EV Daily | Tesla Eyes Growth, BYD Hits Milestones, and XPeng Launches New Model
Generated by AI AgentAinvest Market Brief
Thursday, Sep 26, 2024 8:00 am ET1min read
TSLA--
【Tesla】
Tesla is expected to report Q3 2024 production and delivery results, with analysts predicting around 462,000 deliveries. This marks a return to growth after two quarters of declines. Tesla is also working on expanding Gigafactory Berlin amidst local opposition, aiming to support future production, potentially including the Tesla Semi for Europe. Additionally, Tesla is preparing to unveil its Robotaxi, emphasizing autonomy. The company is shifting its solar strategy towards certified installers, focusing on selling products like the Powerwall.
【BYD】
BYD achieved its nine millionth NEV milestone, with one million built in the last three months. The automaker is rapidly expanding globally, launching models like the Dolphin, Seal, and Atto 3 in Kenya, and preparing a second 7,000-car carrier for international markets. BYD's expansion includes plans for local production in multiple countries. It continues to lead in NEV production, with significant sales growth and new models like the Yangwang U9.
【Xpeng】
XPeng launched a new variant of its X9 MPV, the 610 Max, featuring advanced driver-assist technology with dual LiDAR and enhanced computing power. The model offers a 610 km range and is priced at RMB 379,800.
【Others】
Ford is advocating for customer education on the benefits of EVs, despite delays in some projects. The F-150 Lightning showcases capabilities like home charging and vehicle-to-home functionality. Ford's EV sales have grown, but profits remain a challenge. Porsche's 2025 Macan Electric offers a 308-mile range, featuring fast charging capabilities. It comes with a year of free 30-minute Electrify America charging sessions. Kia will release a new EV9 GT variant in 2025, featuring enhanced power and interior upgrades. The EV9 has achieved strong sales since its launch. Leapmotor is preparing to debut its new B10 SUV, built on the B Platform, at the Paris Auto Show. This marks a joint venture with Stellantis to expand globally. Hyundai launched its first Chassis Cab electric work truck in Korea, priced at $42,000, offering a 203-mile range and fast charging. UrbanLink signed an agreement to acquire 27 electric seagliders from REGENT Craft to expand zero-emission travel in South Florida. Volvo maintains its stance against low-cost EV competition in China, focusing on premium models like the EX30 and EX90. Cyclic Materials secured $53 million to enhance the recycling of rare earth elements, supporting sustainable supply chains for EV components.
Tesla is expected to report Q3 2024 production and delivery results, with analysts predicting around 462,000 deliveries. This marks a return to growth after two quarters of declines. Tesla is also working on expanding Gigafactory Berlin amidst local opposition, aiming to support future production, potentially including the Tesla Semi for Europe. Additionally, Tesla is preparing to unveil its Robotaxi, emphasizing autonomy. The company is shifting its solar strategy towards certified installers, focusing on selling products like the Powerwall.
【BYD】
BYD achieved its nine millionth NEV milestone, with one million built in the last three months. The automaker is rapidly expanding globally, launching models like the Dolphin, Seal, and Atto 3 in Kenya, and preparing a second 7,000-car carrier for international markets. BYD's expansion includes plans for local production in multiple countries. It continues to lead in NEV production, with significant sales growth and new models like the Yangwang U9.
【Xpeng】
XPeng launched a new variant of its X9 MPV, the 610 Max, featuring advanced driver-assist technology with dual LiDAR and enhanced computing power. The model offers a 610 km range and is priced at RMB 379,800.
【Others】
Ford is advocating for customer education on the benefits of EVs, despite delays in some projects. The F-150 Lightning showcases capabilities like home charging and vehicle-to-home functionality. Ford's EV sales have grown, but profits remain a challenge. Porsche's 2025 Macan Electric offers a 308-mile range, featuring fast charging capabilities. It comes with a year of free 30-minute Electrify America charging sessions. Kia will release a new EV9 GT variant in 2025, featuring enhanced power and interior upgrades. The EV9 has achieved strong sales since its launch. Leapmotor is preparing to debut its new B10 SUV, built on the B Platform, at the Paris Auto Show. This marks a joint venture with Stellantis to expand globally. Hyundai launched its first Chassis Cab electric work truck in Korea, priced at $42,000, offering a 203-mile range and fast charging. UrbanLink signed an agreement to acquire 27 electric seagliders from REGENT Craft to expand zero-emission travel in South Florida. Volvo maintains its stance against low-cost EV competition in China, focusing on premium models like the EX30 and EX90. Cyclic Materials secured $53 million to enhance the recycling of rare earth elements, supporting sustainable supply chains for EV components.
Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.
Latest Articles
Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue

Comments
No comments yet