Tesla China will reportedly park parts of its Model Y production lines at Giga Shanghai in the coming weeks.
The hiatus will reportedly allow Tesla to optimize its Gigafactory Shanghai for mass production of the new “Juniper” Model Y.
News leadership:
Citing sources familiar with the matter, Bloomberg News claimed that the Giga Shanghai Model Y line will be closed from January 22 to February 14. This covers the Chinese New Year holiday. The alleged updates to the Giga Shanghai will reportedly allow Tesla China to increase production of the all-electric crossover. The Giga Shanghai Model 3 line will reportedly stop production as well, though its temporary hiatus is expected to cover the period from January 26 to February 3. Tesla China Bloomberg has not confirmed the news claims at the time of writing.
Why it matters:
According to the post, it is not unusual for automakers in China to temporarily halt production during the Chinese New Year holidays. This year, the Chinese Spring Festival period begins on January 29. Beijing expects 9 billion domestic trips across regions during the holiday period this year. Upgrading the Giga Shanghai Model Y line will be beneficial for Tesla China given the reported interest in the updated vehicle after its launch. . Industry insiders claimed that Tesla China appears to have received around 50,000 orders for the new “Juniper” Model Y during its launch day.
between the lines:
The Model Y refresh is the first significant change in five years, and is expected to improve consumer interest in the vehicle. Although largely unchanged for five years, the Tesla Model Y proved to be a bestseller, becoming the best-selling car in the world. The best-selling car by volume in 2023 and the best-selling car in China in 2024. With the new design, Model Y can attract more consumers than before.
What’s the next step:
Deliveries of the new Model Y are expected to begin in March, with pricing set at 263,500 yuan ($35,900). Markets supplied by Giga Shanghai, such as the Philippines, are expected to receive the updated Model Y around April.
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