31 Oct 2024 | Briefly
EV News Daily - Technology and Business of EVs
Martyn Lee
4.8 • 749 Ratings
🗓️ 31 October 2024
⏱️ 4 minutes
🧾️ Download transcript
Summary
It's EV News Briefly for Thursday 31 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
Transcript
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| 0:00.0 | It's TV news briefly for Thursday 31st of October. |
| 0:02.9 | Happy Halloween. |
| 0:03.8 | Everything EV in less than five minutes. |
| 0:05.5 | If you haven't got time for the full podcast, Patreon supporters, get the shows first and add free. |
| 0:09.2 | Be like them by clicking on a link in the show notes. |
| 0:11.6 | We'll start with news of Voltsvagen. |
| 0:13.3 | As I mentioned yesterday, announcing their latest financial results, |
| 0:16.7 | saying they were down 12% in China for the first nine months of this year. Still very profitable, |
| 0:22.8 | by the way, but their pre-tax profits dropping from €5.8 billion to €2.4 billion, |
| 0:28.8 | down 60%, which again impacts the ability for them to invest in future EV models. It's a bit of a |
| 0:36.7 | perfect storm there at the minute, and they're |
| 0:38.3 | going to go through some pain with the unions and works council, with those three factories being |
| 0:42.5 | closed, and I'll get to another one in a moment. So tough times to get through. And again, |
| 0:49.2 | it's because of the kind of the weakness in China and the rising interest rates as well. |
| 0:53.2 | It's affecting not just them. |
| 0:59.1 | I talked about BMW last week, Mercedes-Benz last week. Ashton Martin don't even make EVs. |
| 1:03.2 | And they said that they're having massive problems because of the weakening China market. |
| 1:10.2 | Now, a new video posted online from the Scout Motors launch, which seemed to show PetMode on screen. |
| 1:11.9 | Yep, they've confirmed it to the Green Car Report's website. The Scout cars will come with your pet mode and camp mode and night mode as well. |
| 1:17.6 | And why not? Because the vehicles are three or four years away. So why not say they're going to come |
| 1:21.1 | with that? Because they're really good features like Tesla's dog mode and Rivian's pet comfort mode. |
| 1:25.8 | And work it out in later. Why wouldn't you not have |
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