SHANGHAI/SAN FRANCISCO, March 1 (Reuters) – Tesla (TSLA.O) is readying a manufacturing revamp of its top-selling Model Y, based on three individuals with information of the plan.
The adjustments to the Model Y – code-named Project Juniper at Tesla – contain the outside and inside of the crossover electrical car with a goal of beginning manufacturing in 2024, based on two of the individuals, who requested to not be recognized as a result of the planning stays non-public.
A revamp of the Model Y would imply Tesla is on observe to supply new variations of its top-selling fashions over the subsequent two years, addressing strain in markets like China and the United States for a visual reboot of its best-selling autos within the face of accelerating choices for EV patrons.
The automaker has not commented on its product technique or any deliberate mannequin adjustments. Tesla didn’t instantly remark when requested by Reuters concerning the plans for the Model Y, which was its greatest vendor in California, China and Europe final 12 months.
Chief Executive Elon Musk has stated he’ll talk about the third a part of the EV maker’s “Master Plan” when the corporate holds an investor day occasion in a while Wednesday.
Tesla has already been working to retool its Shanghai meeting plant to arrange for a revamped model of its Model 3 sedan, a venture codenamed Highland by Tesla, Reuters has reported.
The Highland model of the Model 3 is predicted to enter manufacturing in Shanghai in September, based on an individual with information of the matter.
With Highland, Tesla is aiming to chop manufacturing prices and enhance the enchantment of an electrical sedan that first went on sale in 2017, individuals concerned within the venture have stated. There may also be adjustments to the outside and powertrain efficiency with a concentrate on manufacturing effectivity, they stated…
Read Full Source: Reuters