EV Daily | Tesla Faces Challenges While BYD and Xpeng Expand; Cadillac and Chevy Diversify EV Lineups
Market BriefThursday, May 22, 2025 8:01 am ET
1min read【Tesla】
Tesla is experiencing a slowdown in sales, partly due to CEO Elon Musk's political comments, even though it remains the top-selling EV brand. Tesla's autonomous driving program is lagging behind Waymo, though its vehicles offer cost advantages. Tesla plans to launch level 4 autonomous rides in Austin, but skepticism remains about its ability to catch up to Waymo.
【BYD】
BYD's Dolphin Surf, a European version of its popular Seagull EV, is now available in Europe, starting at 23,000 euros. The hatchback offers a range of up to 315 miles and features advanced in-car technology, including a rotating touchscreen and voice control. BYD is expanding rapidly in Europe and is expected to increase sales significantly.
【Xpeng】
Xpeng Motors reported a 141.5% year-over-year increase in revenue for Q1 2025. The company is expanding globally, unveiling its new G7 SUV and reaching 100,000 builds of its MONA M03 sedan. It anticipates delivering between 102,000 and 108,000 EVs in Q2, with revenue growth expected to continue.
【Others】
Cadillac's lineup of luxury EVs, including Optiq, Vistiq, and Escalade IQ, is attracting new buyers, many of whom are former Tesla customers. Cadillac aims to be the top luxury EV brand. Chevy's 2026 Silverado EV Trail Boss offers rugged design and off-road capabilities with up to 725 horsepower, joining its Silverado EV lineup. Nissan unveiled the new Micra EV in Europe, offering over 250 miles of range with advanced tech and modern design. Dodge's 2026 Charger Daytona EV introduces a four-door model with high performance and advanced features. Fiat's Grande Panda 4×4 Manifesto concept continues the legacy of its iconic 80s model with an electrified rear axle for off-road performance. Xiaomi's new YU7 SUV, set to debut soon, features an innovative "HyperVision" display across the dashboard. Wisk Aero continues its partnership with NASA to develop autonomous aircraft standards, aiming to introduce zero-emission aircraft to the National Airspace System by the end of the decade. Fluence Energy is expanding its US supply chain for battery storage systems, aiming to build every major component domestically by 2025. Podbike, maker of the Frikar electric pedal-car, filed for bankruptcy due to high production costs and financial challenges.
Tesla is experiencing a slowdown in sales, partly due to CEO Elon Musk's political comments, even though it remains the top-selling EV brand. Tesla's autonomous driving program is lagging behind Waymo, though its vehicles offer cost advantages. Tesla plans to launch level 4 autonomous rides in Austin, but skepticism remains about its ability to catch up to Waymo.
【BYD】
BYD's Dolphin Surf, a European version of its popular Seagull EV, is now available in Europe, starting at 23,000 euros. The hatchback offers a range of up to 315 miles and features advanced in-car technology, including a rotating touchscreen and voice control. BYD is expanding rapidly in Europe and is expected to increase sales significantly.
【Xpeng】
Xpeng Motors reported a 141.5% year-over-year increase in revenue for Q1 2025. The company is expanding globally, unveiling its new G7 SUV and reaching 100,000 builds of its MONA M03 sedan. It anticipates delivering between 102,000 and 108,000 EVs in Q2, with revenue growth expected to continue.
【Others】
Cadillac's lineup of luxury EVs, including Optiq, Vistiq, and Escalade IQ, is attracting new buyers, many of whom are former Tesla customers. Cadillac aims to be the top luxury EV brand. Chevy's 2026 Silverado EV Trail Boss offers rugged design and off-road capabilities with up to 725 horsepower, joining its Silverado EV lineup. Nissan unveiled the new Micra EV in Europe, offering over 250 miles of range with advanced tech and modern design. Dodge's 2026 Charger Daytona EV introduces a four-door model with high performance and advanced features. Fiat's Grande Panda 4×4 Manifesto concept continues the legacy of its iconic 80s model with an electrified rear axle for off-road performance. Xiaomi's new YU7 SUV, set to debut soon, features an innovative "HyperVision" display across the dashboard. Wisk Aero continues its partnership with NASA to develop autonomous aircraft standards, aiming to introduce zero-emission aircraft to the National Airspace System by the end of the decade. Fluence Energy is expanding its US supply chain for battery storage systems, aiming to build every major component domestically by 2025. Podbike, maker of the Frikar electric pedal-car, filed for bankruptcy due to high production costs and financial challenges.
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