Business
Model 3 with cheaper battery on sale soon, price drop leak $4,000 – The Driven
Tesla to shortly commence sales of China-made Model 3 with cheaper LFP battery and reports suggest price will come down by $A4,000.
Tesla will commence sales of its China-made Model 3 with a cheaper, less energy dense lithium iron phosphate (LFP) battery that will reportedly most more than 20,000 yuan (about $A4,000) less than the current price.
Made at Tesla’s Shanghai gigafactory, the Standard Range Plus (SR+) Model 3 with Tesla’s standard nickel-manganese-cobalt (NMC) battery currently costs from 271,550 yuan ($A55,717 converted) before subsidies.
Tesla sold more than 70,000 Model 3s up until the end of August in China…
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