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China’s leading EV maker, BYD, is making big moves to gain a foothold in Europe. BYD’s latest deal could spell big trouble for Volkswagen in Germany.

BYD is taking over its distributor in Germany, allowing it to sell its cars directly in Europe’s largest auto market.

On Friday, the Chinese auto giant officially signed an agreement with Hedin Mobility Group to buy out its subsidiary, Heden Electric Mobility.

Over the past two years, Heden Electric has imported vehicles and spare parts for BYD to sell in Germany. However, the move will give it more control over pricing and other key parts of distribution. BYD will now be able to sell its cars directly to buyers in Germany and set prices on its own terms.

“Together with its retail partners, BYD will further extend outstanding customer services and warranty support in Germany,” BYD’s executive vice president, Stella Li, said.

In addition to gaining control of distribution, BYD will also take over two flagship stores in Stuttgart and Frankfurt, Germany.

BYD-Germany
BYD Dolphin (left) and Atto 3 (right) Source: BYD

BYD is on the move in Germany

Anders Hedin, CEO of Hedin Mobility Group, explained, “The foundation is now in place to scale up volumes, and we look forward to continuing this journey in Germany together with BYD as a dealer.”

The deal is expected to close in the fourth quarter of 2024. As part of its long-term partnership, Hedin will still act as BYD’s dealer and retailer in the Swedish market.

BYD-Germany
Michael Shu, Managing Director of BYD Europe, speaks at the IAA (Source: BYD)

Although no prices were revealed, Germany’s Handelsblatt reported it could be in the “low double-digit million” range with outstanding debts demanded by Hedin.

BYD’s big move is part of its ambitious plans to expand in Europe. BYD aims to control 5% of the European auto market by 2026. Germany will be a crucial part of achieving this. However, as of the end of July, the Chinese automaker accounted for a minor 0.1% with only 1,432 vehicle registrations in Germany.

BYD-Germany
BYD Seagull EV (Source: BYD)

That’s a far cry from the 120,000 BYD aims to sell in the country by 2026. Perhaps, as Hedin’s CEO claimed, more control over pricing and distribution will help ramp up output.

BYD is among several Chinese automakers, including XPeng and SAIC’s MG, with plans to expand in Europe. Meanwhile, EVs from China accounted for just 9.9% of European electric car sales last month.

BYD-first-cargo-ship-EV
The BYD Explorer No. 1, BYD’s first cargo transport ship (Source: CIMC)

The move comes after the EU announced plans last week to cut BYD’s EV import rate from China to 17% from 17.4%.

Electrek’s Take

Although BYD has struggled to gain traction in Europe, sales are expected to pick up as new models roll out.

Taking control over distribution in Germany is a big win for the company. BYD can now set prices with more flexibility on availability.

According to the latest European Automobile Manufacturers’ Association (ACEA) figures, EV registrations in Germany fell 36.8% last month. The drop dragged Europe’s EV market share down to 12.1% from 13.5% a year ago.

Volkswagen was among those with lower sales in July (-2.2%). The Volkswagen brand had 6.1% fewer vehicle registrations with its market share slipping to 10.8% in July from 11.1% a year ago.

The lower sales come as Volkswagen aggressively seeks to cut costs. It’s even considering closing Audi’s assembly plant in Brussels, which would be its first plant closure in 26 years.

Meanwhile, Volvo led Europe’s new car registration growth, with over 22,000 vehicles sold in July, up 36.7% year over year. Volvo’s cheapest EV, the EX30, is the main growth driver, with over 47,100 models registered through July.

With the ability to set prices, BYD may be able to match Volvo’s growth. According to research from Rhodium Group, BYD earns 14,300 euros ($15,400) on each Seal U model sold in Europe. That’s even more than in China with a 1,300 euro ($1,400) profit per unit sold.

Even with higher tariffs, BYD has the flexibility to offer lower prices. Does Volkswagen have the freedom? It’s not likely.

It will be interesting to see how the deal impacts BYD’s sales in Germany next year. After topping Honda and Nissan to become the seventh largest automaker globally in Q2, BYD looks to overseas markets to boost growth.

Source: Handelsblatt, Hedin Mobility Group

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Tesla Cybertruck is in crisis: new discounts and throttling down production

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Tesla Cybertruck is in crisis: new discounts and throttling down production

The Tesla Cybertruck is in crisis. The automaker is still sitting on a ton of old inventory, which it is now heavily discounting, and it is throttling down production to try to avoid building up the inventory again.

When launching the production version of the Cybertruck in late 2023, Tesla CEO Elon Musk claimed that the vehicle program would reach 250,000 units a year in 2025:

“I think we’ll end up with roughly a quarter million Cybertrucks a year, but I don’t think we’re going to reach that output rate next year. I think we’ll probably reach it sometime in 2025.”

We are now in 2025, and Tesla is expected to currently be selling the Cybertruck at a rate of about 25,000 units a year – a tenth of what Musk predicted.

