Group 1 - Avita Technology is investigating a fire incident involving the Avita 06 model, which occurred on October 5, 2025, in Ningde, Fujian. Initial findings indicate that the fire started in the passenger seat area, with normal battery parameters at the time, ruling out faults in the battery, drive motor, and high-voltage control systems. Further investigations are ongoing to determine other potential causes [2] - BMW South Africa has announced a recall of 12,491 vehicles due to a starter motor defect that poses a fire risk. The recall affects six models sold in South Africa since 2016, including the 3 Series, 4 Series, 5 Series, Z4, X3, and X4 [2] - The second-hand electric vehicle market in the U.S. is experiencing unprecedented growth, with average prices nearly equal to those of second-hand gasoline vehicles. Sales of second-hand electric vehicles increased by 34% year-on-year as of June 2025, while new electric vehicle sales saw only slight growth [2] - BYD has officially entered the Argentine passenger car market, launching three electric and hybrid models in Buenos Aires. The vehicles include the Dolphin MINI, Yuan Pro, and the plug-in hybrid Song Pro DM-i, featuring BYD's self-developed "blade battery" known for its safety and long range. Over 1,500 units have been pre-sold, indicating growing consumer interest in new energy vehicles in Argentina [2]

Group 1: Partnership and Program Overview - ChargeScape, a joint venture involving BMW, Honda, Ford, and Nissan, has partnered with PSEG Long Island to enroll electric vehicles (EVs) in the utility's Peak Load Reduction program, marking a first in the program's nine-year history [1] - The initiative aims to alleviate strain on the power grid during summer months by integrating over 4,000 BMW EV drivers and 2,200 Ford EV drivers into the power grid, providing financial incentives for participants [1][2] Group 2: Technology and Implementation - The Peak Load Reduction program utilizes ChargeScape's proprietary software algorithm, EV AI™, which analyzes real-time data from PSEG Long Island to optimize EV charging timing, duration, and intensity [2] - This technology ensures that EV electricity demand remains within the power grid's capacity at specific times and locations [2] Group 3: Industry Impact and Benefits - The program is seen as a collaborative effort between automakers and power utilities to enhance energy conservation while providing cost savings for EV drivers [3] - It is expected to reduce overall energy consumption, leading to future savings for all customers by decreasing the amount of electricity needed for subsequent summer periods [3] Group 4: Company Backgrounds - ChargeScape is a software company focused on connecting electric utilities, automakers, and EV drivers, helping stabilize electric grids and offering savings on at-home charging [10] - BMW Group has a significant presence in the U.S., with nearly 30 locations across 12 states, contributing over $43.3 billion to the U.S. economy annually [8][5] - Ford Motor Company is committed to innovative vehicle development and has a global workforce of approximately 175,000 employees [9]