“We are holding today a ceremony to mark the start of the China-made Model Y programme,” senior Shanghai government official Zhu Zhisong said at the ceremony, also attended by billionaire CEO Elon Musk, Shanghai Mayor Ying Yong and other senior government officials.
Electric vehicle enthusiast and Chinese resident Yan Chang (@cyfoxcat) shared the picture of the poster on Twitter yesterday. Chang was one of the first people who had the opportunity to drive the Made-in-China Model 3 in November 2019.
Tesla delivered China-made Model 3 cars to 10 customers from the public on Tuesday.
Construction of Tesla’s first plant outside the United States began in January and production started in October.
The factory started with a production capacity of 150,000 Model 3 sedans and Tesla aims to push that to 250,000 vehicles a year, including Model Y, in the plant’s first phase.
Shanghai Vice Mayor Wu Qing said he hoped to see Tesla extend its cooperation with the city and for the car maker to manufacture more models at its Chinese plant.
Tesla unveiled its Model Y in March 2019 and said in October that production of the electric compact SUV at its Fremont facility was running ahead of schedule.
It has said that margin expectations are higher for Model Y than Model 3, while production costs are roughly the same.