March 27, 2023

SHANGHAI/SAN FRANCISCO, March 1 (Reuters) – Tesla (TSLA.O) is readying a manufacturing revamp of its top-selling Mannequin Y, in keeping with three folks with information of the plan.

The adjustments to the Mannequin Y – code-named Undertaking Juniper at Tesla – contain the outside and inside of the crossover electrical automobile with a goal of beginning manufacturing in 2024, in keeping with two of the folks, who requested to not be recognized as a result of the planning stays personal.

A revamp of the Mannequin Y would imply Tesla is on monitor to supply new variations of its top-selling fashions over the subsequent two years, addressing strain in markets like China and america for a visual reboot of its best-selling automobiles within the face of accelerating choices for EV patrons.

The automaker has not commented on its product technique or any deliberate mannequin adjustments. Tesla didn’t instantly remark when requested by Reuters in regards to the plans for the Mannequin Y, which was its greatest vendor in California, China and Europe final yr.

Chief Govt Elon Musk has stated he’ll talk about the third part of the EV maker’s “Master Plan” when the corporate holds an investor day occasion afterward Wednesday.

Tesla has already been working to retool its Shanghai meeting plant to arrange for a revamped model of its Mannequin 3 sedan, a venture codenamed Highland by Tesla, Reuters has reported.

The Highland model of the Mannequin 3 is predicted to enter manufacturing in Shanghai in September, in keeping with an individual with information of the matter.

With Highland, Tesla is aiming to chop manufacturing prices and increase the attraction of an electrical sedan that first went on sale in 2017, folks concerned within the venture have stated. There will even be adjustments to the outside and powertrain efficiency with a deal with manufacturing effectivity, they stated…

Learn Full Supply: Reuters