Category: Tesla

Tesla Model Y wait times get longer in China

China / Electric / eMobility / eV / Tesla / Tesla Model Y / Wait Times
June 30, 2023

The latest wait times for all three versions of the Tesla Model Y in China are a slightly longer 2-6 weeks, the second change this year since January 9.

(Image credit: CnEVPost)

Tesla's (NASDAQ: TSLA) Model Y -- the best-selling SUV in China -- is seeing longer wait times, the second such change in the first half of this year.

The latest expected delivery dates for all three available versions of the Model Y in China -- the entry-level rear-wheel drive Model Y, the dual-motor all-wheel drive Model Y Long Range, and the dual-motor all-wheel drive Model Y Performance -- are all 2-6 weeks, CnEVPost's monitoring shows.

The last change in wait times for the Model Y in China was on January 9, when both the entry-level Model Y and Model Y Long Range went from 1-4 weeks to 2-5 weeks, and the Model Y Performance stayed at 1-4 weeks.

CnEVPost has been tracking wait times and price changes for Tesla models in China on a daily basis since April 2022. The latest change in Model Y wait times is the second in the first half of the year.

(Vehicle information displayed on Tesla's China website on June 30, 2023.)

Tesla has a factory in Shanghai that produces the Model 3 and Model Y. The expected delivery dates for the two versions of the Model 3 -- the entry-level rear-wheel drive version and the dual-motor all-wheel drive Model 3 Performance -- remain unchanged at 1-4 weeks.

The Model 3 and Model Y showed no change in price or core specification information today. There have been some changes to their pricing information in China in the first half of this year.

On January 6, Tesla significantly lowered the prices of the full range of Model 3 and Model Y in China. The specific adjustments at that time were as follows:

The price of the entry-level Model 3 was reduced by RMB 36,000 from RMB 265,900 ($36,660) to RMB 229,900 on January 6, and the Model 3 Performance was reduced by RMB 20,000 from RMB 349,900 to RMB 329,900.

The price of the entry-level Model Y was reduced by RMB 29,000 from RMB 288,900 to RMB 259,900 on January 6, and the Model Y Long Range was reduced by RMB 48,000 from RMB 357,900 to RMB 309,900. The Model Y Performance was reduced by RMB 38,000 to RMB 359,900 from RMB 397,900.

On February 10, Tesla increased the price of the base Model Y in China by RMB 2,000 to RMB 261,900.

On February 17, Tesla increased the price of Model Y Long Range and Model Y Performance in China both by RMB 2,000 to RMB 311,900 and RMB 361,900, respectively.

On May 2, Tesla increased the prices of the entire Model 3 and Model Y lineup by RMB 2,000 in China. Following this adjustment, the starting prices for the two versions of the Model 3 were RMB 231,900 and RMB 331,900, respectively, and the starting prices for the three versions of the Model Y were RMB 263,900, RMB 313,900 and RMB 363,900, respectively.

Prices for the Model 3 and Model Y have not changed in China since the May 2 price change.

Tesla sold 42,508 Model 3 and Model Y vehicles in China in May, and the Shanghai plant exported 35,187 vehicles, according to the China Passenger Car Association (CPCA).

Model Y retail sales in China in May were 31,054 units, up 428.58 percent year-on-year and up 16.05 percent from April.

This makes the Model Y the best-selling SUV in China in May, above the second-place BYD Yuan Plus with 26,072 units and the third-place BYD Song Plus with 22,079 units, according to a ranking by the CPCA.

From January to May, Model Y retail sales in China were 152,461 units, up 87.03 percent year-on-year, making it the best-selling SUV in China during that period.

Yesterday, local media outlet 36kr reported that Tesla's revamped China-made Model 3 will have an upgraded battery pack, with the base rear-wheel drive version using CATL's new M3P lithium iron phosphate battery, which will be upgraded from 60 kWh to 66 kWh in capacity.

The 66-kWh battery pack will not only be used in the improved Model 3, but also in the future upgraded Model Y, the report said, citing sources.

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Tesla to equip revamped Model 3 in China with CATL’s new battery, report says

China / Electric / eMobility / eV / Tesla / Tesla Model 3
June 29, 2023

Tesla's revamped China-made Model 3 will use CATL's new M3P lithium iron phosphate battery, with the base model battery pack capacity upgraded from 60 kWh to 66 kWh, according to 36kr.

(Image credit: CnEVPost)

Tesla's revamped China-made Model 3 will have upgraded battery packs, and the rear-wheel drive base model will use CATL's new M3P lithium iron phosphate battery, with capacity upgraded from 60 kWh to 66kWh, local media 36kr reported today.

