The competitors made gains in the sticker price range below $50,000, where Tesla barely competes.
FILE - Tesla Supercharger is seen at Willow Festival shopping plaza parking lot in Northbrook, Ill., on May 5, 2022. New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data. – New electric vehicle models from multiple automakers are starting to chip away at Tesla's dominance of the U.S. EV market, according to national vehicle registration data.
“Tesla's position is changing as new, more affordable options arrive, offering equal or better technology and production build,” S&P Global Mobility said in a statement Tuesday. “Given that consumer choice and consumer interest in EVs is growing, Tesla's ability to retain a dominant market share will be challenged going forward.”
A shortage of computer chips and other parts has stopped many competitors such as Ford, General Motors, Hyundai, Kia and Volkswagen from running factories at full capacity to meet demand. Tesla plans to introduce its Cybertruck pickup next year, and a new Roadster at an undefined date, but otherwise its light-vehicle model lineup in 2025 will be the same as it is now, S&P said. The company has plans to deliver some electric semis to PepsiCo on Thursday.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lancia Design Day heralds start of a new eraLancia is back! A new logo, a new philosophy and new cars coming, too. Hopefully they'll have wheels 🛞
Read more »
Make Your EV Fart From A Distance: iOS Tesla App Update Introduces New Features | CarscoopsMake Your EV Fart From A Distance: iOS Tesla App Update Introduces New Features | Carscoops carscoops
Read more »
Audi A6 e-Tron: next year's new electric Tesla fighter spiedTake a sneak peek at next year's new Audi A6 e-Tron electric Tesla tangler – caught on icy winter test drive 📸
Read more »
Competitors chip away at Tesla’s US electric vehicle shareA shortage of computer chips and other parts has stopped many competitors such as Ford, General Motors, Hyundai, Kia and Volkswagen from running factories at full capacity to meet demand.
Read more »
See how Teslas have evolved in this Petersen Automotive Museum exhibitionThe exhibition, which runs through October 2023 in Los Angeles, features the 2009 Model S, 2017 Roadster, 2019 Cybertruck and other Tesla innovations.
Read more »
Why GM dealers are quietly repairing TeslasThe company has repaired over 11,000 Teslas over the past year, said GM President Mark Reuss.
Read more »