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Kia ora,Welcome to Thursday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news China and the US seem to have agreed some sort of trade deal although the details are still quite fuzzy. However a key part seem to be that the US will only get access to the rare earth minerals on a 180 day rolling basis. That means Beijing will retain key leverage over these negotiations as they develop.From data out in the US, CPI inflation was recorded at 2.4% in May, up marginally from 2.3% in April but coming in lower than the +2.5% expected. Food prices however were up +2.9%, rents up +3.9% in this survey. The only reason the overall level was modest is that petrol prices fell -3.5% from a year ago.Interestingly, US crude oil prices were near a one-year high a year ago at US$78/bbl. Today they are at US$67/bbl. But they have fallen steadily from there so after August it seems likely that US petrol prices will generate upward pressure on their CPI, just about at the time tariff-tax flow throughs start to bite. Could get "interesting" in about 90 days.Meanwhile US mortgage applications jumped more than +12% last week from the prior weak three weeks. It is a pattern we have observed since September - three weeks of declines followed by a single week of recovery, usually because those holding off refinancing while waiting for rates to fall can't wait any longer. The benchmark 30 year fixed rate was unchanged last week at 6.93% plus points.There was another US Treasury 10 year bond tender earlier today, and this one featured an outsized fall in demand. There were more than -10% less bids than at the prior equivalent event. The median yield achieved was 4.38% today, up from 4.28% at that prior equivalent event.This is the first time we have seen a big fall-off in demand in these official tenders, so it will be worth keeping an eye on it going forward to see if this is a one-off, or the feared pullback in investor appetite for Trump-debt.At the same time, the US Budget Statement for May showed a monthly deficit of -US$316 bln, only marginally less than the -US$346 bln for the same month a year ago. Higher tariff collections at the border are getting the credit, of US$23 bln in the month. That would mean the DOGE has had zero impact on the budget. They have booked a -US$2 tln deficit in the twelve months to May, and on track for more than that for their fiscal year to September. If the current Budget Bill passes with its tax cuts for the rich, and suspension of the debt ceiling, you can see why investors would want sharply higher risk premiums for holding US federal debt when the mismanagement is so rife.In Canada, April building consents came in -6.6% below March levels to be -16% lower than year ago levels (which featured a strong April 2024 surge).In China, May vehicle sales came in at almost 2.7 mln units in the month with almost half of them NEVs. That puts sales for the past year at a remarkable 32.7 mln, and more than double the level in the US (15.6 mln units in the past year). One key reason is the Beijing-backed trade-in incentives that are designed to support their manufacturing activity through the tariff-war and their drive to build and rely more on internal consumption. It seems to be working with this incentive in place, but can they wean themselves off it?The UST 10yr yield is now at 4.42%, and down -5 bps from this time yesterday. The price of gold will start today at US$3,323/oz, and virtually unchanged from yesterday.American oil prices are up +US$2 at just over US$67/bbl while the international Brent price is now just under US$69/bbl.The Kiwi dollar is now just over 60.4 USc, basically holding from yesterday. Against the Aussie we are also holding at 92.7 AUc. Against the euro we are down -30 bps at 52.6 euro cents. That all means our TWI-5 starts today at under 68.3 and down about -10 bps from yesterday.The bitcoin price starts today at US$109,115 and up +0.4% from yesterday. Volatility over the past 24 hours has remained low at just on +/-0.8%.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news mostly about the China-US Geneva 'agreement' and market reactions.First up, China and the US agreed to cut tariffs on each other by -115%. For the US that means they will go down to 30%. For China, down to 10%. Supposedly the deal is for 90 days to allow further negotiations, but it will likely be endlessly extended. Oddly, China was the only major power to impose reciprocal tariffs and this deal seem to make them a clear winner with the US meeting most of China's demands for de-escalation. Other countries who regarded themselves as friends and who have or are still 'negotiating' with the US are now in a much worse position. That includes neighbours Canada and Mexico, Japan, and of course the EU.Separately, India who made a big effort to deal with Trump, is spurned, and they have other security reasons to feel offended (justifiably or not).US merchants will rush to return to China supply. But it isn't clear that China will be doing the same with US products. The US trade deficit with China, already elevated, is likely to surge after this type of 'Trump negotiation success'.The equity markets liked the retreat and Wall Street took off. The USD strengthened, probably in a way the American's don't want. The bond market sees more risks and increased its risk premium. Gold and bitcoin fell sharply.The size of the tariff taxes became clear in April with the release of the US Budget Statement. These taxes cost US importers $16 bln in the month, an increase of +US$9 bln from a year ago, or +$500 mln/day, far lower than the +US$2 bln/day claimed by Trump. Of course they will now fall from here and it seems will never reach the claimed levels so any budget boost to tackle deficits - a clearly stated policy objective - is likely now in the bin.The May report from the USDA shows that grain production worldwide is rising while consumption isn't. So prices are falling especially in the US in response to their trade policies. More will be used there as feed grains. Oddly, this report noted lower production and export opportunities for beef but overlooked mention of what is presumed to be a surge in beef imports. They did say dairy production will be lower and imports higher.Across the Pacific, Chinese vehicle sales came in for April up +9.8% from the same month in 2024. These sales ran at 2.59 mln units an all-time record high for any April. NEVs took a record 47% share in the month. In all this, foreign brands are struggling to get a share, or even keep their share of this expanding market.The UST 10yr yield is at 4.46%, up +8 bps so far today. Wall Street has taken off today on the China tariff news, up +3.1% in Monday trade. The price of gold will start today at US$3223/oz, and down -US$100 from yesterday.Oil prices are up +US$1 today at just over US$62/bbl in the US and the international Brent price is just over US$65/bbl.The Kiwi dollar is now at 58.5 USc, down -60 bps from yesterday at this time. Against the Aussie we are down -20 bps at 92.2 AUc. Against the euro we are up +30 bps at 52.8 euro cents. That all means our TWI-5 starts today just under 67.4 and down -20 bps from this time yesterday.The bitcoin price starts today at US$101,401 and down -2.5% from yesterday. Volatility over the past 24 hours has been modest at just on +/- 1.5%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

Kia ora,Welcome to Monday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news things are turning sour in the trenches of the US economy - for consumers, many non-prime corporate borrowers, and even investors in some local manufacturing they did at the behest of Trump.But first in the week ahead our news will be dominated by the March quarter CPI release on Wednesday. Japan, India and the UK will also release inflation updates this week. The central banks of Canada, the ECB, Turkey and Korea will be re-assessing their monetary policy settings, and obviously they will focused on how the global tariff war by the US will affect them, and the role monetary policy can play to mitigate the coming negative influences.China will report its Q1-2025 GDP result, and Germany will report any changes in economic sentiment.On Wall Street, the Q1-2025 earnings season will kick off and reports from the major financial institutions will come in early. There will be a lot of attention on them, especially if they start to report a bumpy ride from the economic uncertainty.However, the big news over the weekend is that China is standing its ground. Beijing raised tariffs on American imports to 125% on Friday, hitting back against Trump's decision to hike duties on Chinese goods to 145%, and raising the stakes in the trade war. They repeated the "fight to the end" rhetoric, also saying they will "counterattack". "Even if the US continues to impose higher tariffs, it will no longer make economic sense and will become a joke in the history of world economy. At the current tariff level, there is no market acceptance for US goods exported to China."On immediate consequence of all this is that investors are turning away from the US dollar as a safe haven. And perhaps turning away from US Treasuries too.Equity markets seem to be ignoring a sharp change in US consumer sentiment. The University of Michigan survey plunged in April to its lowest level since June 2022 and well below what was anticipated. That's the fourth straight month of pullback, and this survey is now more than 30% lower since the November 2024 election. It is signaling growing worries about trade war developments that have oscillated over the course of the year.American consumers report multiple warning signs that raise the risk of recession: expectations for business conditions, personal finances, incomes, inflation, and labour markets all continued to deteriorate this month. The gauge for current economic conditions fell along with the component measuring expectations which is now at its lowest since May 1980. Meanwhile, year-ahead inflation expectations surged to 6.7%, the highest reading since 1981, from 5% in March. The five-year inflation expectations gauge edged up to 4.4% from 4.1%.To mitigate some of that, Trump cancelled his tariffs as they affect mobile phones, their components, computers and other electronics. Even for Trump, this is pretty odd. It is now very much cheaper to import iPhones and the like from China than make them in the US. There will be many investors, especially those who have started building out US manufacturing facilities at the behest of Trump, who are likely to be a touch unhappy with this flip-flop and they still have to pay 145% tariffs on their imported parts. Clearly Trump has zero idea about how tariffs work, although that is not news. Commerce Secretary Lutnick added confusion in a weekend interview saying the tech tariff cancellation will be temporary.Meanwhile, March producer price inflation in the US actually eased to 2.7% its lowest in five months, aided by a sharp drop in energy costs. Without those fuel cost drops, the index would have risen slightly to 3.3%.There are signs that lending activity is tightening sharply in the US. For two weeks, there have been no - zero - high yield leverage loans for corporates in the US. The funds making these loans are having sharp investor outflows, and banks have become quite risk averse. A credit crunch is underway for most non-prime borrowers. If it extends, there will be real trouble.In Canada, not only are they rejecting American products and travel options now, a new trend is that they are net sellers of US real estate they had as holiday homes.India released February industrial production data over the weekend and that showed growth decelerated sharply to +2.9% from a year ago, down from an upwardly revised +5.2% in January. Markets had expected a +4.0% rise in February, so this is a big miss and is the weakest expansion since August.In China, their March new yuan loans came in at +¥3.6 tln, sharply higher than the +¥1.0 tln in February and slightly more than anticipated. New bank debt support is flowing as they intend, but to be fair it isn't overly different to the usual seasonal pattern. It is even less that the record March new-debt flows in March 2023 of +¥3.89 tln, but it is the second highest March level ever, and +17.8% more than March 2024. Foreign currency lending dived -34% however.China's vehicle sales jumped in March from February to 2.9 mln units, but the near-term change is distorted by the Chinese New Year holiday period. NEVs rose to 1.2 mln of those units, now 42% of all sales. They seem to be on target to sell almost 33 mln vehicles in 2025, almost double the level in the US.Meanwhile, State-linked Chinese funds (the 'home team') stepped in to rescue Chinese stocks last week. But it's an expensive exercise, involving more than ¥7 tln so far and likely to have to go up much more than that. China's own credit crunch is coming at some point, but they can put it off a while yet.Separately, China is also battling unusually cold weather at present with much travel in the north cancelled.In Europe, German CPI inflationcame in at 2.2% in March (2.3% on an EU harmonised basis), slightly lower than in February, and lower than expected. Food prices were up +3.0% and the price of services were up +3.5%. It is also falling energy costs that are keeping a lid on their inflation.Coal and steel prices are falling, with the coal price now down to a level it first achieved in 2016.The UST 10yr yield is now at 4.50%, up +1 bp from this time Saturday.The price of gold will start today at just on US$3236/oz, and up another +US$2 from Saturday, and yet another new record high. That is up +US$217 or +7.1% from this time last week.Oil prices are unchanged from Saturday to be holding at US$61.50/bbl in the US and the international Brent price is now just over US$64.50/bbl. These are the same levels we had a week ago.The Kiwi dollar is now at 58.3 USc, up +10 bps from Saturday at this time and the highest since mid-December. A week ago it was 55.6 USc so a mammoth +270 bps appreciation or +4.7%. Against the Aussie we are up +20 bps at 92.8 AUc. Against the euro we down -10 bps from Saturday at just on 51.3 euro cents. That all means our TWI-5 starts today now just over 66.9 and up marginally from Saturday, up +130 bps from a week ago.The bitcoin price starts today at US$84,792 and firming, and up +1.2% from this time Saturday. Volatility over the past 24 hours has been modest at +/- 1.3%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

What's a little bigger than a bike, a lot smaller than a car, and might be the tool you didn't know you needed to get a big haul home from the grocery store two miles away in the pouring rain? The answer is actually an entire category of vehicles that aren't common on U.S. roads — but with the right mix of policy, code, and infrastructure reform, we could see a lot more of them. Today on the Brake, we sit down with Karina Ricks of CityFi and Benjie De La Peña of the Shared Use Mobility Center to talk about all things mini-mobility, also known as light urban vehicles (LUVs), personal light moblity (PLMs), Neighboorhood Electric vehicles, (NEVs), and about a million other acronyms. Whatever you call them, Ricks and De La Peña recently won a $750,000 federal grant to help American communities encourage their use – only to find out, days later, that the grant might be in jeopardy thanks to President Trump's executive orders.  Listen in to learn more about their project and how you can help keep it alive.       

