Key Takeaways
1. Tesla Model 3 was launched in 2016 to provide budget-friendly electric vehicles, with over three million units sold since 2017.
2. The Model 3 has been the world’s leading battery-electric sedan for seven years, with a new unit delivered every 90 seconds.
3. Attractive financing options include zero-interest loans in China and 0% APR offers in the US with Full Self-Driving purchase.
4. Recent updates to the Model 3 include the “Highland” version with improved design and increased driving range.
5. A new Model 3 Plus in China features a higher-capacity battery for enhanced range, alongside a new Model Y L with three rows of seating.
Tesla introduced the Model 3 back in 2016, aiming to create more budget-friendly electric vehicles (EVs). Since then, the company has made great strides, with over three million units of this electric sedan sold since production kicked off in 2017.
A Record-Breaking Sedan
Per a Weibo post from Tesla China (translated via Google Translate), the Model 3 continues to be the world’s leading battery-electric sedan, holding this position for an impressive seven years. It has become the epitome of mass-market EVs, with a new Model 3 being delivered every 90 seconds.
Attractive Financing Options
The post also highlights financing opportunities for the Model 3 in China, offering zero-interest loans for a period of five years, starting at just RMB 2,460 monthly. In the US, Tesla is running a similar deal, providing 0% APR for up to 60 months, although this is only available with the purchase of Full Self-Driving (FSD).
Recent Updates and Variants
Tesla has rolled out several updates for the Model 3, the most recent being the “Highland” version, which features a more stylish font and sleeker headlights. These aerodynamic changes have also led to a slight increase in the driving range.
In addition, Tesla has introduced a Model 3 Plus in China, which comes equipped with a higher-capacity NMC battery from LG, potentially enhancing the EV’s driving range considerably. This was revealed alongside a new Model Y L that offers three rows of seating.
In conclusion, Tesla continues to innovate and dominate the EV market with its Model 3 and related offerings.
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