U.S. agency opens probe into 115000 Tesla vehicles over suspension issue

According to the China Passenger Car Association (CPCA), the retail sales of the homegrown Model 3 totaled 92,051 units for the first ten months of 2020, 47,775 units more than that of the runner-up Aion S.

The U.S. National Highway Traffic Safety Administration (NHTSA) started an investigation into Tesla cars due to safety concerns with the front suspension of the vehicles.

Tesla did not immediately respond to a request for comment.

Those electric vehicles will then be shipped to countries including Germany, France, Italy, Spain, Portugal and Switzerland for sale.

China is the main growth driver for many carmakers, in particular Tesla, which intends to benefit from the country's ambitious targets for reducing Carbon dioxide emissions.

The new plant, which will be located near its Gigafactory in Shanghai, will have the capacity to produce 10,000 chargers every year.

She noted that the design of the Gigafactory in Shanghai is fully in line with global standards, which ensures its products are able to satisfy diversified consumption needs from all over the world. Exports of vehicles and batteries from the plant are estimated to reach 450 million USA dollars within the year.

Tesla aims to complete the plant in the first quarter next year, the report said.

The US carmaker on Thursday said it plans to invest 42 million yuan ($6.4 million) in a new factory to manufacture its third generation of quick chargers, known as the Supercharger V3, reported Reuters, citing documents submitted to Shanghai authorities.

The EV manufacturer has made its Model 3, its only China-made model now for sale, the best-selling all-electric model in China.