Tesla Enhances Range and Performance of Model 3 and Model Y in China
AI-summarised brief · reviewed before publication
Tesla has introduced a series of upgrades to its Model 3 and Model Y electric vehicles in China, focusing on improving the range and performance of its long-range variants. These updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (approximately $39,300), a RMB 10,000 (around $1,400) increase from the previous price. Model 3 Receives Acceleration Boost and Extended Range The long-range Model 3 now boasts a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles). Additionally, the electric vehicle can now accelerate from 0 to 100 km/h in 3.8 seconds, down from 4.4 seconds. This suggests that Tesla has made the previously optional Acceleration Boost, priced at RMB 14,100 ($1,968), a standard feature on the Model 3. Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, according to CNEV Post. The entry-level RWD and Performance versions of the Model 3 remain unchanged, priced at RMB 235,500 and RMB 339,500, respectively. Wait times for these trims also remain at 1–3 weeks and 8–10 weeks, respectively. Model Y Range Increases, Pricing Remains Unchanged The Model Y Long Range has seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles). However, its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h acceleration time of 4.3 seconds. Tesla has also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, with a shorter delivery window of 2–4 weeks. Purchase Incentives in China Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
