Tesla Inc. has priced its latest Model 3 performance version vehicle at 335,900 yuan ($46,364.29) in China. The automaker will start delivery of the vehicle from the third quarter this year, according to a notice.
The Model 3 performance version is the latest addition to Tesla’s lineup in China, where the company has been ramping up production and sales. The vehicle is equipped with a dual-motor all-wheel drive system and a 0-60 mph acceleration time of 3.1 seconds. It also features a range of up to 353 miles on a single charge.
The pricing of the Model 3 performance version in China is slightly higher than the starting price of the standard Model 3, which is priced at 279,900 yuan ($38,338.46). However, the performance version offers improved performance and features, making it a more appealing option for customers who are looking for a sporty and high-performance electric vehicle.
Tesla has been making significant progress in China, which is the world’s largest market for electric vehicles. The company has built a new factory in Shanghai and has been working to increase production capacity. Tesla has also been investing in charging infrastructure and has been working to expand its sales and service network in China.
The pricing and delivery timeline for the Model 3 performance version in China are in line with Tesla’s plans to expand its presence in the country. The company is expected to continue to ramp up production and sales in China in the coming months and years.