Tesla has a practice of upgrading its batteries with every facelift, previously, the standard range version of the China-made Model 3 has been upgraded from 55 kWh to 60 kWh, the report noted.

The 66-kWh pack is not only available for the upgraded Model 3, but can also be used in future revisions of the Model Y, the report said, citing sources.

The range of the China-made Model 3 rear-drive version is currently 556 kilometers. The range of the facelifted Model 3 is expected to increase after receiving a 6-kWh boost in battery capacity, the report said.

The revamped Model 3, with the project code name Highland, is expected to launch in the third quarter, the report said, citing industry chain sources.

Tesla has a factory in Shanghai that produces the Model 3 and Model Y, with an annual capacity of about 1.1 million vehicles, making it the largest Tesla factory in the world.

On March 1, Reuters reported that Tesla was working to retool its Shanghai plant for a Model 3 facelift, a project codenamed Highland by Tesla.

The Highland version of the Model 3 is expected to go into production in Shanghai in September, the Reuters report said, citing a person familiar with the matter.

With Highland, Tesla aims to cut production costs and boost the appeal of the electric sedan, which debuted in 2017, people involved in the project said.

In addition to the Highland version of the Model 3, the Reuters report also mentioned that Tesla was preparing to make production changes to the Model Y.

The changes to the Model Y -- which Tesla has codenamed Project Juniper -- involve the exterior and interior of the SUV, with the goal of starting production in 2024, according to Reuters.

On May 16, Bloomberg reported that Tesla was nearing the final stages before starting trial production of its revamped Model 3 sedan in Shanghai.

The revamped Model 3 is slightly longer, sportier and has a sleeker interior design than earlier versions, according to the report.

On the battery front, it's worth noting that there were rumors last August that CATL would supply M3P batteries to Tesla.

CATL will begin supplying M3P batteries to Tesla in the fourth quarter, and will put them in Model Y using 72 kWh packs, local media outlet LatePost reported on August 3, 2022.

The lithium manganese iron phosphate (LMFP) material used in CATL's M3P battery will be supplied by Shenzhen Dynanonic Co, which had plans to put 110,000 tons of LMFP material into production in the second half of 2022, according to the report.

Tesla was also developing LMFP batteries, but with a long development cycle, it will first source such batteries from suppliers, the report said.

LMFP batteries are an improvement on lithium iron phosphate (LFP) batteries.

Batteries are usually named after the cathode materials they use. LMFP cathode materials can be made by adding manganese to the LFP cathode materials currently used to make LMFP batteries.

The LMFP route can be divided into two types, using 100 percent LMFP material as the cathode or doping the LMFP material with other materials such as aluminum or magnesium to make the cathode.

CATL's M3P batteries' cathode materials are doped with lithium ternary materials and LMFP materials, a solution that solves the problem of short cycle life and high internal resistance of LMFP batteries, as noted in the LatePost report.

On August 18, 2022, Sina Tech cited two people familiar with the matter as saying that Tesla would soon launch a new China-made Model 3, with the biggest highlight being that the entire lineup will use M3P batteries supplied by CATL, with a range improvement of at least 10 percent.

With the new battery pack, the two versions of the China-made Model 3 are expected to have a range of more than 600 km and 700 km, up from the previous 556 km to 675 km, the report said.

Tesla starts offering insurance subsidies for car purchases in China again

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Toyota slips big in brand loyalty survey. Thanks, Tesla …

By the Numbers / Car Buying / Chevrolet / Electric / Ford / loyalty / Ownership / Tesla / Toyota
June 28, 2023

Filed under: By the Numbers,Chevrolet,Ford,Tesla,Toyota,Car Buying,Ownership,Electric

Continue reading Toyota slips big in brand loyalty survey. Thanks, Tesla ...

Toyota slips big in brand loyalty survey. Thanks, Tesla ... originally appeared on Autoblog on Wed, 28 Jun 2023 13:51:00 EDT. Please see our terms for use of feeds.

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Volvo to adopt NACS port, partners with Tesla for Supercharger access

Electric / Green / Green Automakers / Luxury / Tesla / Volvo
June 27, 2023

Filed under: Green,Tesla,Volvo,Green Automakers,Electric,Luxury

Continue reading Volvo to adopt NACS port, partners with Tesla for Supercharger access

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Tesla Cybertruck features, including ‘vault’ and no door handles, demonstrated

Electric / Green / Tesla / Truck
June 27, 2023

Filed under: Green,Tesla,Truck,Electric

Continue reading Tesla Cybertruck features, including 'vault' and no door handles, demonstrated

Tesla Cybertruck features, including 'vault' and no door handles, demonstrated originally appeared on Autoblog on Tue, 27 Jun 2023 06:05:00 EDT. Please see our terms for use of feeds.

