EV Daily | Tesla Cybertruck Faces Sales Hurdles; Toyota's bZ3X Gains Traction in China's EV Market

【Tesla】

Tesla's Cybertruck faces challenges with sales despite having over 1 million reservations. Production costs and a shorter range have impacted sales, leading Tesla to offer discounted financing and incentives such as free Supercharging for life. Despite these efforts, Tesla struggles to meet its ambitious sales goals, with estimates suggesting only around 40,000 units delivered in 2024. The introduction of a cheaper single motor variant aims to boost sales but might not significantly increase production volume.

【BYD】

Toyota launched its bZ3X electric SUV in China, priced to compete with BYD's offerings. This affordable model saw a surge in orders, with over 10,000 recorded in an hour, showcasing its popularity in the competitive Chinese EV market.

【Others】

Honda launched its S7 electric SUV in China, aiming to establish a strong presence in the EV market. The S7 offers over 400 miles of range and various tech features, competing with models like the Tesla Model Y.

Kia's EV9 now supports Vehicle-to-Home technology through the Wallbox Quasar 2 charger, enabling the SUV to power homes during outages.

Toyota's bZ3X electric SUV debut in China garnered significant interest with its affordable pricing and advanced features.

TELO showcased a pre-production version of its compact electric truck, designed for utility and efficiency within a small footprint, aiming for a late-year release.

Genesis unveiled a redesigned GV60 with improved range and features, signaling its entry into more global markets.