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EV Daily | BYD Leads Global EV Sales Surge; Tesla's FSD Faces Scrutiny; Hyundai, Ford Expand EV Lineup

AInvestFriday, Sep 27, 2024 8:00 am ET
1min read
【Tesla】

Independent tests on Tesla's Full Self-Driving (FSD) system show a need for human intervention every 13 miles, raising concerns about safety and the system's reliability. Despite CEO Elon Musk's claims of improvements in upcoming versions, the frequent interventions highlight potential complacency and safety issues.

【BYD】

BYD's EV sales are booming, with significant growth in global markets like Japan, where its Seal model has become a top seller. BYD's global expansion continues, with the company overtaking traditional automakers in sales and seizing market share in regions like Southeast Asia and Latin America.

【Others】

Hyundai is introducing the 2025 IONIQ 5 with a new design and Tesla NACS port. The IONIQ 9, a three-row electric SUV, will also launch soon. Hyundai is focusing on cost reduction with LFP battery technology and plans for affordable EV models, including the updated 2025 IONIQ 5, which is being produced in a new US plant. Hyundai's US production aims to capitalize on tax credits and market positioning.Audi's 2025 Q6 e-tron series features advanced battery technology and offers several variants with impressive range and performance. It is Audi's first EV using the PPE platform developed with Porsche, marking a significant step in its EV development.Revel has launched a new 24/7 EV charging station in Manhattan, expanding its charging infrastructure network to support New York City's transition to electric vehicles. The move aligns with NYC's Green Rides Initiative, which mandates zero-emission rideshare vehicles by 2030.Jeep's first EV, the Avenger SUV, has debuted in Japan, challenging local automakers with its competitive pricing and features. The model highlights Stellantis' strategy to penetrate the Japanese market amidst growing demand for imported EVs.Ford plans to reopen its Chennai plant in India to focus on exporting EVs, marking a shift from its previous focus on gas-powered vehicles. This move aligns with Ford's global strategy to expand its electric vehicle offerings in key markets.SAIC-GM and CATL have developed a new lithium-iron-phosphate (LFP) battery cell capable of ultra-fast charging, achieving 200 km of range in just five minutes. This innovation aims to set new standards for EV battery technology, with implementation expected in 2025.
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