Seoul: US electrical car maker Tesla on Friday launched its compact sport utility car (SUV), the Mannequin Y, in South Korea because it tries to spice up gross sales within the nation.
Tesla Korea mentioned the Mannequin Y is out there in three trim ranges right here, with the beginning value for the usual vary mannequin set at 59.99 million received ($54,191).
The costs for the long-range mannequin and the efficiency trim are to start out from 69.99 million received and 79.99 million received, respectively.
Beginning this 12 months, South Korea will give the total quantity of presidency subsidies to electrical vehicles which can be priced beneath 60 million received, which means solely those that purchase the Mannequin Y normal trim can get the subsidies in full.
Individuals who buy the long-range trim and the efficiency mannequin of the Mannequin Y will get half of the federal government subsidies.
The Mannequin Y is Tesla’s latest car launched in South Korea after the Mannequin 3 in August 2019.
Additionally it is the primary time in almost three years that Tesla is bringing an SUV mannequin to South Korea following the Mannequin X in 2018.
Tesla Korea mentioned the Mannequin Y provides five-seat and seven-seat choices, however the latter can be launched within the nation later.
The US EV model additionally launched the 2021 model of the Mannequin 3 sedan. It is going to be out there in three trims as properly, with the worth ranging from 54.79 million received.
With the launch of recent fashions, Tesla Korea mentioned it’s going to set up supercharger stations in 27 spots within the nation and add a most eight upkeep facilities nationwide by the top of this 12 months.
In accordance with knowledge from the Korea Vehicle Importers and Distributors Affiliation and automakers, Tesla accounted for one-fourth of the full EV gross sales in South Korea final 12 months.
The info additionally confirmed that imported EV gross sales reached 15,183 models in 2020, and Tesla represented 77.9 % of them.
