EV Daily | Tesla's Self-Driving Launch Faces Scrutiny in China; Li Auto Debuts First All-Electric SUV
Generated by AI AgentAinvest Market Brief
Wednesday, Feb 26, 2025 7:01 am ET1min read
LI--
TSLA--
【Tesla】
TeslaTSLA-- has introduced a limited version of its Full Self-Driving (FSD) features in China, receiving mixed reviews. The update, version '2024.45.32.12,' includes a cabin camera to monitor driver attentiveness. Some Chinese owners express dissatisfaction as the system falls short of previous promises and lacks the capabilities of local competitors. The launch coincides with Tesla's stock decline, attributed to reduced revenue and market share, despite CEO Elon Musk's past warnings. In positive news, Tesla acquired parts of the bankrupt German firm Manz to bolster its automation capabilities, on boarding about 300 employees.
【Li Auto】
Li AutoLI-- unveiled its first all-electric SUV, the Li i8, marking a shift from its previous focus on extended-range electric vehicles. The i8 is positioned as a luxury SUV contender in China, where Li Auto is a top-selling new carmaker. This new model is expected to boost Li's market presence and support its growing SUV lineup.
【Others】
Lucid Motors delivered over 10,000 vehicles in 2024, surpassing previous years, and aims to produce 20,000 EVs in 2025. Its new electric SUV, the Gravity, is set to increase output. Lucid's stock rose after beating earnings estimates and improving guidance.
Chery's Exeed VX C-DM, a luxurious three-row SUV, is now available for pre-order, boasting impressive power and range at a competitive price. It offers advanced features and high-tech interior appointments, positioning it as a strong player in the SUV market.
Toyota revealed a teaser for its upcoming electric vehicle, expected to be a crossover coupe with a spacious interior. This model is anticipated to fit between the bZ4X and Urban Cruiser in Toyota's lineup, with a formal unveiling scheduled for March 2025.
Ram introduced the 2026 Ramcharger, their first range-extended electric vehicle, boasting significant range and towing capabilities. Despite focusing on this model, the fully electric Ram 1500 REV's launch has been postponed.
TeslaTSLA-- has introduced a limited version of its Full Self-Driving (FSD) features in China, receiving mixed reviews. The update, version '2024.45.32.12,' includes a cabin camera to monitor driver attentiveness. Some Chinese owners express dissatisfaction as the system falls short of previous promises and lacks the capabilities of local competitors. The launch coincides with Tesla's stock decline, attributed to reduced revenue and market share, despite CEO Elon Musk's past warnings. In positive news, Tesla acquired parts of the bankrupt German firm Manz to bolster its automation capabilities, on boarding about 300 employees.
【Li Auto】
Li AutoLI-- unveiled its first all-electric SUV, the Li i8, marking a shift from its previous focus on extended-range electric vehicles. The i8 is positioned as a luxury SUV contender in China, where Li Auto is a top-selling new carmaker. This new model is expected to boost Li's market presence and support its growing SUV lineup.
【Others】
Lucid Motors delivered over 10,000 vehicles in 2024, surpassing previous years, and aims to produce 20,000 EVs in 2025. Its new electric SUV, the Gravity, is set to increase output. Lucid's stock rose after beating earnings estimates and improving guidance.
Chery's Exeed VX C-DM, a luxurious three-row SUV, is now available for pre-order, boasting impressive power and range at a competitive price. It offers advanced features and high-tech interior appointments, positioning it as a strong player in the SUV market.
Toyota revealed a teaser for its upcoming electric vehicle, expected to be a crossover coupe with a spacious interior. This model is anticipated to fit between the bZ4X and Urban Cruiser in Toyota's lineup, with a formal unveiling scheduled for March 2025.
Ram introduced the 2026 Ramcharger, their first range-extended electric vehicle, boasting significant range and towing capabilities. Despite focusing on this model, the fully electric Ram 1500 REV's launch has been postponed.
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