EV Daily | Xiaomi's YU7 Challenges Tesla's Model Y in China Amid French Legal Troubles for Tesla
Generated by AI AgentAinvest Market Brief
Wednesday, Jun 25, 2025 8:01 am ET2min read
TSLA--
【Tesla】
Xiaomi CEO Lei Jun aims for the YU7 to outsell Tesla's Model Y in China. Xiaomi's SU7 is already outselling Tesla's Model 3, impacting its sales. TeslaTSLA-- offers 0% financing for Model 3 in China, but Xiaomi's YU7 targets the Model Y, Tesla's best-seller. Xiaomi might outsell Tesla on a monthly basis due to improved YU7 production and decreased Tesla sales.
The French Ministry of the Economy found Tesla guilty of deceptive business practices. Tesla is mandated to comply or face fines. The violations include the misleading portrayal of FSD capabilities. Tesla has four months to rectify these issues or incur daily fines.
Tesla's FSD software, sold for various prices, is not yet fully active in France. Despite claims of future self-driving capabilities, Tesla has not delivered as promised. Tesla is also facing lawsuits from French owners affected by Musk's political activities. French authorities demand Tesla address these misleading practices.
Tesla's fine in France could impact its profitability in the region, given its low sales volume and profit margin. The fine might nullify Tesla's revenue from France, emphasizing the seriousness of the authority's enforcement.
【BYD】
BYD launches the Dolphin Surf, its most affordable EV in Europe, priced at £18,650 in the UK. BYD's aggressive product offensive includes launching six cars in a year, targeting key European market segments. BYD's expansion includes luxury vehicles under Denza and Yangwang brands, and new production in Hungary by year-end. BYD registered more European vehicles than Tesla in April and plans to double its European sales this year.
【Others】
Xiaomi prepares to launch its second EV, following the SU7's success. Known for consumer electronics, Xiaomi began its auto division in 2021 and quickly ramped up SU7 production. The YU7 aims to surpass Tesla's Model Y in China, offering global expansion plans by 2027.
Raleigh unveils the ONE e-bike, blending classic design with modern tech. It features a 360Wh battery, 80 km range, and smart connectivity. Available in Europe, it offers a membership model for advanced features, competing in the premium urban e-bike market.
Mercedes-Benz supplies 5,000 electric vans to AmazonAMZN-- in Europe. The order includes eSprinter and eVito models, designed for delivery efficiency and safety. Mercedes joined Amazon's Climate Pledge, aiming for net zero by 2040. The vans enhance delivery capabilities and emissions reduction.
QuantumScapeQS-- integrates Cobra manufacturing process, advancing solid-state battery production. The innovation supports gigawatt-level production, aiding commercial scalability. QuantumScape collaborates with Volkswagen on licensing, potentially avoiding tariffs amid growing battery demand.
Volkswagen prepares a facelift for the ID.4 SUV, aligning with its new design language. Updates include interior enhancements and increased range and performance. The ID.3 will first receive changes, followed by the ID.4. Volkswagen aims to introduce entry-level EVs with improved technology.
Loganair partners with ZeroAvia to develop hydrogen-powered, zero-emission aircraft. Using ZeroAvia's ZA2000 powertrain, Loganair aims for emission-free regional flights. The collaboration promises cost savings through lower maintenance and hydrogen fuel efficiency.
Ford plans to start LFP battery production in the US in 2026. Despite political challenges, Ford's facility aims to deliver affordable EVs and compete globally. The plant will boost production capacity and support Ford's low-cost EV platform, expected to feature various body styles.
ONYX Motors unveils the RCR 80V electric moped, offering higher power and speed. It features an 80V battery, 18 kW motor, and up to 130 miles range in Eco mode. The moped bridges bicycle and motorcycle design, with adjustable seating and smart tech integration.
The Senate tax bill threatens the USPS's electric vehicles. Despite significant benefits, Republicans consider auctioning them off, causing taxpayer losses. USPS opposes the plan, emphasizing its detrimental impact on efficiency and pollution reduction.
