4.4 • 1.4K Ratings
🗓️ 27 December 2024
⏱️ 17 minutes
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0:00.0 | Amazon Q Business is the generative AI assistant from AWS, because business can be slow, like waiting through mud. |
0:07.4 | But Amazon Q helps streamline work so tasks like summarizing monthly results can be done in no time. |
0:12.7 | Learn what Amazon Q business can do for you at AWS.com slash learn more. |
0:18.4 | Electric vehicle sales are growing. |
0:21.0 | According to Cox Automotive, EV sales in the U.S. were up 11% in the third quarter year over year. |
0:27.4 | In 2025, they estimate the same sort of growth since the market expects at least 15 all-new products. |
0:33.9 | But the road ahead for EVs isn't quite so smooth. |
0:41.7 | Music But the road ahead for EVs isn't quite so smooth. Early last year, electric vehicles were speeding off the lot. |
0:46.1 | Back then, there was a lot of pent-up demand for EVs. |
0:49.5 | That's Sean McLean. |
0:50.9 | He's a journal reporter based in Los Angeles and has been covering cars for over eight years. |
0:56.0 | I asked him how he would describe the EV industry last year. |
0:59.0 | I would say the best description is blinded by hope. |
1:04.0 | There was a lot of assumptions made about hunger for EVs and almost the entire auto industry overestimated |
1:12.3 | how many people wanted these things. Six months into this year, the check engine light was |
1:18.2 | blinking on the EV industry. For Sean, the first sign came from, well, a sign on the side |
1:24.5 | of the highway. I was driving south of L.A. down to Orange County and I saw one of the biggest Ford dealers down there and that has this big billboard on the side of the highway. I was driving south of LA down to Orange County, and I saw one of the biggest four dealers down there, |
1:30.3 | and that has this big billboard on the side of the 405 highway, basically saying 125 EVs on the lot. |
1:36.3 | It struck me that like if LA has a bunch of EVs just sitting on the lot waiting to be sold, something's wrong. |
1:43.3 | Dealers were the first sort of canaries in the coal mine. |
1:46.5 | It went from dealers have too many EVs to the factories |
1:51.1 | that are producing too many EVs. |
... |
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