Tesla is adapting its EV lineup in China to counter increasing competition, applying for new sales licenses for the longer-range Model 3 Plus and the Model YL, a three-row SUV. These new models aim to boost sales following a 14% global delivery drop, as domestic rivals like BYD pose significant challenges in the world’s largest EV market.
Explain It To Me Like I’m 5: Tesla is launching new versions of its popular electric cars in China, including a longer Model 3 and a bigger Model Y, to compete better against local brands like BYD as sales have dropped recently.
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