Exciting News for Tesla Fans: The New Model Y Subsidy
Tesla's commitment to advancing electric vehicle technology continues to bear fruit, as the new Model Y has been designated eligible for a subsidy of 870,000 yen under Japan's Clean Energy Vehicle (CEV) scheme. This significant sum not only reflects the growing recognition of Tesla's innovation but also the ongoing enhancements in vehicle performance and sustainability practices.
Beginning in fiscal year 2023, new evaluation criteria have been introduced to assess automakers. These criteria focus on the stable acquisition of critical minerals, robust cybersecurity measures, and future plans regarding the use of low-environmental-impact steel. With the incorporation of these elements, Tesla stands out as the only imported vehicle brand to qualify for the maximum subsidy amount.
Why This Matters for Tesla Buyers
For residents in areas like Chiyoda City in Tokyo, the financial advantages can be staggering. A prospective Tesla owner can combine federal assistance, totaling 870,000 yen, with local subsidies, which might add up to 80,000 yen from the Tokyo government and 20,000 yen from the district. This creates a potential total subsidy of 1,870,000 yen—a compelling reason to consider going electric with Tesla.
Model Pricing Breakdown
Here’s a look at the base prices (including tax) and available subsidies across different Model 3 and Model Y variants:
Model | Price (Tax Included) | CEV Subsidy |
---|
------- | ---- | --- |
Model 3 RWD | ¥5,313,000〜 | 870,000 yen |
Model 3 Long Range AWD | ¥6,219,000〜 | 870,000 yen |
Model 3 Performance | ¥7,259,000〜 | 870,000 yen |
New Model Y RWD | ¥5,587,000〜 | 870,000 yen |
New Model Y Long Range AWD | ¥6,476,000〜 | 870,000 yen |
*Note: These prices reflect the cost of the vehicle itself as of April 2025. They do not include option costs, and values may vary by model grade.
It’s important for buyers to stay informed, so ensure you check the latest information from the Next-Generation Car Promotion Center’s website for updates regarding subsidies and eligibility.
Charging Infrastructure: A Key Advantage
Tesla continues to bolster the appeal of electric vehicle ownership through programs that make the transition easier for first-time EV buyers. One of the standout features is access to the Tesla Supercharger network—a vast and reliable charging solution that features over 60,000 fast chargers globally. In Japan alone, there are 128 locations and a total of 649 Superchargers operational as of 2025. Many charging stations in Japan feature charging powers exceeding 150 kW, confirming Tesla's stance on establishing a seamless electric vehicle ecosystem.
Owners can enjoy the convenience of recharging their vehicles almost anywhere, easing the challenges associated with electric vehicle adoption. As demand for sustainable transportation grows, Tesla remains dedicated to expanding its charging network, ensuring that drivers can simply plug in and recharge without hassle.
This timely announcement about the subsidy opens the door for many potential Tesla owners. The new Model Y, in conjunction with generous financial support, represents a significant leap towards sustainable mobility, making now the perfect time to explore Tesla ownership opportunities. However, be aware that the current promotional campaign is limited to available Model 3 stock or custom orders and does not extend to the new Model Y.
With Tesla’s innovations and the support of both government and local entities, a greener future is not just on the horizon but becoming a reality for many.