Tesla has raised prices for some of its electric vehicle models in China. The company’s official Chinese website said the price increases were for the rear-wheel-drive Model 3 and Model Y models.
The rear-wheel drive Tesla Model 3 is now priced at around 265,652 yuan (roughly $ 42,000), up 10,000 yuan (roughly $ 1,575) more than the original price. The price of the rear-wheel drive version of the Model Y has also been raised to 301,840 yuan (approximately $ 47,560), which is approximately 21,000 yuan (approximately $ 3,320) higher than before.
Rear-wheel drive versions are also the base option for both models. As for the Model Y, it offers a range of 545 kilometers on a single full charge and a top speed of 217 km / h. It can accelerate from 0 to 100 km / h in just 6.9 seconds. On the other hand, the Model 3 delivers a top speed of 225 km / h with a maximum range of 556 kilometers on a single full charge. It accelerates from 0 to 100 km / h in just 6.1 seconds.
The official reason for the price hike is currently unknown, but it may have to do with the ongoing chip shortage that has affected various industries around the world, including the automotive industry. As we previously reported, chip shortages and supply problems have resulted in 2021 produced 9.6 million fewer vehicles than planned.