EV Daily | Tesla Cybertruck Faces Legal Hurdles in UK; BYD Expands Global Reach with New Mega Carrier
Generated by AI AgentAinvest Market Brief
Saturday, Jan 18, 2025 7:00 am ET1min read
TSLA--
WLTG--
【Tesla】
The Tesla Model 3 underperformed in recent range tests, displaying a disappointing deviation from its WLTP rating, despite previous successes. Tesla's EV delivery figures marginally surpassed BYD's in 2024, highlighting ongoing competition in the EV market. The Tesla Cybertruck, designed primarily for North America, is not road-legal in the UK, causing a seizure by police due to safety concerns. This model faces similar challenges in other regions.
【BYD】
BYD showcased its growing global presence with the launch of its new ro-ro ship, BYD Shenzen, the world's largest car carrier capable of transporting up to 9,200 vehicles. BYD sold 4.25 million new energy vehicles last year, outpacing several global automakers. The company is rapidly expanding in international markets, including Japan and South Korea, where it challenges local automakers. The BYD Shenzen's environmentally friendly features highlight its commitment to expansion and sustainability.
【Others】
Rivian's stock rose after Volkswagen hinted at expanding their new EV partnership, which includes developing a software-defined vehicle architecture. Rivian's second plant in Georgia will produce midsize electric models.
The US DOE announced $1.2 billion in financing to replace Puerto Rico's fossil fuel plants with solar and battery storage, supporting projects with significant energy capacity.
Chevy introduced new deals on Equinox and Blazer EVs, offering significant savings with 0% interest and trade-in bonuses. Ram canceled the long-range variant of its 1500 REV electric pickup.
Lectric is running a flash sale on XP Lite 2.0 e-bikes with substantial savings on bundle packages. Charge Cars, a UK EV startup, is under new ownership, aiming to expedite the development of its '67 electric muscle car, a bespoke EV based on a classic Ford Mustang.
The Tesla Model 3 underperformed in recent range tests, displaying a disappointing deviation from its WLTP rating, despite previous successes. Tesla's EV delivery figures marginally surpassed BYD's in 2024, highlighting ongoing competition in the EV market. The Tesla Cybertruck, designed primarily for North America, is not road-legal in the UK, causing a seizure by police due to safety concerns. This model faces similar challenges in other regions.
【BYD】
BYD showcased its growing global presence with the launch of its new ro-ro ship, BYD Shenzen, the world's largest car carrier capable of transporting up to 9,200 vehicles. BYD sold 4.25 million new energy vehicles last year, outpacing several global automakers. The company is rapidly expanding in international markets, including Japan and South Korea, where it challenges local automakers. The BYD Shenzen's environmentally friendly features highlight its commitment to expansion and sustainability.
【Others】
Rivian's stock rose after Volkswagen hinted at expanding their new EV partnership, which includes developing a software-defined vehicle architecture. Rivian's second plant in Georgia will produce midsize electric models.
The US DOE announced $1.2 billion in financing to replace Puerto Rico's fossil fuel plants with solar and battery storage, supporting projects with significant energy capacity.
Chevy introduced new deals on Equinox and Blazer EVs, offering significant savings with 0% interest and trade-in bonuses. Ram canceled the long-range variant of its 1500 REV electric pickup.
Lectric is running a flash sale on XP Lite 2.0 e-bikes with substantial savings on bundle packages. Charge Cars, a UK EV startup, is under new ownership, aiming to expedite the development of its '67 electric muscle car, a bespoke EV based on a classic Ford Mustang.

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