04 Oct 2024 | Juicebox Owner Enel Suddenly Shuts Operations, Volvo Sales Growth Driven By EX30 and $2bn Of U.S. Tax Credits
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 4 October 2024
⏱️ 30 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Welcome back to EV News Daily. Coming up today, Juicebox owner, Enel, suddenly shuts operations. |
| 0:05.4 | Volvo sales growth is driven by the EX30 and $2 billion of US tax credits. Plus, stay tuned. |
| 0:11.9 | Because later in the show, I'll tell you about a breakthrough in battery technology, which eliminates chances of a fire following damage. |
| 0:19.2 | Well, good morning, good afternoon, good evening. Wherever you're listening around the world, it's EVE News Daily, your trusted source of EVE following damage. Well, good morning, good afternoon, good evening. |
| 0:24.1 | Wherever you're listening around the world, it's EV News Daily, your trusted source of Evie information. Last day of the week, Friday, 4th of October, I'm Martin Lee, and I go through |
| 0:28.0 | every Evie story, so you don't have to. Well, thank you to everyone on Patreon, and I want to |
| 0:32.6 | give a mention today to one of the original Patreon gang. Now, he had some issues with his billing, because |
| 0:38.7 | it came through as a new executive producer. And I thought, really? I've been saying your name for a long |
| 0:45.0 | time. Pete Gorton, or Pete signed up in January 2019. He has been in the treehouse longer than most. |
| 0:53.2 | And Pete, it's been fantastic. Thank you so much for your support over the years. Just think of all the podcasts that you've helped fund Pete and all the knowledge that we've got out there over the years and hopefully helped educate people, inform people, maybe even a few people bought EVs because of listening to the podcast. And either way, Pete, people like you, absolutely legend. Thank you, my friend. |
| 1:12.2 | Podcasts obviously ad-free on Patreon, |
| 1:14.8 | and you can be like Pete by clicking on a link in the show notes. |
| 1:17.7 | Now, headline story today came as a surprise to many people. |
| 1:22.0 | Enel X-Way is an odd name, |
| 1:25.0 | but Anel X-Way is the North American bit of the energy giant Anel, |
| 1:30.6 | and they suddenly announced the termination of their EV business. |
| 1:34.1 | They make EV charges and software as well in both the US and Canada effective in a week. |
| 1:40.4 | So October the 11th, the company had planned to install 10,000 DC fast charges across North America |
| 1:47.9 | by 2030. So what happened? What went wrong? What's changed? This new decision marks a huge |
| 1:54.0 | change in direction. As a result, all residential charges, the juice box charges, will become dumb chargers. So they will dispense energy |
| 2:06.1 | and do no more. But they say basic operations is how they described it. They lose any kind of smart |
| 2:11.0 | functionality. Similarly, commercial charges, and this is a big deal, will stop working. There's no |
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