EV Daily | Tesla Recalls Cybertruck; BYD Launches Seal 06 GT; Hyundai IONIQ 5 Enhancements
Generated by AI AgentAinvest Market Brief
Friday, Oct 4, 2024 8:00 am ET1min read
TSLA--
【Tesla】
Tesla is recalling the Cybertruck due to a rear-view camera issue, affecting 27,185 vehicles, with an over-the-air software update as a fix. Recent figures suggest Tesla has delivered about 30,000 Cybertrucks. The non-Foundation series Cybertruck is now available for configuration, with deliveries expected by late 2024. Pricing and tax credit issues remain unclear, and Tesla has removed the single-motor option from its website. Additionally, Tesla plans to raise $800 million through a debt sale backed by auto leases.
【BYD】
BYD is launching the Seal 06 GT, an electric hot hatch in China, on October 18, 2024. It offers three powertrains, with the top model providing 415 hp and a range of up to 375 miles. The vehicle includes advanced tech and a sleek design, expanding BYD's presence in the performance segment.
【Others】
Hyundai has updated the 2025 IONIQ 5 with more range and a Tesla NACS charging port, marking a significant production milestone in Georgia. Toyota has delayed its electric SUV production in the US due to slowing EV sales, with future plans for EV and hybrid models. Volkswagen-backed 24M Technologies showcases its Impervio separator technology to reduce EV battery fire risks with promising test results. Joby Aviation, supported by Toyota, secured $500 million for eVTOL air taxi production, aiming for flight certification soon. Nissan’s LEAF sales surged 187% in Q3, despite competition from new models. The new LEAF, expected next year, will be more of a crossover coupe SUV. Illinois utility ComEd launched a $90 million EV rebate program to encourage fleet electrification, offering significant fleet purchase incentives. Lucid Motors offers significant lease discounts on its 2024 Air models, making its luxury EVs more accessible. Beam Global introduced the BeamBike, a solar-powered off-grid charging platform for e-bikes, promoting sustainable transportation solutions. EVgo received a conditional $1.05 billion DOE loan to expand its DC fast charger network, enhancing EV accessibility across the US.
Tesla is recalling the Cybertruck due to a rear-view camera issue, affecting 27,185 vehicles, with an over-the-air software update as a fix. Recent figures suggest Tesla has delivered about 30,000 Cybertrucks. The non-Foundation series Cybertruck is now available for configuration, with deliveries expected by late 2024. Pricing and tax credit issues remain unclear, and Tesla has removed the single-motor option from its website. Additionally, Tesla plans to raise $800 million through a debt sale backed by auto leases.
【BYD】
BYD is launching the Seal 06 GT, an electric hot hatch in China, on October 18, 2024. It offers three powertrains, with the top model providing 415 hp and a range of up to 375 miles. The vehicle includes advanced tech and a sleek design, expanding BYD's presence in the performance segment.
【Others】
Hyundai has updated the 2025 IONIQ 5 with more range and a Tesla NACS charging port, marking a significant production milestone in Georgia. Toyota has delayed its electric SUV production in the US due to slowing EV sales, with future plans for EV and hybrid models. Volkswagen-backed 24M Technologies showcases its Impervio separator technology to reduce EV battery fire risks with promising test results. Joby Aviation, supported by Toyota, secured $500 million for eVTOL air taxi production, aiming for flight certification soon. Nissan’s LEAF sales surged 187% in Q3, despite competition from new models. The new LEAF, expected next year, will be more of a crossover coupe SUV. Illinois utility ComEd launched a $90 million EV rebate program to encourage fleet electrification, offering significant fleet purchase incentives. Lucid Motors offers significant lease discounts on its 2024 Air models, making its luxury EVs more accessible. Beam Global introduced the BeamBike, a solar-powered off-grid charging platform for e-bikes, promoting sustainable transportation solutions. EVgo received a conditional $1.05 billion DOE loan to expand its DC fast charger network, enhancing EV accessibility across the US.
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