EV Daily | Tesla Faces Protests; BYD Plans Solid-State Batteries; BMW Promises Longer EV Range

Generated by AI AgentAinvest Market Brief
Tuesday, Feb 18, 2025 7:01 am ET1min read
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【Tesla】

Tesla faced protests across North America with demonstrators criticizing CEO Elon Musk and his political actions. There is growing internal dissatisfaction with Musk's leadership, with some employees suggesting that the company might benefit if he resigned. The Full Self-Driving (FSD) system's approval in China is also pending, reportedly being used as a bargaining chip in the US-China trade war.

【BYD】

BYD anticipates launching its first EVs with all-solid-state batteries in 2027, initially in a demonstration phase before scaling up around 2030. These batteries will first be used in higher-end models due to cost constraints. BYD continues its focus on LFP batteries for the next 15 to 20 years due to their supply and cost advantages.

【Others】

BMW's upcoming Neue Klasse EVs will feature a new control unit called the "Heart of Joy," promising 30% longer range and faster charging through integrated drivetrain and energy recuperation technologies. Hyundai and Kia’s EVs are expected to regain eligibility for the $7,500 federal tax credit following new manufacturing developments in the US, with plans for the IONIQ 5 and IONIQ 9. Genesis is preparing to launch the GV90, its first full-size electric SUV, which aims to rival ultra-luxury models with its sophisticated design. Production is set for early 2026. Kia is set to debut the EV4 sedan and hatchback models, offering a mass-market alternative with modern design and a range expected to exceed 300 miles. Bafang has expanded its operations to include full e-bike battery design and manufacturing, showcasing innovations like the GVT line that integrates gear variable transmissions with hub motors.

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