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 Inc started accepting orders for its new Model Y L in China on Tuesday with a starting price of 339,000 yuan ($47,184), its website showed, as it refreshes its line-up in the world's largest auto market to battle growing competition.

Tesla ($TSLA) has begun taking orders for its new Model Y L in China, priced from about $47,200. The launch could be the key to reigniting demand