23 Feb 2024 | Briefly
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 23 February 2024
⏱️ 4 minutes
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| 0:00.0 | It's EP News briefly. For Friday, 23rd of February, everything you need to know in less than five minutes if you haven't got time for the full show. |
| 0:06.3 | I'll be back later, but Patreon supporters get these shows ad free. Be like them by clicking on a link in the show notes. |
| 0:12.4 | Tesla's cyber truck owners now get more colors to choose from in the paint film wraps, which are up to $6,500, |
| 0:22.7 | slip gray, satin rose gold, and satin abyss blue. |
| 0:27.0 | If you get one of those, I mean, you're going to stand out anyway in a cyber truck, |
| 0:30.9 | but maybe you'll turn just a few more heads. |
| 0:33.6 | Lucid faces increasing losses in their business and a predicting limited growth. |
| 0:40.1 | But I don't see this as a negative story like most people do around Lucid. |
| 0:43.7 | The cars are great. |
| 0:44.8 | The technology is great. |
| 0:46.7 | Their net loss was $654 million in the last quarter. |
| 0:50.5 | And yes, revenue took a decline as well. |
| 0:53.5 | But this year, we'll hear more about their next |
| 0:55.8 | SUV, the gravity, alongside the air, which now starts about $70,000. That's about the right |
| 1:02.9 | price for everything that it's competing with. And the air is just fantastic. And at the end of |
| 1:09.0 | the day, they're backed by Saudi's public investment fund |
| 1:12.9 | say what you will about that but they're not going anywhere anytime soon i'm a huge fan of lucid |
| 1:18.4 | now europe is trailing in terms of the battery factory equipment that is needed now about |
| 1:25.0 | 200 battery factories are on the way being made right now are planned |
| 1:28.9 | globally. Many of them in Europe. The problem is, what goes inside them, the machines that make the |
| 1:34.9 | machines? Well, they're all Chinese. Only 8% of the high-tech equipment needed comes from Europe. |
| 1:41.2 | The rest is pretty much Asian, well, Chinese. And that is an issue for the |
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