EV Performance and Market Trends

HiPhi Z's triumph in a major EV range test demonstrates its industry-leading endurance, showcasing the vehicle's efficient thermal management system. Tesla has faced legal issues in the US, resulting in a $1.5 million settlement and procedural reforms after allegations of hazardous waste disposal issues. Despite robust growth in US electric vehicle sales with Tesla's Model Y leading European deliveries, December saw a downturn in plug-in electric car sales across Europe, with a 4% drop and a significant decline in the German market. Year-end sales of battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV) also fell, though the market size increased by 16% to 3 million units.