EV Daily | Tesla Launches Virtual Queue; BYD & CATL Race for Solid-State Battery Dominance
Generated by AI AgentAinvest Market Brief
Friday, Feb 21, 2025 7:01 am ET1min read
RIVN--
TSLA--
【Tesla】
Tesla stores across the US are experiencing vandalism incidents, with federal law enforcement like the FBI getting involved. These actions are possibly tied to protest against Elon Musk, suggesting a bigger issue with Tesla's brand image linked to Musk's public persona. Simultaneously, Tesla announced the launch of a long-awaited virtual queue system for Superchargers to address congestion issues, with trials starting at select sites in the next quarter.
【BYD】
Chinese EV battery leaders BYD and CATL are in a competitive race to launch solid-state batteries, aiming to revolutionize battery technology in the electric vehicle industry.
【Others】
Rivian achieved its first positive gross profit in Q4 2024, thanks to cost-cutting and plant upgrades. The company produced and delivered over 51,000 vehicles in 2024, outperforming expectations. Rivian also closed a joint venture with Volkswagen, expecting to leverage a $5.8 billion deal for future growth. The company is set to start production of its R2 electric SUV next year. Mercedes-Benz is testing EVs with solid-state batteries, aiming to enhance range and efficiency significantly. Working with Factorial Energy, Mercedes plans to use these batteries in upcoming models, with production expected by the decade's end. Volvo is preparing to debut its ES90, touted as one of the most advanced cars with dual NVIDIA computers. The ES90, part of Volvo's EV lineup, is set to launch in March, featuring driver assistance and safety technologies. Kia has unveiled its new electric van, the PV5, which is expected to compete with models like the Volkswagen ID.Buzz. The PV5 showcases a futuristic design and will be detailed further during Kia's upcoming EV Day. Cowboy, the electric bicycle maker, is relocating its production to France to speed up delivery times and enhance quality. Partnering with ReCycles, Cowboy aims to bolster European e-bike innovation and address customer concerns about past delays.
Tesla stores across the US are experiencing vandalism incidents, with federal law enforcement like the FBI getting involved. These actions are possibly tied to protest against Elon Musk, suggesting a bigger issue with Tesla's brand image linked to Musk's public persona. Simultaneously, Tesla announced the launch of a long-awaited virtual queue system for Superchargers to address congestion issues, with trials starting at select sites in the next quarter.
【BYD】
Chinese EV battery leaders BYD and CATL are in a competitive race to launch solid-state batteries, aiming to revolutionize battery technology in the electric vehicle industry.
【Others】
Rivian achieved its first positive gross profit in Q4 2024, thanks to cost-cutting and plant upgrades. The company produced and delivered over 51,000 vehicles in 2024, outperforming expectations. Rivian also closed a joint venture with Volkswagen, expecting to leverage a $5.8 billion deal for future growth. The company is set to start production of its R2 electric SUV next year. Mercedes-Benz is testing EVs with solid-state batteries, aiming to enhance range and efficiency significantly. Working with Factorial Energy, Mercedes plans to use these batteries in upcoming models, with production expected by the decade's end. Volvo is preparing to debut its ES90, touted as one of the most advanced cars with dual NVIDIA computers. The ES90, part of Volvo's EV lineup, is set to launch in March, featuring driver assistance and safety technologies. Kia has unveiled its new electric van, the PV5, which is expected to compete with models like the Volkswagen ID.Buzz. The PV5 showcases a futuristic design and will be detailed further during Kia's upcoming EV Day. Cowboy, the electric bicycle maker, is relocating its production to France to speed up delivery times and enhance quality. Partnering with ReCycles, Cowboy aims to bolster European e-bike innovation and address customer concerns about past delays.
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