The delivery of the cars are expected to begin in the third quarter with the availability restricted to Mumbai, Delhi and Gurgaon. Bookings are now open for Rs 22,000, although the reservation amount is non-refundable.
This means that the company will not be competing with established luxury EV players such as the BMW X1 Long Wheelbase, Volvo C40, BYD Sealion 7, and Mercedes-Benz EQA.
VinFast, a Vietnamese EV maker, also aims to launch in India in August. On Tuesday, the company opened pre-bookings for its VF6 and VF7 models at Rs 21,000, which is fully refundable.
While Tesla will import its vehicles, VinFast is setting up a manufacturing facility in Tamil Nadu with a planned investment of $2 billion.
VinFast’s India strategy focuses on rapid dealership expansion and the introduction of competitive EV models in segments with growing consumer interest. The company’s rollout of dealerships in diverse markets reflects its intent to capture early demand and build brand presence in both urban and Tier-2 cities
The VF 6, which is touted as a compact electric SUV, is expected to compete with models like the MG ZS EV and the upcoming Hyundai Creta Electric.
The VF 7 is a larger mid-size SUV will compete with the likes of the BYD Atto 3.The two companies entering the Indian market for the first time now have
Tesla price and features
The Tesla Model Y starts at Rs 60 lakh and the long-range variant is priced at Rs 68 lakh, due to 70 per cent import duty.
The Model Y available in India will come with an updated design and several interior enhancements.
Among the upgrades is a new touchscreen interface for rear-seat passengers and electrically adjustable rear seats, which a first for Tesla’s SUV.
The SUV comes with two battery options, including the standard variant with a 60 kWh LFP battery and delivers a claimed range of around 500 km, while the Long Range version features a 75 kWh NMC battery with a longer range of up to 622 km.
The Model Y RWD variant accelerates from 0-100 km/h in 5.6 seconds, making it a potent performer within its segment.
VinFast expected price and features
The estimated price range for the model in India is expected to be between Rs 18 lakh and Rs 24 lakh. It will likely be offered in two variants, both powered by a front-mounted electric motor delivering 201 bhp and 310 Nm of torque. The vehicle will use a 59.6 kWh battery pack, offering an estimated range of up to 440 km on a full charge.
It features Level 2 ADAS, an intuitive infotainment system, connected features, signature lighting, and a
panoramic roof.
Meanwhile, the VF7 is mid-sized SUV expected to be priced between Rs 30 lakh and Rs 35 lakh. It will be equipped with a 75.3 kWh battery, providing an estimated range of over 450 km. The car equipped with Level 2 Advanced Driver Assistance Systems (ADAS), large touchscreen, connected car technologies, panoramic glass roof, wireless charging, and signature LED lighting.