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China NEV insurance registrations for week ending Jun 25: Tesla 16,700, Li Auto 7,500, Nio 3,200

China / Deliveries / Electric / eMobility / eV / EV Data / Insurance Registrations / Li Auto / Neta / Nio / Tesla / Weekly Data / XPeng
June 27, 2023

Nio sold 8,000 units between June 1 and June 25. Its previous guidance implied 10,187-12,187 vehicles would be delivered in June.

For the week of June 19 to June 25, Li Auto (NASDAQ: LI) sold 7,500 units, continuing to lead among China's new car-making brands, the company said today on Weibo.

As of June 25, Li Auto has sold 27,300 units this month and is on track to reach its 30,000-unit monthly sales goal, it said.

Li Auto didn't explain what that weekly sales tally was based on, but apparently they are insurance registrations. The company had suspended sharing those numbers in May, but has since resumed sharing them.

Nio (NYSE: NIO) sold 3,200 units last week and 8,000 units from June 1 to June 25, according to figures shared by Li Auto.

Notably, June 22 to June 24 was a three-day Dragon Boat Festival holiday, and June 25 was a Sunday, but a working day after the holiday.

Nio's weekly sales have continued to grow over the past three weeks, as deliveries of new models began. It was 1,500 units in the week of June 5 to June 11 and 2,000 units in the week of June 12 to June 18.

Nio officially launched the new ES6 on May 24 and the ET5 Touring on June 15.

Deliveries of the new ES6 began on the night of the launch on May 24, and deliveries of the ET5 Touring began on June 16.

In addition to these two new models, Nio will also begin deliveries of the new ES8 on June 28, which was launched on Nio Day 2022 on December 24, 2022.

When Nio reported first-quarter earnings on June 9, it guided for second-quarter deliveries of between 23,000 and 25,000 vehicles, meaning it expects to deliver between 10,187 and 12,187 vehicles in June.

On June 20, Nio signed a share subscription agreement with Abu Dhabi-based investment firm CYVN Holdings, which will invest a total of about $1.1 billion in it.

Tesla (NASDAQ: TSLA) sold 16,700 units in China last week and 57,300 units from June 1 to June 25, according to figures shared by Li Auto.

In the two weeks prior to last week, Tesla sold 16,400 units and 14,500 units respectively in China.

From June 1 to June 25, Tesla was the top-selling premium brand in China, surpassing Mercedes-Benz's 52,100 units and above Audi's 51,600 units, according to a table by Li Auto.

On June 16, Tesla announced that Chinese consumers who purchase and take delivery of an already produced rear-wheel drive version of the Model 3 this month will receive an insurance subsidy of RMB 8,000 ($1,110).

Xpeng (NYSE: XPEV) sold 2,600 units last week and 6,400 units from June 1 to June 25.

Xpeng began pre-sales of the G6 on June 9 at a price starting at RMB 225,000, significantly lower than the Tesla Model Y's starting price of RMB 263,900 in China.

The Xpeng G6 received more than 25,000 orders within 72 hours of the start of the pre-sale, the company announced on Weibo on June 12.

The G6 show cars were already available at Xpeng stores, and the model will officially go on sale June 29 with deliveries starting in July, the company said earlier this month.

Leapmotor sold 3,100 units last week and 10,600 units from June 1 to June 25.

On June 20, Leapmotor announced that it had reached 200,000 cumulative deliveries since its inception.

Leapmotor delivered 12,058 vehicles in May and had 192,962 cumulative deliveries by the end of May, according to data monitored by CnEVPost.

Zeekr sold 2,600 units last week and 6,900 units between June 1 and June 25. It began deliveries of its third model, the Zeekr X, on June 12.

Denza sold 2,400 units last week, and 8,300 units from June 1 to June 25.

Denza, which currently has only the Denza D9 MPV on sale, will officially launch the Denza N7 on July 3, its first SUV since the rebranding last year.

The Denza N7 is aimed at the market for traditional internal combustion engine vehicles priced around 400,000 yuan, an executive said earlier.

Neta sold 1,900 units last week and 6,700 between June 1 and June 25.

A total of 4,000 Neta EVs were shipped abroad, the latest new batch after 3,600 were sent to overseas markets in March, the company said on June 6.

Great Wall Motor's Wey brand sold 1,500 units last week and 5,000 units from June 1 to June 25.

Changan Automobile's NEV subsidiary Deepal sold 1,500 units last week and 4,900 units from June 1 to June 25.

Huawei-backed Aito sold 1,200 units last week, and 3,200 units from June 1 to June 25.

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