Advertisement
UK markets closed
  • NIKKEI 225

    40,780.70
    -131.67 (-0.32%)
     
  • HANG SENG

    17,524.06
    -275.55 (-1.55%)
     
  • CRUDE OIL

    82.22
    -0.94 (-1.13%)
     
  • GOLD FUTURES

    2,366.40
    -31.30 (-1.31%)
     
  • DOW

    39,344.79
    -31.08 (-0.08%)
     
  • Bitcoin GBP

    44,180.82
    +209.96 (+0.48%)
     
  • CMC Crypto 200

    1,207.05
    +40.93 (+3.51%)
     
  • NASDAQ Composite

    18,403.74
    +50.98 (+0.28%)
     
  • UK FTSE All Share

    4,481.83
    -4.25 (-0.09%)
     

Several Chinese state firms in Shanghai buy Tesla Model Y cars

Tesla Model Y on display at the Everything Electric exhibition

BEIJING (Reuters) - Several state-owned firms in China's financial hub of Shanghai have recently purchased Tesla's best-selling Model Y as service cars, a local government statement said on Friday.

The purchase is an "active response" to the call for equal treatment of Chinese and foreign firms in government purchases, according to the investment promotion service centre of the Lingang Special Area, where Tesla's largest manufacturing hub is located.

A local media report on Thursday said Tesla cars had been made eligible for a Chinese local government purchase list.

(Reporting by Zhang Yan, Qiaoyi Li and Sarah Wu; editing by Jason Neely)