Economy

Tesla is cutting prices for the Model 3 in China and pushing out the range with LFP batteries

Tesla lowered the price of the Model 3 in China and released the range as it introduces lithium iron phosphate (LFP) batteries.

As mentioned earlier, Tesla plans to upgrade its China Made 3 cars with lithium Iron Phosphate (LFP) batteries From the Chinese battery manufacturer CATL.

CEO Elon Musk recently mentioned that he believes the energy density of LFP batteries has improved enough that it now makes sense to use cheaper, cobalt-free batteries in their low-cost vehicles.

Moreover, the use of LFP batteries also provides more battery supply to other battery chemistry of Tesla’s other vehicle programs.

distance Obtaining a permit to build 3 model LFP batteries in China Earlier this summer, we learned now that Tesla has made the switch and updated its Model 3 lineup in China:

Tesla updated the Model 3 component online with the following new prices after incentives:

  • Model 3 Standard Range Plus: now 249,900 less than 271,550
  • Model 3 Long Range RWD: now 309,900 yen, less than 344,050 yen

It raises the price of the Model 3 Standard Range Plus, now equipped with LFP batteries, to the equivalent of $ 37,000 now, which is cheaper than what the Model 3 costs in the US now depending on local state incentives.

Interestingly, the car’s version is also an official bumper for a range of 445 km to 468 km (290 miles).

As mentioned earlier, the Model 3 is expected to arrive in China, and eventually the United States Many updated features including a new heat pump, chrome deletion, and more.

Based on the config, the Model 3 doesn’t come out of the factory with the chrome removed yet.

READ  Trevor Milton: Nicolas ex-boss accused of sexual assault, complaints allege

As for the interior changes, it is unclear if the cars are now equipped with a heat pump and other unseen features.

We will update as we get more information.

FTC: We use affiliate links to earn income. More.


Subscribe to Electrek on YouTube to get exclusive videos And subscribe to Podcast.

Thelma Binder

"Explorer. Devoted travel specialist. Web expert. Organizer. Social media geek. Coffee enthusiast. Extreme troublemaker. Food trailblazer. Total bacon buff."

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close