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Report: China customs clears Tesla's Model 3 for imports

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Report: China customs clears Tesla's Model 3 for imports

China's customs office has lifted its suspension on Tesla Inc.'s Model 3 imports, Reuters reported, citing a customs news department official.

The news comes more than a week after China's General Administration of Customs reportedly suspended clearance for the electric cars over certain irregularities, including incorrect labels.

The Chinese customs official told Reuters that a warning notice issued by the agency has been canceled and two other sources confirmed, according to the report. Tesla declined to comment to Reuters.

The news outlet said the suspension had been lifted after the Silicon Valley-based electric-car maker made the necessary changes. The customs office reportedly noted that Chinese language warning signs were not imprinted on the vehicles.

Tesla started delivering its Model 3 cars in China at the end of February, Reuters said. The company is in the process of constructing its first manufacturing plant in Shanghai. Earlier this month, Tesla secured up to 3.5 billion Chinese yuan in a loan for the planned gigafactory, where it reportedly plans to produce Model 3 and Model Y vehicles.

As of March 13, US$1 was equivalent to 6.71 Chinese yuan.