EV Daily | Tesla Expands Megafactory to Boost Megapack Production Amidst BYD's Free Self-Driving Tech Move

【Tesla】

Tesla has initiated production at its new Megafactory in Shanghai, with a capacity of 40 GWh, and begun shipping Megapacks to its first customer. This expansion aids logistics and caters to the demand from Australia, where large-scale energy storage systems are growing in popularity. However, Tesla has had to reduce Megapack prices, impacting margins. Additionally, Tesla faces challenges with its Roadster program, which has seen repeated delays, with no production yet set despite previous announcements. The Model Y is slated to launch soon with Jay Leno having previewed it.

【BYD】

BYD announced its self-driving technology will be offered for free, a move expected to intensify competition with Tesla and Xpeng. The company, along with CATL, is also competing in the battery cell market. BYD has sold over 4.25 million vehicles, surpassing Honda and Nissan, highlighting its expansion and market impact.

【Others】

Lucid is focusing on the Gravity electric SUV, boasting a 450-mile range with a 123 kWh battery. Lucid is expanding its range, with plans to introduce a midsize platform and new affordable drive units, while also securing technology partnerships. Kia's EV6 GT boasts high performance at a cost-effective price, offering up to $19,050 in lease savings. Honda's Prologue has become a top-selling EV in the US, with extended partnerships to promote sustainability in the NHL. Ford's CEO warns of the potential destruction tariffs could have on the US auto industry, while Lucid continues to aim for broad market growth with its advanced EV technologies and strategic partnerships.