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EV Daily | Tesla Cybertruck Hits Canada Amid Demand, Safety Concerns; BYD Surpasses Tesla Revenue

AInvestTuesday, Nov 5, 2024 7:00 am ET
1min read
【Tesla】

Tesla has started delivering the Cybertruck in Canada, following the exhaustion of its US backlog. The electric pickup truck, initially released in the US a year ago, has delivered around 40,000 units. Canadian deliveries are currently limited to the Foundation Series, starting at $138,000 CAD. However, Tesla's configurator suggests potential for quicker deliveries. Despite initial high reservation numbers, actual demand for the Cybertruck remains lower than expected. Additionally, Tesla's summon feature update has resulted in issues for some owners, leaving a car immobile. This highlights the challenges associated with software updates and autonomous features. Two Cybertrucks were recently involved in crashes in Mexico, raising questions about safety and the lack of independent crash testing.

Tesla Roadster owners can now opt for a new battery pack that significantly reduces weight, enhancing performance while maintaining range. This upgrade replaces the original battery with a lighter pack, but comes at a hefty price.



【BYD】

BYD has seen significant growth, with record sales and profits in recent months. The company sold over 500,000 vehicles in October, including PHEVs and EVs, and has surpassed Tesla in quarterly revenue. BYD's expansion includes a hiring spree and production ramp-up to meet demand. The company is also exploring overseas markets with new manufacturing plants and diverse vehicle offerings. Despite BYD's success, its Atto 3 model received criticism from EuroNCAP for its driver assistance system, highlighting challenges in adapting to European safety standards.
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