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EV News Daily - Technology and Business of EVs

Briefly | 15 Sep 2023

EV News Daily - Technology and Business of EVs

Martyn Lee

Business, Leisure, Technology, Automotive

4.8749 Ratings

🗓️ 15 September 2023

⏱️ 4 minutes

🧾️ Download transcript

Summary

It’s EV News Briefly for Friday 15th September. I’ll be back as usual at 5pm UK time, that’s Midday Eastern, for the full podcast.  Patreon supporters get the episodes as soon as they’re ready AND ad free. You can be like them by clicking here.

VinFast's EV Expansion Journey https://evne.ws/3sM5Egb

Volkswagen Trims Jobs at German EV Factory https://evne.ws/3PFt7IY

VW and Audi Boost e-Car Output Amid Zwickau's Underperformance https://evne.ws/45TjGLR

US Sees Record 100,000 EV Registrations in July 2023 https://evne.ws/3re3GVw

US Likely Hits 1 Million Annual EV Sales Mark https://evne.ws/467em72

Volvo Ramps Up Electric Truck Production in Ghent https://evne.ws/3ZkW9kf

China Criticizes EU's Probe into Electric Car Subsidies https://evne.ws/45RzLSd

Background: Chinese EVs: The Many Benefits They Receive https://evne.ws/3EG2Js5

U.S. Funds $100M for EV Charger Repairs https://evne.ws/45TvHAH

Nio Teams Up with SVOLT for Cylindrical Cells https://evne.ws/3EFiqQp

EV vs ICE Price Parity Report https://evne.ws/3Zz9SEx

Enel Boosts Texas Grid with New Energy Storage https://evne.ws/3Zhz1TY

Ark's Quadricycle: UK's Budget Electric Ride https://evne.ws/3ZkW9kf

Verkor Secures €2bn for Dunkirk Gigafactory https://evne.ws/3EE45Ub

Transcript

Click on a timestamp to play from that location

0:00.0

It's evening news briefly for Friday 15th of September. I'll be back as usual at 5pm UK.

0:05.3

That's Midday Eastern with the full podcast. Patron supporters get them as soon as they're ready and ad free.

0:10.3

Be like them by clicking on a link in the show notes. I did mention I would update the VINFAST numbers.

0:16.7

I was a little bit critical of VINFAST yesterday and their 200 billion valuation after their recent stock market flow.

0:22.5

I said they sold 138 vehicles in the US.

0:25.3

I can confirm up to July it's now 170.

0:27.8

So there you go.

0:28.6

That's why they're worth that much to retail customers.

0:32.2

They've sold more vehicles, but to themselves.

0:34.4

Let's talk about some news from Volkswagen.

0:36.2

They are going to trim some of the

0:37.9

temporary contracts they had out at their German EV factory in Svikau. 3,000 employees worked there,

0:43.5

269 contracts approaching their expiration. But another 540 will be converted to permanent roles.

0:48.8

But VW and Audi are boosting their output there, even though Svichau is not at its capacity. They're also adding

0:55.9

ID3 production to their Vulsberg factory this autumn. In Zvikau, they make the ID345, the Audi

1:04.1

Q4, Etron and Sportback, the Kupra-Born as well, but like I say, still capacity there to expand

1:09.4

if they need to. The US saw a record 100,000

1:13.3

PureV registrations. This is July data coming into the show that I can tell you about. And what does

1:19.2

that mean? 100,000 is the first time that's been hit. That's a big psychological landmark,

1:24.5

7.2% of all new vehicle sales in the US, Pure EV. But if you do a rolling year to the end

1:31.2

of July this year and you knock off June from last year, then I think the United States hits

1:38.8

one million pure EVs annually, not a calendar year, but on a rolling 12 months. Now, if you include plug-in hybrids,

...

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