EV Daily | Tesla's 2025 Outlook Brightens Despite Q4 Miss; BYD Gains in China; VW Eyes US Expansion
Thursday, Jan 30, 2025 7:01 am ET
1min read 【Tesla】
Tesla released its Q4 2024 financial results, falling short of expectations on both revenue and earnings, leading to a temporary stock price drop. However, the outlook for 2025 is positive, with growth expected from new affordable models and self-driving advancements. CEO Elon Musk plans to launch unsupervised full self-driving capabilities in select regions mid-2025, despite skepticism about its feasibility. Tesla's hardware updates for FSD vehicles involve replacing HW3 computers with new ones for those who purchased the FSD package. Additionally, Tesla reinforces its solar roof product as part of its residential offerings. Musk highlights its benefits alongside Powerwall despite challenges in the solar market.
【BYD】
Volkswagen's market share in China declined as competitors like BYD gain ground with cost-effective and technologically advanced EVs.
【Others】
Vessev launched its electric hydrofoiling boat for commercial operation in New Zealand, featuring sustainable design and future plans for larger models.
Genesis prepares to launch the GV90, a luxury SUV, in South Korea, expected to rival premium brands with advanced tech and design.
Hyundai aims to double its EV sales in Europe with the affordable Inster EV and larger IONIQ 9, while planning new models to meet emissions targets.
Volkswagen considers expanding EV production in the US for Porsche and Audi to avoid tariffs and strengthen its market position, with potential collaboration on new electric SUVs.
Hyundai and Kia invest in WeaveGrid for better EV-grid integration, enhancing EV charging efficiency and supporting grid stability.
BMW introduces the updated 2026 iX with improved power, range, and design, offering more competitive pricing and new technology features.
China promotes trade-in programs for e-bikes, favoring safer AGM batteries over lithium-ion ones, with subsidies to encourage the transition, while exploring sodium-ion technology.
Tesla released its Q4 2024 financial results, falling short of expectations on both revenue and earnings, leading to a temporary stock price drop. However, the outlook for 2025 is positive, with growth expected from new affordable models and self-driving advancements. CEO Elon Musk plans to launch unsupervised full self-driving capabilities in select regions mid-2025, despite skepticism about its feasibility. Tesla's hardware updates for FSD vehicles involve replacing HW3 computers with new ones for those who purchased the FSD package. Additionally, Tesla reinforces its solar roof product as part of its residential offerings. Musk highlights its benefits alongside Powerwall despite challenges in the solar market.
【BYD】
Volkswagen's market share in China declined as competitors like BYD gain ground with cost-effective and technologically advanced EVs.
【Others】
Vessev launched its electric hydrofoiling boat for commercial operation in New Zealand, featuring sustainable design and future plans for larger models.
Genesis prepares to launch the GV90, a luxury SUV, in South Korea, expected to rival premium brands with advanced tech and design.
Hyundai aims to double its EV sales in Europe with the affordable Inster EV and larger IONIQ 9, while planning new models to meet emissions targets.
Volkswagen considers expanding EV production in the US for Porsche and Audi to avoid tariffs and strengthen its market position, with potential collaboration on new electric SUVs.
Hyundai and Kia invest in WeaveGrid for better EV-grid integration, enhancing EV charging efficiency and supporting grid stability.
BMW introduces the updated 2026 iX with improved power, range, and design, offering more competitive pricing and new technology features.
China promotes trade-in programs for e-bikes, favoring safer AGM batteries over lithium-ion ones, with subsidies to encourage the transition, while exploring sodium-ion technology.
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