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Ride Radar > Blog > Electric Vehicle > Tesla market share drops, Mercedes, BMW, and VW drop new EVs
Electric Vehicle

Tesla market share drops, Mercedes, BMW, and VW drop new EVs

Last updated: September 8, 2025 3:05 pm
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The electric vehicle market is heating up with a slew of new offerings from German automakers like Mercedes, BMW, and VW. These new EVs boast impressive range, fast charging capabilities, and competitive pricing, making them attractive options for consumers looking to make the switch to electric.

Meanwhile, Tesla, once the leader in the US electric vehicle market, has seen its market share dip to near record lows. As a result, Elon Musk, the CEO of Tesla, is set to receive a trillion-dollar raise as a form of punishment for the company’s dwindling market share.

Mercedes and BMW have unveiled new electric crossovers with over 400 miles of range, while VW is gearing up to release an affordable EV as well. These new offerings signal a shift in the electric vehicle landscape, with traditional automakers stepping up their game to compete with Tesla.

In addition to the new EVs hitting the market, there are also some exciting new toys for electric vehicle enthusiasts. The 10×10 Siesta Dock XL from Retrospec and the all-electric John Deere TE 4×2 Gator UTV offer unique experiences for those looking to explore the great outdoors in an eco-friendly way.

For those who prefer to listen to their news, audio-only versions of the Quick Charge podcast are now available on Apple Podcasts, Spotify, TuneIn, and other podcast platforms. The podcast covers the latest developments in the electric vehicle industry, providing listeners with high-voltage daily news updates.

If you have any news tips or feedback for the Quick Charge podcast, you can reach out to the team at tips@electrek.co. And if you’re considering going solar, be sure to check out EnergySage, a free service that can help you find trusted solar installers in your area and save money on your solar installation.

See also  Ford's (F) EV sales remain flat in July ahead of the big reveal

As the electric vehicle market continues to evolve, it’s clear that competition is heating up and consumers have more options than ever before. Whether you’re interested in a new electric crossover from a German automaker or looking for an exciting new electric toy, there’s something for everyone in the world of electric vehicles.

TAGGED:BMWdropdropsEVsmarketMercedesshareTesla
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