EV Daily | Tesla Leads in EV Sales, BYD Gains Ground, Rivian Tops Satisfaction, Xiaomi Surges

【Tesla】

Tesla has climbed to the top of EV sales with 432,000 vehicles sold in Q3, but its market share fell below 50% for the second consecutive quarter. Despite this, the Cybertruck outsold its competitors.

【BYD】

BYD has strengthened its position in the global EV market with a 9% increase in Q3 sales, selling 424,000 units. The Seagull model continues to drive sales as China's top-selling car. China's CATL and BYD dominate the global EV battery market with a combined share of over 50%.

【Others】

Rivian tops owner satisfaction in EVs for the second year, with Tesla following in the ranks. The Hyundai IONIQ 9, featuring a NACS port for Tesla Superchargers, offers fast charging in 24 minutes.

Chinese automakers are gaining traction globally, with Xiaomi outselling Toyota with its new SU7 model. Xiaomi's impressive debut highlights the increasing influence of Chinese brands in the EV market.

Toyota's new EV models, including the Lexus LF-ZC and LF-ZL, are delayed to introduce cost-cutting production methods. Toyota aims to launch its revamped EVs by mid-2027.

Dodge's electric Charger Daytona retains its muscle car appeal. The EV offers significant performance boosts over its predecessors and qualifies for a federal tax credit.

Nikola faces challenges with its hydrogen-powered trucks, including reliability issues and a dip in stock prices, amid a NHTSA complaint.

Hyundai has introduced the IONIQ 9, a three-row electric SUV, promising a 335-mile EPA range. It will be available in the US and Korea by 2025.

Volkswagen may move ID. Buzz production from Germany to Poland due to labor strikes and unmet production goals.

Porsche's electric 718 lineup faces delays after Northvolt's bankruptcy affects battery supply. Porsche plans to extend ICE models and review its electrification strategy.

The USPS's plan to introduce electric mail carriers faces potential setbacks due to political influences, potentially impacting cost savings and emissions reduction efforts.

California's e-bike incentive program will launch soon, offering vouchers to income-eligible residents, despite previous delays.