Tesla launches revamped Model Y in China in bid to regain market share from Nio, Li Auto
The six-seat Model Y L SUV is priced from 339,000 yuan (US$47,182), with deliveries to commence next month
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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The vehicle, fitted with LG Energy Solution’s high-performance battery, represents the most substantial update of its Chinese-made models to date.