Tesla says Model Y L is ‘coming soon’

BEIJING (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 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.

(Reporting by Beijing Newsroom and Brenda Goh in ShanghaiEditing by Joe Bavier and David Goodman)