Tesla takes another step towards the start of Model Y production in China
The American automobile company Tesla has received permission from the Chinese government to register its new Model Y model, made in China, which indicates the imminent start of its serial production.
For the past nine months, Tesla has been building the second phase of its factory in Shanghai (Tesla Shanghai Gigafactory Phase II) to prepare for the production of the electric crossover. As a result, the plant has more than doubled. The Model Y is expected to start production in early 2021, but before that, the company needs to get permission from the Chinese authorities to produce it.
Interest in the new product in China is very high, as compact crossovers / SUVs are very popular here. Tesla’s Chinese rivals, startups Nio and Xpeng, have already launched electric vehicles in this category.
Last month, a Chinese auto market analyst estimated that Tesla could sell up to 30,000 Model Ys a month once the relatively inexpensive crossover goes on sale. That’s roughly three times the sales of Tesla Model 3 in the country.
Earlier it was reported that Tesla has adopted a new presentation strategy for the Model Y. Unlike previous automotive programs for vehicles sourced from Tesla’s Fremont, Calif. Plant, Tesla is only introducing the Model Y to new markets after the EV has been there. launched into production.
