EV Daily | Tesla Faces Challenges in China; Audi, Ford, and Kia Boost EV Lineups with New Models

Generated by AI AgentAinvest Market Brief
Wednesday, Dec 4, 2024 7:00 am ET1min read
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【Tesla】

Tesla is experiencing a rise in sales in China due to incentives, aiming to deliver over 515,000 vehicles in Q4. Despite increased domestic sales, November's wholesale numbers are down, prompting additional discounts on the Model Y. Tesla's success in China is crucial to offset declining sales in Europe and meet its delivery goal.

Tesla was replaced by EVgo in Oklahoma's NEVI EV charger installation program due to unmet standards. Tesla's attempt to reinstate Elon Musk's $55 billion CEO pay package was struck down by a judge.



【Others】

Audi aims to electrify its lineup with the new PPE platform, starting with the Q6 e-tron and the A6 e-tron, offering impressive range and efficiency.

Ford's all-electric Puma Gen-E, launching in Europe, features a sporty design, up to 234 miles range, and fast charging capabilities.

DS is introducing the DS N°8, an all-electric SUV with a range of up to 466 miles. The new model emphasizes luxury and innovation.

Can-Am has released its first electric motorcycles, the Pulse and Origin, designed for urban commuters and trail riders, featuring a 100-mile range.

The US DOE plans to loan $7.54 billion to Stellantis and Samsung SDI to build two EV battery plants in Indiana, creating significant job growth and battery capacity.

Honda's Prologue electric SUV sales have exceeded 25,000 units in the US, powered by GM's Ultium platform with a range of up to 296 miles.

Kia is expanding its EV lineup with models like the EV6 and EV9, seeing record sales in the US, driven by incentives and robust demand.

Hyundai's IONIQ 5 set a new US sales record in November, contributing to Hyundai's best sales month ever in the US. The 2025 model features upgrades and an extended range.

Lectric eBikes is recognized for its philanthropy, donating a significant portion of profits and e-bikes to charities.

Solar Scooter's Eclipse 2.0 is a street-legal electric motorcycle with a peak speed of 60 mph, offering a lightweight, dual-sport option at an entry-level price.

Market Watch column provides a thorough analysis of stock market fluctuations and expert ratings.

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