China-made Tesla Model Y (TSL6480BEVBA0) has been included in China's new energy vehicle model catalog, which means that the model has been approved for sale in China.
The Ministry of Industry and Information Technology (MIIT) announced four documents including the Catalogue of New Energy Vehicle Models Exempted from Vehicle Purchase Tax (the 37th batch), and the China-made Tesla Model Y is exempted from vehicle purchase tax.
On November 5, the MIIT released documents showing that the China-made Tesla Model Y has completed regulatory filing, and the battery type is lithium-ion ternary battery.
The Model Y, a compact SUV developed by Tesla, is the fifth car to be introduced since the company's founding in 2003, and was unveiled in Los Angeles on March 15.
China-made entry-level Model Y expected to drop to RMB 275,000, analysts say
The model is available in four variants: standard, long range, dual-motor all-wheel drive, and performance.
In October 2019, Tesla decided to accelerate the Model Y program and begin production at its Fremont factory in the first quarter of 2020.
On January 7, 2020, Tesla announced the official start of the China-made Model Y program.
Earlier, media reported that after more than half a year of construction, the external construction of Tesla's Shanghai Gigafactory Model Y production facility is almost finished and the internal production line is almost ready.
On August 23, the Tesla Model Y began pre-sales in China, with models including the Long Range Edition and Performance Edition priced at RMB 488,000 and RMB 535,000, respectively.
The two pre-sales are both dual-motor, four-wheel drive models. The Autopilot auto-assist driving option is priced at RMB 64,000.
Tesla CEO Elon Musk has previously stated that the Model Y and Model 3 share the same production platform, with the Model Y being 10 percent larger than the Model 3 and the two sharing up to 75 percent of the components.
Tesla's China-made Model Y coming soon, will NIO face the strongest threat?
More on Cars
