EV Daily | Tesla Crash Report Debate, BYD Battery Advances, and Lucid's Strategic Moves
Generated by AI AgentAinvest Market Brief
Saturday, Dec 14, 2024 7:00 am ET1min read
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TSLA--
【Tesla】
The Trump transition team is pushing to eliminate a Tesla-specific crash reporting requirement, potentially impacting NHTSA's ability to monitor automated-driving systems. Tesla, which constitutes most reported crashes, argues against the mandate, though it's vital for safety oversight. Musk's involvement with Trump's team raises questions of influence. Despite Tesla's discontent with regulatory actions, advocates emphasize the necessity of independent safety measures.
【BYD】
BYD is set to release its next-gen Blade battery next year, aiming for a 15% cost reduction. This positions BYD to compete strongly in the EV battery market, potentially closing the gap with market leader CATL.
【Others】
Lucid plans to enter the EV market with new models, including a mid-size SUV targeting Tesla's market segment. Lucid is also seeking partnerships to supply its technology to traditional automakers, following the success of its deal with Aston Martin.
Mazda's EZ-6 EV, launched in China, has seen strong sales, featuring options for EV and extended-range variants, with impressive range and charging features.
Hyundai's updated IONIQ 5, with a Tesla-compatible charging port, showcases new features and improved range, alongside plans for a 2025 release of the IONIQ 9 SUV.
EVgo secures a $1.25 billion DOE loan to expand its fast-charging network, significantly increasing its infrastructure and supporting the growing EV market.
Nikola faces production halts amid financial struggles, affecting its hydrogen-powered semi trucks, with ongoing issues and a lack of clear communication from the company.
Researchers at Oak Ridge National Laboratory have developed a method to convert coal into graphite for EV batteries, potentially reducing reliance on Chinese graphite and utilizing coal waste, though concerns about the environmental impact of coal persist.
The Trump transition team is pushing to eliminate a Tesla-specific crash reporting requirement, potentially impacting NHTSA's ability to monitor automated-driving systems. Tesla, which constitutes most reported crashes, argues against the mandate, though it's vital for safety oversight. Musk's involvement with Trump's team raises questions of influence. Despite Tesla's discontent with regulatory actions, advocates emphasize the necessity of independent safety measures.
【BYD】
BYD is set to release its next-gen Blade battery next year, aiming for a 15% cost reduction. This positions BYD to compete strongly in the EV battery market, potentially closing the gap with market leader CATL.
【Others】
Lucid plans to enter the EV market with new models, including a mid-size SUV targeting Tesla's market segment. Lucid is also seeking partnerships to supply its technology to traditional automakers, following the success of its deal with Aston Martin.
Mazda's EZ-6 EV, launched in China, has seen strong sales, featuring options for EV and extended-range variants, with impressive range and charging features.
Hyundai's updated IONIQ 5, with a Tesla-compatible charging port, showcases new features and improved range, alongside plans for a 2025 release of the IONIQ 9 SUV.
EVgo secures a $1.25 billion DOE loan to expand its fast-charging network, significantly increasing its infrastructure and supporting the growing EV market.
Nikola faces production halts amid financial struggles, affecting its hydrogen-powered semi trucks, with ongoing issues and a lack of clear communication from the company.
Researchers at Oak Ridge National Laboratory have developed a method to convert coal into graphite for EV batteries, potentially reducing reliance on Chinese graphite and utilizing coal waste, though concerns about the environmental impact of coal persist.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
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