Tesla launches refreshed Model Y in China to fend off domestic rivals

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Tesla launches refreshed Model Y in China to fend off domestic rivals
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The Model Y, which Tesla announced in China, will start at 263,500 Chinese yuan ($35,935), with deliveries set to begin in March.

Tesla on Friday announced a revamped version of its popular Model Y in China, as the U.S. electric car giant looks to fend off challenges from domestic rivals.on Friday announced a revamped version of its popular Model Y in China, as the U.S. electric car giant looks to fend off challenges from domestic rivals.The Model Y will start at 263,500 Chinese yuan , with deliveries set to begin in March.

Elon Musk's electric vehicle firm is facing heightened competition around the world, from startups and traditional carmakers in Europe. In China, the company continues to face an onslaught of rivals from Tesla is offering a number of incentives for customers to buy the Model Y including a five-year 0% interest financing plan.Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklySupreme Court set to hear oral arguments on challenge to TikTok ban

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