2022-10-24 11:43
Automotive
Alex Lowe

Tesla drops the price of the the Model Y and Model 3 in China

Tesla drops the price of the the Model Y and Model 3 in China

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Today, Tesla in China has reduced the prices for the Model 3 and Model Y, for all variants in the model lineups. This means that now, the base version Model Y is now eligible for any government subsidies, due to its costing less than 300,000 yuan (£36,500). This price reduction is only taking place in China, with prices in the UK and the rest of Europe remaining the same.

In the UK, the Model 3 with rear-wheel drive starts at £48,490 and in Germany for example, it is from €53,290. Model Y in the UK is from £51,990 and in Germany, it is from €56,190.

The price reductions in China are pretty significant across the board, with the Model 3 costing from 265,900 yuan (£32,390) which is 14,000 yuan (£1,700) less than before. Model Y is also now below 300,000 yuan too for the first time, also allowing it to be eligible for any government subsidies.

In China, the base spec Model Y is now available in back and silver as a no cost option, before the silver cost 8,000 yuan (£1,000) extra 

Alex Lowe

Tesla drops the price of the the Model Y and Model 3 in China

Alex Lowe is the owner and editor of the interface and started the website in 2013. He publishes the majority of the content on the website, hosts the three podcasts and the runs the YouTube channels. Alex has a professional background in computer networking, FWA and WiFi.

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