Quick access to main page (top) Direct access to main contents Quick access to main page (bottom)

Tesla’s Model Y Performance Gets Pricier in China: What You Need to Know

globalautonews Views  

Tesla has hiked the price of its top-end Model Y by 14,000 yuan (about $1,910) in China. The starting price of the Model Y Performance in China has been raised to 363,900 yuan, as announced through Weibo. This is a much larger increase than the $500 hike for the Long Range in the U.S. market.

The Model Y is sold in three versions in China: RQD, Long Range, and Performance. The price of the Performance version has been increased by an amount equivalent to 14% of its price, which is 14,000 yuan.

Tesla’s Gigafactory in Shanghai has the most significant annual production capacity of 950,000 units. Operations started at the end of 2019, and local production of Model 3 began in January 2020, followed by Model Y in January 2021.

On October 1, Tesla launched a new Model Y in the Chinese market, featuring various updates, including ambient lighting in different colors, a new dashboard trim, and new 19-inch wheels. The updates improved the driving range and acceleration of the Model Y Standard, while the Long Range saw an increase in driving range.

According to Tesla’s Chinese website, the current waiting time for both the Model Y Standard and Performance in China is 2-6 weeks, while the Long Range is 6-8 weeks.

Tesla unveiled the new Model 3 on September 1, and official sales of the new Model 3 began in China on October 19. Tesla announced that deliveries of the new sedan began in China on October 26.

In September, Tesla sold 35,566 exported units and 43,507 units delivered within China, totaling 74,073 Chinese-made vehicles. The Model Y accounted for 95.22% of Tesla’s retail sales in China in September, with 41,428 units sold. The Model 3 accounted for 4.78% of sales in China in September, with 2,079 units sold.

globalautonews
content@viewusglobal.com

Comments0

300

Comments0

[BUSINESS] Latest Stories

  • Honda's NSX Returns: A 1,000-Horsepower Electric Rival to Lexus LFR
  • Honda’s S7 Electric SUV: A Major Player in the Race for EV Dominance
  • Lamborghini's First EV: A 2,000-Horsepower Beast Built for Speed and Emotion
  • Ford Revives Classic Design with the 2025 Bronco Heritage Edition
  • ID.EVERY1: Volkswagen's $21K Electric Vehicle Aims to Make Green Driving Accessible
  • Toyota’s bZ3X SUV Surges with 10,000 Pre-Orders: A New Era in EVs

You May Also Like

  • 1
    It’s Not Just Depression: Personality Disorders Linked to Highest Suicide Risk

    LIFESTYLE 

  • 2
    Faster Cancer Treatment? Merck Launch Set for Subcutaneous Keytruda Rollout

    LIFESTYLE 

  • 3
    Cutting Carbs? You Might Be Raising Your Risk of Colon Cancer

    LIFESTYLE 

  • 4
    Tired of the Buzz? Fruit and Dairy Might Help, New Study Says

    LIFESTYLE 

  • 5
    Study Finds Missing Gut Bacteria in Parkinson’s and IBD Patients

    LIFESTYLE 

Popular Now

  • 1
    New Research Reveals Ketogenic Diet Slows Biological Aging by 6+ Years

    LIFESTYLE&nbsp

  • 2
    New Drug Cuts Heart Disease Risk by 94%—And Has No Major Side Effects

    LIFESTYLE&nbsp

  • 3
    Wegovy Maker Strikes $1B Deal for Next-Gen Obesity Treatment

    LIFESTYLE&nbsp

  • 4
    This Celebrity Lost 7kg—and Her Diet Includes ...

    LIFESTYLE&nbsp

  • 5
    Red vs. White Wine: Which Is Riskier for Cancer? New Study Has the Answer

    LIFESTYLE&nbsp

Must-Reads

  • 1
    It’s Not Just Depression: Personality Disorders Linked to Highest Suicide Risk

    LIFESTYLE 

  • 2
    Faster Cancer Treatment? Merck Launch Set for Subcutaneous Keytruda Rollout

    LIFESTYLE 

  • 3
    Cutting Carbs? You Might Be Raising Your Risk of Colon Cancer

    LIFESTYLE 

  • 4
    Tired of the Buzz? Fruit and Dairy Might Help, New Study Says

    LIFESTYLE 

  • 5
    Study Finds Missing Gut Bacteria in Parkinson’s and IBD Patients

    LIFESTYLE 

Popular Now

  • 1
    New Research Reveals Ketogenic Diet Slows Biological Aging by 6+ Years

    LIFESTYLE 

  • 2
    New Drug Cuts Heart Disease Risk by 94%—And Has No Major Side Effects

    LIFESTYLE 

  • 3
    Wegovy Maker Strikes $1B Deal for Next-Gen Obesity Treatment

    LIFESTYLE 

  • 4
    This Celebrity Lost 7kg—and Her Diet Includes ...

    LIFESTYLE 

  • 5
    Red vs. White Wine: Which Is Riskier for Cancer? New Study Has the Answer

    LIFESTYLE