EV Daily | Tesla's Robotaxi Launch Amid Financial Struggles; BYD's Affordable EVs & Lucid's Gravity SUV Shine

Generated by AI AgentAinvest Market Brief
Saturday, Jul 26, 2025 8:00 am ET1min read
Aime RobotAime Summary

- Tesla plans Bay Area Robotaxi launch with human drivers, despite unproven Level 4 autonomy and 23% Q2 2025 revenue drop.

- BYD targets mass market with $12,000 Atto 1 EV and unveils Yangwang electric supercars for European expansion in 2026.

- Lucid's Gravity SUV achieves 450-mile range and drag-racing competitiveness, priced from $94,900 in the US.

- Hyundai boosts EV market share via £3,750 discounts on models like IONIQ 5, driving H1 2025 sales growth in Europe.

【Tesla】

is planning to launch its 'Robotaxi' service in the Bay Area, despite not being ready for level 4 autonomous driving. The program will involve a driver in the seat, akin to an service using Tesla's FSD, pending regulatory approval. Tesla's Q2 2025 earnings are down 23%, with sales dropping 58% in the first half of 2025 compared to the previous year. Despite financial challenges, the Tesla Model Y was the most registered EV in Europe in H1 2025. The Model X Plaid's performance is yet to be tested against super SUVs like Lamborghini Urus and Porsche Cayenne Turbo GT. owners can access Tesla's Supercharger network.

【BYD】

BYD is introducing the Atto 1, a $12,000 EV targeted at mass-market consumers. While European luxury brands delay EV launches, BYD is advancing with new electric supercars via its Yangwang brand, set to launch in Europe next year. In China, BYD's Yangwang brand sold several models including U8, U9, and U7 in June.

【Others】

Lucid's new Gravity SUV boasts impressive performance, outsprinting sports cars like the Corvette Z06. It offers a 450-mile range and ultra-fast charging. Lucid Gravity Grand Touring and Dream Edition models showcase high horsepower and rapid acceleration. The Gravity's quarter-mile performance is noteworthy, with Car and Driver tests highlighting its speed. Lucid's Gravity competes with other high-performance SUVs in drag races, showing competitive results. The SUV is available for order, with pricing starting at $94,900 in the US. Hyundai is offering substantial discounts on its electric vehicles in the UK and globally. The Hyundai Electric Grant program provides up to £3,750 off popular models like the Inster EV, IONIQ 5, and IONIQ 9. Hyundai's EV lineup now includes entry-level to flagship models, with aggressive sales promotions and 0% interest deals. The Inster EV achieved strong sales in Europe, contributing to Hyundai's market share growth in H1 2025.

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