EV Daily | Tesla Unveils Modular EV Process, Cuts Charger Price; Hyundai Surpasses Ford, GM in US EV Market
Thursday, Sep 12, 2024 8:00 am ET
2min read 【Tesla】
Tesla has revealed its modular ‘unboxed’ EV manufacturing process in a new patent application, aiming for faster, more efficient vehicle production. The new manufacturing system, called the "Unboxed Process," allows for working on separate vehicle sections individually before final assembly, initially planned for the Robotaxi platform. Tesla's Gigafactory Texas in Austin is currently building the first "unboxed" assembly line.
Tesla plans to offer battery armor and rock sliders as retrofit options for the Cybertruck later this year. The Cybertruck's average transaction price (ATP) increased to $112,241 in August, continuing its third-month upward trend.
Tesla’s Universal Wall Connector, a level 2 EV charging station, received a rare price cut, dropping to $575. This charger supports up to 48A speeds, compatible with various EVs via a J1772 adapter.
The average transaction price for new Tesla vehicles declined slightly in August compared to July, but it was 10.7% higher year-over-year at $59,138. The Model Y had an ATP of $52,482 in August.
【Others】
Kia's latest program offers Tesla owners up to $1,500 in savings as part of a new Competitive Bonus Program. The company also launched new AWD and GT variants for its EV3 SUV. The EV3, priced around $30,000, gained over 10,000 reservations in Korea shortly after launch.
Hyundai Motor Group, including Kia and Genesis, surpassed Ford and GM to become the second-largest EV brand in the US. Hyundai's share of the US EV market reached 10%, ahead of Ford’s 7.4% and GM's 6.3%.
Stellantis is investing over $406 million to retool three Michigan plants for EV production, including the first electric Jeep, Dodge's first EV, and the Ram 1500 REV electric pickup. The investments align with Stellantis's Dare Forward 2030 strategy to boost EV sales.
Lucid Motors announced the 2025 Lucid Air Pure with an 84 kWh battery pack offering a 420-mile range. The company unveiled its new Gravity SUV, which will feature a 924V architecture for faster charging. Lucid also revealed its new Atlas drive unit and plans to launch a midsize EV platform in 2026. However, Lucid's CEO stated that producing an electric pickup truck is currently unfeasible due to cost and efficiency challenges.
GM plans to launch the Chevy Equinox EV in Korea, competing with Hyundai's IONIQ 5. The Equinox EV has a driving range of up to 300 miles and will be priced slightly higher in Korea due to import costs.
Ferrari's first EV was spotted testing near its Maranello plant, ahead of the 2025 launch. The vehicle, which will be built at Ferrari's new e-building, is expected to cost over $500,000. Ferrari aims for 60% of its sales to be EV or PHEV by 2026.
NIU introduced two affordable electric standing scooters, the KQi 100P and KQi 100F, priced at $349 and $449, respectively. The scooters offer front suspension, 48V battery packs, 600W motors, and up to 29 km range. The KQi 100F features folding handlebars and is available at major retailers like Best Buy and Amazon.
Incentive packages for EVs in August were at their highest point of 2024, averaging 13.3% of the average transaction price, significantly higher than incentives for gas-powered vehicles.
Tesla has revealed its modular ‘unboxed’ EV manufacturing process in a new patent application, aiming for faster, more efficient vehicle production. The new manufacturing system, called the "Unboxed Process," allows for working on separate vehicle sections individually before final assembly, initially planned for the Robotaxi platform. Tesla's Gigafactory Texas in Austin is currently building the first "unboxed" assembly line.
Tesla plans to offer battery armor and rock sliders as retrofit options for the Cybertruck later this year. The Cybertruck's average transaction price (ATP) increased to $112,241 in August, continuing its third-month upward trend.
Tesla’s Universal Wall Connector, a level 2 EV charging station, received a rare price cut, dropping to $575. This charger supports up to 48A speeds, compatible with various EVs via a J1772 adapter.
The average transaction price for new Tesla vehicles declined slightly in August compared to July, but it was 10.7% higher year-over-year at $59,138. The Model Y had an ATP of $52,482 in August.
【Others】
Kia's latest program offers Tesla owners up to $1,500 in savings as part of a new Competitive Bonus Program. The company also launched new AWD and GT variants for its EV3 SUV. The EV3, priced around $30,000, gained over 10,000 reservations in Korea shortly after launch.
Hyundai Motor Group, including Kia and Genesis, surpassed Ford and GM to become the second-largest EV brand in the US. Hyundai's share of the US EV market reached 10%, ahead of Ford’s 7.4% and GM's 6.3%.
Stellantis is investing over $406 million to retool three Michigan plants for EV production, including the first electric Jeep, Dodge's first EV, and the Ram 1500 REV electric pickup. The investments align with Stellantis's Dare Forward 2030 strategy to boost EV sales.
Lucid Motors announced the 2025 Lucid Air Pure with an 84 kWh battery pack offering a 420-mile range. The company unveiled its new Gravity SUV, which will feature a 924V architecture for faster charging. Lucid also revealed its new Atlas drive unit and plans to launch a midsize EV platform in 2026. However, Lucid's CEO stated that producing an electric pickup truck is currently unfeasible due to cost and efficiency challenges.
GM plans to launch the Chevy Equinox EV in Korea, competing with Hyundai's IONIQ 5. The Equinox EV has a driving range of up to 300 miles and will be priced slightly higher in Korea due to import costs.
Ferrari's first EV was spotted testing near its Maranello plant, ahead of the 2025 launch. The vehicle, which will be built at Ferrari's new e-building, is expected to cost over $500,000. Ferrari aims for 60% of its sales to be EV or PHEV by 2026.
NIU introduced two affordable electric standing scooters, the KQi 100P and KQi 100F, priced at $349 and $449, respectively. The scooters offer front suspension, 48V battery packs, 600W motors, and up to 29 km range. The KQi 100F features folding handlebars and is available at major retailers like Best Buy and Amazon.
Incentive packages for EVs in August were at their highest point of 2024, averaging 13.3% of the average transaction price, significantly higher than incentives for gas-powered vehicles.
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