It might become even more popular as a new report is suggesting the electric SUV will soon be equipped with a different battery pack.
According to sources familiar the matter, Tesla will be launching a new lithium iron phosphate (LFP) battery in the Model Y next month. While the report has not been confirmed by Tesla, the supplier of the new batteries is rumoured to be CATL.
With the new battery it is possible Tesla could be preparing to introduce the Standard Range (SR) Model Y in China. Since the batteries are cheaper to produce, the automaker would be able to bring it in at a much lower price point than the Long Range Model Y, which starts at ¥347,900 ($66,100 CAD), much like they did in North America earlier this year (but without LFP batteries).
Despite brisk sales, Tesla discontinued the SR Model Y in Canada and the U.S. earlier this year just one month after first introducing it.
Giga Shanghai first introduced LFP batteries to the Model 3 in September 2020. The new battery packs extended the range of the electric sedan, and allows owners to charge to 100% every day without harming the lifespan of the battery.
— Jensen🌎🔋🚘🚀 (@cloudland2019) June 11, 2021