Welcome to the Courtside Financial Podcast! In this episode, we dive deep into China's transformative auto insurance landscape, where new energy vehicles (NEVs) are redefining the rules of the game.

In this episode, hosts Tu Le and Lei Xing discuss the latest developments in the electric vehicle (EV) market, reflecting on the Biden administration's impact on the industry. They analyze the significant growth of new energy vehicles (NEVs) in China, the challenges faced by foreign automakers, and Tesla's strategic positioning in the market. The conversation also touches on economic factors influencing the EV sector, including trade-in policies and currency fluctuations, before wrapping up with insights from the recent CES event. In this conversation, Tu Le and Lei Xing discuss their experiences at CES, focusing on the innovations in autonomous vehicles, the impact of geopolitical tensions on the automotive industry, and the significant presence of Chinese companies at the event. They reflect on the evolution of CES from a consumer electronics show to a major platform for automotive technology, highlighting key trends and products showcased. The discussion also touches on the Detroit Auto Show and the recognition of various vehicles in the automotive industry.Companies MentionedNIO, Tesla, BYD, XPeng, CATL, Li Auto, Geely, Xiaomi, Volkswagen, Huawei, RoboSense, Horizon Robotics, Ford, General Motors (GM), Stellantis.

Welcome to Episode 194 of the China EVs and More podcast! In this episode, hosts Tu Le and Lei Xing wrap up 2024 and share insights into the global EV and mobility sectors. Key topics discussed include:1.China's Dominance in the EV Market:•China's remarkable sales of nearly 13 million NEVs in 2024, representing a 50% domestic market share.•The continued decline of foreign automakers in China, including shrinking market shares for Mercedes, Volkswagen, and Porsche.2.Tesla's Market Strategies:•The Model Y's global success as the best-selling vehicle in 2024 and its dominant position in China.•The unveiling of Tesla's updated Model Y (Juniper) and the strategic focus on maintaining competitiveness in the Chinese market.3.CES 2025 Highlights:•A strong presence of Chinese companies, with brands like Zeekr, XPeng, and Li Auto showcasing cutting-edge technologies.•Innovations in LiDAR, smart cockpits, and EV design from companies such as NVIDIA and RoboSense.4.Policy and Market Trends:•The impact of US restrictions on Chinese automotive hardware and software.•China's government incentives to boost EV adoption, including expanded trade-in policies for older ICE vehicles.5.Emerging Players and Innovations:•Xiaomi's ambitions to scale EV production with its Su-7 model.•The rise of premium features like Dolby Atmos and Vision in vehicles like the Zeekr 009 MPV.Companies Mentioned•Tesla•BYD•NIO•XPeng•Zeekr•Li Auto•Volkswagen•Porsche•Mercedes-Benz•Xiaomi•RoboSense•NVIDIA•HuaweiJoin Tu and Lei each week for expert insights on the challenges and opportunities shaping the future of global mobility.

Kia ora,Welcome to Tuesday's Economy Watch where we follow the economic events and trends that affect Aotearoa/New Zealand.I'm David Chaston and this is the international edition from Interest.co.nz.And today we lead with news the week has started tentatively. But there was an eye-catching housing affordability proposal in Spain,But first, there were no real surprises in the latest survey of American inflation expectations. Consumers still see a 3% rate for the year ahead, more for food (+4.0%), less for petrol (+2.0%), but still high for rent (+5.5%). For three years ahead, expectations are for no relief, up from +2.6% to +3.0% per year.But more than expected, Chinese exports surged +10.7% in December from year-ago levels, much more than the market forecasts of +7.3% and accelerating from a +6.7% rise in November. Traders are clearly front-loading orders in anticipation of new aggressive tariffs from the incoming US administration. But Chinese exports to New Zealand were down -1.8% in the month, their imports from us down -7.9%.Chinese imports only rose +1.0%.China's new vehicle sales rose to 3.5 mln units in December, spurred by those taxpayer discounts to encourage spending. They were more than +10% higher in the month than the same month a year earlier. NEVs took a record 45% share of these latest sales. Traditionally, December is their peak sales month of the calendar year.India's CPI inflation rate eased from +5.5% in November to +5.2% in December. Food prices, which account for nearly half on their survey, rose +8.4%. If there is good news among this data it is that prices fell in December from November.Meanwhile, the Indian currency fell to more than 86.7 rupee to the USD. At the start of the year it was 'only' 85.5 so that is -1.4% in two weeks. At the start of 2024 it was at 83 so -4.3% since then. (Still, that is nothing like the -10.4% fall by the NZD against the USD since the start of 2024.)In Australia, the Melbourne Institute's Monthly Inflation Gauge rose by +0.6% in December 2024, sharply accelerating from a +0.2% increase in November and marking the highest level since December 2023. It was also the fourth consecutive month of gain.The ANZ-Indeed Australian Job Ads survey rose by +0.3% in December from November, swinging from a revised -1.8% drop in the prior month. The latest level suggests their labour market is still resilient on a short-term basis despite elevated interest rates. On an annual basis however, job ads dropped -12.5% from December 2023. They have dropped almost -28% from their peak in 2022.In Europe, Spain like many others is facing a housing crisis. They fear a "rich owner / poor tenant" split that is developing elsewhere. Their government has twelve measures proposed to deal with the issue, one of which is a 100% tax on non-EU house buyers.And for the record, the coal price fell further overnight. Oddly, demand is up in China, but so is output - more so - and they have fast-building inventories.The UST 10yr yield is now at just on 4.77%, and up just +1 bp from this time yesterday. The price of gold will start today at US$2665/oz and down -US$25 from yesterday.Oil prices are up +US$2 from yesterday at just over US$78.50/bbl in the US while the international Brent price is now just over US$81.The Kiwi dollar starts today just on 55.5 USc and down -10 bps from this time yesterday. Against the Aussie we are down -20 bps at 90.2 AUc. Against the euro we are up +10 bps at 54.4 euro cents. That all means our TWI-5 starts today at just over 66.6 and down less than -10 bps from yesterday.The bitcoin price starts today at US$92,068 and down -3.0% from this time yesterday. Volatility over the past 24 hours has been high at +/- 3.5%.You can find links to the articles mentioned today in our show notes.You can get more news affecting the economy in New Zealand from interest.co.nz.Kia ora. I'm David Chaston. And we will do this again tomorrow.

The first episode of 2025 is a double episode covering the two most significant demand drivers of lithium: electric transportation and battery energy storage systems. My guests are two experts in their respective fields: Tu Le from Sino Auto Insights and Henrique Ribeiro from S&P Global. Topics: State of the NEV market The rise of PHEVs Autonomous vehicles Zeekr (Geely) & Waymo Top Chinese NEV companies Tariffs Tesla Thinning the herd Legacy OEMs: who survives? FSD Battery energy storage systems (BESS) BESS impact on lithium demand The economics of BESS Sodium ion: not ready for prime time How real is battery "second life"? BESS in 2030

① China, Congo vow to deepen cooperation, strengthen China-Africa ties. (00:45)② China to set up basic eldercare service network by 2029: guidelines. (15:05)③ European gas storage sites dwindle at fastest pace since 2018. (24:56)④ Chinese EV giant BYD hits record sales of NEVs worldwide in 2024. (33:06) ⑤ “Greenland belongs to the Greenlanders,” says Danish PM as Donald Trump Jr. arrives. (43:43)

Esse och Gullin samlas igen för avsnitt 105 av Elbilsveckan. Toyota har visat upp en helt ny elbil och den kanske inte är så dum ändå, om priset blir rätt. Kia och Hyundai planerar att gå över till Android Automotive (Google Built-in) men innan dess så får vi se Google Maps i bilarna. Det blir inget körförbud på eCarll, Nevs gör sig av med hela personalen och Esse har kört Opel Frontera, en bil som inte lockar. Hosted on Acast. See acast.com/privacy for more information.

China is planning a fresh set of policies to propel growth in the equipment manufacturing sector, focusing on nurturing new growth engines such as new energy vehicles and low-altitude aircraft, amid the country's concerted efforts to promote industrial upgrading and enhance global supply chain resilience, said officials and experts.The move mirrors the directive to nurture technological innovation to boost the development of new quality productive forces and the establishment of a modern industrial system, which was mapped out at a meeting of the Political Bureau of the Communist Party of China Central Committee on Monday.The meeting, which was presided over by Xi Jinping, general secretary of the CPC Central Committee, anchored China's key focal points for next year's economic development, as the nation is in a pivotal process of changing its development paradigm from quantity-driven to quality-driven.The vision is backed by China's ever-stronger equipment manufacturing capability, as reflected in the fact that annual production of new energy vehicles passed the milestone of 10 million units on Nov 14, according to the Ministry of Industry and Information Technology, making China the only nation to realize such an achievement.It took only six years for this figure to grow from 1 million to 10 million, showcasing the nation's unwavering commitment to innovation-driven development."Innovation stands as a pivotal force propelling the high-quality advancement of the manufacturing sector, and companies are increasingly assuming central roles in driving innovation," said Li Jinghong, an academician of the Chinese Academy of Sciences and a professor at Tsinghua University.To date, China has built nearly 10,000 digital workshops and smart factories, of which over 400 have developed into national-level intelligent manufacturing demonstration factories. Artificial intelligence, digital twins and other cutting-edge technologies have been applied in more than 90 percent of these demonstration factories, according to a report released at the 2024 World Internet Conference.In the first 10 months of this year, total output of high-tech manufacturing businesses grew 9.1 percent year-on-year, surpassing the average growth rate of businesses from all industries by 3.3 percentage points, according to the National Bureau of Statistics.Businesses are also stepping up efforts to promote green transformation. NBS data showed that the proportion of nonfossil energy consumption increased 2.6 percentage points in the first three quarters, compared with the same period last year, while coal consumption decreased 1.9 percentage points and petroleum use fell 0.9 percentage point."Despite China's rapid advancement in the manufacturing sector, challenges persist, notably in balancing innovation investments with operational demands," said Li, the CAS academician. "The substantial investments required for technological innovation exert significant operational pressures on companies, posing dilemmas between long-term innovation and short-term financial sustainability."Xin Guobin, vice-minister of industry and information technology, said at a recent conference that the Ministry of Industry and Information Technology's upcoming policies to further boost manufacturing are expected to strengthen the implementation of large-scale equipment upgrades and trade-in programs for consumer goods to stimulate consumption of major commodities like automobiles.Xin said that policies are also underway to proactively foster new growth drivers such as intelligent connected NEVs, low-altitude aircraft and service robots, as well as major technological projects such as machine tools and smart manufacturing systems."It is crucial to unlock the innovation capabilities of companies and make full use of the leading role of industry front-runners in research investment and the fostering of practical technologies. Further efforts are also expected to enhance the collaboration among businesses, academia and research institutes," Li said.Shan Zenghai, chief engineer and vice-president of the listed arm of construction equipment maker Xuzhou Construction Machinery Group, said that promoting the renewal of construction machinery equipment can foster new growth points for related businesses such as electronic components and software development, and further propel the high-quality development of the manufacturing sector.It is expected that policy support for the renewal of construction machinery equipment will be accelerated, while the transformation from traditional fuel-powered construction machinery to equipment powered by new energy sources will be encouraged, the market environment will be continuously optimized, and the coordinated development of the industrial chain will be promoted, he said.Zhang Xiaolun, chairman of China National Machinery Industry Corp, underscored the importance of machine tools as the foundation of the manufacturing sector. Despite China's dominance in global production and consumption of machine tools, a gap exists in high-end manufacturing in this specific sector, compared with international rivals. Efforts are required to foster a robust industrial ecosystem and propel technological progress, Zhang said.

