EV Daily | Tesla's FSD Crash Raises Concerns; BYD Expands in Europe; GM Surges, Ford Tops Pickup Sales

Market BriefSaturday, May 24, 2025 8:00 am ET
1min read
【Tesla】

A Tesla vehicle on Full Self-Driving (FSD) Supervised mode veered off the road, causing a crash in Alabama. The crash highlighted the need for constant driver attention, as FSD is not fully autonomous and requires supervision. Although Tesla holds drivers responsible during accidents with FSD activated, incidents like this raise concerns about potential complacency when using FSD. Tesla's brand reputation has suffered, dropping significantly in rankings due to perceived negative influence from CEO Elon Musk. Despite past successes, Tesla's recent brand damage is attributed to Musk's controversial behavior and business decisions. This decline has led to Tesla ranking among the lowest US brands.

【BYD】

BYD's best-selling EV, the Dolphin Surf, debuts in Europe with prices starting at $26,000. The new BYD Seal 06, a compact electric SUV expected to launch in late 2025, will be available in battery electric and plug-in hybrid versions, featuring a 65.28 kWh battery providing a range of up to 323 miles. The Seal 06 is similar in size to the Tesla Model Y and expected to start at approximately $22,000. BYD continues to achieve strong sales figures in China, contrasting with Tesla's lower registrations.

【Others】

General Motors sold over 30,000 EVs in Q1, becoming the second-best seller behind Tesla, with models like the Equinox and Blazer EV driving growth. Hyundai's 2025 IONIQ 5, featuring an extended range and Tesla NACS charging port, and the IONIQ 6, are arriving with discounts. Honda's electric SUV remains a top seller with nearly 11,500 units sold. Ford's F-150 Lightning overtook the Tesla Cybertruck as America's best-selling electric pickup, and the Mach-E remains a top-selling EV. Volkswagen's ID.2 EV, part of its entry-level lineup, is set to launch with a price under $27,000, offering a WLTP range of up to 280 miles. The new ID.2 is built on the MEB+ platform with LFP batteries. Circle K opened its first EV charging-only site in Europe, featuring ultra-fast chargers and convenience facilities. Several EV lease deals are available, like the Honda Prologue and Chevy Equinox EV, offering affordable leasing options under $300 monthly.

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