EV Daily | Tesla Hits Revenue Target, BYD Launches Affordable Atto 1, Rivian Expands Charging Network

【Tesla】

Tesla's Q2 2025 financial results reveal it met earnings expectations with $0.40 per share but exceeded revenue forecasts at $22.496 billion, despite a 23% year-over-year drop in earnings per share. The company lost $200 million cash this quarter, impacting its war chest now at $36.8 billion. Tesla's electric car sales growth has stagnated, while the Supercharger network is the sole area experiencing growth. The company has produced initial builds of new affordable electric car models, but delivery growth remains uncertain. Additionally, the Optimus humanoid robot faced setbacks during its launch.

【BYD】

BYD has introduced the Atto 1 in Indonesia, priced at approximately $12,000. The Atto 1 offers two trims powered by BYD Blade batteries, with ranges of 300 km for the standard model and 380 km for the premium model. The vehicle features a smart cockpit and is BYD’s most affordable EV in Indonesia, marking its entry into the ASEAN market.

【Others】

Rivian installed NACS connectors in Joshua Tree, allowing Tesla and other EVs to charge on its Adventure Network, which it plans to expand further. Hyundai's IONIQ 6 N sports car has limited production globally, boasting 641 horsepower and a range of 291 miles. Kia plans to develop seven new body types based on the PV5 van, including luxury and camper models, with deliveries beginning soon. Toyota is beginning local EV production in Indonesia and Thailand to counter competition from Chinese automakers. Lucid's MINAC alliance aims to strengthen the US EV supply chain, advancing domestic mineral production and procurement. LiveWire electric motorcycles are now part of rider training courses, simplifying skills acquisition by eliminating the need to learn clutch and shifting operations. BP Pulse has opened its largest US EV charging hub near LAX Airport, featuring 48 charging piles and amenities for EV users.