Shoot us a Text.We're live in Petersburg VA this morning as we're shooting the next episode of More Than Cars. Today, we're talking about the latest Cars Commerce Industry Insights and what it means for supply and demand, how BYD has produced its 10 millionth new energy vehicle, and how this Thanksgiving could be a record for travel.Show Notes with links:The October Cars Commerce Industry Insights Report reveals that new vehicle supply is way up, while demand has only seen a small increase.New-car demand is up only 2%, while new vehicle supply is up a staggering 26.4% YOY, and new-car days live up 37.4%YOY new-EV supply is up a whopping 35%, which makes those production shutdowns make senseUsed-car inventory below $20k is the only price category growing YOY, but remains far below stock levels prior to 2021Used EVs receive 5.5x more searches than new EVs. The average list price of a used EV is down -9.1% YOY and searches are up 36.6% YOYBYD is marking a major milestone as the first automaker to produce 10 million new energy vehicles (NEVs). The EV leader is riding a wave of growth and expanding globally. Key points include:BYD has reached 10 million NEVs just three years after producing its 1 millionth vehicleOctober sales hit over 500,000 vehicles, marking the fifth consecutive record month.The company is gaining on global giants, having outsold Nissan and Honda, and is closing in on Ford.Global expansion is in full swing, with new plants in Thailand, Hungary, Brazil, Pakistan, Turkey, and Mexico.BYD's EVP, He Zhiqi, says the company is scaling fast, hiring 200,000 employees recently to meet surging demand.Turkeys won't be the only thing looking to take flight this holiday season as Thanksgiving weekend is set to be one of the busiest travel weekends in history.AAA predicts 79.9 million travelers, a 1.7 million increase from 2023.71.7 million will travel by car, with lower gas prices expected under $3 per gallon.Airlines anticipate a surge, with 31 million passengers projected, a 2 million increase from last year.United Airlines, American Airlines, and Delta all expect record-breaking passenger numbers.Stacey Barber, vice president of AAA Travel, said, “Thanksgiving is the busiest holiday for travel, and this year we're expecting to set new records across the board, from driving to flying and cruising.”Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

Amerikanista Martin Kovář v Press klubu by vsázel na Harrisovou, lépe řečeno by nevsázel, kdyby nemusel. Před deseti dny by jeho predikce byla opačná. Sdělil jak moc je společnost za mořem rozdělená. A popsal také, v jakém stavu je Amerika, neboť se odtamtud nedávno vrátil.

Shoot us a Text.On this Tuesday, we dive into GM's historic EV sales surge in China, explore how AI-powered voice assistants are changing the in-car experience, and look at Starbucks' new CEO's strategy to cut discounts and bring back the coffeehouse charm.Show Notes with links:General Motors has achieved a significant milestone in China, selling more electric and hybrid vehicles than ICE cars for the first time in Q3 2024.Total deliveries in China grew by 14.3% to more than 426K vehicles, across brands like Buick, Cadillac, Chevrolet, and SAIC-GM-Wuling, with over 224K being new energy vehicles (NEVs).The SAIC-GM-Wuling joint venture led GM's EV success, contributing 328K vehicles, driven by models like the Wuling Hong Guang MINI EV and BinguoEV.Buick's GL8 PHEV minivan hit a milestone as China's first premium multi-purpose vehicle to surpass 2 million units in sales, with 45% of its Q3 sales coming from the plug-in hybrid version.In the U.S., GM only delivered 32,000 EVs in Q3.Steve Hill, GM Senior Vice President, remarked: “We are building momentum for both sales volume and market share in China.”Automakers are struggling to keep control of the in-car experience as Apple and Google push their AI-powered voice assistants deeper into vehicles, shaping how drivers interact with their cars.Apple and Google's voice assistants are handling tasks like navigation, calendar access, and smart home control, using vast amounts of customer data to deliver highly personalized experiences.Automakers are losing ground because they don't have access to the same level of consumer data, which tech giants use to make voice interactions smoother and more intuitive.While companies like SoundHound AI offer alternatives, most automakers are outsourcing voice tech, avoiding the challenge of building their own.“Even within the vehicle, you're competing with what's on your mirror link or phone,” said Aakash Arora of Boston Consulting Group. Automakers are "not only competing with other OEMs, you may be competing with your own apps."Under new CEO Brian Niccol, Starbucks is cutting back on its recent discount-heavy strategy, aiming to return to its roots with a focus on premium coffee and customer service.Starbucks had introduced promotions like buy one, get one free and 50% off discounts to boost sales, but the results were underwhelming.The company plans to reduce promotions during the holiday season, instead focusing on seasonal drinks through advertising.Niccol took over as Starbucks CEO in September 2024, following declining sales and customer complaints and aims to restore Starbucks' reputation as a community-focused coffeehouse, with plans to revamp stores for a better customer experience."We have an opportunity to make the store experience better for our partners and, in turn, for our customers," Niccol said.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email

China has issued 300 billion yuan ($42.5 billion) in treasury bonds to support equipment upgrades andtrade-in deals for consumer goods, significantly boosting the growth of consumption and economic momentum, said the country's top economic regulator.据国家发展改革委消息，中国已发行3,000亿元人民币（425亿美元）国债资金用于支持大规模设备更新和消费品以旧换新，极大地促进了消费增长和经济动能。The special treasury bonds fund has been fully allocated, and the upgrading and trade-in policy has been implemented in various regions across the country, the National Development and Reform Commission said on Monday.国家发展改革委23日表示，目前国债资金已全面下达，大规模设备更新和消费品以旧换新政策在全国各地区推行实施。"The policy has effectively helped release consumption potential in the country, driving sales growth of related products such as automobiles and household appliances," said Zhao Chenxin, deputy head of the commission.国家发展改革委副主任赵辰昕表示：“该政策有力释放了国内消费潜力，带动汽车、家电等相关产品销售明显上涨。”"China is a giant that consumes a large amount of durable consumer goods, with the inventory of household appliances exceeding 3 billion units and cars over 300 million units. Improving the energy efficiency level of those existing products through trade-in deals will also help reduce China's overall energy consumption and carbon emissions," Zhao said.赵辰昕解释：“我国是耐用消费品保有大国，家电保有量超过30亿台，汽车保有量超过3亿辆。通过以旧换新提高这些存量产品的能效水平，将有助于降低我国总体能耗水平和碳排放强度。”In August, retail sales of passenger vehicles in China reached 1.91 million units, an increase of 10.8 percent compared with July. Sales of new energy vehicles hit 1.03 million units, a 17 percent increase over July, according to the China Automobile Dealers Association.据中国汽车流通协会统计，8月份，中国乘用车零售量达到191万辆，比7月份增长10.8%；新能源汽车零售量达到103万辆，比7月份增长17%。The penetration rate of NEVs in China has exceeded 50 percent for two consecutive months, and 2 million high-emission cars are expected to be phased out by the end of the year, the NDRC said.国家发展改革委表示，中国的新能源汽车渗透率连续两个月突破50%，预计全年将实现200万辆低排放标准乘用车退出。For consumers who scrap and replace polluting automobiles, subsidies of 20,000 yuan will be provided for the purchase of NEVs and 15,000 yuan for buying fuel-efficient passenger vehicles with displacement of 2.0 liters or below, according to the latest policy.根据最新政策，对于报废和更换污染严重的汽车的消费者，购买新能源乘用车可获2万元补贴，购买2.0升及以下排量燃油乘用车可获1.5万元补贴。"With the continuous promotion of the trade-in deals, a large amount of waste materials are expected to be generated in the near future. The NDRC will work with relevant departments to accelerate the building of a waste recycling system, covering various fields," Zhao said.“‘两新'工作持续推进将会在未来一段时间产生大量废旧物资，国家发展改革委将会同有关部门，加快构建覆盖各领域的废弃物循环利用体系。”赵辰昕说。Fu Yifu, a researcher at the Star Atlas Institute of Finance, said the trade-in deals are expected to boost household consumption while expanding domestic demand, and promote the upgrade of traditional industries and the high-quality growth of the economy.星图金融研究院研究员付一夫表示，消费品以旧换新政策有望在扩大内需的同时拉动家庭消费，促进传统产业升级和经济高质量增长。"A series of such subsidy policies can help lower the consumption threshold for residents and stimulate their willingness to trade in the old products for new ones," Fu said.“一系列这样的补贴政策有助于降低居民的消费门槛，刺激居民以旧换新的意愿。”付一夫说。He added that this will also help drive the upgrade of the whole industrial chain, from raw materials and parts to after-sale services.他补充道，这也将有助于推动从原材料和零部件到售后服务的整个产业链的升级。The policy has also helped lift the retail sales of household appliances and audiovisual equipment. In August, sales in those categories edged up 3.4 percent year-on-year, according to the National Bureau of Statistics.该政策还有助于家用电器和音像器材类零售额上升。国家统计局数据显示，8月份，这些类别的销售额同比增长了3.4%。For home appliances, older ones can be exchanged for new and better ones via e-commerce platforms and brick-and-mortar stores, and sales involving trade-in deals have grown rapidly. During Mid-Autumn Festival in mid-September, the home appliance market embraced a consumption peak.在家电方面，以旧换新可通过电商平台和实体店进行，相关销售额增长迅速。9月中旬中秋节期间，家电市场迎来消费高峰。On Chinese e-commerce platform JD.com, between Aug 26 and Sept 21, the sales value of air conditioners surged 240.5 percent year-on-year, with televisions up 130.6 percent and refrigerators 128.8 percent.8月26日至9月21日，中国电商平台京东的空调销售额同比增长240.5%，电视增长130.6%，冰箱则增长128.8%。JD said it is confident that the favorable policies will encourage more than 20 million consumers on its platform to participate in trade-in deals this year.京东表示，相信这些利好政策将鼓励其平台上超过2000万的消费者参与今年的以旧换新消费活动。trade-in deals以旧换新treasure bond国债allocatev. 分配；拨出subsidyn. 津贴；补贴after-sale service售后服务brick and mortar store实体店

Tu and Lei start the podcast out with an update on the EU tariffs on Chinese EV makers, this time including Tesla. Some initial tariff rates were reduced but not substantially. Tu moves the conversation over to the improvement in XPeng's earnings and the momentum they may have when launching the Mona M03.The discussion moves over to who the global players are in the autonomous vehicle space and when thinking of China the lines are blurred with the autonomous vehicle companies competing directly against the OEMs who are either developing their own intelligent driving system or are partnering with tech companies to integrate a solution into their NEVs. They both touch on the Volkswagen ID.Buzz van launch and how the specs just don't match anything out in China that's comparable. They also briefly discuss the Chevy Tahoe pricing that was revealed this week in a picture posted to social media.Tu and Lei close out the show by unpacking Zeekr's earnings call. 

