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Tesla confirms entry-level China-made Model 3 uses lithium iron phosphate batteries

Phate Zhang Oct 3, 2020 8:23 GMT+8

Tesla confirms entry-level China-made Model 3 uses lithium iron phosphate batteries-CnTechPost

Tesla recently lowered the price of the entry-level China-made Model 3 again, which was speculated to be due to the model's use of lithium iron phosphate batteries, a speculation that has now been officially confirmed.

Tesla China yesterday in its WeChat account post, the update of the Model 3 standard range upgrade from the original lithium-ion three-dollar battery to lithium iron phosphate, its energy as if a larger "fuel tank", so that the Model 3 standard range upgrade in the national standard working conditions under the law of the integrated range of mileage to reach 468 km.

Tesla also said that both batteries meet Tesla's manufacturing and range standards, and each has its own advantages that make it an exceptional driving experience.

Tesla China announced on October 1 that the China-made Model 3 standard range upgrade is priced at RMB 249,900 after subsidies, while the China-made Model 3 long-range rear-wheel-drive version is priced at RMB 309,900.

China-made Tesla Model 3 starting price drops to RMB 249,900

Before that, the standard range upgrade is priced at RMB 291,800, while the long-range rear-wheel-drive version is priced at RMB 344,100.

Tesla also said that the Chinese-built Model 3 has been well received since its official delivery from the Shanghai plant and that the manufacturing process has been upgraded.

Tesla confirms entry-level China-made Model 3 uses lithium iron phosphate batteries-CnTechPost

Tesla retains only a reasonable profit for the expansion of production, and any excess profit is immediately translated into price discounts for consumers, allowing more environmentally conscious people to join Tesla in driving the world's transition to sustainable energy, the company said.

To date, Tesla has built more than 440 Supercharger stations in China, covering about 90 percent of the country's densely populated cities, and will build another 4,000 Superchargers, including V3, by 2020.

Tesla confirms entry-level China-made Model 3 uses lithium iron phosphate batteries-CnTechPost

Tesla China launches 2021 campus recruiting for engineering, manufacturing and R&D positions

#Electric Car#Electric Vehicle#EV#Model 3#Tesla#Tesla China
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Phate Zhang
Phate is the founder of CnTechPost and the main author of the site. He has been reporting in Chinese and English since 2009, focusing on macroeconomics and capital markets. He is also a tech enthusiast, and it is his interest to follow tech industry developments.
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