Tesla Inc. Tesla has released an upgraded version of Model Y in China with improved configurations and unchanged starting price to better compete with local rivals.
The changes include a slightly faster 0-100 km/h acceleration time of 5.9 seconds, a new wheel design and increased ambient lighting, the automaker said in a statement. postal on his WeChat account on Sunday. According to the post, the base model will still start at 263,900 yuan (just over $36,000).
The U.S. company urgently needs to take steps to improve the quality of its Model Y products as it faces escalating price pressure from domestic rivals. BYD CompanyThe goal this year is to sell 3 million vehicles. NIO Company and Xpeng MotorsTwo other emerging Chinese electric vehicle manufacturers are also expanding their product lineups.
Tesla in September remodeled The Model 3 sedan has a more stylish appearance and longer driving range, while significantly reducing the price of high-end models to fully promote sales growth.
— With assistance from Vlad Savov, Lin Zhu, Chunying Zhang, and Danny Lee
Svlook
