05 Nov 2024 | Strong October EV Sales Data, Oslo Goes All-EV For Taxis and Battery Cell Prices Reach Historic Low
29:54 Share

What you're hearing is Hardy fibers ament sighting living up to its reputation as the citing that handles hale impact with this, James Hardy knows how important to reputation is, especially when you're a contractor. That's why Hardy citing with stand severe weather Better than final sign with styles to match its strength. So you can be sure you're providing your clients with the best protect your reputation with exterior products by James Hardy.

your time and expertise are valuable, making focus one of the most important resources to have at work these days. Professional spend nearly half the workweek on written communication and IT can be difficult to stay on task without the emails and documents you have to get through with grammar.

As your AI writing partner, you can stay focused and quickly get through your work with relevant real time suggestions wherever you write, IT works across five hundred thousand absent websites, so I can help with everything from brainstorm presentation ideas to sounding more confident and persuasive in emails and reports. For fifteen years, gram mary has offered best in class communication support and enterprise grade security on a business model that doesn't sell your data. Ninety three percent of professionals report that grammar helps them get more work done.

Download grammar for free at grammar's dotcom flash podcast that's G R A M M A R L Y dot com slash podcast. Eighty eight percent of the work week is spent communicating, so it's important your team does IT well. Enter gram y grammy's A I helps teams communicate clearly the first time IT shows you how to make words, resonate with your audience, helps with brainstorming, and lets you instantly create and revised drafts in just one click. Join over seventy thousand teams and thirty million people who use grammar to move work forward. Go to grammer y dot com slash enterprise to learn more gram enterprise ready professionals .

spend nearly half the work week on written communication. So focus is important with grammar. Is your A I writing partner focus and quickly get through work with relevant real time suggestions.

And IT works across five hundred thousand of some websites so you can sell more confident and persuasive where you right ninety three percent of professionals report that grammar helps them get more work done. Download grammar's for free at grammar's dot com slash podcast that's gravy dot com slash podcast welcome back to eVenus daily coming up today. Strong october easy sales data is coming in as lo goes Olivia for taxis and battery sale Prices reach historic lows.

Plus a tune because later in the show, li y teslas cyberhomes kander m could be a win for consumers. Well, good morning after they know. Good evening where you are in the world.

Welcome to ily trust our information. If member and I go through every easy story, don't have to welcome along to a new podcast. Executive producer dug right dog, thank you so much, my friend, for signing up over the last couple of days.

You get your name in the whole of fame. You join the list of legends, my friend. You can check out your name and easy news daily dot com.

I published the list of patrons for premier partners, partners and executive producers every day on the blog. At evening ily. Com prosecutes patch and supporters get the shows add free.

You get them first as well. You can be just like dug by clicking on a link in the show. Notes will kick off as the U. S. Heads to the polls today, south korean battery companies are bracing for potential changes in the industry, especially if the republican party looks to rip out the financing, which ironically hasn't outsize benefit on the red states. Key players like LG, samsung and sk have significantly benefit from the advanced manufacturing production credit the A M P C established under the by administrations inflation reduction act.

A representative from a korean battery firm mentioned that trump is in located plans to abolish the I, R, A, but making such changes would be highly complicated. Alterations to the ira would require action from the department of the treasury, which would encounter legal hurdles primarily from within the republican party itself. Additionally, some republican senators support the iron, recognizing its importance for domestic manufacturing, especially as korean companies establishing all planning new facilities in states which are LED by republicans.

Another industry inside a warn that if trump returns to office, the benefits that from the I ra may diminish, which could slow the growth of V, V adoption in the united states. But even if trump gains control of both legislative chAmbers, many republicans have already signalled their opposition to any kind of dismantling of the I right, making such an effort highly improbable. As long as the I R, A subsidies are in place, the U.

S. Market for these and battery ies is still expected to thrive. Investments in the U.

S eva and battery sectors have ready surpassed three hundred billion dollars, which highlights the long term mature of these commitments. You can't just get rid of them overnight. Ah any slowdown in the transition TV v however, would threaten the U. S. Also industry at a time when china is on a rip and investing highly in mexico when some parts of europe are actually coming over the the slight bump that we had earlier this year.

Not get on to that next because our next story is some data that came out at nine o'clock this morning or so, Sunny, early hours, and I dropped into the main box as a Normally does around this time of the month. So this morning we got data from the U. K.

Market for car sales. Now the U. K. Market is declining in times of the car market, but the punched line to this story, the EV market is growing fully electric vehicles b EV.

