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Geely TT Electric Sport Sedan Launches in China at a Fraction of the Price of a Tesla

WHY IT MATTERS

The Geely TT's affordable price and advanced features could disrupt the Chinese electric vehicle market, offering consumers a more accessible luxury option and potentially increasing adoption rates.

What happened

Geely has launched its new TT electric sport sedan in China, priced at 129,900 yuan (approximately $19,100). This affordable luxury vehicle boasts 800V fast charging and LiDAR technology on every trim level. The Geely TT's price point is roughly half that of a comparable Tesla model, making it an attractive option for those seeking high-performance electric vehicles without the hefty price tag. The sedan's impressive range and advanced charging capabilities make it a compelling choice for Chinese consumers. Geely's decision to include LiDAR technology on every trim level suggests a commitment to safety and innovation. The TT's launch marks a significant entry into the Chinese electric vehicle market for Geely, a major player in the industry.

PRIMARY SOURCES

Geely TT launches at $19,100 — half the price of a Tesla

Electrek · Fred Lambert · Discovery only; publisher copyright terms apply

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