Tesla’s upcoming cheaper electric car is basically a stripped-down Model Y
Tesla is preparing to launch a couple of new more affordable electric vehicles and the first one is expected to basically be a stripped-down Model Y, according to a new report from China.
We have been reporting on this new vehicle program from Tesla for a while now.
It came to life just over a year ago as a pivot for Tesla after CEO Elon Musk canceled two cheaper vehicles that Tesla was working on, commonly referred as “the $25,000 Tesla”. Those vehicles were codenamed NV91 and NV92, and they were based on the new vehicle platform that Tesla is now reserving for the Cybercab.
Instead, Musk saw that Tesla’s Model 3 and Model Y production lines were starting to be underutilized as Tesla faced demand issues. Therefore, Tesla canceled the vehicles program based on the new platform and decided to build new vehicles on Model 3/Y platform using the same production lines.
We previously reported that these electric vehicles will likely look very similar to Model 3 and Model Y.
Now, this is being confirmed by a new report coming from 36Kr, a Chinese tech media, about a new Model Y-based vehicle that Tesla is planning to produce at Gigafactory Shanghai. The vehicle is being described as a “lower-priced Model Y” (translated from Chinese):
People familiar with the matter told 36Kr that the new model is a “lower-priced Model Y”. Compared with the current Model Y, the new car’s battery, power and chassis have basically not changed much.
The report references the new version of the Model 3 that Tesla launched in Mexico last year. It’s a regular Model 3, but Tesla removed some features, like the second-row screen, ambient lighting strip, and it uses fabric interior material rather than Tesla’s usual vegan leather.
Starting at the equivalent of $35,000 USD in Mexico, it is about $4,000 cheaper than a regular Model 3.
The report references a “depop”, or more likely “decontent” approach, to the new Model Y-based vehicle:
“It is developed through depop.” People familiar with the matter revealed that depop is a development idea within Tesla, which is to achieve the rapid launch of products by simplifying the configuration while keeping the main functions unchanged.
It sounds similar to what Tesla did with the Model 3 in Mexico.
The 36Kr report has some credibility since its source references the change in codenames, which now use “letters and numbers,” previously reported by Electrek.
According to the report, Tesla is expected to launch the new vehicle in China in the second half of the year, depending on the popularity of the refreshed Model Y in China:
The launch time of these new models will depend on the order performance of the renewed Model Y. If the new Model Y does not perform as expected, Tesla is expected to launch this “cheaper Model Y” in the second half of this year.
The vehicle is also expected to launch in other markets since, as previously reported, Tesla’s Model 3 and Model Y production lines in the US and Germany are also currently being underutilized.
Electrek’s Take
Tesla investors shouldn’t hope for a silver bullet in those new models as they will likely greatly cannibalize Tesla’s existing Model 3/Y sales.
It explains why Tesla is waiting to launch them until it takes advantage of the demand bump from the refreshed Model Y.
I know I’ve been hammering on this for a while, but it was another critical management error from Elon Musk, who thought that Tesla didn’t need a $25,000 model based on the next-gen platform because “self-driving is just around the corner.”
That said, he is correcting a bit for his mistake by finding a way to fully utilize Tesla’s production lines, which have been operating below capacity for a while now.
But I would expect Tesla’s gross margins to tighten even more than they already have over the last two years.
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The current EV era is ripe with revered classic car designs and iconic nameplates that are being reborn as battery-powered rides – and the success of cars the Renault 5 proves it can be a winning formula. Today, I’m suggesting another 1980s classic that deserves a modern electric update: the Buick Grand National.
I want to start this off by saying: yes, I know there was never a Buick Electra Grand National. The storied, turbocharged Buick GNX of yore was based on Buick’s Regal model, not the more ponderous Electra – but this is my article, and I think the “Electra” nameplate belongs on a US-market EV significantly sooner than later.
As for the “Grand National” part, the timeslip will solve that.
Why it would work
Thanks to the nearly $300,000 Cadillac CELESTIQ ultra-luxury car, we’ve already seen GM put a low-slung sedan body on its EV skateboard. That car uses a pair of electric motors, one on each axle, for a 655 hp all-wheel driving experience capable of launching the big sedan from 0-60 mph in just 3.7 seconds.
Putting those same motors under a shorter, lighter two-door sedan body would put my proposed all-electric Buick Electra at just under 6,000 lbs., and make the new car more than quick enough to earn the Grand National badge with a 3.5-second dash to 60 on its way to an 11.25 (ish) second quarter mile at about 120 mph. As for cost? You could almost name your price, but keeping it just under the Chevy Corvette’s $74,780 base price would make it a winner.
Limit production to 1987 units, make them order-only so dealers can’t ruin the party with obscene markups, and Buick can watch the money roll in … possibly.
You guys are smart, so I’m sure you’ll be able to find all the problems with this particular take – and I can’t wait to hear them! Should it be RWD only? A plug-in hybrid? Scroll on down to the comments and let me know what you think it would take to make a battery-powered Buick GNX revival make sense.
