EV Daily| Tesla Rolls Out Largest FSD Update Amid Challenges; BYD Launches New Luxury Sedan

Tesla

Tesla starts rolling out a new Supervised Full Self-Driving (FSD) software update after delays, emphasizing the importance of consistent improvements towards an unsupervised system.

Despite the significant improvements in FSD v12, ongoing updates have not reached the wider fleet, indicating potential issues in the rollout process.

Tesla has finally begun releasing the FSD v12.4.3 update to about 1-5% of eligible vehicles, marking the largest wave so far.

Tesla insiders reveal that the neural nets are optimized for routes taken by Musk and influencers, creating an unrepresentative experience for average drivers.

The latest FSD update claims to reduce intervention needs for up to a year, although there are concerns Musk might not be fully aware of the ongoing issues.

A rare Tesla Roadster prototype is up for sale, alongside news of Tesla's Model Y being approved for purchase by Chinese state-owned companies.

Several Chinese state-owned enterprises have already purchased Tesla Model Ys, following official government approval.

Musk has hyped up FSD v12.4 and v12.5 updates, but many improvements have not reached the fleet; users still experience multiple interventions per drive.

BYD

BYD's new luxury electric sedan, the Yangwang U7, aims to challenge Tesla and Porsche in the high-end EV market.

Volkswagen is struggling in China due to competition from domestic EV makers like BYD, which are launching longer-range, lower-priced models.

BYD's new 2025 Dolphin EV offers increased range while maintaining a starting price under $13,700.

Despite its reputation for low-cost EVs, BYD is expanding into luxury vehicles, pickups, mid-size SUVs, and supercars.

Others

Ford introduced its all-electric Capri EV, featuring up to 390 miles of range and sports car-like performance, built on Volkswagen's MEB platform.

Michigan passed a law allowing homeowners to install energy-efficient improvements like EV chargers, solar panels, and heat pumps without HOA restrictions.

Carvana launched a feature allowing customers to receive up to $4,000 in savings on used EVs through the federal Clean Vehicle Tax Credit at the point of sale.

Kia's new low-cost EV3 is expected to boost market share in Europe, following high reservation numbers in Korea and a starting price around $30,700.

BMW outpaced rivals like Porsche and Mercedes in Q2 2024, with EV sales up 22%, driven by models like the i4 and upcoming Neue Klasse EVs.

XPeng confirmed its new model P7+ will feature pure vision cameras, aiming to advance intelligent driving with a launch expected in Q4 2024.

ZEEKR revealed its new SUV, the 7X, which will be larger than the ZEEKR X and is expected to launch globally later this year.

Mackinac Island, Michigan, introduced a new speed limit for electric bicycles, reducing the maximum speed to 15 mph, with stricter limits in business districts.

Volkswagen may close its Audi assembly plant in Brussels due to falling EV sales, particularly affecting the Q8 e-tron models.