ensembles Model S, Model X, Model Y and Model 3 cars. It is also building its first European factory in Berlin which is set to start production mid-2021.