Inicio Tesla Tesla’s revamped Model Y aimed at regaining mainland market share from rivals

Tesla’s revamped Model Y aimed at regaining mainland market share from rivals

Tesla’s revamped Model Y aimed at regaining mainland market share from rivals
Tesla China has priced its six-seat Model Y variant about 30 per cent higher than its basic edition and has started accepting orders from customers who prefer spacious, long-range electric vehicles (EVs) for family use.

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The US carmaker announced on Tuesday that the upgraded version of the Model Y would sport a price tag of 339,000 yuan (US$47,182), compared with 263,500 yuan for the entry-level edition currently.

The three-row SUV with a driving range of 751km is 25,500 yuan, or 8 per cent, more expensive than the existing long-range edition, which has a range of 750km.

“The new cars are displayed in all of our showrooms now,” Tesla said in a statement on Tuesday, adding that deliveries of the Model Y L would start next month.

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How Chinese companies have pulled ahead of Tesla in the electric vehicle race

How Chinese companies have pulled ahead of Tesla in the electric vehicle race

The vehicle, fitted with LG Energy Solution’s high-performance battery, represents the most substantial update of its Chinese-made models to date.

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