The company has already launched Model 3 production at its new plant in China, and then announced the creation of a research center. But, judging by the latest data, Elon Musk has much more ambitious intentions for this market.
In the WeChat messenger, the company distributed an image of a mysterious electric vehicle. Judging by the sketch, the new product will be somewhat similar to the Model Y, but will be noticeably smaller in dimensions.
Tesla intends to involve Chinese engineers in creating this electric car. The car's design will also be developed with an eye to local demands and tastes of buyers.
In addition, the brand's global models may receive minor refinements specifically tailored for the Chinese market. Which of them will be first and when this will happen is not yet reported. Currently, the main priority is to fine-tune Model 3 production and bring its price down to $37,000, that is, approximately to the level of its cost on the American market.
The enterprise started operating on January 3, 2020. At the moment, they assemble the Model 3 with a localization share of 30 percent, but by the end of the year they plan to bring this figure to 100 percent. Following the sedan, the Model Y crossover will be put on the assembly line. Overall, the plant's production capacity allows for up to 250,000 vehicles annually.