Tu and Lei start the podcast out with a discussion on the China take rate on NEVs exceeding 50% in July for the first time. The discussion then shifts to reports that the Biden administration is looking at restricting Chinese connected, intelligent driving technology for use on US roads including the ability to collect data on Americans. They project how these restrictions may or may not be mimicked by the UK and EU, two places that also have voiced concerns re: national security, data security and privacy. They move onto Audi potentially not using their logo for their new Chinese EVs and evolves into a more detailed discussion about Audi's history in China. Tu ends the podcast clearing up a bad take from an American analyst who is trying to drum up clicks by writing about the Chinese govt wanting to kick all the foreign automakers out of China. 

“We used to drive Mercedes or BMW, but now we prefer Li Auto and BYD,” a local Kazakh told China Daily reporter Peng Yixuan. With more Chinese car companies investing in Kazakhstan, locals favor Chinese new-energy cars for their attractive price and design.

I veckans avsnitt pratar vi EU-valet och reder ut hur man ska rösta om man gillar elbilar. Dessutom hör vi om det förestående handelskriget mellan EU och Kina där elbilar står i fokus. Dessutom nya turer i försäljningen av NEVS till EV Electra, också pratar vi om hur man mest prisvärt finansierar sitt bilköp. Privatleasing, företagsleasing eller kontantköp med huslån? Stöd podden genom att bli plusprenumerant. För 29 kronor i månaden får du senaste avsnittet i förväg, slipper reklam och tillgång till alla avsnitt. Klicka på prenumereraknappen i Apple podcaster, sök upp Bilar med sladd+ på Spotify eller följ denna länk om du använder någon annan poddspelare: https://plus.acast.com/s/bilarmedsladd. Hosted on Acast. See acast.com/privacy for more information.

At the Beijing auto show 2024, 278 NEV models were on display, with Chinese car makers stealing the show and foreign carmakers feeling the pinch. German, Japanese and South Korean giants are teaming up with their Chinese partners to "catch up with Chinese carmakers." How advanced is China's NEV industry? Will these partnerships with Chinese players all become grist for the mill for foreign automakers? With more trade barriers on Chinese NEVs looming, is the West shooting itself in the foot?

① Chinese Premier Li Qiang meets Tesla CEO Elon Musk in Beijing. What message does the meeting send out? ② China's tech-driven NEVs wow global attendees at Beijing auto show.③ Israel says it may delay assault on Rafah in exchange for hostages. What are the main challenges there in reaching such an agreement? ④ Pro-Palestinian campus protests are spreading from the US to Europe. ⑤ US economy grew slower than expected at the start of 2024.

Experts: Issue exaggerated, should not be politicized专家：问题被夸大，不应政治化China should not be blamed for offering cost-effective new energy technologies and products to the world amid rising accusations of so-called overcapacity concerns, industry experts said on Wednesday.4月10日，电车行业专家表示，现在有人越来越担心中国电车产业出现产能过剩问题，进而对中国加以指责，无视中国为世界带来的高性价比新能源技术和产品，这是不合理的。They made the comments as United States Treasury Secretary Janet Yellen reportedly cautioned that China's overcapacity in electric vehicles, lithium-ion batteries and solar products will distort global prices.此外，有报道显示美国财政部长珍妮特·耶伦也发出了类似警告：中国电动汽车、锂离子电池和太阳能产品产能过剩将扰乱全球价格。"In conflating overcapacity and the broader issues of the EV market, Washington's narrative is way off the mark. It is the US market's high prices, not Chinese overcapacity, that hinder widespread EV adoption, given that Chinese EVs are completely excluded from the US currently," said Wang Xin, associate professor of China Studies and director of Asian Studies in the department of languages and cultures at Baylor University in the US.美国贝勒大学语言与文化系中国研究副教授、亚洲研究主任王欣表示，美国财政部部长将产能过剩和电动汽车市场的系统性问题混为一谈的说法完全不切实际。因为美国市场目前根本不允许中国电动汽车进入，阻止电车在美国大范围推行的不是中国的产能过剩，而是自身的高价。Wang said that last year, the EV share of the total US vehicle market was only 7.6 percent, and while US consumers have limited choices with new EVs averaging around $50,000, China's largest EV maker, BYD, offers a subcompact, Seagull, for less than $10,000.王欣认为，去年电动汽车占美国汽车市场总量的份额仅为7.6%。美国电车市场选择有限，平均售价在5万美元左右。而中国最大的电动汽车制造商比亚迪推出的小型电车Seagull价格仅不到10,000美元。"In contrast, the US is lagging in realizing even its EV infrastructure ambitions. China has nothing to do with this slow rollout. Unlike the protectionist stance adopted by the US, China's approach prioritizes industry-wide growth rather than narrow corporate and political interests," he added.与中国相比，美国在电动汽车基础设施方面也“落后于人”。这显然不能归咎于中国。与美国的保护主义立场不同，中国永远将行业整体增长摆在首位，而非狭隘的企业利润和政治利益。Zhang Xiang, an auto sector researcher at North China University of Technology, said that the rise of China's new energy industry is fundamentally a result of its ultra-large-scale market, complete industrial system and abundant human resources. "It is not reasonable to leverage political power to hinder the public's access to China's cost-effective new energy technologies and affect the prospects of global green transformation," he said.华北理工大学汽车行业研究员张翔表示，中国新能源产业的崛起，离不开超大规模的市场、完整的产业体系和丰富的人力资源。美国政府不应该利用政治力量阻碍美国公众享受中国高性价比新能源技术带来的好处，不应该成为全球绿色转型的绊脚石。Zhang added that China's overcapacity problem has been "exaggerated", as industrial overcapacity could happen in any sector in any country, and should not be politicized. "Whether there is overcapacity should be based on global market demand and future development potential, and the market adjusts itself according to the law of value," he added.张翔补充说，中国的产能过剩问题被“夸大”了，因为工业产能过剩可能发生在任何国家的任何行业，不应该被政治化。是否存在产能过剩，要参考全球市场需求和未来发展潜力，市场会根据价值规律进行自我调节。Bloomberg also said in a recent report that from the rest of the world's perspective, overcapacity can be felt through lower prices, and China's automobile exports, which surged last year as the country overtook Japan as the world's top car exporter, actually became more expensive, which suggested their rising attractiveness isn't due to price cuts.彭博社最近的一份报告也表达了同样的观点，纵观世界其他地区的汽车市场，产能过剩会导致低价格。而去年中国超越日本成为全球最大汽车出口国，出口大幅增长，价格也水涨船高。这都说明中国电车日益受欢迎并不是因为降价。Lu Yan, an industry veteran and independent analyst, pointed out that China is indeed in the process of gradually optimizing the structure of the production capacity of traditional fuel vehicles and increasing the production capacity of new energy vehicles. "Some regions are doing well and some are not doing well enough. But it is a structural and cyclical excess and that is where strategies will need to be adjusted in some regions in the future," Lu said.行业资深人士、独立分析师卢岩指出，中国确实正在优化燃油车产能，增加新能源汽车产量，推进电车行业的结构调整。有些领域做得很好，有些还做得不尽如人意，但这是个系统周期问题，未来确实需要下功夫解决。On the contrary, rising protectionism from Western economies like the US and Europe will not offer a fair competition market for green energy, and may lead to the penetration of NEVs not occurring in an expected way, he added.The EU Commission also announced earlier this week that it will launch an inquiry into alleged Chinese subsidies for suppliers of wind turbines.反观美国和欧洲等西方经济体，保护主义抬头，拒绝为绿色能源提供公平竞争的市场环境，这极有可能导致新能源汽车保有率无法达到预期。欧盟委员会本周早些时候还宣布将对中国涉嫌向风力涡轮机供应商提供补贴的指控展开调查。lithium-ion battery锂离子电池penetration of NEV新能源汽车保有率

- Shell Dumping Gas Stations for EV Charging Network - Geely Posts Stronger Sales, Profits - NEVs About to Hit 50% Market Share in China - Bankrupt EV Brands Revived in China  - Stellantis Developing Lidar-On-A-Chip  - German Auto Industry to Lose 100,000 Jobs - Forvia Posts Strong Sales, Profits - All-New Peugeot 5008 On Stella Large - Hyundai Santa Fe Pricing  - VW and Mobileye Partner for Level 2 and 3

- Shell Dumping Gas Stations for EV Charging Network - Geely Posts Stronger Sales, Profits - NEVs About to Hit 50% Market Share in China - Bankrupt EV Brands Revived in China  - Stellantis Developing Lidar-On-A-Chip  - German Auto Industry to Lose 100,000 Jobs - Forvia Posts Strong Sales, Profits - All-New Peugeot 5008 On Stella Large - Hyundai Santa Fe Pricing  - VW and Mobileye Partner for Level 2 and 3

In 2023, China's automobile export volume skyrocketed to the top globally for the first time, with a significant increase in sales of new energy vehicles or NEVs. Not only has the domestic NEV industry chain continuously improved in recent years, but they now account for a very large share of the global market. What's behind the impressive growth of China's NEV sector? How does it fare in the bigger picture of China's high-quality development? And is China trying to "outdo the West by dominating this market", as some foreign media have suggested?

Regeringen pekar med hela handen: vi ska ha ny kärnkraft, men frågan är vem som får betala? Och så skrivs sista kapitlet i sagan om NEVS när el-Saabarna blir kanadensiska – eller? EU vill säkra tillgången till kritiska råmaterial för batterier, Alfred har grottat ner sig i Tesla-strejken och Fabian har sett på Teslaskräckis. Och så kröner vi säsongavslutningen med djupdykning i alla som finns att veta om Cybertruck som äntligen är här! Stöd podden genom att bli plusprenumerant. För 29 kronor i månaden får du senaste avsnittet i förväg, slipper reklam och tillgång till alla avsnitt. Klicka på prenumereraknappen i Apple podcaster, sök upp Bilar med sladd+ på Spotify eller följ denna länk om du använder någon annan poddspelare: https://plus.acast.com/s/bilarmedsladd. Hosted on Acast. See acast.com/privacy for more information.

