One of the best-selling EVs worldwide is the Tesla Model Y: Understand why

 One of the best-selling EVs worldwide is the Tesla Model Y: Understand why

One of the best-selling EVs worldwide is the Tesla Model Y: Understand why

Since it has a large Supercharger network with 5,832 Superchargers and more than 50,000 connections globally, Tesla is most successful in North America, Europe, and China.

Roughly three-quarters of all Tesla sales in China came from the Model Y.

Among the best-selling electric vehicle models globally, the Tesla Model Y has shown immense popularity.

Tesla is getting ready to launch a new iteration of its popular Model Y from its Shanghai facility, according to a report by Reuters.

The story goes on to say that the updated Model Y sport utility vehicle is now undergoing preparations in China, with full production possibly starting in the middle of 2024.

Around 75% of Tesla's total sales in China, according to Bloomberg statistics, are made up of Model Y deliveries.

road map

Tesla is the most powerful in North America, Europe, and China, according to a survey by GlobalFleet. This is because to its robust Supercharger network, which includes 5,832 Superchargers with more than 50,000 connections globally.

China Passenger Car Association statistics shows that deliveries of Model 3 and Model Y cars increased 14.3% from October to 82,432 units in November, with China-made Tesla vehicles reaching that milestone.

According to the research, in the first quarter of 2023, China constituted 35 percent of total Model Y sales, with the US accounting for 31 percent.

reduction in price

The price reductions on a number of models have worked well and are a wise strategic choice for Tesla.

According to the research, the Model 3 and Model Y had the largest price drops earlier this year, with the Model 3 seeing drops of almost £6,500 in the UK and €6,000 in Germany.

Indian Perspective

There is reportedly room for Tesla in India since the nation is looking beyond Chinese electric vehicles. According to reports, Tesla and the Indian government discussed opening a gigafactory in July with the intention of selling $24,000 automobiles.