EV Daily | Tesla Cybertruck Delays and Range Cuts; BYD Expands in Europe; Hyundai's New IONIQ 5 XRT
Tuesday, Oct 22, 2024 8:00 am ET
1min read 【Tesla】
Tesla has delayed the production of the Cybertruck's range extender and reduced its range, now offering "445+ miles" instead of "470+ miles" for the dual motor. The tri-motor version, initially expected to have a 500+ mile range, now offers 320 miles starting at $100,000, with the range extender costing $16,000. Production is pushed to mid-2025. Tesla's sales hit all-time highs with 463,000 vehicle deliveries last quarter, aided by the Cybertruck, but 2024 deliveries are down compared to 2023. Despite adding the Cybertruck, Tesla faces growth challenges and price cuts affecting margins. Tesla's Robotaxi and Robovan lack official names, but new trademarks for 'Cybercab' and 'Cyberbus' are filed.
【BYD】
BYD is expanding in Europe, partnering with Forvia, and has launched the Sealion 7 electric SUV. They are investing $1 billion in a new Turkish plant to produce 150,000 vehicles annually. In Brazil, BYD launched the Shark PHEV pickup, aiming to challenge the market and expand global sales, with plans for an electric vehicle plant in Bahia.
【Others】
Hyundai unveiled the 2025 IONIQ 5 XRT with a Tesla NACS port, offering a range of 250 to over 280 miles. The Casper Electric, one of Korea's cheapest EVs, now has a new lease plan making it more affordable. Volkswagen's ID. Buzz combines retro design with modern EV tech, offering 234 miles of range. Mercedes-Benz opened a battery recycling plant in Germany. ZEEKR began production of its MIX EV, a new MPV. Changan Auto launched the E07, an electric SUV transforming into a pickup. The Ford Mustang Mach-E received updates, including a heat pump and connectivity package. Tadano's GR-1000XLL EVOLT, an electric crane, is now available in America.
Tesla has delayed the production of the Cybertruck's range extender and reduced its range, now offering "445+ miles" instead of "470+ miles" for the dual motor. The tri-motor version, initially expected to have a 500+ mile range, now offers 320 miles starting at $100,000, with the range extender costing $16,000. Production is pushed to mid-2025. Tesla's sales hit all-time highs with 463,000 vehicle deliveries last quarter, aided by the Cybertruck, but 2024 deliveries are down compared to 2023. Despite adding the Cybertruck, Tesla faces growth challenges and price cuts affecting margins. Tesla's Robotaxi and Robovan lack official names, but new trademarks for 'Cybercab' and 'Cyberbus' are filed.
【BYD】
BYD is expanding in Europe, partnering with Forvia, and has launched the Sealion 7 electric SUV. They are investing $1 billion in a new Turkish plant to produce 150,000 vehicles annually. In Brazil, BYD launched the Shark PHEV pickup, aiming to challenge the market and expand global sales, with plans for an electric vehicle plant in Bahia.
【Others】
Hyundai unveiled the 2025 IONIQ 5 XRT with a Tesla NACS port, offering a range of 250 to over 280 miles. The Casper Electric, one of Korea's cheapest EVs, now has a new lease plan making it more affordable. Volkswagen's ID. Buzz combines retro design with modern EV tech, offering 234 miles of range. Mercedes-Benz opened a battery recycling plant in Germany. ZEEKR began production of its MIX EV, a new MPV. Changan Auto launched the E07, an electric SUV transforming into a pickup. The Ford Mustang Mach-E received updates, including a heat pump and connectivity package. Tadano's GR-1000XLL EVOLT, an electric crane, is now available in America.
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