Tesla has begun accepting pre-orders for Model Y electric sports utility vehicles from Chinese consumers, which the U.S. automaker said are expected to be manufactured at its Shanghai plant as soon as 2021.
The China-made Model Y comes in two different versions: the long-range version and the performance version. The estimated prices for the two are 488,000 yuan ($70,600) and 535,000 yuan respectively, Tesla’s China website shows.
The long-range version features a range of 505 kilometers on a single charge and can accelerate from 0 to 100 kph in 5.1 seconds. The performance version can travel up to 480 kilometers with a stronger acceleration ability enabling the car to reach 100 kph in only 3.7 seconds.
Tesla, which started deliveries of its first domestically-built Model 3 sedans in January, is doubling down on localization in China, with media reports revealing that the U.S. carmaker is nearing completion of the Model Y production line at its Shanghai plant.
In addition to expanding its manufacturing facilities in China, Tesla has also embarked on a local hiring spree, with plans to build teams to do original design and engineering work, as well as looking to fill a large number of vacancies in final assembly, bodywork, stamping and painting workshops in Shanghai.