My guest is Ethan Robertson, host of Wheelsboy, the leading English-language automotive reviewer in China, about China's Cambrian Explosion of New Energy Vehicle manufacturers, their intense competition for relevance, and how they stack up against Western and Japanese firms, including Tesla. Wheelsboy produces the best car reviews I've ever watched and if you like this interview, you must check out their YouTube channel. Their most popular video is a review of the Hongqi H9, The Chinese S-Class that looks like a Rolls-Royce and Drives like a… Some of my favourite videos are: Hengchi 5: How $300 Billion In Debt And The World's Top Auto Designers Created A Mediocre Car The World's Cheapest EV Convertible Is Delightfully Awful (Wuling MINI EV Cabrio) Gaze Upon The Face Of The Trumpchi M8 And Tremble! MG Cyberster: MG Is Back, Baby! New School vs Old School- Li Auto L9 vs BMW X7

In a historic vote, Republican Kevin McCarthy has been ousted as Speaker of the U.S. House of Representatives (2:38). Passenger numbers have surged as Chinese travelers enjoy an extended holiday period (10:09). And China has expressed strong opposition to a European anti-subsidy investigation involving Chinese-made new energy vehicles (19:19).

Lei kicks off the podcast with how he randomly bumped into Frank Wu at the Jidu, now JiYue Experience Center in Beijing. Tu believes that after seeing the features on their first vehicle, that if executed properly - could push the entire sector into the smartification phase of the EV transition. Tu moves the conversation over to Zeekr's price cut while Lei then talks about their recent subscription service. Tu stops the podcast to congratulate BYD on building their 5 millionth NEV. Both Tu and Lei marvel at the speed at which they got to the last from 1 million to 5 million units. Lei broadens out the discussion to talk about China recently hitting 20 million NEVs built in China and what a massive accomplishment that was. Tu addresses the BYD haters by pointing to the fact that Toyota, widely considered one of the best in the biz, is using BYD tech for the China market. They wouldn't be doing that if they thought BYD product were inferior. Lei updates about some recent news about Huawei and Tu talks about a recent announcement by the Chinese govt effectively doubling down on hydrogen technology as a viable powertrain option and how till now, very few OEMs besides one or two Japanese OEMs seem to be committed to it. Tu and Lei close out the podcast with an announcement about their latest MAX episode with Philipp Sayler von Amende, Co-founder & CEO of carwow Germany which will drop the week of IAA Mobility Munich.

Jim Farley's Electric Expedition Across the American West Jim Farley, Ford's CEO, embarks on a trailblazing journey across the American West in an F-150 Lightning. With a desire to connect with EV drivers, researchers, and communities, he's taking to the road where millions have switched from fueling stations to charging stations. Farley's trip celebrates a new way of experiencing America and heralds a shift in how we engage with transportation technology. A New Era at Tesla: Zachary Kirkhorn Steps Down, Vaibhav Taneja Takes Helm as CFO In a significant leadership transition, Tesla's CFO, Zachary Kirkhorn, has announced his resignation after a 13-year association with the company. Replacing him will be Vaibhav Taneja, a key figure within Tesla since 2017. While the stock reacted to the news with a 1.3% drop, the transition appears smooth, with Kirkhorn assisting through the end of the year. Green Ambitions: Shanghai's Bold Plan for Over 50% BEV Sales by 2025 Shanghai's commitment to new energy vehicles (NEVs) takes a giant leap forward, with the city planning to make over half of new vehicle purchases BEVs by 2025. In a city renowned for its embrace of electric vehicles, these ambitious targets include transitioning public sector vehicles and promoting electric and hydrogen fuel cell freight vehicles. Integrity at Stake: Canoo Faces $1.5 Million SEC Fine for Misleading Revenue Forecasts The U.S. Securities and Exchange Commission (SEC) has penalized EV startup Canoo for allegedly misleading investors during its IPO with inflated revenue forecasts. Former executives, including CEO Ulrich Kranz, are facing fines and bans, reflecting the serious nature of the charges. A Shift in Strategy: Electrify America's New Station-Specific Pricing and Idle Fees Charging infrastructure provider Electrify America is introducing a fresh pricing model, transitioning from uniform pricing to station-specific rates. Coupled with the reintroduction of idle fees, these changes signal a new phase in Electrify America's approach, with potential benefits and challenges for EV drivers. A Leap Forward: Samsung SDI's Remarkable Early Success in 46xx Batteries Development Samsung SDI is making waves in the EV battery industry with early successes in its development of 46xx-type cylindrical battery cells. Achieving performance targets ahead of schedule, Samsung is now preparing samples for customers, paving the way for potential widespread adoption of this new battery technology. Nostalgia Meets Innovation: Mini Cooper's 2024 EV Model Melds Classic Design with Woodland Sounds The 2024 Mini Cooper EV takes a retro-futuristic leap, merging timeless aesthetics with modern technology. From eight diverse drive modes that include woodland sounds to the recreation of classic Mini exhaust notes, this new model is an ode to Mini Cooper's heritage, wrapped in innovation. Audi's RS6 Saloon to Return as Electric Rival in 2025 Audi Sport is reviving the RS6 saloon as an electric RS6 E-tron to compete with BMW's and Mercedes' new models. Expected to launch in the UK in 2025, it will build on Audi's upcoming A6 E-tron models and feature a specially developed electric drivetrain, partly engineered with Porsche. The dual-motor system, 800V architecture, and fully variable electric Quattro system could make them the fastest-accelerating saloon and estate combinations. Other models will also use Audi's Premium Platform Electric (PPE) structure. BYD-Alexander Dennis Celebrates Delivery of 1,500th Electric Bus BYD UK and Alexander Dennis have delivered their 1,500th electric bus to Go-Ahead London. This partnership has been supplying electric buses since 2016, with Go-Ahead London being the largest single customer. Beyond the UK, these electric buses have also reached markets like Ireland and New Zealand. UK to Launch Europe's First Lithium Refinery, Aiming to Power a Million EVs The UK is building Europe's first lithium refinery to support EV battery production. Green Lithium will construct the facility, which will produce 50,000 tonnes of battery-grade lithium annually starting in 2027. The company is also committed to reducing carbon footprints by 80% using renewable technologies. This initiative supports the global shift towards more sustainable energy and transportation systems. Chinese Suppliers Flock to Mexico to Support Tesla's New Gigafactory 6 Chinese car component makers are expanding to Mexico to support Tesla's Gigafactory 6. Several Chinese companies, such as Ningbo Xusheng Group, Zhejiang Sanhua Intelligent Controls, and Tuopu Group, are investing in manufacturing facilities to assist Tesla's upcoming Mexican factory, which is expected to produce 1 million units annually from 2024. Lower Saxony Shifts from Hydrogen to Cheaper Battery Electric Trains Lower Saxony in Germany is moving from hydrogen to battery electric trains after finding them to be more cost-effective. The state will begin operating 102 battery electric trains in 2029, charging them using overhead lines or specialized charging islands. Diesel-fueled trains are planned to be phased out by 2037. Rimac Nevera Outruns Formula 1 Car in a Thrilling Quarter-Mile Drag Race The Rimac Nevera, an all-wheel-drive electric hypercar, outran an F1 car and the McMurtry Speirling in a quarter-mile drag race. Although the F1 car was designed for track racing and not drag racing, the race provided an entertaining comparison between different types of racing cars. The Rimac Nevera's victory demonstrates the power and capabilities of electric vehicles.

Nûçeyên giring yên Swêdê îro 04.08.2023 ji podkasta bea kurdî ya Radyoya Swêdê.

Chinese companies have overtaken their United States counterparts in terms of number on this year's Fortune Global 500 list, which was unveiled on Wednesday and tracks the world's richest enterprises in terms of revenue.今年《财富》世界500强排行榜上，中国企业的数量已超过美国。该榜单于8月2日公布，以收入衡量全球最富有的企业。Industry experts said the list shows China's growing prowess in emerging sectors, such as new energy, on the global stage.行业专家表示，这份榜单显示了中国在新能源等新兴领域在全球舞台上不断增强的实力。A total of 142 Chinese companies, including those in Taiwan, made it to the annual list, marking the fifth consecutive year that Chinese companies topped the list in terms of number. The US and Japan followed with 136 and 41 enterprises, respectively.包括台湾企业在内，共有142家中国企业上榜，连续第五年中国企业数量位居榜首。美国和日本分别以136家和41家企业紧随其后。China's Contemporary Amperex Technology Co Ltd—the world's largest electric vehicle battery maker—debuted on the list this year and ranked 292nd.全球最大的电动汽车电池制造商中国宁德时代新能源科技股份有限公司今年首次上榜，排名第292位。Another Chinese company, new energy vehicle manufacturer BYD, jumped 12 spots compared with last year to rank 212th.另一家中国企业新能源汽车制造商比亚迪较去年上升12位，排名第212位。In total, nine Chinese vehicle manufacturers have made it to the list, with most of them gaining ground with new energy vehicle technologies.共有9家中国汽车制造商上榜，其中大部分都凭借新能源汽车技术取得了进展。Wang Peng, a senior researcher at the Beijing Academy of Social Sciences, said this collective performance of Chinese companies demonstrated China's increasing international influence on the new energy sector. "China has gained momentum in NEV-related technologies and products in recent years," he said.北京市社会科学院高级研究员王鹏表示，中国企业的集体表现表明中国在新能源领域的国际影响力日益增强。他说：“近年来，中国在新能源汽车相关技术和产品方面取得了长足发展。”新能源汽车技术正在取得进展。Many Chinese NEV companies have taken the lead globally with their technological breakthroughs in the new energy sector, according to Wang. He said that given the country's huge market, "Chinese companies in the new energy sector are expected to have more presence on the global stage in the coming years".他表示，许多中国新能源汽车企业在新能源领域的技术突破已经走在了全球的前面。他表示，鉴于中国巨大的市场，“预计未来几年中国新能源领域的企业将在全球舞台上有更多的存在”。China sold about 6.89 million NEVs last year, an increase of more than 93 percent year-on-year, according to the China Association of Automobile Manufacturers.中国汽车工业协会的数据显示，去年中国新能源汽车销量约为689万辆，同比增长93%以上。A report released by market consultancy SNE Research last year showed that Chinese companies accounted for six of the top 10 NEV battery makers globally in terms of installation.韩国调研机构SNE Research去年发布的一份报告显示，全球装机量前10名的新能源汽车电池制造商中，中国企业占据了6席。However, Wang Zhile, a former senior researcher at the Chinese Academy of International Trade and Economic Cooperation, said in a note that the ranks of many leading Chinese companies have declined this year, and the gap between their average profit and that of the other Fortune Global 500 companies has widened.不过，商务部国际贸易经济合作研究院研究员王志乐在报告中写道，今年许多中国龙头企业的排名有所下降，平均利润与其他《财富》杂志的差距也很大。世界500强企业规模不断扩大。The average profit of companies from the Chinese mainland and Hong Kong on the list is $3.9 billion, lower than the global average of $5.8 billion and US firms' $8 billion.中国内地和香港上榜企业的平均利润为39亿美元，低于全球平均水平58亿美元和美国企业的80亿美元。The COVID-19 pandemic and conflicts around the world have changed the global economy, and the global industrial chain has started to restructure, he said.他表示，新冠肺炎疫情和世界各地的冲突改变了全球经济，全球产业链开始重组。"These external factors have affected the development of Chinese companies to some extent. Big Chinese names still face some challenges in their high-quality development," he added.“这些外部因素在一定程度上影响了中国企业的发展，中国企业高质量发展仍面临一些挑战。”Vehicle英/ˈviːəkl/ 美/ˈviːək(ə)l/n.交通工具，车辆Enterprise英/ˈentəpraɪz/ 美/ˈentərpraɪz/n.企业，事业单位

