Tesla’s China arm has announced the release of an updated Model Y with design and performance enhancements. Despite these improvements, the starting price of the electric SUV remains the same. The new Model Y features a faster 0-100km/h time of 5.9 seconds, along with new wheels and an ambient LED lighting strip in the dashboard, similar to the refreshed Model 3. It is important to note that Tesla has not announced the updated Model Y or Model 3 in the US at this time.
The starting price of the updated Model Y in China is 263,900 yuan ($37,000), with a long-range version available for 299,900 yuan ($42,000) and a high-performance version for 349,900 yuan ($49,000). These prices demonstrate Tesla’s commitment to offering competitive electric vehicles in the Chinese market. However, it is unclear when these updated models will be made available in the US. Tesla’s focus on enhancing its electric vehicle lineup in China reflects the growing demand and significance of the Chinese market in the company’s global strategy.
Overall, Tesla’s release of the updated Model Y in China showcases its dedication to continually improving and expanding its product offerings. The company’s decision to maintain the same starting price for the enhanced SUV demonstrates its commitment to affordability and accessibility for consumers. As Tesla continues to penetrate the Chinese market, it will be interesting to see how these updates contribute to its overall sales and market share in the region.
