Tesla lowers Model 3 prices in China and adds range with LFP batteries

Tesla has slashed the price of the Model 3 in China and bumped up the range as it introduces lithium iron phosphate (LFP) batteries.

Tesla is planning to update its made-in-China Model 3 vehicles with Lithium Iron Phosphate (LFP) batteries from Chinese battery manufacturer CATL, as we have previously stated.

CEO Elon Musk recently mentioned that he believes the energy density of LFP batteries has improved significantly, which now makes sense to use inexpensive and cobalt-free batteries in their lower-end vehicles. is.

In addition, the use of LFP’s batteries frees up more battery supplies than other battery chemistry programs for Tesla’s other vehicle programs.

After obtaining authorization to manufacture the Model 3 with LFP batteries in China earlier this year, we now learn that Tesla made the switch and updated its Model 3 lineup in China:

Tesla updated its Online Model 3 configurator with the following new prices after the incentive:

  • Model 3 Standard Range Plus: Now, Below 271,550, 249,900
  • Model 3 Long Range RWD: Now Below Long 309,900 44 344,050

This brings the price of the Model 3 Standard Range Plus, which is now equipped with LFP batteries, equivalent to ~ $ 37,000 USD, which is cheaper than a Model 3 in the US that is now under local state incentives. Spends on a basis.

Interestingly, the vehicle version also has an official range of 445 km to 468 km (290 mi).

As we mentioned earlier, the Model 3 in China and finally in the US is expected to get many updated features, including a new heat pump, chrome delete and more.

Depending on the configurator, the Model 3 is yet to come out of the factory with chrome removal.

For internal changes, it is unclear whether the vehicles are now equipped with heat pumps and other features that are not visible.

We will update as soon as we get more information.

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