Tesla to Cut Price on Chinese Model 3 With CATL Battery

Source: msn.com msn.com

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Report pinpoints three Man Utd priorities before transfer deadline 1,767 new COVID-19 cases recorded in SA, 67 more people die © 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 Tesla’s basic model down by almost 10%, one of the people said. The cheapest current models are 271,550 yuan after subsidies. Tesla’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...