Tesla to Cut Price on Chinese Model 3 With CATL Battery

Report pinpoints three Man Utd priorities before transfer deadline 1,767 new COVID-19 cases recorded in SA, 67 more people die à‚© Copyright (c) Daily Maverick , All Rights Reserved The mass-market Model 3s with the new batteries from a Chinese supplier will sell for 249,900 yuan ($36,800) after government subsidies, bringing the starting price of Teslaࢀ™s basic model down by almost 10%, one of the people said. The cheapest current models are 271,550 yuan after subsidies. Teslaࢀ™s new powertrains are expected to include a cobalt-free lithium iron phosphate (LFP) battery made by Ningde, Fujian-based Contemporary Amperex Technology Co. Ltd. The…