Tesla Model 3 and Y prices increased in China for the rear-wheel drive variant


Tesla, the electric vehicle company owned by Elon Musk, has raised the price of the rear-wheel drive, or base variant, of the Model 3 and Y in China.

The company’s Chinese official website revealed the price change in the country, reports GizmoChina.

According to the report, the rear-wheel drive variant of Model 3 now costs around 265,652 yuan (about 42,000 yuan), which is an increase of 10,000 yuan (about $ 1,575) from the original price.

On the other hand, the price of the rear-wheel drive version of the Model Y was also increased to 301,840 yuan (about $ 47,560), which is about 21,000 yuan (about $ 3,320) more than the previous price.

The Model Y offers a range of 545 km on a single full charge and a top speed of 217 km / h. It can even accelerate from 0 to 100 km / h in just 6.9 seconds.

On the other hand, the American automobile giant’s Model 3 offers a top speed of 225 km / h, with a maximum range of 556 km on a single full charge. It can go from 0 to 100 km / h in just 6.1 seconds.

The official reason for the price hike is unknown at this time, but could be due to the lingering chip shortage problem, according to the report.

–IANS

vc / vd

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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