BEIJING (Reuters) –Tesla Inc began accepting orders for its new Mannequin Y L in China on Tuesday with a beginning worth of 339,000 yuan ($47,184), its web site confirmed, because it refreshes its line-up on the earth’s largest auto market to battle rising competitors.
Tesla first launched the Mannequin Y in 2020 and it turned the world’s best-selling automobile in 2023. The ageing mannequin misplaced some gross sales momentum final 12 months, damage by competitors from native rivals in China resembling Xiaomi’s YU7, whereas in different markets demand for electrical autos has weakened.
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In January, Tesla launched a brand new model of the Mannequin Y with a redesigned exterior and upgraded options in Asia Pacific markets and in July registered plans with Chinese language authorities for the brand new Mannequin Y L.
An extended-range, rear-wheel drive Mannequin 3 can be coming to the Chinese language market, in line with submitting info revealed on China’s trade ministry web site in July.
Elon Musk‘s Tesla registered an 8.4% fall in July gross sales of its China-made electrical autos.
($1 = 7.1846 Chinese language yuan)
(Reporting by Liz Lee, Shanghai newsroom and Brenda Goh; Enhancing by Himani Sarkar)
