Tesla has unveiled the Model Y at an event in California this evening.

The Model Y is a compact/midsize electric crossover SUV, positioned just above the Model 3 sedan in the American brand’s range. Once it hits the market in late 2020, it will do battle with the Jaguar I-Pace, Mercedes-Benz EQC and Audi e-tron.

Visually, the Y combines the 3’s sleek styling cues with a tougher, taller look from the Model X. Up front there’s a taller fascia with LED headlights and no central grille, while around the rear there’s a sloping roofline with an inbuilt ducktail reminiscent of the Model 3.

Inside, the Model Y borrows much of the cabin from its sedan sibling, which includes the central 15-inch touchscreen, glass roof and minimalist dashboard. Despite its compact size, Tesla will offer the option of a seven seat layout to Model Y customers – although, thanks to the roofline and short dimensions, don’t expect it to be roomy.

By 2021, the Model Y will he sold in four configurations. Initially, the entry level model will be the Long Range, with a 300 mile (482km) range, 5.5-second 0-60mph (97kph) time, 209km/h top speed and $47,000 USD price. An AWD version with the same battery will be available for $51,000, with a shorter 280 mile (450km) range, but a 8km/h higher top speed and faster 4.8-second 0-60mph time.

The range-topper will be the $60,000 USD Performance – it’ll offer the same battery and range as the Dual Motor AWD variant, albeit tuned to sprint to 60mph in just 3.5 seconds, and achieve a 150mph (241km/h) top speed.

A more affordable, $39,000 Standard Range model will become available in 2021, with a 370km (230mi) range, 193km/h top speed and a 5.9s 0-60 time.

The Tesla Model Y goes on sale in the US in late 2020. It’ll likely hit Australian shores sometime in 2021.

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