Tesla to export China-made Model 3 vehicles to Europe

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BEIJING/SHANGHAI (Oct 19): US electric-vehicle maker Tesla Inc said today it would export China-made Model 3 cars to more than 10 European countries this month.

Tesla, which started delivering vehicles made from its Shanghai factory in December, will export China-made cars in October to countries include Germany, France, Italy, and Switzerland, the company said in a statement.

The Shanghai factory, Tesla's first car plant outside of the United States, aims to build 150,000 vehicles this year.

The electric-vehicle maker, which sold more than 11,000 Model 3 cars last month in China, the world's biggest auto market, is also building new car-manufacturing capacity in Shanghai to make its Model Y sport utility vehicles.

Reuters reported in September that Tesla was planning to export Model 3 vehicles made in China to Asian and European markets, citing people familiar with the matter.