Earlier this month, we reported that Tesla began the second quarter with 2,400 Cybertrucks in inventory, valued at over $200 million.

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This is a real problem for Tesla as many of those Cybertrucks are older 2024 model year units not eligible for the federal tax credit, and even some ‘Foundation Series’, which Tesla stopped building in October 2024 – meaning that Tesla is sitting on some 6-month-old trucks in some cases.

Tesla is now offering deeper discounts on the new inventory of Cybertrucks. The discounts can go as high as $10,000, but the average one is closer to $8,000, which is more than the tax credit:

Despite Tesla’s efforts, the automaker has only reduced its Cybertruck inventory by about 100 units since the beginning of the month.

Tesla is now further throttling down production of the Cybertruck at Gigafactory Texas, according to a new report from Business Insider.

According to two Tesla workers speaking with BI, the automaker has reduced its Cybertruck production teams and now operates at a fraction of its original capacity. It also moved some Cybertruck production workers to Model Y production at the plant.

One of the workers said:

“It feels a lot like they’re filtering people out. The parking lot keeps getting emptier.”

As we previously reported, Tesla has been operating all its factories at approximately 60% capacity to avoid building up excessive inventory amid lower demand.

When it comes to the Cybertruck program, it sounds like Tesla is lowering production even further.

Last week, Tesla launched a new version of the Cybertruck in an attempt to boost demand, but it has been poorly received due to the automaker’s removal of many essential features.

Electrek’s Take

There are a lot of other automakers that would have already given up on the Cybertruck ith these results, but not Tesla. Musk is not one to admit defeat easily.

However, Tesla is running out of options.

The new Cybertruck RWD was a desperate attempt, and I doubt it will work. Now, it sounds like Tesla is further throttling down production – virtually confirming that the new trim didn’t help.

The next step would be a complete production pause.

Again, I don’t think Musk wants to admit defeat, but at some point, it’s inevitable.

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Harley’s LiveWire unveils electric motorcycles built just for cops

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Harley's LiveWire unveils electric motorcycles built just for cops

LiveWire, the electric motorcycle brand spun out of Harley-Davidson, has officially launched a new line of electric motorcycles tailored for law enforcement and security use. The move marks another example of electric two-wheelers expanding beyond consumer markets and into professional and government fleets.

The company’s new LiveWire fleet program debuted with its electric motorcycle models adapted to include law enforcement-specific features like sirens, emergency lighting, and reinforced mounting points for gear. They are designed for urban patrol duties, security, and events where agility and low operational noise are critical.

As LiveWire explains, the electric drivetrain offers several advantages over traditional gas-powered police motorcycles, including lower maintenance needs, reduced operational costs, and near-silent operation. Those can be strategic advantages for many law enforcement departments. Instant torque and quick acceleration also give officers a performance edge in dense urban environments.

Additionally, the lack of a clutch and the ability to operate the motorcycle entirely with just the right hand and right foot, as opposed to a traditional motorcycle requiring the use of both hands and both feet, make the bikes ideal for reducing rider fatigue during long shifts and for low-speed operation like motorcade duty.

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Departments will be able to configure bikes with a range of custom options through LiveWire’s fleet division. The fleet program highlights benefits such as regenerative braking for improved efficiency, customizable ride modes, and short recharging times allowing officers to quickly recharge during shifts if needed.

The initiative comes at a time when interest in electric police vehicles is rising. Several major cities have already begun integrating electric vehicles including e-bikes into their fleets to reduce emissions and lower fuel costs. LiveWire’s dedicated police motorcycles could help fill a niche where traditional gas-powered motorcycles are too noisy, high-maintenance, or costly for modern policing needs. That’s exaclty what we’ve seen in the past when the original Harley-Davidson LiveWire electric motorcycle was already drafted into police department use years ago.

For now, LiveWire’s police models are targeting agencies across North America, but given the growing global demand for greener fleets, it’s likely we’ll see broader adoption if the program proves successful.

Electric motorcycles have also proven popular among police departments and security forces both in the US and around the world.

As electric vehicle technology continues to improve and charging infrastructure expands, it’s all but inevitable that more police and security fleets will gradually transition to electric models.

The combination of lower operating costs, easier maintenance, and environmental benefits makes electrification an increasingly practical and attractive option for public safety agencies.

Current battery technology, which generally provides around 100 miles (160 km) of range, positions these electric motorcycles ideally for urban law enforcement roles. This urban setting is precisely where their strengths become most apparent. Quiet operation, zero emissions, and significantly reduced maintenance costs make electric police motorcycles particularly beneficial for high-mileage city fleets.

via: Officer.com

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Archer unveils eVTOL air taxi network with United to connect passengers to all major NYC airports

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Archer unveils eVTOL air taxi network with United to connect passengers to all major NYC airports

Imagine landing at JFK or LaGuardia after a fun but taxing vacation, and instead of hailing a two-hour cab ride or asking your brother-in-law to come and get you, you take to the skies in an eVTOL. You’re back on the ground in 15 minutes for a short trip back home to bed. What a time to be alive. eVTOL developer Archer Aviation is making this dream a reality alongside its business partner, United Airlines, offering travelers to NYC a new map of air taxi routes to travel to and from NYC airports.

