AD #3662 - BYD 4th-Best Selling Brand Globally; Tesla Launches Entry-Level Model Y; EV Battery Output to Grow 6X by 2030

BYD has risen to become the fourth best-selling global automotive brand, closely trailing giants like Toyota and Volkswagen, driven by strong EV sales. Tesla reintroduced an affordable Model Y variant in the US, benefiting from tax credits and likely using cost-effective LFP batteries. Global EV battery production is projected to increase sixfold by 2030, mainly through lithium-ion improvements, while solid-state batteries remain a longer-term prospect. Nissan plans to unveil futuristic Hyper EV concepts at the Japan Mobility Show, emphasizing software updates and bidirectional charging. Mercedes-Benz continues expanding its custom truck offerings, including electric models for logistics.