Chinese competitor struck a blow for Tesla

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www.vsyako.netImage: Kandi Technologies

Chinese competitor to Tesla, manufacturer of electric vehicles Kandi Technologies, has announced the opening of pre-orders for its electric vehicles in the United States. This writes the Business Insider.

The company said that the people of the United States 18 Aug 2020 can make a Deposit in the amount of $ 100 for its car models К23 and K27. Delivery of Kandi electric vehicles will start in the USA in the fourth quarter of 2020. On the news, shares of the Chinese manufacturer in two days have soared by 350 percent.

The company plans to strike at the company Ilona Mask, since Kandi electric vehicles significantly more affordable than the Tesla machine. The cheapest model of the American company’s Model 3 will cost 31.7 thousand dollars, while the K27 will cost 13 thousand dollars, and К23 — 22.5 thousand dollars.

Tesla, meanwhile, is pursuing expansion of the Chinese market. In the beginning of 2020, the company opened its first manufacturing plant near Shanghai, where going to produce a sports car Model Y. In July it became known that Tesla has recruited new employees in the Chinese company.

Video, photo All from Russia.

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