Chinese automaker Changan Automobile has launched a new electric vehicle that strongly resembles the Tesla Model 3, but it starts at just $26,000.
Tesla has had some issues with Chinese companies getting “inspired” by its designs in the past. Those vehicles are often referred to as “Tesla clones.”
Now Tesla is facing a new major competitor in China that some believe took some inspiration from Tesla.
Changan Automobile, a state-owned automaker, recently launched the Shenlan SL03, a small electric sedan. The front end of the vehicle where the bonnet meets the fascia looks very similar to the Tesla Model 3:
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Those options are comparable to what Tesla used to offer before it stopped taking orders for the longer-range Model 3 in China – presumably because of an extended backlog of orders.
Where the Shenlan SL03 shines is with its pricing. The electric car starts at just ¥183,900, which is the equivalent of about $26,000 USD.
In comparison, the Tesla Model 3 starts at ¥279,900 in China, or about $40,000 USD.
Electronics giant Huawei and CATL, a battery cell manufacturer and a major supplier to Tesla, have participated in the development of the Shenlan SL03 with state-owned Changan Automobile.
The company took over 15,000 reservations for the new electric car only hours after launching it. It plans to deliver the first units to customers by the end of the year and ramp up production to eventually 15,000 units per month.
What do you think of the Shenlan SL03? Is it a Tesla clone? Let us know in the comments section below.