Remains strong in the U. K. With october registrations now coming in twenty seven thousand nine hundred and forty six. That is twenty point eight percent of the new car market will go twenty one percent as an increase on septembers twenty point seven percent, but it's slightly down on the highest we've had, which is a twenty three percent share.

These numbers suggest that the cassette could be poised to meet the increasing sales targets for zero emissions vehicles, countering concerns about decline in evy sales. When this first came in at the beginning of the year and even before then, many of the car makers were saying we can't hit twenty two percent eee sales in the U. K.

IT. Simply can't be done. As the years gone on, we've seen some of the car makers, particular ford, started off the year very, very low since launching the explosion, since launching the copy as well.

And although some of the car makers will hit IT and some want actually looking like the politicians getting involved in setting those targets, well, you know, I might just be working. In october, the U. K.

S. New car market was actually down six percent, one hundred and forty four thousand new vehicles, right? Had to give you A A bit of context on the size of our car market here.

According to the society of motor manufacturers and traders, it's the second decline this year as business is fleet and even private buys register about ten thousand few of vehicles. The decline largely stemmed from substantial drops in petrol and diesel. Now petrol was down in october fourteen percent, and disease down two point five percent.

wow. Batter electric vehicles were the only segment to grow. Blacking hybrids was down in the U.

K. Battery o. Electric vehicles were up in october twenty four point five percent. U. K. Consumers now have access to one hundred and twenty five different pure B, E, V models. That's up about forty percent over the course of this year.

Notably, about one in five bath models is now Priced lower than the average petrol or dial vehicle, especially for those using salary sacrifice schemes or fleet buyers as well. And again, i'll come back to what the rule makers put in place, which is these targets of around twenty twenty two percent that the car makers have to hit of all the fleet cars they sell. As I said to you on yesterday's podcast, I think we are entering a new phase as the eu has some sales targets to hit and the U.

K. As well quite become mocket here in europe. And we're going to start to see more affordable models because until now, part of the profit maximum strategy of all the car makers has been to sell big, heavy, S, U, V type vehicles.

The luxury evs is more profit in those, but now it's about selling as many evs as possible. And we are at tipping point right now. And so we are about so we enter the face in twenty twenty four where some of the car makers have had to take a hit on their profit to reduce the Price of evs to sell more.

Or you're going to end up spending a bunch of money on fines to the U. K. government. And year on my land, euro, with in the eupeptic on at least a bunch on fines missing the C O. Two targets.

All you'll be doing deals with the pure review makers to buy credits from the likes of tesla. So this is looking like it's maybe kind of signifying that this phase of the evy adoption curve, which i've been talking about since two thousand eighteen, is gonna be benefiting smaller, cheaper, lit, more affordable electric vehicles. fascinating. I just to wrap up on this story.

Although nearly three hundred thousand new pure baths have been registered so far in twenty twenty four, eighteen point one percent of the market that is down on the twenty two percent, which we need to hit vox varga LED the bedroom k in october with a nine share selling two and half thousand units mdi's bends and bmw followed soup within eight and seven share. Tesla share in october fell to three percent um even though the model y ranks very highly on global car sales, this decline partly shoots to teslas, is going to limited model. You Young, you can't get the s in the ex here.

And right hand drive, for instance, don't make them anymore anywhere in the world. And so we had some restyled model y financing deals at the end of the quarter. And so I fully expect that knowing in november heading into december, once again, the U.

K. Will see perhaps a return to those one point nine nine or even zero point nine nine percent finance deals on the model y, which I gather from people in the no, actually very popular. And so those financing deals working out quite well for tesla.

Now we've gone to from the U. K. To the nordics, and let's go to sweden next. A much smaller car market, of course. But in october, the numbers are coming in now.

And this report from clean technique points out that evs plugin cars were sixty two point two percent of the automotive market in sweden, less often sixty percent the same month last year. Despite the growth in the market year, battery electric vehicles BBS were down slightly, plug in hybrids making up the difference. In sweden, BBS were thirty five point one percent of new vehicle sales and plug in hybrid d twenty seven.

So even though bebb were still significantly more, they were down. Slightly by about six hundred cars in october based on the same month last year was pugin. Hybrids were up.

While some people advocate for purely bv, I in hybrids are doing pretty good business in china right now. In some parts of the world. In sweden, they seem to be liking them there as well, continuing to contribute the reduction in thereto emissions.

