'No time to eat': Tesla Model 3 flying off shelves in China after price cut

Tesla Model 3 has managed to emerge as the dominant player in the Chinese EV market.A recent price cut has seen demand for Model 3 Standard Range go
File photo - A Tesla China-made Model 3 vehicle owner sits inside a car during a delivery event at Tesla's Shanghai factory. (REUTERS)
File photo - A Tesla China-made Model 3 vehicle owner sits inside a car during a delivery event at Tesla's Shanghai factory.

Tesla Model 3 electric car is continuing to rule sales chart in China, the world's largest market for electric vehicles, and a recent price cut has made the vehicle even more popular than it has been since local manufacturing first began late 2019. According to reports, Tesla stores in the country are reporting a sharp uptick in demand and orders for what is currently the most affordable offering from the American EV maker.

According to a report in Teslarati quoting a Tesla representative, Model 3 has seen a sudden but sure-footed spike in demand due to price adjustments made recently. The car - Model 3 Standard Range - now starts at CN 249,900 ($36,800 or 26.95 lakh) and is therefore, cheaper than the same car made in the US market for American customers. Reports also suggest that such has been the magnitude of demand for Model 3 now that showrooms are struggling to keep up with the constant flow of prospective customers. Some say representatives here don't even have time to eat as they are too busy

Also check these Cars

Find more Cars
Tesla Model 3 (HT Auto photo)
82kWh 225 kmph 555 km
₹ 70 - 90 Lakhs
View Details
Tesla Model S (HT Auto photo)
75 kWh 200 396 km
₹70 Lakhs - 1 Cr
View Details
Byd Atto 3 (HT Auto photo)
60.48 kWh 160 Kmph 521 km
₹ 33.90 Lakhs
Bmw 3 Series (HT Auto photo)
2998.0 Multiple Both
₹ 42.30 - 62.90 Lakhs
View Offers
Bmw 3 Series Gran Limousine (HT Auto photo)
1998.0 Multiple Automatic
₹ 57.90 - 59.50 Lakhs
View Offers
Mg 4 Ev (HT Auto photo)
64kWh 160 Kmph 350 km
₹ 30 - 32 Lakhs
View Details

China has extended its subsidy policy for EVs but only up to a certain price bracket. This resulted in Tesla slashing the price of its Model 3 to help it fall in the bracket that is valid for subsidies. Many feel that it has been like a masterstroke to ensure that potential buyers do not head over to rivals for the want of such subsidies.

And while Model 3 Standard Range is getting maximum attention, Model 3 Long Range RWD too received a price cut and has also been getting traction in the Chinese EV market.

In a country where local players are almost as dominant as international car makers, Tesla's rise has been meteoric and to a degree that has made the Chinese market extremely crucial for the global prospects of the California-based company.

First Published Date: 02 Oct 2020, 08:46 AM IST

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.