Published

Tesla Begins Online EV Sales in China

California-based Tesla Motors Inc. has begun taking online orders in China for its Model S electric sedan, Bloomberg News reports.
#hybrid

Share

California-based Tesla Motors Inc. has begun taking online orders in China for its Model S electric sedan, Bloomberg News reports.

Tesla introduced the car in China in April. Shipping and local fees hike the price of the Model S, which retails for about $75,000 in the U.S., to more than $121,000.

The company is marketing the Model S through Tmall.com, the online shopping mall operated by Hangzhou-based Alibaba Group Holding Ltd. Several other carmakers, including General Motors, Honda, Nissan, Peugeot and Volkswagen, also sell vehicles on Tmall.com

Tesla customers can use the Web site to place a 50,000-yuan ($8,200) deposit for one of 18 Model S cars being offered initially. The EVs are preconfigured, meaning buyers can choose a color but no other options.

Tesla has been partnering with hotels, property developers and China Unicom Ltd. to install hundreds of EV charging locations in 120 cities.

RELATED CONTENT

  • Internal Combustion Engines’ Continued Domination (?)

    According to a new research study by Deutsche Bank, “PCOT III: Revisiting the Outlook for Powertrain Technology” (that’s “Pricing the Car of Tomorrow”), to twist a phrase from Mark Twain, it seems that the reports of the internal combustion engine’s eminent death are greatly exaggerated.

  • 48-volt Hits Production

    “In 2025, approximately one in five new vehicles across the world will be equipped with a 48-volt drive,” Juergen Wiesenberger, head of Hybrid Electric Vehicles at Continental North America said last week.

  • Chevy Develops eCOPO Camaro: The Fast and the Electric

    The notion that electric vehicles were the sort of thing that well-meaning professors who wear tweed jackets with elbow patches drove in order to help save the environment was pretty much annihilated when Tesla added the Ludicrous+ mode to the Model S which propelled the vehicle from 0 to 60 mph in less than 3 seconds.

Gardner Business Media - Strategic Business Solutions