Tag - Model 3 to trigger `big bang’ of EVs in Korea

Model 3 to trigger `big bang’ of EVs in Korea

The unprecedented global attention to preorders of Model 3, the first mass-market model of luxury electric vehicle maker Tesla Motors, is forecast to spur the EV market in Korea. About 198,000 customers globally, including Koreans, put down a deposit of $1,000 to preorder Model 3 in the first two days since Tesla unveiled its low-priced, but high-performance and well-designed electric family sedan in the U.S. on Thursday. The initial demand doubled the company’s expectation, Tesla CEO Elon Musk tweeted Friday. “The international [...]

Read more...