EV Daily | BYD's Record India Deliveries, GM's US Rise, Tesla's Insider Trades Amidst Solar Disruption

【Tesla】

A Tesla board member, Joe Gebbia, has purchased 4,000 shares, marking the first insider buy in five years amidst a trend of high stock sales by other board members. Despite Tesla's worst quarter in years, its stock surged 20%. Meanwhile, Tesla's Powerwall 3 has disrupted the US solar inverter market, with Tesla becoming the second-most quoted inverter brand. However, customer interest in alternatives is rising, partly due to controversies surrounding Elon Musk.

Tesla board member Robyn Denholm has filed to sell another $30 million in Tesla stock, continuing a trend of insiders liquidating their positions. Tesla shareholders had previously sued board members over alleged overcompensation, resulting in a near $1 billion return to the company.

【BYD】

BYD has set a record for premium electric vehicle deliveries in India with its new midsize electric SUV, the Sealion 7, which features an 82.56 kWh battery providing a range of up to 567 km. BYD's growth is accelerating globally, with expected sales doubling in Europe and increasing in other regions. The Sealion 7 joins BYD's expanding lineup in India, alongside models like the Seal sedan and Atto 3 SUV.

【Others】

General Motors has surpassed Ford and Hyundai to become the second-largest EV seller in the US, driven by models like the Equinox and Blazer. Hyundai's IONIQ 5 and 6 models are seeing discounts and are available with Tesla NACS ports. Honda's Prologue remains a top electric SUV in the US. Various EVs, including the Chevy Equinox and Honda Prologue, are available for lease under $300 monthly. Genesis is preparing to launch its luxurious electric SUV, the GV90, featuring advanced design elements and expected to be a flagship model for the brand. Range Rover's first electric SUV is nearing debut, promising enhanced range and performance with a new 117 kWh battery. Testing includes extreme conditions to optimize features like single-pedal driving. Volvo is launching a restructuring plan to combat tariffs, focusing on profitability, electrification, and regional operations. New models, like the EX30 and ES90, are part of Volvo's strategy to boost electric vehicle sales despite market challenges. Toyota has delivered over 10,000 units of its bZ3X SUV in China, highlighting its affordability. Isuzu is launching its first electric pickup, the D-MAX EV, aiming to match diesel model performance, with production beginning soon for European markets.