Of course, if you charge them overnight, that's the big thing. Several factors are impacting the bebber le market in swing, high Prices from the traditional car makers, lack of affordable bev options from china at the moment in sweden, and a bit of a luggage consumer economy. Yet that I have sales have fAllen in china, about ninety thousand this time last year, about twenty five thousand at the moment, but hate nothing compared to the share of combustion.

Die l vehicles are five point seven chair in sweden. Petrol about twenty five percent year. But really no one's buying at these or vehicle more in song that having a look, the data from the countries coming in.

What about the different car makers? Well, ford october data is in, and ford saw in eight point three percent drop in EV sales in the united states last month. Oca, largely to decrease demand for its f one fifty lightning.

The company sold six thousand children sixty four VS last month in october, with the mustang mark e accounting for over half of those, actually up twenty one percent compared to the same month last year. F one fifty lighting sales, though, fell to just one thousand nine hundred and sixty three units last months. The eight transit electric fan was up significantly, actually hundred eighty one percent increase on the same month last year, over thousand those sold in the U.

S. The trend is father, highlighted by foal's recent decision to halt production of the f one fifty lightnings for six weeks from november the eighteen three to january six. But the rules electronic vehicle plant.

And in August, ford cancelled plans for its three row electric S, U, V set for production in twenty twenty five. The released of the new electric version of the f one fifty pickup has been push back to twenty twenty seven, or whatever we call that, that vehicle. Well, production for a new electric commercial van will probably start in two thousand twenty six four v agan model reported a loss of one point two billion dollars in earnings during the third quarter.

They put the lost down to cost improvements and not keeping pace with the industry wide pricing pressures. They said, yes, interesting times for ford because you're not going to be coming with too much. There's stuff happening in the background, moving battery production from poland to michigan, for instance, and all the right things being done in terms of the long term, but in terms of new vehicles or even vehicles that we can talk about, there's not going to be much on the horizon for ford for a while.

There will be in time, but it's a bit a fellow period, not quite jack your land over fellow period, but they got nothing on sale of the minute. But but still an interesting one to watch. Why would take a quick break? And when we come back, we talk about vox organs buried by directional charging of the I D. series.

And where does the tesla cyber truck go from here? I think it's good news for consumers. I'll give you my thoughts in the moment. Stick around back in a .

sec attended chicago wavers black friday previous sale is here early right now score of the seventy person off everything home shop early black body deals now at the wave store at eden S. A and online fair.

every style, every home .

attention chicago wavered black friday previous al is here online and in store right now. Get up to seventy percent off everything home and everything you need for the season ahead. Save on quality furniture for every room in the house.

Guest approved betting for a season of posting top brands and cook ware best of holiday day core for indoors and out and so much more, whether you need a new sofa that it's all the cousins or a new serving dish that this your famous ato casino welfare is the place to go for black friday deals on fines, to feast, get festive and get comfortable. I'll see long do IT with ease. When you shop in store, you can take on the small step, and the big step will get shift to you best. And phy, there's no place like home for the holidays. I have no place like way for black friday savings shop, early black friday deals now at the wafer store at evening asa and women or on mine at wafer doc.

We fair every style.

every home ago 3 prev sale is .

here early， right down school after seventy years of everything. Home shop early like friday deals now at the way line.

Every style, every home.

all right, let's talk about as low. Finally, enforcing a rule requiring that as of last friday, all taxes Operating in the city of all low must be pulled. Li electric this regulation was first revealed in september twenty twenty and included a four year adjustment period.

Then any exception applies to taxi rides, the go be on the city limits. The taxi industry, though, has fought this one and sorts to postpone the electric taxi requirement until at least twenty twenty seven. They excited in adequate charging infrastructure.

No, you don't know what you've got charging infrastructure noy is pretty special. And i've last time I was in norway IT was really impressed sive just how many evs were were flying around. But the city council rejected any requests to have further delays after a four year area to get used to the idea.

The regulation says the tax he's driving oslo may longer, may no longer have any emissions from combustion engines from the first of november twenty twenty four. So last friday, IT came in great news. Norway to experience the notes will increase in bev usage within the taxi sector with an eighty eight percent bev adoption rate last year that exceeds the national average of new AR registrations.

That B E V prince last year in twenty twenty three in burgin and staff job, they reported all newly electric rid to taxes were a fully electric tri m just behind a ninety seven percent as I was at ninety percent already for all new taxes being electric. So again, IT with some of the older vehicles which need to be taken off the road that were combust. Um I just talk about volks margin next in housing their ID cars.

