Since then, the Model Y has fended off challenges from major automakers like Ford, Chevrolet, Hyundai, and Kia to become one of the top-selling vehicles in the world.
Tesla sold nearly 1.8 million vehicles last year, and the automaker has an ambitious target of 20-30% sales growth this year. A refreshed $45,000 Model Y could help it hit that lofty target as its remaining lineup begins to show its age.
The electric SUV market is now getting much more crowded, with a parade of new competitors every few months.
Here are seven new models — from China and Europe, mostly — that are coming for the Model Y’s crown.
Mercedes electric GLC
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Price: Not yet listed, but expected around $50,000. (A current hybrid model starts at $60,300.)
Availability: GLC400 in late 2026, and GLC300+ early 2027
Range: 350+ miles, depending on trim
Show-stopping feature: An optional panoramic “Hyperscreen” powered by the MB.OS supercomputer.
BMW iX3
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Price: Less than $60,000
Availability: Summer 2026
Range: Up to 400 miles
Show-stopping feature: The iX3 is the first SUV to be built on BMW’s Neue Klasse platform, which was designed specifically for EVs.
Xiaomi YU7
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Price: RMB 253,500 (~$35,500)
Availability: Launched in July and currently only available in mainland China.
Range: 475 miles
Show-stopping feature: Xiaomi makes a lot of other consumer products in China, creating a robust tech ecosystem for users.
Xpeng G7
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Price: RMB 195,800 (~$27,500)
Availability: Third quarter of 2025 in China and Australia.
Range: 375 miles
Show-stopping feature: Situated between the G6 and G9 variants, the G7 is billed as the first “AI car” and includes L3-level computing power.
Nio Onvo L90
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Price: RMB 265,800 (~$37,000), or RMB 179,800 ($25,000) with battery subscription option.
Availability: Launched in July, available in China, Europe, and the Middle East.
Range: 375 miles.
Show-stopping feature: Beyond the dazzling tech (which can recognize more than 1,630 voice commands), the L90 uses Nio’s proprietary ultra-comfortable seat platform.
BYD Sealion 7
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Price: ~$36,300
Availability: Introduced last year in China and Europe, with India and other additional markets arriving throughout 2025.
Range: 336 miles.
Show-stopping feature: The cabin is spacious, and the center screen rotates, which is pretty cool.
BYD Tang L
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Price: RMB 239,800 (~$33,500)
Availability: Launched in April in China.
Range: 375 miles.
Show-stopping feature: All the perks of the Sealion, plus a third row. ‘Nuff said.