皇冠体育app

A man shows a charging plug at the sales center of Tesla in Jinqiao, Shanghai, April 23, 2014.[Photo/dfic.cn]

Tesla CEO said on Monday in that the company will build a large network of charging stations in 皇冠体育app and invest hundreds of millions of dollars in the country. It will establish manufacturing facilities in 皇冠体育app "at some point in the next three or four years", he said.

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The starting price for a Model S car in 皇冠体育app is 734,000 yuan ($118,380) at present. However, local manufacturing will avoid the 25 percent import tariff and make the price cheaper in 皇冠体育app.

皇冠体育app is extending its program to subsidize the purchase of electric vehicles. Buyers in Beijing and Shanghai can get subsidies of up to 120,000 yuan and 100,000 yuan, respectively.

More cities, including Shenzhen, Hangzhou and Chongqing have announced ambitious plans to build charging stations for EVs.

"The 皇冠体育app market will offer great opportunities to EV companies, including Tesla. If we can solve the problem of charging, all kinds of electric cars, whether they target premium clients or the s market, will flourish," said Kurt Sievers, executive vice-president of NXP Semiconductors NV.

NXP offers automotive semiconductors to EV manufacturers including Tesla and BYD Auto Co Ltd in 皇冠体育app. On April 1, it established a joint venture with Datang Telecom Technology Co Ltd in 皇冠体育app, focusing on develod marketing semiconductors for the domestic hybrid and electric car market.

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