The six-seater EV starts at ¥339,000, or about $47,000. That’s about $3,600 more expensive than the Model Y Long Range AWD in China. The range is 751 km (466 miles) on the CLTC driving cycle, which is typically more generous than the WLTP and EPA estimates.

Tesla (TSLA, Financials) launched the Model YL, a larger six-seat version of its popular SUV, in China with a starting price of 339,000 ($47,000). Deliveries are set to begin in September. Warning!