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Tesla's Registration Almost Complete; Model S Headed to South Korea in May

By February 16, 2017 at 6:14 am
Tesla's Registration Almost Complete; Model S Headed to South Korea in May (Photo : Getty Images)

Renowned electric car manufacturer Tesla is expected to start doing business in South Korea by May.

The Ministry of Land, Infrastructure, and Transport had confirmed that Tesla Motors' registration as a car manufacturer is set to be finalized.

Elon Musk's company had initially filed for a certification for its sedan's emissions and noise last September. It then started the registration process in December. Now it seems Tesla's registration as an auto manufacturer is almost complete. The registration is a key step before the company can begin operations in South Korea.

The arrival of Tesla Motors in the country is expected to boost the local electric car market. South Korea already has a robust electric car market, with Hyundai Motors doing brisk sales with its Kia Niro, Ionic, Grandeur, and Sonata hybrid models. But a lot of consumers believe that Tesla's Model S sedans will bring even more diverse and fun options.

The company has started taking pre-orders late 2016 but there's still no word on the specifications or price range that Tesla will be offering consumers. But a lot of consumers are no doubt waiting for the Model S.

The Model S is reported to come with a 512-kilometer driving range when fully charged. It's said to have a top speed of 250 kph and a zero to 100 kph time of just 44 seconds, a feat comparable to other super cars.

However, the Model S' price range will probably be a challenge for consumers. The Korean government had earlier decreed that Tesla's electric car is not among the green cars eligible to receive a subsidy. By law, an electric car has to be fully charged in 10 hours for it to avail of the subsidy, but the Model S reportedly takes 12 hours to charge.

Hopefully, Tesla will find a way to improve the Model S' charging capacity before May.  

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