EV Daily | Tesla's Autonomy Event Disappoints; BYD Expands with Luxury SUVs and Global Growth

【Tesla】

Tesla's recent autonomy event lacked substantial data on Full Self-Driving (FSD) progress, leaving many skeptical about Elon Musk's claims of delivering unsupervised self-driving. Despite billions of miles of FSD data, Tesla has yet to show a clear path to achieving significant improvements in disengagement rates. The event showcased the Cybercab and Robovan, yet offered little new information. Concerns persist about Tesla's rigorous self-driving testing practices and data transparency. Additionally, Tesla reintroduced the FSD transfer program, allowing owners to transfer FSD software to new vehicles, a move seen as an effort to boost sales. Critics argue Tesla should offer free transfers until the promised fully autonomous driving is realized. Tesla also unveiled the Optimus humanoid robot at the event, but doubts remain about its autonomy, as it appeared to rely on remote operation. Tesla's Robotaxi, priced at $30,000 and set to debut in the next few years, continues to face skepticism due to Musk's previous unmet timelines for autonomy.

【BYD】

BYD is set to launch the Denza N9, a full-size luxury electric SUV, later this year. The N9 will feature BYD's e-Platform 3.0 and offer both plug-in hybrid and all-electric powertrain options. The Denza Z9 GT, also based on this platform, targets the luxury market. BYD has emerged as China's largest auto group, surpassing SAIC, with a strong sales performance driven by popular models like the Seagull. The company is expanding its lineup, including luxury SUVs and electric supercars, and is focusing on overseas growth with new plants globally.

【Others】

Kia's EV5, a mid-size electric SUV, is entering the Australian market with competitive pricing against Tesla's Model Y. It offers two battery options and advanced infotainment features. Polestar is launching new electric SUVs, the Polestar 3 and 4, in the US, aiming to boost demand despite recent delivery declines. The Polestar 3 starts at $73,400 with a range of up to 315 miles, while the Polestar 4 starts at $56,300 with a range of up to 300 miles. Juiced Bikes, a pioneer in the North American e-bike market, faces financial distress, with all products listed as out of stock and assets headed for auction, indicating potential closure. Stellantis CEO Carlos Tavares will retire in 2026, prompting executive changes as the company continues its shift toward electric vehicles. Stellantis aims for its new leadership to further its EV goals despite recent challenges in North America.