Tesla launches upgraded Model Y in China with new features to compete with rivals like Xiaomi

From Investing.com: 2025-01-09 21:05:37

Tesla unveiled an upgraded Model Y in China, featuring heated seats and better acoustics to compete with rivals like Xiaomi. Priced at 263,500 yuan ($35,900), it’s 5.4% more expensive than the previous version. Despite being the best-selling model in 2023, the aging Model Y faced competition in China, prompting the revamped release. Tesla plans to introduce a six-seat variant later this year. Details about the new model’s availability in other markets are still unknown. ($1 = 7.3314)



Read more at Investing.com: Tesla launches revamped Model Y in China, seeking to fend off rivals By Reuters