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EV News Daily - Technology and Business of EVs

Over Half Of U.S. Likely To Go EV, MG S6 Heads Down Under and China Faces Fresh Price War | 01 Jun 2025

EV News Daily - Technology and Business of EVs

Martyn Lee

Business, Leisure, Technology, Automotive

4.8749 Ratings

🗓️ 1 June 2025

⏱️ 20 minutes

🧾️ Download transcript

Summary

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U.S. EV CONSIDERATION REMAINS STABLE https://evne.ws/43BYyty

MG S6 EV SET FOR AUSTRALIA https://evne.ws/3SwuJ8I

CHINA EV MAKERS FACE PRICE WAR PRESSURE https://evne.ws/4mCWx93

BYD DENIES AUTO SECTOR EVERGRANDE LINK https://evne.ws/4mGBvq8

BYD EXPANDS MW FAST-CHARGING NETWORK NATIONWIDE https://evne.ws/4kmf5J5

BYD LAUNCHES SEAL 06 EV PRE-SALES https://evne.ws/3T57TVM

ELECTRIC HEAVY TRUCKS GAIN TRACTION https://evne.ws/3FBint1

SINGAPORE’S FIRST LOCALLY ASSEMBLED KIA EV5 https://evne.ws/43J5pBC

YANGWANG U7 EV BEGINS CUSTOMER DELIVERIES https://evne.ws/3FA0VoJ

JAC HUNTER PHEV AUSTRALIAN EDITION UNVEILED https://evne.ws/3FCfwjp

MAEXTRO S800 UNVEILED AT RMB 708K https://evne.ws/3FBQwc4

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome back to EVE News Daily. Coming up today, over half of the US likely to go EV, MGs S6, heads down under,

0:07.9

and China faces a fresh price war, plus stay tuned because later in the show I'll tell you why a Chinese gadget maker thinks it can take on Rolls-Royce and Myebeck from Mercedes.

0:19.8

Well, good morning, good afternoon, good evening,

0:21.4

wherever you're listening around the world. Welcome to EV News Daily, a trusted source of EV

0:24.6

information. My name is Martin Lee. I go through every EV story, so you don't have to. I'm here

0:30.3

to save you time. I am the TLDR of the electric vehicle world, whether it's out of an interest,

0:36.6

whether you do it for work,

0:43.4

a hobby, or something else, hopefully. I save you time, 20 minutes a day, gets you everything you need to know. Patreon supporters get the show on the air, and that's how I pay my way these days,

0:49.1

patreon.com slash EV News Daily. The 2025 US Electric Vehicle Consideration study by J.D. Power has found that

0:57.1

59% of shoppers are likely to consider an EV. That's unchanged from last year. Between January and April

1:04.0

this year, J.D. Power surveyed 8,164 people planning to buy a vehicle within one year. Of those, 24% were very likely to consider an EV.

1:19.1

35% were somewhat likely to consider. April data from Cox shows EV sales in the United States

1:26.4

rose 11.4% year over year in the first quarter of the

1:29.8

year. This study indicates EV shoppers research an average of 2.9 brands compared with 2.5 brands for

1:39.8

combustion car shoppers. As more EV models arrive, manufacturers have a chance to win buyers across both mass market and luxury segments.

1:52.4

Range anxiety is still what is said to be the major barrier. 52% of respondents cited charging station availability as a reason to avoid EVs.

2:04.0

Concern over purchase price declined down from 47 to 43%. And cost of ownership concerns fell as well.

2:12.0

Much of the sales growth is tied to more affordable EVs from the mass market in the United States,

2:17.0

particularly GM is on a rip right now at the minute.

2:19.5

That's good data to see as well.

2:21.3

Let's go down under, and federal approval documents confirming MG will launch the XS6 in Australia in the first half of next year.

2:29.8

So, no, that's not a typo.

...

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