Tesla Unveils Enhanced Model Y in China: Base Model Gets Performance and Range Upgrades, Price Remains Unchanged
Tesla has launched an upgraded Model Y in China, maintaining its existing price points while making slight configuration enhancements to boost the appeal of its popular SUV.
In the Chinese market, there are three versions of the Model Y available: the base Model Y with rear-wheel drive, the Model Y Long Range with dual-motor all-wheel drive, and the Model Y Performance with dual-motor all-wheel drive.
For the base Model Y, the CLTC range has been extended from 545 kilometers to 554 kilometers, marking a 9-kilometer increase or a 1.65 percent improvement, as stated on Tesla China’s website. The acceleration time from 0 to 100 kilometers per hour for this version has also been reduced from 6.9 seconds to 5.9 seconds. Importantly, its starting price remains unchanged at RMB 263,900 ($36,140), and the delivery timeframe remains consistent at 2-6 weeks.
The Model Y Long Range experiences a boost only in CLTC range, now offering 688 kilometers compared to the previous 660 kilometers, signifying a 28-kilometer or 4.24 percent increase. Its starting price remains RMB 299,900, and the delivery wait time is still 6-8 weeks.
Details regarding the Model Y Performance remain the same, with a CLTC range of 615 kilometers, a starting price of RMB 349,900, and a delivery timeline of 2-6 weeks.
Additionally, Tesla mentioned on Weibo that the updated Model Y features enhancements such as multi-colored ambient lighting, a new dashboard trim, and new 19-inch wheels.
The Model Y has been a top-selling SUV in China, with deliveries of the locally produced model commencing in January 2021.
According to data from the China Passenger Car Association (CPCA) monitored by CnEVPost, retail sales of the Model Y in China surged by 61.63 percent year-on-year in the January-August period, totaling 278,681 units. During the first five months of the year, the SUV registered 152,461 units in retail sales, securing its position as China’s best-selling SUV for that period, according to rankings released by the CPCA in June. However, this ranking information has not been available in recent months.
In addition to the Model Y, Tesla is also producing the Model 3 sedan in China, with a revamped version unveiled for pre-sale on September 1. Deliveries of the updated Model 3 in China are slated to commence in the fourth quarter. The Model 3 recorded retail sales of 111,541 units in China during the January-August period, contributing to 28.58 percent of Tesla’s sales in the country. In August alone, it achieved 13,577 units in retail sales in China.