Tesla

The prices of all three variants of the Model 3 have gone up by RMB 3,600 ($490) in China, with the range of the entry-level version increased by 28 km.

Tesla's Chinese website offers a seating layout option for the facelifted Model Y, although only five-seat is currently available, implying the possibility of three-row seating variants.

Xiaomi CEO hinted that the YU7 SUV is more competitive in the face of the Model Y update.

Tesla's China website listed the facelifted Model Y and has begun offering two variants it calls the “Launch Series,” with deliveries expected to begin in March.

In the fourth quarter, Tesla's retail sales in China were 196,902, contributing 39.73 percent of global deliveries.

A facelifted Tesla Model Y not wrapped in camouflage has been spotted undergoing winter testing, signaling that it could be close to launch.

In the fourth quarter, Tesla China's sales including exports were about 240,900, contributing about 49 percent of the EV maker's global deliveries in the quarter.

Tesla sold about 196,900 vehicles in China in the fourth quarter, contributing 40 percent of global deliveries.

For the full year 2024, Tesla delivered 1,789,226 vehicles globally, a decrease of 1.07 percent from 2023 and the first decline in more than a decade.

Tesla will begin deploying V4 Superchargers in China in 2025, and will open them up to other brands.