Tesla Inc yesterday announced price cuts for its electric vehicles in Taiwan, following recent markdowns in China, Japan, South Korea, Australia and the US to boost buying interest amid weakening global demand.
The Model Y Performance edition, one of its best-selling vehicles in Taiwan, saw the steepest price cut of NT$220,000 (US$7,402) to about NT$2.38 million, information on Tesla’s Web site showed.
The price of the Model Y Long Range version has been lowered by NT$180,000 to about NT$2.12 million, it said.
Photo: AFP
As for its Model 3 series, the price of the RWD version has been cut by NT$60,000 to about NT$1.7 million, while the prices of the Model 3 Long Range version and the Performance version were lowered by NT$149,100 and NT$200,000 to about NT$2.08 million and NT$2.27 million respectively.
The US company said the price cuts would apply to vehicles that have not yet been delivered to buyers.
On Jan. 6, Tesla announced price cuts for its models on sale in China, the second markdown in three months, but the company did not take similar action in Taiwan before the Lunar New Year holiday, which ended on Sunday.
Tesla is the favorite electric-vehicle brand in Taiwan. In the fourth quarter of last year, the company sold more than 4,500 units in the Taiwanese market, marking a new quarterly sales record for any electric vehicle brand in the local market.
Last year, Tesla posted a 95 percent year-on-year increase in sales in Taiwan to more than 11,000 units.
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