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EV Daily | Tesla Resumes Safety Report, Launches Model 3 Performance; BYD Dominates Thai Market

AInvestThursday, Aug 8, 2024 4:00 am ET
1min read
【Tesla】

Tesla has resumed its Vehicle Safety Report, showing a slight improvement in miles between Autopilot crashes, not including Full Self-Driving (FSD) data. FSD disengagement data remains crowdsourced.

Tesla's new Model 3 Performance, launched in April, features a 0 to 60 mph time of 2.9 seconds, body upgrades, and the latest Track Mode. It outperformed Hyundai's IONIQ 5 N in most drag race attempts.

Rumors of a Tesla Model Y refresh for 2024 were addressed by Tesla, denying plans for a refresh this year.

Tesla's Q2 2024 safety report indicates one crash every 6.88 million miles with Autopilot, decreasing miles between crashes quarter-over-quarter.

A young artist rendered a potential Model Y refresh based on recent leaks, featuring design changes similar to the Model 3 refresh.

Reports highlight ongoing issues with Tesla air filters, which get clogged and cause bad odors. Tesla recommends DIY replacements, though some owners find it daunting.

【BYD】

BYD leads Thailand's EV market, capturing a 46% share in Q1 2024 and is the nation's third-largest passenger car brand. BYD opened its first EV plant in Thailand, aiming to produce 150,000 vehicles annually. Their models, Atto 3s and Dolphin, are becoming prevalent on Thai roads. Hyundai also entered the market with plans for a $28 million EV plant.

【Others】

Lucid Motors has showcased its efficiency edge over Tesla and other EVs, with its Air sedan achieving superior miles per kWh. The company is on track to meet its 2024 production target and recently introduced the gravity SUV.

Hyundai's IONIQ 5 N, featuring enhanced performance specs, competes closely with Tesla's new Model 3 Performance in drag races.

Rad Power Bikes introduced the RadKick, its first belt-driven low-cost e-bike, aimed at entry-level riders. It's available in single-speed and 7-speed versions, featuring a 500W motor and a 360Wh battery.

Rivian's Q2 2024 report shows widened losses per vehicle, though the company expects profitability by year's end. The introduction of next-gen R1 models and planned R2 production are key to their cost-cutting strategy.

Chevy reduced the lease price for the 2024 Silverado EV, yet it remains higher than more competitive models like the GMC HUMMER EV.

Dodge announced pricing for the 2024 Charger Daytona EV, starting from $59,595, with higher-performance Scat Pack models available. The EVs qualify for the full $7,500 tax credit when leased.

Volkswagen introduced the ID.3 GTX Performance, its sportiest EV to date, featuring new powertrain upgrades and design elements.

Ford partnered with N+ to create the Bronco E-Bike and Mustang E-Bike, leveraging the legacy of their car models into the e-bike market. The Bronco features a 750W motor and a 720Wh battery, while the Mustang offers a more traditional saddle.
Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.