Tesla’s Six-Seat Model Y Plan to Take on China Rivals

EV giant Tesla is planning to build a six-seat version of its Model Y car in China from late next year, Reuters reported, as the US firm bids to find an edge in the face of increased domestic competition in the world’s biggest car market.

Tesla has reportedly asked suppliers to prepare for a double-digit increase in Model Y output at its Shanghai factory, the story continued, as the automaker tries to increase the appeal of its best-selling electric vehicle.

The addition of a six-seater variant reveals how much pressure Tesla is feeling in China from local rivals as, contrastingly in the US, Tesla is prioritising self-driving technology and robotaxi development to advance its fortunes, the report went on.

Read the full story: Reuters

By Sean O’Meara

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Sean O'Meara

Sean O'Meara is an Editor at Asia Financial. He has been a newspaper man for more than 30 years, working at local, regional and national titles in the UK as a writer, sub-editor, page designer and print editor. A football, cricket and rugby fan, he has a particular interest in sports finance.