EV Daily | Tesla Tackles Cybertruck Battery Issues Amid Recalls; Rivian and Hyundai Make Strategic Moves
Generated by AI AgentAinvest Market Brief
Saturday, Dec 21, 2024 7:00 am ET1min read
RIVN--
TSLA--
【Tesla】
Tesla's Cybertruck faces issues with "cell denting" in its battery packs, prompting the automaker to inspect and replace affected packs at Gigafactory Texas. Production at the factory can now accommodate several thousand Cybertrucks weekly. Additionally, Tesla is modifying inventory trucks for different markets and dealing with overwhelmed service centers due to recalls and computer replacements. Moreover, Tesla issued a recall for nearly 700,000 vehicles, resolved through a simple over-the-air software update.
【Others】
Rivian has negotiated a confidential agreement with the UAW for its Normal, Illinois plant, contingent on reaching profitability, which aligns with securing a $6.6 billion loan for a new Georgia facility. Rivian's current production includes R1S and R1T models, with plans to expand with the R2 in 2026 and a partnership with Volkswagen.
Hyundai's IONIQ 9, a three-row electric SUV, offers a luxurious Calligraphy trim with advanced features and is set to launch in the US and Korea in 2025.
Subaru's 2025 Solterra electric SUV receives a price reduction, starting at under $39,000, with a new Touring Onyx Edition offering added features.
BMW M's first electric car, internally called "The Beast," has been in development since 2018, featuring high power and advanced control systems.
The world's highest-altitude solar plus storage project in Tibet, featuring a 150 MW capacity and bifacial PV modules, is operational, demonstrating renewable energy viability in extreme conditions.
The 2025 Nissan Ariya offers two battery sizes and multiple trims, with prices starting below $40,000. It includes advanced drive-assist features and compatibility with Tesla Superchargers.
Tesla's Cybertruck faces issues with "cell denting" in its battery packs, prompting the automaker to inspect and replace affected packs at Gigafactory Texas. Production at the factory can now accommodate several thousand Cybertrucks weekly. Additionally, Tesla is modifying inventory trucks for different markets and dealing with overwhelmed service centers due to recalls and computer replacements. Moreover, Tesla issued a recall for nearly 700,000 vehicles, resolved through a simple over-the-air software update.
【Others】
Rivian has negotiated a confidential agreement with the UAW for its Normal, Illinois plant, contingent on reaching profitability, which aligns with securing a $6.6 billion loan for a new Georgia facility. Rivian's current production includes R1S and R1T models, with plans to expand with the R2 in 2026 and a partnership with Volkswagen.
Hyundai's IONIQ 9, a three-row electric SUV, offers a luxurious Calligraphy trim with advanced features and is set to launch in the US and Korea in 2025.
Subaru's 2025 Solterra electric SUV receives a price reduction, starting at under $39,000, with a new Touring Onyx Edition offering added features.
BMW M's first electric car, internally called "The Beast," has been in development since 2018, featuring high power and advanced control systems.
The world's highest-altitude solar plus storage project in Tibet, featuring a 150 MW capacity and bifacial PV modules, is operational, demonstrating renewable energy viability in extreme conditions.
The 2025 Nissan Ariya offers two battery sizes and multiple trims, with prices starting below $40,000. It includes advanced drive-assist features and compatibility with Tesla Superchargers.
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