EV Daily | Tesla's China Surge Boosts Stock; NIO Unveils Model Y Rival at $22K; Maxus Launches EU Pickup

【Tesla】

Tesla's stock sees a rise due to strong end-of-quarter delivery data in China, with 15,600 vehicles delivered last week. Despite a slight decrease from the previous week, Tesla has a strong September start with 31,800 registrations, primarily from Gigafactory Shanghai. Tesla delivered 86,697 vehicles in August and over 74,000 in July, aiming for over 230,000 deliveries in Q3 from China. However, Tesla faces challenges in Europe with decreased deliveries, down by more than 70,000 units. Strategies to boost US sales include new incentives and a referral program offering discounts. The Cybertruck ramp-up could add significant units to Q3 deliveries.

【NIO】

NIO launched the Onvo L60, a Tesla Model Y rival, with a starting price of under $22,000 for the battery subscription model. The SUV offers various battery options with ranges from 341 to 1,000 km. NIO has opened 100 stores in anticipation of the launch.

【Others】

Maxus introduces the eTerron 9, Europe's first AWD electric pickup, with a range of up to 267 miles and a 102 kWh battery. It can be charged rapidly and features bi-directional charging. Deliveries start in January 2025. Alef Aeronautics is advancing its electric flying car, Model A, with a mass manufacturing deal for aviation-grade parts. The car has a 200-mile driving range and a 110-mile flight range. The Genesis Electrified G80 gets an upgraded model with a facelift, more range, and luxury features. It was spotted in the US ahead of its launch, expected to start at $74,375. Aventura-X EV29 offers a classic scooter feel with modern electric capabilities, featuring a 2,900-watt motor and a 72V battery. The scooter provides a nostalgic ride without the traditional drawbacks of gasoline-powered scooters.