Tesla has started taking reservations for its Cybertruck in China, a strategic move to gain early insight into the market interest for an all-electric heavy-duty utility vehicle.
The company has opened its online ordering process for Cybertruck, giving interested parties the opportunity to reserve the futuristic van for RMB 1000 or approximately $ 141. By sharing similar terms with American consumers who deposited $ 100 to reserve a spot in Online for the Cybertruck, Tesla offers a fully refundable cancellation policy as part of its presale agreement.
As the Elon Musk-led company continues to deepen its roots in China, with the continued expansion of its Shanghai production plant and ongoing partnerships with local logistics and supply chain companies, have an early understanding of demand. Regional trucking is paramount to long-term success. term execution.
China is currently the second largest truck market in the world. In a country that has experienced an economic boom of more than a decade driven by a greater appetite for conventional consumer products, rapid construction has led to increased demand for commercial utility vehicles, a market that Tesla would certainly want to take advantage of with the Cybertruck.
Combined with a reduction in government restrictions on foreign companies settling in China, American manufacturers like Ford and GM continue to explore expansion opportunities in the world’s largest auto market, an advantage Tesla has already secured.
While it’s still too early to know whether consumer demand for the massive Tesla Cybertruck will catch up in China, local fans have shown an interest in the futuristic-looking vehicle by creating life-size replicas as fodder for social media.
Tesla Cybertruck will be offered in three variants that vary based on range, performance, and towing capacity. The most affordable Cybertruck will start at $ 39,900 for a single-engine, rear-wheel-drive setup that will have 250 miles of range. Tesla also offers a dual-engine, all-wheel-drive trimotor version that will retail for $ 49,900 and $ 69,900, respectively.
Production of the Tesla Cybertruck is expected to begin in 2021 from the company’s main factory in Fremont, California. The company is currently in the final stretch of finding a second location for a “Cybertruck Gigafactory” manufacturing facility that will supply East Coast buyers.
