The Tesla Model Y facelift has taken the Chinese market by storm, surpassing the success of the revamped Model 3. According to recent reports from China, the new Model Y has been experiencing a surge in orders since pre-sales for the updated vehicle began earlier this month.
In just five days after its launch, the Model Y received over 70,000 orders, as reported by Chinese news outlet Yicai, citing an insider. Another news outlet, Jiemian, stated that the Model Y orders had reached 73,400 as of January 15, with 59,000 of those orders being for the updated model. The impressive response indicates a strong demand for Tesla’s latest offering in the Chinese market.
Tesla introduced the new Model Y in China on January 10, offering two variants: a rear-wheel-drive version starting at RMB 263,500 ($36,280) and a long-range all-wheel-drive variant starting at RMB 303,500. Deliveries for the new Model Y are expected to begin in March, giving customers a chance to experience the updated features and improvements firsthand.
According to reports, the key to Tesla’s success against established automakers lies in the fast pace of its research and development efforts. An R&D source at Tesla China mentioned that the new Model Y is a global product, developed in collaboration with the Tesla China team. The team in China focused on the vehicle’s interior and exterior design, while the U.S. team concentrated on software and other critical systems.
The success of the new Model Y follows a similar strategy employed by Tesla with the reengineered Model 3. This approach demonstrates Tesla’s commitment to innovation and customer satisfaction, ensuring that each new model meets the evolving needs and preferences of consumers.
Looking ahead, Tesla continues to push boundaries and set new benchmarks in the electric vehicle market. With over 70,000 orders for the new Model Y in just five days, the company is poised for continued growth and success in China and beyond. Customers can expect cutting-edge technology, enhanced performance, and a premium driving experience with the latest iteration of the Tesla Model Y.