Tesla Raises Prices Of Model 3 And Model Y in South Korea Amid Russian-Ukrainian War

Tesla Korea raised the price of its Model 3 and Model Y electric vehicles sold in South Korea. This is because the price of raw materials for electric vehicle batteries such as nickel has soared after the Russian-Ukrainian war. According to industry insiders on the 14th, Tesla South Korea announced on its official website that it will raise the Model Y Performance and Model 3 Long Range by 1 million won (about RMB 5,123) and the Model Y Long Range by 2 million won (about RMB 5,123). 10246 yuan). Specifically, the Model Y performance was adjusted to 87.99 million won (450,700 yuan), the Model Y long battery life was 81.89 million won (419,500 yuan), and the Model 3 long battery life was 70.79 million won (362,600 yuan). However, the subsidy has not changed. The government subsidies for Model 3 Long-Range and Model Y Long-Range are 3.15 million won (16,138 yuan) respectively, and there is no subsidy for Model Y that exceeds the upper limit of 85 million won. Meanwhile, Tesla has been steadily raising prices since last year. An auto industry official said: "We expect Tesla's price increase policy to spread throughout the electric vehicle industry.