15 Mar 2024 | Briefly
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 15 March 2024
⏱️ 4 minutes
🧾️ Download transcript
Summary
Transcript
Click on a timestamp to play from that location
| 0:00.0 | It's TV news briefly for Friday 15th of March. Everything you need to know about today's podcast in less than five minutes. |
| 0:06.0 | If you haven't got time for the full show, Patreon supporters get the episodes first and ad free. |
| 0:10.7 | Be like them by clicking on a link in the show notes. We'll start with news of the Volkswagen ID 1. |
| 0:15.7 | A budget-friendly 20,000 euro vehicle. VW brand leader Thomas Schaefer highlighting the entry level vehicle as a milestone |
| 0:23.5 | to make EVs accessible to all or part of Volkswagen's Media Day they had earlier this week where |
| 0:31.0 | journalists could ask them questions and it's a good watch. I'll pop a link in the show notes. |
| 0:35.0 | If you, well, if you like me, it's a good watch. It's a couple of hours long of corporate stuff. But you know what I mean? And discussions are |
| 0:41.6 | ongoing with other automakers. They're obviously got a partnership with Ford in Europe, |
| 0:45.7 | talking to Renault as well about sharing, perhaps something to reduce the price of those smaller |
| 0:51.3 | city cars. But I love the fact that we are talking about a big automaker like Volkswagen, |
| 0:56.5 | making those entry-level cars. Hyundai faced a setback in China when they invested $1.15 billion |
| 1:03.2 | US dollars in a new factory in 2017, only to then sell it for a quarter of the price because |
| 1:09.8 | it was meant to make 300,000 in internal combustion engine cars a year. |
| 1:13.7 | They got caught with the shift to EV happening so fast. |
| 1:17.2 | It's from the FT and it's behind a paywall, but I pop a link in the show notes. |
| 1:20.7 | To read more about that incredible story, how foreign car brands in China facing intense competition |
| 1:25.2 | and how so-called zombie factories are emerging in China, |
| 1:29.3 | because so many of them are set up to make combustion vehicles. And this shift to EV is happening |
| 1:34.0 | at such a rip that it's catching out investment and companies as big as Hyundai are not realizing |
| 1:42.2 | the speed of the change. And it's a fascinating read. It's a really fascinating read. |
| 1:46.4 | Model Y in the US trails behind the Ford F series. According to this new S&P global mobility data, |
| 1:52.3 | we don't get country level data from the manufacturer from Tesla themselves. But if you strip out |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Martyn Lee, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Martyn Lee and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.