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Tesla’s China-specific, long-wheelbase Model Y to be priced at $55,720: report

Tesla plans to launch a long-wheelbase version of the Model Y in China, priced at approximately $55,720. Set for release in Q3 2023, it will feature a three-row, six-seater layout, an extended length of five meters, and enhanced interior options, confirmed by the Chinese Ministry of Industry and Information Technology.

Key points

  • Tesla's long-wheelbase Model Y will be priced around RMB 400,000 ($55,720).
  • Expected release is in Q3 2023.
  • The vehicle will include a three-row, six-seater layout for added space.
  • Length of the vehicle will be five meters, with a wheelbase of 3,040 mm.
  • Features will include all-wheel drive, a longer driving range, and upgraded interior finishes.

Why it matters

  • Tesla's expansion in China is significant given the country's vast EV market.
  • This model aligns with the 2025 IT Trends emphasizing longer-range EVs and advanced interior technologies.
  • The trend of larger electric SUVs is increasing as consumer preferences shift towards more versatile family vehicles.

Tesla's introduction of a spacious, long-wheelbase Model Y in China exemplifies its commitment to catering to local market demands, reinforcing its leadership in the evolving electric vehicle landscape.