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EV News Daily - Technology and Business of EVs

03 Sep 2024 | Lucid Sets A Remarkable Range On Highway Test, Tesla’s Brand Loyalty Is Unwavering and Xiaomi Growing Quickly Into An EV Maker

EV News Daily - Technology and Business of EVs

Martyn Lee

Business, Leisure, Technology, Automotive

4.8749 Ratings

🗓️ 3 September 2024

⏱️ 22 minutes

🧾️ Download transcript

Summary

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WHY IS THE HONDA PROLOGUE EV SO CHEAP? https://evne.ws/4e7yji7

LUCID AIR GRAND TOURING SETS NEW RANGE RECORD https://evne.ws/3TbN4Za

TESLA'S BRAND LOYALTY SEEMS UNWAVERING https://evne.ws/3X9lflE

BYD SETS ANOTHER RECORD MONTH OF EV SALES https://evne.ws/3XqcYuO

EU-CHINA ELECTRIC VEHICLE TARIFF TALKS: A DESPERATE BID TO AVOID HEFTY DUTIES https://evne.ws/47cqAgL

TESLA SEEMS TO BE RAMPING UP CYBERTRUCK PRODUCTION https://evne.ws/3AKKHGH

XIAOMI QUICKLY EXPAND INTO AUTOMOTIVE SECTOR https://evne.ws/3TdZHTH

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to EV News Daily. Coming up today, Lucid sets a remarkable range on a highway test.

0:05.7

Tesla's brand loyalty is unwavering and Xiaomi growing quickly into an EV maker.

0:11.5

Well, stay tuned because later in the show, I'll tell you why consumers might just be saved

0:16.4

from paying higher prices for foreign EVs. Well, good morning, good afternoon or good evening,

0:21.1

wherever you're listening around the world. Welcome to EV News Daily. Your trusted source of

0:24.9

EV information for Tuesday, 3rd of September. I'm Martin Lee, and I go through every EVs story

0:30.3

so you don't have to. Patreon supporters get these ad-free. Be like them by clicking on a link

0:35.5

in the show notes. We'll start with the Honda Prologger,

0:38.6

a car that doesn't get talked about very much. And well, that could be one of the reasons why,

0:43.1

if you would like to get one, you can get yourself a bit of a bargain at the moment.

0:47.3

The Honda Civic has a strong reputation for being reliable, for being versatile and being

0:53.1

affordable.

1:01.5

But if you want the best of all those worlds, but in an electric car, that's a lot bigger,

1:03.1

what's the best option?

1:07.8

Well, with the new electric prolog, the answer may surprise you. Now, Cars Direct recently had some great lease offers for the current model year,

1:12.4

2024 Prolog EX. That's all-wheel drive. If you're in California or similar states with different

1:19.5

emissions rules, you can lease the vehicle for $269 a month. Now, that is over three years. There's

1:26.9

two grand to put down when you sign. That's not extortionate, but you do have to work that into 36, you know, and that brings the total to $325 in other states. It could be $329 or 385 with certain other fees, but still, if you compare that to something like the Honda Civic, much smaller car, obviously not an EV, obviously.

1:51.1

And that's $239 a month, but with $3.5 grand down, so effectively, again, about $333.

1:59.7

Now, the prolog has an MSRP of $49,000. So the Civic is a 24 grand car, very popular with Honda buyers, very robust, reliable, just one of those reliable ways to get around. But for twice the price,

2:19.1

literally twice the price, is a premium electric prologue, and it's $8 a month cheaper than the

2:25.1

civic. That comes from several incentives. You've got the $7,500 federal tax credit for EVs,

...

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