EV Daily | BYD Sparks Price War in Europe with Dolphin Surf, Tesla Struggles with Model S and X Sales
Generated by AI AgentAinvest Market Brief
Friday, Jun 13, 2025 8:01 am ET2min read
TSLA--
【Tesla】
TeslaTSLA-- launched updated versions of its Model S and Model X with minor upgrades, including increased range, new wheel designs, improved cabin noise, dynamic ambient lighting, and unique entry animations. Prices increased by $5,000, but sales for these models are declining. The updates also include adaptive driving beams and suspension design changes to enhance stability, although Tesla isn't reporting specific sales figures for these models anymore. Tesla is struggling to sell Model S and Model X, with delivery rates below expectations and no integration of new technology from other models. Tesla's Full Self-Driving (FSD) has seen limited improvements, with recent updates performing worse than previous versions. Tesla's efforts are currently focused on a robotaxi pilot program in Austin, which may result in future improvements to FSD in customer vehicles, but not to an unsupervised driving level. Tesla's hardware upgrades have also stagnated, impacting the potential for unsupervised self-driving capabilities.
【BYD】
BYD is aggressively expanding in Europe with the launch of its affordable EV, the Dolphin Surf, priced around $25,000. Known as the Seagull in China, this EV is expected to spark a price war overseas, potentially increasing demand for more affordable electric cars. BYD outsold Tesla in the UK recently, and both variants of the Dolphin Surf offer competitive range and features. BYD's strategy involves building vehicle components in-house, allowing for lower costs and profitability, and is rapidly expanding globally into markets like Brazil, Thailand, and Mexico.
【Others】
Hyundai's IONIQ 9 and IONIQ 5 are more affordable due to promotional lease offers, with the IONIQ 9 offering a range of up to 335 miles. The IONIQ 9 is Hyundai's latest electric SUV, featuring a spacious interior and advanced tech, and is offered with a complimentary charger. Rivian is offering discounts on its R1 models, including the Tri-Motor versions, with significant savings available for June purchases or leases. Toyota announced partnerships with Chinese tech companies to enhance its EVs with advanced software, smart features, and AI, starting with its bZ3X and bZ7 models. Volkswagen's ID.2 is undergoing testing, showcasing design elements similar to its concept, and expected to launch with competitive pricing and range options. The ID.2 will be based on the MEB+ platform, supporting upcoming entry-level EVs. XCMG and BHP are collaborating on decarbonizing mining operations using electric heavy equipment, marking a strategic partnership aimed at reducing emissions. Hyundai teased the high-performance version of its IONIQ 6, focusing on stability and performance with a debut at the Goodwood Festival of Speed. Infinite Machine's Olto electric two-wheeler offers advanced features and compliance with bike lane regulations, priced at $3,495, and designed as a tool for efficient urban mobility. The Olto blends e-bike performance with motorcycle parts, offering a unique combination of features in a Class 2 electric bicycle format.
TeslaTSLA-- launched updated versions of its Model S and Model X with minor upgrades, including increased range, new wheel designs, improved cabin noise, dynamic ambient lighting, and unique entry animations. Prices increased by $5,000, but sales for these models are declining. The updates also include adaptive driving beams and suspension design changes to enhance stability, although Tesla isn't reporting specific sales figures for these models anymore. Tesla is struggling to sell Model S and Model X, with delivery rates below expectations and no integration of new technology from other models. Tesla's Full Self-Driving (FSD) has seen limited improvements, with recent updates performing worse than previous versions. Tesla's efforts are currently focused on a robotaxi pilot program in Austin, which may result in future improvements to FSD in customer vehicles, but not to an unsupervised driving level. Tesla's hardware upgrades have also stagnated, impacting the potential for unsupervised self-driving capabilities.
【BYD】
BYD is aggressively expanding in Europe with the launch of its affordable EV, the Dolphin Surf, priced around $25,000. Known as the Seagull in China, this EV is expected to spark a price war overseas, potentially increasing demand for more affordable electric cars. BYD outsold Tesla in the UK recently, and both variants of the Dolphin Surf offer competitive range and features. BYD's strategy involves building vehicle components in-house, allowing for lower costs and profitability, and is rapidly expanding globally into markets like Brazil, Thailand, and Mexico.
【Others】
Hyundai's IONIQ 9 and IONIQ 5 are more affordable due to promotional lease offers, with the IONIQ 9 offering a range of up to 335 miles. The IONIQ 9 is Hyundai's latest electric SUV, featuring a spacious interior and advanced tech, and is offered with a complimentary charger. Rivian is offering discounts on its R1 models, including the Tri-Motor versions, with significant savings available for June purchases or leases. Toyota announced partnerships with Chinese tech companies to enhance its EVs with advanced software, smart features, and AI, starting with its bZ3X and bZ7 models. Volkswagen's ID.2 is undergoing testing, showcasing design elements similar to its concept, and expected to launch with competitive pricing and range options. The ID.2 will be based on the MEB+ platform, supporting upcoming entry-level EVs. XCMG and BHP are collaborating on decarbonizing mining operations using electric heavy equipment, marking a strategic partnership aimed at reducing emissions. Hyundai teased the high-performance version of its IONIQ 6, focusing on stability and performance with a debut at the Goodwood Festival of Speed. Infinite Machine's Olto electric two-wheeler offers advanced features and compliance with bike lane regulations, priced at $3,495, and designed as a tool for efficient urban mobility. The Olto blends e-bike performance with motorcycle parts, offering a unique combination of features in a Class 2 electric bicycle format.

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