①China to carry out scientific exploration during manned lunar mission ②Game of the brave: crossing Yangtze a lifestyle of Wuhan people ③World's largest solar telescope begins test run in SW China ④Enhanced charging infrastructure propels NEVs into rural market ⑤Florida's rising water temperatures raise concerns of coral reefs

Discover how the latest tax policy in China benefits NIO, a leading electric vehicle manufacturer. With a tax exemption on NEVs from January 2024 to December 2025, and reduced tax rates from 2026 to 2027, NIO vehicles become more affordable and appealing to buyers. This video explains the advantages of the tax policy, including support for energy-efficient vehicles and battery swap technology.The Middle East is one of the world's most oil-rich regions, but it is also one of the most vulnerable to climate change. In order to reduce its carbon footprint, the Middle East is investing heavily in new energy technologies, including electric vehicles.NIO is a Chinese electric vehicle company that is well-positioned to benefit from this trend. The company has developed a number of innovative technologies, including its battery swapping system, which allows drivers to quickly and easily swap out their depleted batteries for fully charged ones. Free stocks from WeBull:https://www.webull.com/activity?inviteCode=fBYRrgxBolWr&inviteSource=wb_inf&source=CourtsideFinancial Join the free discord :https://discord.gg/neABZcGQ Tags: nio stock,should i buy nio stock now,NIO STOCK TODAY,nio et5,nio et7,nio stock analysis,nio stock price predictions,nio stock news,nio deliveries,nio price prediction,NIO stock latest news today,nio price target 2023,nio delivery numbers,nio car delivery,nio ownership,nio owner review,nio customer reviews,nio performance car,nio baas,nio battery swap,NIO Stock Stock moe,Nio Deliveries,NIO review,NIO china,NIO Investor,NIO shareholder --- Support this podcast: https://podcasters.spotify.com/pod/show/courtsidefinancial/support

O governo federal australiano anunciou uma nova Estratégia Nacional de Veículos Elétricos (NEVS - na sigla em inglês) em uma tentativa de colocar carros mais ecológicos nas estradas do país.

Past years have seen technology developing at an accelerated rate and the year 2022 was no different. The stuff of movies and science fiction is quickly becoming a reality, like flying cars, robots, and autonomous vehicles, just to name a few; all of which we covered on the Future Car podcast last year.  To commemorate 2022, we created a special episode dedicated to last year's best Future Car bits. Today, you'll hear from three of our most listened-to guests of 2022, from whom you've learned about the future of technology and what they're currently doing to make it a reality: Siemens' CEO Barbara Humpton, Chief Strategy Officer at Boston Dynamics, Marc Theermann, and  NEVS' VP of Mobility Solutions Felix Andlauer. Be sure to listen until the very end of the episode to hear exciting news about Future Car's first 2023 guest.   What You'll Learn in this Episode: The three fundamental problems autonomous vehicles should solve (02:42) Privacy within autonomous ridesharing (05:24) The importance of using a user-centric holistic approach to designing NEVS' autonomous vehicles (09:10) Why we should care about the Internet of Things (12:31) What Siemens is doing to help with the infrastructure (13:45) Why children should play video games (20:48) How will robots enrich our lives (23:41) The different perceptions about robots (29:19) The current market demand for robots (31:32) Connect with Felix Andlauer:  LinkedIn NEVS Connect with Barbara Humpton:  LinkedIn Siemens USA Connect with Marc Theermann:  LinkedIn Website Connect with Ed Bernardon: LinkedIn Future Car: Driving a Lifestyle Revolution Motorsports is speeding the way to safer urban mobility Siemens Digital Industries Software

 It's EV News Briefly for Saturday 4th March. I'll be back as usual at 5pm UK time, that's Midday Eastern, for the full podcast.  Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here.  Tesla has started deploying its Supercharger V4, an upgrade to its DC fast-charging stations, with a station spotted under construction in the Netherlands featuring much larger stalls and potentially higher charge rates. The new Supercharger V4 also offers a longer cable, a crucial upgrade for accommodating non-Tesla electric vehicles that have different charge port locations.  Germany's electric vehicle market share has risen to 15.7%, with over one million electric cars now registered. Despite a decline in new plug-in hybrid registrations, the number of electric cars on German roads increased by 63.8% compared to the previous year.  Norway's plugin electric vehicle market continues to expand, with a 90.1% share of all new auto sales in February 2023, driven by the growth of full electric vehicles (BEVs) such as the Tesla Model Y.  Electric vehicle sales reached a record high in Australia in February, with a 6.8% share of new car sales, according to data compiled by vFacts on behalf of the Federated Chamber of Automotive Industries. Tesla dominated the market, accounting for 60% of electric vehicle sales in the month.  Tesla sold 74,402 China-made electric vehicles in February 2023, an increase from the previous year's 4,630 cars. The Model Y was the most popular vehicle, with 39,579 units sold, followed by the Model 3 with 33,120 units sold.  Chinese automaker BYD has reported a 119% increase in sales of its new energy vehicles (NEVs) in 2022, selling a total of 589,577 units, due to its continued investment in R&D, partnerships with major tech companies and expansion into global markets. BYD's success in the NEV market is attributed to its commitment to sustainability and expansion into new markets, as demand for environmentally friendly vehicles continues to grow.  Volkswagen Group has announced plans to build a $2 billion assembly plant in South Carolina to manufacture battery-electric pickups and SUVs for its nascent Scout Motors brand. The plant will bring an estimated 4,000 jobs and have an annual capacity of over 200,000.  Rivian will release a new variant of its R1S electric SUV, the 2023 R1S with the Max Pack battery and dual-motor AWD powertrain, with an expected driving range of up to 390 miles and an acceleration time of 3.5 seconds from zero to 60 mph. The upcoming R1S will also be fitted with Rivian's new in-house-designed Enduro drive unit.  Ford is set to triple the production of its electric F-150 Lightning this year, after fixing a battery issue that caused production to pause.  US Transportation Secretary Pete Buttigieg visited the BlueOval SK Battery Park in Glendale, Kentucky, to highlight the importance of electric vehicle manufacturing jobs in the region. The battery park, a joint venture between Ford Motor and SK On, is expected to create 5,000 new jobs and will be the largest battery park in the world.  Mercedes-Benz has launched a battery recycling program with two Chinese companies, CATL and GEM, to promote sustainable production and disposal of EV batteries. The program will be carried out in China, where CATL and GEM will recycle Mercedes-Benz EV batteries and extract raw materials such as cobalt, nickel, and lithium for reuse in new batteries. The companies aim to create a closed-loop system that will enable up to 95% of the raw materials from used batteries to be recovered and reused.  According to a report by the International Council on Clean Transportation (ICCT), electric vehicles (EVs) in the United States are being driven farther per trip than ever before, nearly equaling the distance traveled by gasoline-powered vehicles.  Range anxiety is a relic of the past and no longer relevant to today's EVs. Modern EVs offer ranges of 200-300 miles or more on a single charge, which is more than enough for the vast majority of daily driving needs. 

Tu and Lei start out this pod with a brief discussion on China's economy and what the govt may do after Chinese New Year (CNY) to stimulate the economy if they see any signs of weakness including re-upping on subsidies for NEVs. They then spend a few minutes reminiscing about their earlier days in China and the wild CNY celebrations that included many fireworks usually in the middle of high traffic'd roads. The conversation moves to speculation about who else may follow Tesla to slash the pricing of their products. Lei takes a few minutes to explain all of the different sales numbers that are being used to describe 2022 China NEV sales since it's a bit confusing to many people. The pod ends with a brief discussion of the growth of exports coming out of China likely to grow significantly into the EU with a big exporter likely to be BYD. 

➤ Tesla delivered a record 1.3 million vehicles in 2022, but disappointed Wall Street ➤ Tesla TSLA Q4 2022 vehicle delivery and production numbers ➤ Tesla Semi's Best-Kept Secrets Revealed as an Unexpected New Year's Present ➤ Tesla in top spot in Norway's race to EV goal ➤ Tesla Kicks Off New Year in China by Extending Incentive Offers ➤ Exclusive: Tesla's head of China takes over sales in North America ➤ BYD sells 235,197 NEVs in Dec, up 2% from Nov ➤ Report: Polestar Achieved Its Goal Of 50,000 Deliveries In 2022 ➤ Lucid Motors ends 2022 by with Lucid Air Pure's first deliveries ➤ Taxis are “greening” in Greece – The Skrekas announcement ➤ Inductive taxi charging project completed in Cologne ➤ Mystery German EV Maker Moves to 900v Tech ➤ Non-China EV Battery Supply Chains Likely to Expand ➤ VW announces it will reveal new EV at CES 2023 ➤ Carlos Sainz has won the opening stage of the Dakar Rally

In the past, designing a vehicle required addressing issues such as speed, handling, safety, and efficiency, among others. While this is complicated, it is much easier compared to what it'll take to build autonomous vehicles.Not only do you have to take care of all the vehicle design challenges, but you also have to design its ecosystem. You must consider how it will connect with the infrastructure, its users, and the controller. Effectively combining all of these needs requires the collaboration of engineers from different disciplines.In this episode, the second part of two, Ed Bernardon interviews Felix Andlauer, VP of Mobility Solutions at NEVS – a Swedish electric and autonomous vehicle (AV) manufacturer founded in 2012 with the vision of shaping mobility for a sustainable future. He'll help us understand what it'll take to adopt AVs fully.Some Questions I Ask:How far away do you think we are from having an autonomous vehicle? (01:43)What have you done to the vehicle to protect the passenger? (07:25)Do you think there will be a standard language for AVs? (20:13)Why do you have a remote driver system? (21:39)What You'll Learn in this Episode:How a NEVS car safety design differs from other AVs (04:55)How NEVS handles the range problem (08:22)What it'll take to create a smart mobility ecosystem (15:42)How to make engineers work together (25:17)Connect with Felix Andlauer: LinkedInNEVSConnect with Ed Bernardon:LinkedInFuture Car: Driving a Lifestyle RevolutionMotorsports is speeding the way to safer urban mobilitySiemens Digital Industries Software Hosted on Acast. See acast.com/privacy for more information.

One of the biggest barriers to ride-sharing is the loss of privacy.Most people prefer to ride in a car in silence without feeling like they are being rude. This is one of the biggest benefits of owning a personal car.However, the congestion brought about by people's love for personal cars is simply not sustainable. That's because it significantly increases carbon emissions and degrades the rider's experience.Solving this problem would require an affordable electric mobility service that supports ride-sharing and still offers privacy whenever it's needed. That is exactly what one company is seeking to achieve.In this episode, the first part of two, Ed Bernardon interviews Felix Andlauer, VP of Mobility Solutions at NEVS – a Swedish electric and autonomous vehicle (AV) manufacturer founded in 2012 with the vision of shaping mobility for a sustainable future. He'll help us understand the goals of AVs and what it will take to make them sustainable.Some Questions I Ask:What problem should autonomous cars be solving? (05:23)How do you create a sense of privacy in ride-sharing? (09:47)Is the need for privacy the same in all markets around the world? (14:39)What policies do you think should be put in place to take advantage of AVs? (16:50)What You'll Learn in this Episode:How NEVS addresses the congestion, land use, and electrification issues (06:20)How a NEVS car differs from other AVs (20:06)What NEVS learned from a workshop with differently-abled people (24:06)The different components contained in NEVS AV (26:54)Connect with Felix Andlauer: LinkedInNEVSConnect with Ed Bernardon:LinkedInFuture Car: Driving a Lifestyle RevolutionMotorsports is speeding the way to safer urban mobilitySiemens Digital Industries Software Hosted on Acast. See acast.com/privacy for more information.

