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Tesla will deliver its first Chinese-built Y Model this month

Tesla said Friday it has started selling a China-built Y SUV and will deliver it to customers this month, as the US electric car maker expands sales in the world's largest auto market.


China is important to Tesla's global strategy, and Beijing is providing support for electric cars as it seeks to cut pollution from gasoline and diesel cars.


Tesla is expanding its car plant in Shanghai, where it manufactures Model 3 sedans, and in October it began exporting Model 3 cars to Europe.


The company is also adding manufacturing capabilities for electric vehicle chargers in Shanghai and expanding its sales and service network around the world. It sold more than 20,000 cars in November.


The selling price of the Y model in China now starts at 339,900 yuan ($ 5,2091.95), according to its China website.


Tesla's competitors in China include Volkswagen and BMW, as well as domestic start-ups such as New, X-Peng and Lee Auto, all of which are building electric, SUVs.

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