A new lightweight electric hub motor is unveiled at Eurobike 2025. Developed by MMT, Sonceboz, and eBikeLabs, it offers high torque and regenerative braking. Designed for urban e-bikes, it integrates with eBikeLabs' software for enhanced performance and theft prevention.
Xiaomi CEO Lei Jun aims for the YU7 to outsell Tesla's Model Y in China. Xiaomi's SU7 is already outselling Tesla's Model 3, impacting its sales. TeslaTSLA-- offers 0% financing for Model 3 in China, but Xiaomi's YU7 targets the Model Y, Tesla's best-seller. Xiaomi might outsell Tesla on a monthly basis due to improved YU7 production and decreased Tesla sales.
The French Ministry of the Economy found Tesla guilty of deceptive business practices. Tesla is mandated to comply or face fines. The violations include the misleading portrayal of FSD capabilities. Tesla has four months to rectify these issues or incur daily fines.
Tesla's FSD software, sold for various prices, is not yet fully active in France. Despite claims of future self-driving capabilities, Tesla has not delivered as promised. Tesla is also facing lawsuits from French owners affected by Musk's political activities. French authorities demand Tesla address these misleading practices.
Tesla's fine in France could impact its profitability in the region, given its low sales volume and profit margin. The fine might nullify Tesla's revenue from France, emphasizing the seriousness of the authority's enforcement.
【BYD】
BYD launches the Dolphin Surf, its most affordable EV in Europe, priced at £18,650 in the UK. BYD's aggressive product offensive includes launching six cars in a year, targeting key European market segments. BYD's expansion includes luxury vehicles under Denza and Yangwang brands, and new production in Hungary by year-end. BYD registered more European vehicles than Tesla in April and plans to double its European sales this year.
【Others】
Xiaomi prepares to launch its second EV, following the SU7's success. Known for consumer electronics, Xiaomi began its auto division in 2021 and quickly ramped up SU7 production. The YU7 aims to surpass Tesla's Model Y in China, offering global expansion plans by 2027.
Raleigh unveils the ONE e-bike, blending classic design with modern tech. It features a 360Wh battery, 80 km range, and smart connectivity. Available in Europe, it offers a membership model for advanced features, competing in the premium urban e-bike market.
Mercedes-Benz supplies 5,000 electric vans to AmazonAMZN-- in Europe. The order includes eSprinter and eVito models, designed for delivery efficiency and safety. Mercedes joined Amazon's Climate Pledge, aiming for net zero by 2040. The vans enhance delivery capabilities and emissions reduction.
QuantumScapeQS-- integrates Cobra manufacturing process, advancing solid-state battery production. The innovation supports gigawatt-level production, aiding commercial scalability. QuantumScape collaborates with Volkswagen on licensing, potentially avoiding tariffs amid growing battery demand.
Volkswagen prepares a facelift for the ID.4 SUV, aligning with its new design language. Updates include interior enhancements and increased range and performance. The ID.3 will first receive changes, followed by the ID.4. Volkswagen aims to introduce entry-level EVs with improved technology.
Loganair partners with ZeroAvia to develop hydrogen-powered, zero-emission aircraft. Using ZeroAvia's ZA2000 powertrain, Loganair aims for emission-free regional flights. The collaboration promises cost savings through lower maintenance and hydrogen fuel efficiency.
Ford plans to start LFP battery production in the US in 2026. Despite political challenges, Ford's facility aims to deliver affordable EVs and compete globally. The plant will boost production capacity and support Ford's low-cost EV platform, expected to feature various body styles.
ONYX Motors unveils the RCR 80V electric moped, offering higher power and speed. It features an 80V battery, 18 kW motor, and up to 130 miles range in Eco mode. The moped bridges bicycle and motorcycle design, with adjustable seating and smart tech integration.
The Senate tax bill threatens the USPS's electric vehicles. Despite significant benefits, Republicans consider auctioning them off, causing taxpayer losses. USPS opposes the plan, emphasizing its detrimental impact on efficiency and pollution reduction.
A new lightweight electric hub motor is unveiled at Eurobike 2025. Developed by MMT, Sonceboz, and eBikeLabs, it offers high torque and regenerative braking. Designed for urban e-bikes, it integrates with eBikeLabs' software for enhanced performance and theft prevention.
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