➤ CEO Jim Farley: Ford To Produce EV Components In-House For Success ➤ Model S Receives 5-Star Euro NCAP Safety Rating | Tesla UK ➤ World premiere for fifth-generation Toyota Prius, 100% Plug-in Hybrid for Europe ➤ New Fiat 500 EV Coming Stateside, Will Be Shown In Los Angeles | Carscoops ➤ NIO ET7 Achieves Five-Star Rating in Euro NCAP and Green NCAP Tests | NIO ➤ Nio delivers their first ET7 in Sweden - electrive.com ➤ Thierry Bolloré steps down as CEO of Jaguar Land Rover | Jaguar Land Rover | The Guardian ➤ China has exempted about $10 billion in purchase taxes on NEVs so far this year - CnEVPost ➤ New app helps dealers demonstrate EV ownership costs | Autocar ➤ Tesla Giga Shanghai vehicle exports continue amid Q4 push

➤ BMW iX1 Reviews From CAR, Autocar and AutoExpress ➤ BMW i1 And i2 Entry Level EVs Here In 2027, 2028 ➤ BMW Expects Electric Car Sales to Jump 70% Next Year on Strong Demand ➤ Chevrolet Kicks Off Campaign With New Ad: EVs For Everyone ➤ Mercedes backed Smart #1 EV launches in China ➤ Mercedes-Benz Trucks Presents eActros LongHaul for Long Distance ➤ CATL Inks Multiple Deals with OEMs at IAA Transportation ➤ Ford CEO Farley watching Tesla behavior, dealerships in Norway ➤ PowerCo and Umicore establish joint venture for European battery materials production ➤ China extends purchase-tax waiver for NEVs to end-2023 to support sector's growth ➤ Sixt wants to electrify up to 90% of its European fleet by 2030 ➤ Connected Kerb secures up to £110 million from Aviva ➤ Electric car charging costs nearing petrol prices for some

Tu & Lei start this podcast out confirming their prediction that the State Council would extend the NEV purchase tax exemption was correct. They then take a few moments to compare and contrast the speed and amount at which announcements and news comes out of the China market vs. the US & European markets. The conversation moves on to how China EV Inc collectively is investing in vertical integration in order to compete against one another, but to compete globally even if they're not profitable. Lei moves the discussion over to the XPeng earnings call and some of the notable takeaways from it. Tu then poses a question to Lei - When does he think the China market will reach 50% take rate on NEVs.Tu and Lei take a few minutes to discuss the launch of the electric Dodge Charger and the controversial artificial engine noise that's digitally produced when the car is accelerating. Tu and Lei close out the pod by chatting about the Detroit Auto show and where they'll be specifically that they'll be attending a happy hour at The Brakeman off of Woodward Avenue in Detroit on September 12th starting at 5pm. 

➤ Volkswagen CEO says EV outlook is ‘very good,' expects to reduce delivery times this year ➤ Volkswagen announces $20 billion effort to build its own EV batteries ➤ Ground breaking in Salzgitter: Volkswagen enters global battery business with “PowerCo” ➤ Hot Hyundai IONIQ 5 N Testing Around The ‘Ring ➤ EU Clamps Down On Fake PHEV Models ➤ China Looking to Extend EV and Car Tax Exemptions3 ➤ West Coast EV charging network EVCS raises $68.8M to expand fast charger footprint ➤ More Americans Would “Definitely” Get Electric Vehicles, Consumer Reports Survey Shows ➤ SAIC to Launch 16 Electric Car Models Based on New Nebula Platform ➤ SAIC sells 91,297 NEVs in June, up 27% from May ➤ Tesla Virtual Powerwall Update

Show #1524 Good morning, good afternoon, and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It's Thursday 7th July, it's Martyn Lee here and I go through every EV story so you don't have to. RIVIAN SAYS IT'S ON TRACK TO DELIVER 25,000 VEHICLES THIS YEAR "Rivian said Wednesday the company produced 4,401 electric vehicles at its manufacturing facility in Normal, Illinois, and delivered 4,467 during the quarter ended June 30. In the first quarter of 2022, Rivian produced 2,553 vehicles and delivered 1,227. That includes a mix of the Rivian R1T pickup truck, R1S SUV and the EDV commercial electric vans it is making for Amazon. The automaker's top priority this summer is ramping up production at its Normal factory by introducing a second shift. It also plans to break ground on a $5 billion facility in Georgia, which awarded the automaker the state's largest-ever incentives package of $1.5 billion." Original Source: https://techcrunch.com/2022/07/06/rivian-says-its-on-track-to-deliver-25000-vehicles-this-year/ US: FORD EV SALES INCREASED 77% IN JUNE "Ford's all-electric vehicle sales increased quickly. In June, the company sold 4,353 BEVs, which is 77% more than a year ago and 3.0% of the total volume.  The number includes 1,837 Ford F-150 Lightning electric pickups and 1,957 Ford Mustang Mach-E. We estimated that Ford E-Transit sales stand at 559 (based on the cumulative number and previous reports). According to Ford, going into July, both F-150 Lightning and Mach-E dealer stock is higher than in June, which heralds stronger July sales ahead.  Noteworthy is also that over 70% of BEV sales are customers coming from other competitor brands. In the second quarter of 2022, Ford sold 15,527 all-electric vehicles (up 144% year-over-year), while so far this year sales almost reached 23,000 (up 77%)." Original Source: https://insideevs.com/news/596347/us-ford-ev-sales-june-2022/ TESLA MODEL Y IS SWEDEN'S BEST-SELLING CAR IN JUNE "Despite significant difficulties in Q2 2022, Tesla still achieved high success in Europe. Its Model Y and Model 3 were the best-selling electric vehicles in June in several countries. The more sales data we get, the more we learn about the success of the manufacturer's vehicles. It was recently revealed that Model Y became the best-selling car in Norway in June, where EVs took 78.7% of the market share. In addition, the vehicle became the best-selling electric car in Sweden. However, sales figures for all cars in the country, not just EVs, are now available, and Model Y's success appears to be far greater than only in the EV market." Original Source: https://www.tesmanian.com/blogs/tesmanian-blog/tesla-model-y-is-the-best-selling-car-in-sweden-in-june-2022-beating-its-polluting-rivals NON-TESLA SUPERCHARGER US PILOT “Tesla is expanding production capacity of power electronics components that convert alternating current to direct current, charging cabinets, posts, and cables. Later this year, Tesla will begin production of new Supercharger equipment that will enable non-Tesla EV drivers in North America to use Tesla Superchargers,” wrote the Biden-Harris Administration. "The pilot program would open the Supercharger Network with over 35,000 Superchargers worldwide to non-Tesla vehicles in the United States. As of this writing, the non-Tesla Supercharger Pilot is available in most of Europe, including those listed below.  France, The Netherlands, Norway, United Kingdom, Spain, Sweden, Belgium, Austria, Denmark, Finland , Germany, Luxembourg and Switzerland" Original Source: https://www.teslarati.com/non-tesla-supercharger-pilot-united-states-launch/ TESLA SOLD 78,000 CHINA-MADE VEHICLES IN JUNE " U.S. electric vehicle maker Tesla Inc (TSLA.O) sold around 78,000 China-made vehicles in June, preliminary estimates published by the China Passenger Car Association (CPCA) showed on Wednesday.   This was up 142% from May, when Tesla sold 32,165 China-made vehicles, and up 135% from a year ago. The plant is undergoing an upgrade to boost its output, which requires it to suspend most production in the first two weeks of July, according to a separate internal memo seen by Reuters. The factory's goal is to eventually produce 22,000 cars per week, the memo said." Original Source: https://www.reuters.com/business/autos-transportation/tesla-sold-78000-china-made-vehicles-june-cpca-preliminary-figures-show-2022-07-06/ CHINA'S NEV OWNERSHIP EXCEEDS 10 MILLION UNITS "China's new energy vehicle (NEV) ownership has surpassed the 10 million milestone, as electric vehicles (EVs) become increasingly accepted by the public. By the end of June 2022, China had 310 million vehicles, of which 10.1 million were NEVs, according to data released today by China's Ministry of Public Security. Of the 10.1 million NEVs, 8.1 million are pure electric vehicles, accounting for 80.93 percent of the total number of NEVs.In the first half of this year, a record 2.21 million NEVs were registered in China, the data show.  This is an increase of 1.11 million vehicles, or 100.26 percent, compared to the first half of last year. The share of NEVs among all new registrations was 19.90 percent, meaning one in five car buyers bought a NEV, according to the data." Original Source: https://cnevpost.com/2022/07/06/chinas-nev-ownership-exceeds-10-million-units/ NIO 500 KW FAST CHARGERS COMING TO CHINA AND THE EU THIS YEAR "During NIO's second annual Power Day event, the Chinese EV automaker spoke of its future of charging and battery technology, unveiling new 500 kW ultra-fast-charging piles in addition to a peek at its third-generation battery swap station. Here's a quick recap of NIO Power Day 2022. The 500 kW fast chargers have peak currents of 650 amps – easily some of the most impressive power in the current industry and a clear response to competitors in China. In August of 2021, GAC Aion launched a 480 kW fast charger, which would have been more impressive if the company hadn't originally promised a 600 kW charger. Just last week, chairman and CEO of fellow EV automaker XPeng He Xiaopeng said the company would be gradually rolling out its own 480 kW/800V charging network later this year to support high-voltage charging on its upcoming G9 SUV." Original Source: https://electrek.co/2022/07/06/nio-power-day-2022/ FISKER STARTS PRE-ORDER PROCESS FOR OCEAN ONE LAUNCH EDITION, ASKS FOR $5,000 DOWN "Fisker has asked for an additional $5,000 from reservation-holders to lock in a spot for the $68,999 Ocean One launch edition with a likely delivery in 2023.  With the $250 reservation fee plus the $5,000 "pre-order deposit," prospective buyers have a place saved in line for the One launch edition—essentially the first-year version of the model, which is limited to 5,000 vehicles. What the company described to Green Car Reports is an order deposit, not a pre-order deposit. This is not an extra $5,000 refundable deposit, it explained, but an actual down payment on the vehicle. It's the beginning of a vehicle purchase process that will involve specific lenders and finance details soon. Fisker aims to deliver the Ocean One to the U.S., Canada, Austria, Denmark, Germany, Norway, and Sweden, all from November 2022 on, with the UK and France getting the launch version later next year." Original Source: https://www.greencarreports.com/news/1136394_fisker-pre-order-ocean-one-launch-edition-5000-down REFRESHED AUDI E-TRON AND E-TRON SPORTBACK SPIED  "Refreshed versions of the Audi E-Tron and E-Tron Sportback are under development, and these spy shots catch them together in Austria. The electric crossovers have an updated exterior, in addition to rumored powertrain changes. The standard E-Tron and Sportback appear to have the same front-end styling. The revised grille has an intersecting hexagonal mesh pattern, versus the current look with a mix of vertical elements and narrow slats. A rumor from last year claims that the refreshed E-Tron and E-Tron Sportback have a new battery that increases their range. They'll allegedly be able to cover 373 miles (600 kilometers) on a charge in the WLTP standard. The EPA ratings currently are 222 miles for the E-Tron and 218 miles for the Sportback." Original Source: https://www.motor1.com/news/596354/audi-e-tron-and-e-tron-sportback-refresh-spy-shots/ FREYR BATTERY CONFIRMS CONSTRUCTION OF GIGA FACTORY Minister of Trade and Industry Jan Christian Vestre (Labor Party) presented the government's new battery strategy on Wednesday. The goal is for Norway to be an attractive host country for sustainable and profitable activity throughout the battery value chain, as well as attracting the large giga factories. During the press conference Vestre held at the battery factory Freyr in Mo i Rana, Northern Norway, he announced that Freyr's board has approved the construction of the giga factory at Mo.  Freyr's investment decision for Giga Arctic (formerly Giga Factory 1 and 2) is NOK 17 billion. The government will provide 4 billion NOK in the form of loans and guarantees for the giant factory." Original Source: https://www.highnorthnews.com/en/freyr-battery-confirms-construction-giga-factory-northern-norway-17-billion-nok-investment URBAN FLOODING PRESENTS CHALLENGES FOR ELECTRIC VEHICLE CHARGING STATIONS "Under newly proposed federal regulations published in the Federal Register on June 22, the Federal Highway Administration would require that charging networks funded under the National Electric Vehicle Infrastructure Formula Program consider the risks of locating chargers in areas subject to 100-year floods. Additionally, consideration should be given to access for EV chargers “during times of emergency such as evacuation from natural disasters,” as stated in the proposed rule. Argonne National Laboratory, a research center of the U.S. Department of Energy, issued a report this spring on using mapping tools to prioritize EV charger benefits in underserved communities. The report says that analyzing sea level rise data, as well as flood and fire risk data, can help determine “where to deploy EV infrastructure, where to allocate resources, and which populations are most at risk" Original Source: https://www.smartcitiesdive.com/news/urban-flooding-presents-challenges-for-electric-vehicle-charging-stations/626567/ FRIDGE UNIT WILL OPERATE FROM ELECTRIC VEHICLE BATTERY "FRANCE: Carrier Transicold is to unveil Pulsor eCool, a refrigeration unit operating directly from the high voltage DC current generated by the batteries powering an electric light commercial vehicle.  Carrier Transicold's original Pulsor system, released in 2012, was the first LCV unit to harness the electrification potential of the company's E-Drive technology. In a vehicle with an internal combustion engine, the legacy system requires a generator to run on electric power.   Carrier says the new solution will deliver enhanced sustainability to customers choosing to operate a modern, electric urban delivery fleet." Original Source: https://www.coolingpost.com/products/fridge-unit-will-operate-from-electric-vehicle-battery/ QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM QOTW is taking a break for a while. Email your answers to: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP MILLBROOKCOTTAGES.CO.UK – 5* LUXURY COTTAGES IN DEVON, JUMP IN THE HOT TUB WHILST YOUR EV CHARGES 

