BEIJING: US electric car maker Tesla cut the starting price of its Chinese-made Model 3 sedans by about 8% to 249,900 yuan (US$36,805), once Chinese subsidies for electric vehicles are taken into account, according to its China website.
Previously, the starting price for Model 3 sedans made in Tesla’s Shanghai factory with a standard driving range was 271,550 yuan, after state purchase subsidies.
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