BEIJING, Aug 18 (Reuters) - Tesla's Model Y L
is "coming soon", the electric car company said on Chinese
social media platform Weibo on Monday, having previously
registered plans to introduce the new model in China.
The Model Y L is a six-seat version of its best-selling
Model Y with a longer wheelbase. Tesla also shared a video of
the new model in its Weibo post.
Tesla is refreshing its line-up in the face of growing
competition that includes Xiaomi's ( XIACF ) recently launched YU7.
Elon Musk's Tesla registered an 8.4% fall in July sales of
its China-made electric vehicles as Chinese competitors continue
to offer lower-priced EVs against the backdrop of a price war
that has bruised automakers, suppliers and dealerships.
A longer-range, rear-wheel drive Model 3 is also coming to
the Chinese market, according to filing information published on
China's industry ministry website in July.