EV Daily | Tesla Eyes Model Y Relaunch in Europe & Genesis Tests High-Performance GV60 Magma

Generated by AI AgentAinvest Market Brief
Thursday, Aug 28, 2025 8:01 am ET1min read
Aime RobotAime Summary

- Tesla relaunches Model Y Performance in Europe, testing self-driving tech in Las Vegas tunnels, aiming for US Robotaxi coverage by year-end.

- Genesis tests high-performance GV60 Magma at Nürburgring, entering the EV performance segment with enhanced power and sporty design.

- Hyundai's IONIQ 9 sees strong sales; Porsche shifts to EV battery R&D amid slow market growth, while Kia commits to all-electric lineup.

- Volkswagen introduces hybrid T-Roc; Lightning Shared Scooter Company exposed as a scam with false investment promises in Asia.

【Tesla】

is preparing to launch a new product in Europe and the Middle East, likely the Model Y Performance, which was discontinued after a Model Y refresh earlier this year. Production might have started at Gigafactory Berlin. The Model Y Performance version is less popular and may represent less than 10% of Model Y deliveries.

Tesla is testing self-driving features in The Boring Company's tunnels in Las Vegas, but full autonomy is still distant. Tesla aims for its Robotaxi service to cover half of the US by year-end, but its current fleet is small and supervised. Tesla's self-driving technology has not yet achieved full autonomy, unlike competitors like Waymo.



【BYD】

No content provided.

【NIO】

No content provided.

【Li Auto】

No content provided.

【Xpeng】

No content provided.

【Others】

Genesis has been testing its GV60 Magma, a high-performance electric vehicle, at the Nürburgring. It features enhanced power and a sporty design, marking the brand's entry into high-performance EVs.

Hyundai's IONIQ 9 electric SUV is off to a strong start, with sales exceeding expectations. The IONIQ 5 also continues to perform well, benefiting from federal tax credits and competitive leasing offers.

Porsche has dropped plans to produce its own EV batteries, focusing on R&D instead, due to slow EV market growth. It will continue offering a mix of ICE, hybrid, and electric options. Opel has also scaled back its all-electric future, opting for a multi-energy strategy based on regional demand.

Kia warns against reversing EV policies, highlighting its commitment to an all-electric lineup with models like the EV4 and EV5. The brand has invested significantly in European EV production.

Volkswagen has introduced the hybrid version of its best-selling T-Roc SUV, featuring a revamped design, improved interior, and new hybrid powertrain. Pre-orders for the T-Roc are now open in Germany.

Lightning Shared Scooter Company was found to be a scam, luring investors with false promises of high returns from leasing scooters in Asia. Regulators have issued warnings about the fraudulent scheme.

The Anthbot Genie 3000 is a GPS and AI-powered lawn mower that operates without perimeter wires, offering quiet and efficient mowing with a focus on user-friendly features.

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