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EV News Daily - Technology and Business of EVs

23 Oct 2024 | Briefly

EV News Daily - Technology and Business of EVs

Martyn Lee

Business, Leisure, Technology, Automotive

4.8749 Ratings

🗓️ 26 October 2024

⏱️ 4 minutes

🧾️ Download transcript

Summary

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It's EV News Briefly for Wednesday 23 October 2024, everything you need to know in less than 5 minutes if you haven't got time for the full show.

I'll be back later but Patreon supporters get the episodes as soon as they're ready AND ad free. You can be like them by clicking here: https://www.patreon.com/EVNewsDaily

TESLA'S EARLY DISCOUNTS DRIVE SALES EFFORTS https://evne.ws/3A9vwXB

RISING ELECTRIC VEHICLE SALES IN A STRUGGLING EURO MARKET https://evne.ws/3UjMKbB

GROWING UK INTEREST IN ELECTRIC VEHICLES https://evne.ws/4e00NtY

CATL LAUNCHES FREEVOY BATTERY FOR HYBRID CARS https://evne.ws/3NGHQlk

DACIA SANDERO GOING ELECTRIC BY 2027 https://evne.ws/3YCzr8J

RENAULT INTRODUCES V2G CHARGING IN FRANCE https://evne.ws/3YnJQ6Z

STELLANTIS REDUCES COMBUSTION ENGINE PRODUCTION FOR EU COMPLIANCE https://evne.ws/3NCi0Pl

HYUNDAI NEXO SUVS RECALLED FOR SAFETY RISK https://evne.ws/3NCuy9g

TAX BREAKS FOR COMPANY CARS FACE CRITICISM https://evne.ws/4eYPymC

Transcript

Click on a timestamp to play from that location

0:00.0

It's TV news briefly for Wednesday 23rd of October, everything EV in less than five minutes.

0:05.2

If you haven't got time for today's full podcast, Patreon supporters get the show's first and ad-free,

0:10.5

be like them by clicking on a link in the show notes.

0:13.4

Tesla's discounting is happening earlier and earlier in the quarter, for instance,

0:16.9

are only just into a brand new quarter, and the US is already seeing up to $4,000

0:22.1

off inventory cars and 0% financing. I always tell people, wait to the last two weeks of the

0:27.5

quarter with Tesla, look at inventory, look at the different options, look at the financing deals,

0:32.3

and you can find some amazing markets, Model Y, particularly at the end of last quarter,

0:36.4

last two weeks of September.

0:40.2

Very, very attractive financing here in the UK.

0:47.2

But that's beginning earlier and earlier as they're very aggressive with their sales targets and tactics as well. And Tesla absolutely within their rights to drive a very hard bargain off for a very good deal and drive the market even harder than they have been

0:56.8

to avoid their first annual drop ever in the company's history.

1:02.3

It will depend all on the Q4 numbers, so I expect them to be going all out.

1:05.7

Now, there's rising EV sales in a falling car market in Europe. You know, keep read of these headlines.

1:12.9

EV slump is happening. And you think, really, because the data says last month in the European

1:19.1

countries, or the EU countries, I should say, and that often includes, you know, the UK and

1:25.4

Norway as well, this data from J-To Dynamics says that

1:29.0

September was up 14% on September of 2023. 186,000 EVs goes to 12,000 pure B-EVs registered in the

1:40.2

month of September. Over 200,000. That's fantastic, isn't it? What a great number.

1:44.4

Another increase in EV sales. Sorry, the EV slump or whatever, the mainstream headlines.

1:50.2

I don't know where they get this stuff from. It makes you wonder why they're writing these things,

1:53.9

because it doesn't get backed up by the data. Here in the UK, there's growing interest in electric vehicles.

...

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