This Week In Electric Vehicles - EVDANCE Unveils Advanced Smart Charger For Home Use

editorial-team@simplywallst.com (Simply Wall St)

Wed, May 7, 2025, 6:39 AM 1 min read

EVDANCE has introduced the FLUX 40A Smart EV Charger, aiming to enhance home charging with advanced features. This next-gen charger offers faster Level 2 charging capabilities, improved safety measures, and intelligent app integration, allowing users to remotely control and schedule their charging sessions. The device is designed with military-grade safety features and has an IP66 rating for all-weather durability. A pre-sale with a 30% discount is being offered, demonstrating EVDANCE's commitment to expanding efficient and accessible electric vehicle charging solutions.

Elsewhere in the market, VinFast Auto was a notable mover up 5.7% and ending the day at $3.69. At the same time, Bethel Automotive Safety Systems trailed, down 2.7% to end trading at CN¥58.36.

VinFast Auto's aggressive expansion into Asia could drive rapid sales growth, contingent on timely manufacturing enhancements. Discover how VinFast plans to revolutionize the market with their strategic moves.

To deepen your understanding, revisit our Market Insights article on tariffs impacting automakers and recent shifts in EV commitments—read it before it's too late!

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Ford Motor ended the day at $10.44 up 2.7%. This week, Ford reported a decrease in both revenue and net income for Q1 2025 compared to the previous year.
BYD ended the day at HK$384.40 down 0.1%.
Tesla ended the day at $275.35 down 1.8%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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Companies discussed in this article include NasdaqGS:VFS NYSE:F SEHK:1211 NasdaqGS:TSLA and SHSE:603596.