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EV Daily | Tesla Offers 0% Financing Amid Legal Woes; Rivian and Lucid Announce Major EV Developments
Generated by AI AgentAinvest Market Brief
Wednesday, Jul 9, 2025 8:01 am ET1min read
【Tesla】
is offering 0% financing on the Cybertruck for up to 60 months, provided customers purchase the Full Self Driving (FSD) software. Additionally, Tesla is experiencing legal issues for misleading FSD promises, resulting in a $10,000 refund to a customer. Despite a Model Y refresh, Tesla sales in China are declining. Elon Musk had a public spat with a Tesla stock analyst, adding to the company's challenges.
【Others】
reintroduced its quad-motor R1 platform with the new R1 Quad, boasting 1,000 horsepower and a novel "Kick Turn" feature. The Macan EV is now Porsche's best-selling model, showcasing a strong shift towards EVs. Kia's EV5, unveiled in Europe, features impressive specs and is considered a cornerstone of Kia’s growth strategy. Lucid Motors set a Guinness World Record with its Air Grand Touring, traveling 1,205 km on a single charge. Toyota's bZ3X electric SUV is a top-selling joint venture brand EV in China, offering advanced features and affordable pricing. Nissan is scaling back production of its new LEAF due to a shortage of rare earth minerals. Hyundai's new Elexio electric SUV, designed for the Chinese market, features advanced technology and a minimalist interior. Ford's new summer promo offers 0% interest, no down payment, and a free home charger for EV buyers. Kawasaki's new electric motorcycles, Ninja e-1 and Z e-1, face criticism for their small battery size.
is offering 0% financing on the Cybertruck for up to 60 months, provided customers purchase the Full Self Driving (FSD) software. Additionally, Tesla is experiencing legal issues for misleading FSD promises, resulting in a $10,000 refund to a customer. Despite a Model Y refresh, Tesla sales in China are declining. Elon Musk had a public spat with a Tesla stock analyst, adding to the company's challenges.
【Others】
reintroduced its quad-motor R1 platform with the new R1 Quad, boasting 1,000 horsepower and a novel "Kick Turn" feature. The Macan EV is now Porsche's best-selling model, showcasing a strong shift towards EVs. Kia's EV5, unveiled in Europe, features impressive specs and is considered a cornerstone of Kia’s growth strategy. Lucid Motors set a Guinness World Record with its Air Grand Touring, traveling 1,205 km on a single charge. Toyota's bZ3X electric SUV is a top-selling joint venture brand EV in China, offering advanced features and affordable pricing. Nissan is scaling back production of its new LEAF due to a shortage of rare earth minerals. Hyundai's new Elexio electric SUV, designed for the Chinese market, features advanced technology and a minimalist interior. Ford's new summer promo offers 0% interest, no down payment, and a free home charger for EV buyers. Kawasaki's new electric motorcycles, Ninja e-1 and Z e-1, face criticism for their small battery size.
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