As you may or may not already know, Archer Aviation ($ACHR) is a Santa Clara, California-based aviation developer specializing in designing and developing electric vertical takeoff and landing aircraft, particularly for use in urban air mobility (UAM) networks such as air taxi services.

Archer remains one of the more exciting eVTOL developers we follow and stays relevant on our news beat with steady announcements of new partnerships with companies worldwide to develop and implement networks of sustainable air travel using its flagship Midnight eVTOL aircraft.

One of Archer’s long-standing partners has been Stellantis, which signed an agreement to become the exclusive manufacturer of Archer’s eVTOL technology at a new facility in the US, specifically Covington, Georgia. Last summer, Archer announced that a new US facility had completed construction, and Midnight eVTOL production was scheduled to begin in early 2025.

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In addition to Stellantis, plenty of other big names have invested in Archer and/or signed agreements with the eVTOL specialist, including Boeing and ARK Invest. Aviation companies like Southwest and Soracle in Japan have signed ventures to establish eVTOL air taxi networks in major metropolitan areas like Tokyo, Los Angeles, and Chicago – the latter of which comes via a landmark agreement with Signature Airlines signed in June 2024.

Another partner is United Airlines, which is working alongside Archer to establish a new eVTOL air taxi network around the NYC metropolitan area, connecting Manhattan to several nearby airports. You can see the NYC air taxi route map below:

Air taxi NYC
Source: Archer

Archer unveils eVTOL air taxi routes coming to NYC

Archer Aviation unveiled the initial route map for air taxi operations in NYC this morning alongside details of its ongoing partnership with United Airlines. The pending air taxi network includes vertiports at JFK, LaGuardia, and Newark Airports around NYC and a presence at regional airports and three helipads in the city itself.

Per Archer, the goal is to provide travelers with a new, safe, and sustainable method of transportation in which they can visit a nearby heliport and fly 5 to 15 minutes in a Midnight eVTOL to their destination as opposed to potentially sitting in hours of NYC traffic. Archer founder and CEO Adam Goldstein elaborated:

The New York region is home to three of the world’s preeminent airports, serving upwards of 150 million passengers annually. But the drive from Manhattan to any of these airports can be painful, taking one, sometimes two hours. We want to change that by giving residents and visitors the option to complete trips in mere minutes. With its existing helicopter infrastructure, regulatory support and strong demand, I believe New York could be one of the first markets for air taxis in the United States.

Thanks to its partnership with United, Archer said its future passengers can book air taxi flights in NYC as an “add-on” to their existing itinerary. As an example, the eVTOL developer said a customer would be able to take a Midnight eVTOL, which is designed to transport four passengers plus a pilot, from a vertiport downtown to the Newark Airport in less than ten minutes, then go through security and board their commercial flight as normal, saving tons of time along the way.

Source: Archer

As a long-term investor and customer in Archer’s eVTOL technology, United Airlines intends to work alongside its partner to help make these air taxi routes around NYC a reality. Andrew Chang, Head of United Airlines Ventures, also spoke:

At United, our focus is on driving innovation, reimagining the future of air travel and enhancing the customer experience every step of the journey. Our strategic collaboration with Archer will be key to our efforts to build and optimize the infrastructure – such as real estate development, air space management, and safety and security protocols – necessary to bring advanced air mobility to our customers.

Here is the full list of planned vertiports for air taxi travel around the NYC metropolitan area:

  • Major Airports: John F. Kennedy International Airport, LaGuardia Airport, Newark Airport
  • NYC Helipads: East 34th Street Heliport, Downtown Skyport, West 30th Street Heliport
  • Regional Airports: Westchester County Airport, Teterboro Airport, Republic Airport

The NYC network is a part of Archer’s more extensive plans to establish eVTOL air taxi travel across populated and traffic-dense areas in the US, including additional networks in San Francisco and Los Angeles. Archer shared it is currently working through the final stages of FAA approval to get those routes up and running.

A representative for the company shared the following update when asked when we might see Archer air taxi operations in the New York City area:

We’re taking a step by step approach for any new market we’re launching in, starting with a few aircraft on a few routes. We’ll ramp commercial operations upon receiving Type Certification from the FAA. We’re in the final stages of FAA type certification for Midnight, and once complete, we’ll be ready to begin commercial operations. We will start slowly, with a “crawl, walk, run” approach with Midnight’s roll-out. In the U.S., we’ve identified New York, Los Angeles, and San Francisco as our initial markets.

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