Tesla secures tax exemption on new made-in-China Model Y

 

https://electrek.co/2020/11/30/tesla-tsla-secures-tax-exemption-on-new-made-china-model-y-production-start/

 

Tesla (TSLA) has secured tax exemptions for “new energy vehicles” in China for its upcoming new Model Y made at Gigafactory Shanghai.

It’s one of the last steps before the electric SUV can be delivered to customers in the country.

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Tesla has been guiding a start of production and deliveries of the Model Y in China in “early 2021.”

Production is expected to start any day and ramp to higher volumes in the coming months for deliveries in Q1 2021.