EV Daily | Tesla App Diner, BYD's EU Expansion, Hyundai's IONIQ 5, and Rivian Upgrade Deals

Generated by AI AgentAinvest Market Brief
Wednesday, Jan 22, 2025 7:01 am ET1min read
【Tesla】

Tesla is integrating a diner into its mobile app, linked with a new Supercharger station in LA. The app hints at a possible insurance discount for using Full Self-Driving (FSD) more often. Updates also include features for the upcoming cheaper Cybertruck, like a single motor, smaller battery, manual tonneau cover and bed outlets, and a new feature to estimate vehicle battery heating time before charging.

【BYD】

BYD holds a 17.1% market share, up from 15.9%, and is expanding in Europe with new EVs.

【Others】

Hyundai's 2025 IONIQ 5 offers a larger 84 kWh battery, increasing its range to 328 miles. Despite losing the $7,500 tax credit, Hyundai promotes incentives like free chargers. The IONIQ 5 remains appealing with design upgrades and a Tesla NACS port.

Rivian offers up to $6,000 for upgrades on R1S and R1T models, enhancing battery packs and manufacturing efficiencies. This deal is available until March 31, 2025.

CATL plans to open a fourth EV battery plant in Europe by 2025, partnering with Stellantis for LFP battery production, and expanding its battery swap network with quick-swap capabilities.

Volvo launches the 2025 EX30 and EX90 electric SUVs in the US. The EX30 starts at $44,900 with a 253-mile range, while the EX90, starting at $79,995, offers a three-row configuration and up to 310 miles range. Both models emphasize Volvo's commitment to luxury and advanced technology.

CAKE's Makka electric mopeds were gifted to Dallas Cowboys players by Dak Prescott, featuring custom designs. EMOTO Supply Co. manages CAKE's inventory following its bankruptcy.

China achieved significant renewable energy growth in 2024, surpassing its 2030 target of 1,200 GW in solar and wind capacity. Despite coal's presence, permits for coal projects dropped significantly.

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