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EV Daily | Tesla Targets 20-30% Growth for 2025; BYD's Seagull Expands Globally; Polestar Joins Supercharger Network

Market BriefWednesday, Oct 30, 2024 8:00 am ET
1min read
【Tesla】

Tesla plans to grow vehicle deliveries by 20-30% in 2025, aiming for 2.2 to 2.4 million units, despite a flat 2024. Key drivers include Cybertruck production and two new vehicles. An updated Model Y and Full Self-Driving advancements could also influence growth. Tesla is expanding Gigafactory Texas to support Robotaxi production and new vehicle lines. Polestar EVs are integrating with the Tesla Supercharger network, offering more charging options. Tesla insiders are selling $300 million in stock.

【BYD】

BYD's Seagull, a small and affordable EV, is expanding to international markets, including Australia, priced below $10,000. The Seagull is popular in China for its economical pricing and tech features. BYD plans to expand its lineup in Australia with new models like the Shark PHEV.

【Others】

The 2025 Chevy Silverado EV offers new trims with extended range, lower prices, and various features. Orders are open, with deliveries expected soon. Kia unveiled its first pickup, the Tasman, with diesel and gas options. An all-electric version is in development for the US market.Polestar EV owners can now access Tesla’s Supercharger network using adapters.Lucid Motors is opening orders for its Gravity SUV, with initial pricing below $80,000. Lucid anticipates the Gravity will bolster future sales.Xiaomi's SU7 Ultra set a record lap time at the Nürburgring, showcasing its high performance with a three-motor system. Xiaomi plans to expand its EV production by mid-2025.
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