The new variant, called the Model Y L, features an extended wheelbase and is ​priced at 6.2 million rupees ($66,324.35), according to the company website.

The ​model is positioned between Tesla’s higher-end variant and its ⁠more affordable offering.

The launch aligns with a growing trend among ​Indian consumers who are increasingly favouring larger, more premium vehicles equipped ​with touchscreen displays and sunroofs. This shift has helped propel demand for sport utility vehicles across the market.

Tesla entered India, currently the world’s third-largest automobile market, ​less than a year ago with its imported Model Y. Due ​to the country’s steep 100% import tariff, the vehicle is priced much higher ‌than ⁠in global markets.

Currently, the Model Y rear-wheel-drive version is priced at roughly 6 million rupees, while the long-range rear-wheel-drive variant costs 6.8 million rupees. These price points position Tesla within a niche ​segment, as most ​cars sold in ⁠India are estimated to be priced below $22,000.

The company’s lower running costs, including maintenance and fuel, could ​allow buyers to recover about one-third of the ​Model Y’s ⁠purchase price over four to five years, Tesla India Head Sharad Agarwal had previously told Reuters.

Although the model Y L has not yet ⁠been ​launched in the United States, Tesla introduced ​the version in China last year, where it starts at 339,000 yuan ($49,687.80).

($1 = 93.4800 Indian ​rupees)