07 Sep 2024 | Volvo EX60 Eyes Model Y Success, UK EV Market Returns To Growth and Genesis Provides More EV Luxury
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 7 September 2024
⏱️ 24 minutes
🧾️ Download transcript
Summary
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VOLVO EXPANDS PARTNERSHIP WITH NVIDIA TO BOOST AI AND AUTONOMOUS DRIVING https://evne.ws/4dPT1Dt
VOLVO EX90 ARRIVING WITH UK DEALERS https://evne.ws/3Xy5AgY
Transcript
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| 0:00.0 | Welcome back to EVE News Daily. |
| 0:01.2 | Coming up today, the Volvo EX-60. |
| 0:04.0 | I is the Model Y's success. |
| 0:05.9 | The UK EVE market gets back to growth, and Genesis provides more EV luxury. |
| 0:11.2 | Plus, stay tuned because later in the show, I'll tell you why California might have solved vehicle to grid. |
| 0:16.7 | Well, good morning, good afternoon or good evening, wherever you are in the world. |
| 0:19.8 | Welcome to EVE News Daily, your trusted source of EV information. |
| 0:23.0 | It's Saturday 7th of September. I'm Martin Lee, and I go through every Evie story, so you don't have to. |
| 0:28.0 | And welcome to a new podcast producer, Bruce McCollin. |
| 0:31.3 | Bruce, welcome to the gang, the team. Thank you for joining up and supporting the work that I do here. |
| 0:36.4 | You literally pay my |
| 0:37.8 | bills. Thank you. Patreon supporters get the episodes out free, be like Bruce by clicking on a link |
| 0:43.5 | in the show notes. Well, the UK electric vehicle market has continued its upward trend with |
| 0:48.7 | sales of new zero emission vehicles increasing by 10% year-on-year last month in August. |
| 0:54.7 | But what challenges lie ahead for the industry? Well, according to the Society of Motor, |
| 0:59.7 | manufacturers and traders, SMMT, the increased demand for EVs came as demand for petrol and diesel |
| 1:05.3 | slipped. Petrol down 10.1%, diesel down 7.3% again, again, again. |
| 1:12.1 | This shift resulted in EVs now being 22.6% of the new car market last month that is surpassing the 22% target set through the zero emission vehicle mandate. |
| 1:24.7 | Not quite as simple as that, let me tell you why. |
| 1:26.7 | The strong performance of the |
| 1:27.9 | B-EV sector was driven by continued demand from fleet operators and heavy discounting from |
| 1:34.7 | manufacturers who are looking to avoid fines for missing the targets set through what our |
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