China-built Model Y reportedly pulls in over a lakh orders i

China-built Model Y reportedly pulls in over a lakh orders in ten hours


China-built Model Y reportedly pulls in over a lakh orders in ten hours
Simran Rastogi
Published: January 02, 2021, 04:24 PM IST
According to reports, the second Made-in-China Tesla to come from the brand's Gigafactory in Beijing, the Model Y, has sold over a lakh units within ten hours of its price announcement. While production only began at the start of December, deliveries for the Model Y are expected to begin shortly, at a price that undercuts its nearest EV rivals from local brands NIO and others.
The China-built Model Y starts at 339,000 yuan (or Rs 38 lakh without duties and taxes) for the Long Range model offering a 62kWh battery and 580km (WLTP) driving range, without the benefits of the subsidies offered by the Chinese government to cars under 300,000 yuan. The Model Y Performance, expected to start deliveries in Q3 2021, has been priced at 369,000 yuan (Rs 41.3 lakh without duties/taxes). The China-built Model Ys are also carried all 2021 interior updates as applied to the Model 3 and carry a higher amount of standard kit compared to the models sold in Tesla's home market of America.

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