Show #1480 Well…Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, your trusted source of EV information. It's Friday 27th May, my last day of hosting the show while Martyn's on holidays. I'm Blake Boland, and I've gone through every EV story today so that you don't have to! Ford starts customer deliveries of the F-150 Lightning electric pickup truck - Ford announced that it started production of the electric pickup truck last month, and they have since made their way to dealerships across the US. Some were delivered to fleet customers, but now we learned that the automaker started deliveries to its retail customers as well.  - Ford quickly accumulated 200,000 reservations for the electric pickup and realized that the demand was much higher than anticipated. The company quickly ramped up its production and is now planning for an annual production rate of 150,000 units by the end of next year. This year, production is expected to be limited to about 40,000 units. - While this is not much compared to overall F-150 production, it is good to jump-start electric pickup trucks in the US. Next year, the Silverado Electric, Tesla Cybertruck, and more are expected to contribute to the electric pickup truck revolution in the US Original Source : Ford starts customer deliveries of the F-150 Lightning electric pickup truck - Electrek Tesla delivers Megapacks to new Bitcoin mining facility - Tesla has delivered four Megapacks to a giant new Bitcoin mining facility in Texas that is going to be the first to be powered by the automaker's solar and batteries. - Last month, the project was announced as a partnership between Tesla, Blockstream, and Jack Dorsey's Blocks (formerly Square). - The idea is to build a new 30 Petahashes per second open-source Bitcoin mining facility powered by a 3.8 MW solar farm and 12 MWh Megapack system provided by Tesla. - Tesla's involvement in the project is also interesting within the context of the company adopting the cryptocurrency in its own business. - Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as payment on new vehicles. Original Source : Tesla delivers Megapacks to new Bitcoin mining facility - Electrek SAIC-GM-Wuling to assemble its mini EVs in Indonesia - SAIC-GM-Wuling is exporting its popular mini electric vehicles, but unlike other car companies that export vehicles directly, the company is shipping parts overseas and assembling the vehicles. - On May 24, SAIC-GM-Wuling exported its first batch of new energy vehicle (NEV) parts overseas on a rail liner, - SAIC-GM-Wuling is aiming for annual sales of 1 million NEVs by 2023, it said in early March. - As of April, total sales of SAIC-GM-Wuling's GSEV models topped 850,000 units, the company said today. Original Source : SAIC-GM-Wuling to assemble its mini EVs in Indonesia - CnEVPost Electric bike charging stations installed on the West Coast Electric Highway - The West Coast Electric Highway in the US, which sees electric car charging stations dotting the route from the Canadian border in the north to the Mexican border in the south, is getting a new type of EV charging station as well. Now you'll be able to charge up your electric bike along the way too, at least in the Oregon section. - That's because the Oregon Department of Transportation (ODOT) has announced that it has taken the initiative to outfit all 44 of the electric car charting stations along the Electric Highway in its states with extra 110V plugs. Original Source : Electric bike charging stations installed along West Coast Electric Highway (electrek.co) NIO to boost presence in Norway with new NIO Houses and swap stations - NIO's second NIO House in Norway is expected to open in the third quarter, one year after the opening of NIO's first showroom in the country. - "NIO is a premium car brand and will create a premium user experience. We are pleased to have found premises that reflect this in Strandgata 15 and are convinced that the users will be rejuvenated," says Marius Hayler, CEO of NIO Norway. - NIO also plans to open two additional showrooms in Norway in the fourth quarter. - In addition to additional NIO Houses in Norway, NIO will also build two new battery swap stations in Bergen and a battery swap station in Vestby, according to the Norwegian version of the NIO app. - NIO announced plans last year to build battery swap stations in five Norwegian cities, with the goal of having 20 facilities in Norway by the end of 2022. Original Source : NIO to boost presence in Norway with new NIO Houses and swap stations - CnEVPost Tesla moves to expand Gigafactory Berlin on new 250-acre land - Tesla has started to officially move to expand Gigafactory Berlin on a new 250-acre lot with the submission of the construction plan to the municipality. - The automaker has just started production at the factory, and it is still having issues ramping things up, but that's not stopping the company from already expanding the plant. - Now local paper RBB reports that the expansion has officially started this week with the submission of the expansion application with the municipality. Original Source : Tesla moves to expand Gigafactory Berlin on new 250-acre land - Electrek LiDAR developer Luminar Technologies Hires Ex Apple, Tesla and Nvidia Execs - Tech companies like Apple, Nvidia and Tesla in Silicon Valley often poach top talent from competitors, as the region has always been a highly competitive environment for companies to make a name for themselves. - Among the new top talent joining Luminar are Taner Ozcelik, the founder of Nvidia's growing automotive hardware business. Ozcelik will serve as Luminar's executive vice president and general manager to oversee lidar product development, R&D, program management, and Luminar's semiconductor subsidiaries.  - Over the past decade, Ozcelik scaled Nvidia's automotive business into a multi-hundred million dollar revenue business. Luminar also provides the long-range lidar for NVIDIA's DRIVE Hyperion autonomous vehicle platform that's also being used by Lucid Group for the Air sedan.  - Also joining Luminar is CJ Moore, who served for seven years as director of Tesla's Autopilot software before leaving the electric car company to join computer giant Apple Inc as director of autonomous systems for its secretive Apple Car project. Moore will lead Luminar's software program and contribute to its vision for next-generation safety and autonomy. Original Source : LiDAR developer Luminar Technologies Hires Ex Apple, Tesla and Nvidia Execs as it Prepares for Growth - FutureCar.com - via @FutureCar_Media “Tally ho!” First all-electric Mokes roll off production line in UK - The recent revival of the iconic beach buggy the Mini Moke, under the stewardship of British company Moke International, has taken an electric turn for the European summer, with the first full-speed petrol-free models now rolling off the production line. - Originally designed by the same man behind the Mini, Sir Alec Issigonis, the lightweight utility named after a slang term for a donkey has been “reimagined” as a fully electric vehicle, offering enhanced performance, zero noise and – according to Moke – a range of around 120-140km. - The starting price for the electric Moke is £29,150 (just under $A52,000), which the website notes is before on road coasts and/or local incentives. - According to the website, the battery's range is 144km (which is more than is specified in the press release), with a charging time of around four hours, subject to WLTP testing. Top speed is 100km/h. Original Source : "Tally ho!" First all-electric Mokes roll off production line in UK (thedriven.io) Mercedes Formula E team unveils high-tech electric bike collection - The Mercedes-EQ Formula E Team has this week launched a collection of high-performance electric bicycles that the company hopes will stand out as some of the most sophisticated e-bikes on the market. - The team launched on Wednesday four new e-bike models – the Formula E, Silver Arrows, Silver Arrows Sport, and the new high performance Championship Edition. - The bikes also incorporate Constant Variable Transmission (CVT) as standard across all but the Championship Edition model, which is a single speed. CVT eliminates the need for manual shifting between gears, with gear changes happening seamlessly as needed, ensuring riders never find themselves in the wrong gear halfway up a hill. - The cheapest of the four bikes – the $US3,450 ($A4,900) Formula E Team e-bike – boasts 80Nm of torque, 25% more than a standard e-bike. - All the bikes come with a carbon belt drive that is said to be maintenance free for 32,000 kilometres and a digital dashboard integrated into the handlebar – including speedometer, battery indicator, range – a security system with a password activated security immobiliser, and even mobile phone charging. Original Source: Mercedes Formula E team unveils high-tech electric bike collection (thedriven.io) QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM What's your dream driveway?  But there are some rules: 2 or 3 vehicles, budget is $150,000 USD or equivalent wherever you are.  Email your answers to Martyn: hello@evnewsdaily.com For the week that's in it…catch me on Twitter @evlifeireland It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/ OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP MILLBROOKCOTTAGES.CO.UK – 5* LUXURY COTTAGES IN DEVON, JUMP IN THE HOT TUB WHILST YOUR EV CHARGES

On the podcast today: ·       Give and take: the Taycan as a buffer for the power grid ·       David Beckham gifts son with electric 1954 Jaguar XK140 by Lunaz to mark his wedding ·       NHTSA opens investigation into electric vehicle batteries ·       Tesla delivers impressive output from Gigafactory Shanghai in March despite factory shutdown ·       The world's first all-electric race boat successfully aced its first test ·       China auto sales slump in March on COVID curbs, Tesla production sluggish ·       China sees wholesale sales of passenger NEVs at 455,000 units in March ·       BMW i3 Sedan Makes Video Debut, First 3 Series With Air Suspension ·       Mercedes-Benz Produced More Than 25,000 Electric Vans ·       The Last Big Obstacle to Electric Cars Is Requires a Mental Fix in Our Travel Habits