Tesla Model Y

The "lower-priced Model Y" doesn't have much change in the core components, and the launch will depend on the performance of the updated Model Y, according to local media.

Tesla's facelifted Model Y has racked up 200,000 orders since it went up for pre-orders on January 10, albeit including a large number of refundable orders, according to local media.

Pricing for the regular Model Y remains the same as the Launch Series, with the bonus extended warranty no longer available.

Tesla has begun deliveries of its revamped Model Y in China, hinting that the model isn't afraid of competition from local rivals.

Tesla began production of the facelifted Model Y on February 18 at its Shanghai factory.

Deliveries of the facelifted Model Y in China will begin in late February, with the current Launch Series on sale for a limited time until February 28.

The facelifted Model Y has entered a catalog of models eligible for purchase tax reductions in China, completing the full regulatory process.

The facelifted Model Y has been better accepted than the facelifted Model 3 after its launch in China, according to local media.

Model Y production will be suspended for about three weeks to increase production, and Model 3 production will also be suspended during the Chinese New Year, according to Bloomberg.

The single-motor version of the facelifted Tesla Model Y is powered by batteries from CATL, and the dual-motor version is powered by batteries from LG Energy Solution.