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In IT, Innovation and Startups

Tesla got approval in European Union

21st January 2019

Tesla got approval in European Union Pin It

Tesla may deliver its Model 3 to the Europe. The entry-level model of the American manufacturer of electric cars has been approved by the Dutch National Road Transport Agency (RDW), Tesla says. As a result, the car is allowed on the road throughout the European Union.

Tesla had already announced earlier this year to deliver the car to EU. That is now in February, according to the company. In the first instance only the more expensive versions will be available here. Then cheaper versions will follow. Tesla has also used this strategy at the home country in the United States.

The Model 3 is important for Tesla to capture a larger market share and become profitable. If the scale of production continues to rise, Tesla can also lower the cost price for the model. This means that a Model 3 promised by CEO Elon Musk comes within reach for $35,000. Tesla recently also removed a considerable number of jobs to please the investors.

Tesla has also increased the prices for the use of its so-called Supercharger fast-charging stations. The company already did this in the US at the end of last year, but now also in many other countries. In the Netherlands, a kilowatt hour will cost 0.28 euros. That was more than 40 percent higher than before the rise. The price increases are the result of the differences in electricity prices in different countries, Tesla told the American website Electrek.

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