Original content from Electrek.
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If you’ve been dreaming about hitting the open road on two wheels with serious power, comfort, and style, the Cikada Touring e-Bike might just be your perfect ride. Designed for modern explorers who want adventure without compromise, this premium e-bike blends high-end performance with thoughtful design.
Smooth power that takes you everywhere
At the heart of the Cikada Touring e-Bike is a BaFang M410 350W motor that packs a punch with 80Nm of torque and provides assisted speed of up to 20 mph.
Mounted at the bike’s center, the motor’s placement creates ideal weight distribution, boosting traction and handling on everything from steep climbs to winding trails. Its compact design integrates seamlessly into the frame, keeping the center of gravity low for a more stable, confident ride that feels naturally in sync with your movements.
You’ll climb hills like a pro and accelerate with ease. It’s efficient, reliable, and perfect for riders who want consistent power for touring, commuting, or weekend adventures. Plus, it’s got walk assistance for when you’re not riding.
Go the distance
Worried about running out of juice? Don’t be. The 720Wh LG 21700 removable battery delivers a range of up to 75 miles (121 km) on a single charge. That’s plenty of power for long scenic routes, daily commutes, or even multi-day rides when you want to explore more and charge less. And when it’s time to juice up again, it only takes six to eight hours to reach full charge.
Built for comfort and confidence
No matter where the road takes you, the Cikada Touring e-Bike is ready. Its 27.5 x 2.8-inch Kenda anti-puncture tires with reflector strips keep you rolling smoothly and safely, while the suspension fork absorbs bumps across various terrains. Add an ergonomic design and 6061 aluminum frame, and you’ve got a bike that feels stable, balanced, and built to last.
Hydraulic disc brakes give you confident stopping power, and with 8-speed Microshift gearing, you’ll have full control over every incline and descent.
Everything you need, built in
The Cikada Touring e-Bike comes fully equipped for adventure. With integrated rear rack, lights, and mudguards, it’s road-ready right out of the box. No extra accessories needed – just hop on and ride.
Plus, the integrated Bafang system means your motor, sensor, and display all work seamlessly together for a smooth, intuitive riding experience.
Take it to the next level with the Cikada app
Plan, manage, and customize your next adventure with the Cikada app. Available on Android and iOS, it pairs your smartphone to your e-bike via Bluetooth so you can dive into real-time performance data, service tools, and smart ride features that make every journey smoother and more connected. You can track your progress, analyze past rides, fine-tune your ride settings, check your bike’s status, and even share your location or ride stats with the Cikada community, all from one easy-to-use dashboard.
Why riders love it
The Cikada Touring e-Bike is more than just a good-looking ride. It’s a thoughtful blend of power, endurance, and comfort – ideal for riders who want to explore new places, tackle longer distances, or simply enjoy every mile with confidence.
Plus, Cikada offers a 30-day trial period on all its e-Bikes. If you’re not happy, Cikada refunds your purchase, no questions asked.
Ready to tour farther, climb higher, and ride in style? Check out the premium Cikada Touring e-Bike and start your next great adventure.
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It looks like retail giant Target has been reading our posts about the Chevy Brightdrop being the best deal in the commercial EV business, because the company has picked GM’s electric box van to pilot a new, dedicated last-mile delivery service in Dallas-Fort Worth.
The new pilot program will see 50 new Chevy Brightdrop vans deployed in a collaboration between Target, Circuit EV Solutions, and a last-mile logistics startup called the Frontdoor Collective that relies on its franchise owners to make its deliveries instead of outsourcing that delivery work to independent contract carriers gig workers.
“We’re building the infrastructure backbone that makes high-volume electric delivery possible nationwide,” said Adam Greenberg, CEO at Circuit EV Solutions. “By ensuring fleets have the charging support they need, we’re removing the final barrier to true EV scalability in last-mile logistics.”
Circuit EV Solutions provides the backbone of the highly-visible Target collaboration, delivering the fleet management and charging software to monitors vehicle health, schedule depot charging, and ensure that every Chevy Brightdrop van leaves the hub with an optimally full battery and a fully optimized delivery route, eliminating range anxiety among the vans’ operators.
Chevy Brightdrop
Chevrolet Brightbrop electric vans were designed with last-mile delivery efforts in mind, and offers a best-in-class 272 miles of combined range, large, squared-off cargo hold for maximum capacity, and lower maintenance and fuel costs than the ICE-powered competition.
For independent delivery service providers, that’s a killer combination that can help translate to higher margins and more time back in their busy days to spend with their families – which is something I think we can all get behind.
Click here to find out if your business can take advantage of special tax incentives with the purchase of a new electric van, and click the link, below, to check out a new Brightdrop van near you.
SOURCE | IMAGES: Circuit EV, via Freightwaves.
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