It's the third Made-in-China (MIC) Model Y version available in the country, after the Long Range AWD and RWD (previously named Standard Range). Together with two Model 3 versions, the MIC lineup consists of five versions (see the list here).
The Performance version is substantially more expensive, but it offers quicker acceleration and a higher top speed. The range, on the other hand, is shorter than the regular Long Range AWD version.
MIC Tesla Model Y Performance:
- Price: 387,900 CNY ($60,681)
- Range (NEDC): 566 km (352 miles)
- 0-100 km/h (62 mph): 3.7 seconds
- top speed of 250 km/h (155 mph)
As we can see, within basically two years Tesla has launched two electric cars, several versions ranging from the entry-level (Standard Range) to top of the line (Performance).
The MIC cars produced at the Tesla Giga Shanghai have also a high ratio of localized parts supply, including batteries - either from LG Chem's LG Energy Solution or CATL.
After more than 54,000 Model 3/Model Y sold or exported in October, Tesla is expected to reach even higher levels in November and December.
The next step might be an introduction of a China-designed electric car, hinted at by Tesla China Vice President Grace Tao. That would be interesting.
Meanwhile, in the U.S. and Europe, the company is working on a Model Y that will be equipped with 4680-type cylindrical cells, structural battery pack and megacastings (front and rear) that potentially could noticeably improve the product in terms of range and cost.