That's the I D three, four, five, seven and buzz through a new software update that will allow by directional charging for the models with the batteries of at least seventy seven killer hours. This update will come inside with the launch of sun to wheel, sun to wheel new warboys as twenty two kilowatts wallboard. And we're gna see more of IT at auto europe c the event in two days time on november the seventh.

Although the charging station won't arrive with customers until the end of next year, you can provider IT for a thirteen thousand service Franks, about thirteen thousand euros. Now current shapers that had a sales at some to wheel and said that the moment we've been waiting for us here, vw is the first major supplier of V, V. To allow by directional charging, noting that the companies prepared to roll out the Better directional charge of volts vagon models across switzerland, but no word on whether that will happen wider than an initial swiss roll out.

A good news, my sweet listen, that might have an I D card with a big bad trip. Uh, you can get a new world box v car and do your by directional thing with votes margins. This was meant to be rolled out in, I think, summer twenty twenty three um IT was meant to go alive not just witchland, but everywhere.

So I think in twenty twenty one volts five and said, but by summer twenty twenty three, they're be doing deals with, I think, various companies in various territories. IT wasn't just one global E V manufacture, E V warboys, E V S C manufacturer. They were ongoing to pick different partners to work within a europe with the U.

K. And the U. S. And will have you and this back in twenty twenty one for the ID cars they would enable by directional charging.

Twenty twenty three summer IT would go live. Well, here we are. Almost in twenty twenty five we still talking about, hey, next summer, a trial in switzerland could happen. So that one particular bit of volks vargin has been very, very delayed. Let's look about a big order for electric trucks.

Climate united, a non profit organza based in maryland, plans to invest two hundred and fifty million dollars in buying five hundred electrics semi trucks over the next three years. What's a non profit doing buying electric trucks? It's the most significant single order of zero emission class eight trucks in the U. S.

What climate united say? They at least these electric trucks back to any trucking companies, but very competitive rates that want to have a go going on electric. Beth baffin is the C. R of client united, highlighting that high front upfront costs make IT difficult for independent owner Operators and small flakes to go electric, so will help out with that potential suppliers, the volvo van, our electric, the can worths and the byd trucks as well.

The funding for the initiative came from the larger parts of six point nine seven billion dollars from the national clean investment fund, part of the Greenhouse gas reduction funds under the inflation reduction act. Is that, oh, my sense. Now some good news for tesla model wide buyers.

Tesla has resumed deliveries of the long range or wheel drive version of the model y in the us. After a brief hot, I think he was only done to a few days in the end. This has happened many times in teslas past the papa pals deliveries because they wait official range ratings from the U.

S. Environmental protection agency. IT looks like deliveries restart that.

If I have a look here at the various reports coming out of the U. S. Last friday.

But you only update D, P A stick ation shows that the twenty twenty five model year model y or will drive long range, has an official driving range of three hundred and eleven miles. That's exactly five hundred kilometers on the nose, this up from three o eight. So a slight increase.

But again, just technical, I couldn't deliver the vehicle without its E, P, A certification while deliveries of the oil drive model wear on holes, other ones used to be delivered. So that would be likely a long range rail will drive performance models as well. They already had their pa rating.

So IT was just this one model, and it's happened in the past. It's been like a week or two sometimes I think this much just a few days. So nothing to worry about there.

A few had your delivery, your collection events cancelled or push back or postponed. That can all go ahead right now. So let's me want to talk cybercrime.

Where does tesler get the next wave of cyber truck orders from? Interesting question isn't IT, because tesla facing chAllenges is in attracting new customers of the cyber truck as the reservation list has now dangle two point five percent of the one million reservation holders chose to buy the vehicle. We think that there's around thirty five thousand cyber trucks on the road right now.

This issue of no reservation list anymore persists despite the launch of the seventy nine thousand or seventy nine ninety let's go in eighty thousand dollar non foundation theory cyber truck. And again, tesler continued to advertise the Price just above seventy thousands because they work out gas savings in there as well. But still no sign of the inflation reduction act seven half thousand dollars federal tax credit money coming into this, which is odd.

And i've had people give me their reasons. Why not this always go out to the battery and things like that. But the vehicles made in the U.

S. We should get at least half the thirty seven, fifty. I don't know. I ve got any insight into why there's no money off, no tax credit with the cyber truck that i'm pretty surprised about that.

But you the way market data indicates the company has ten days worth of cyber truck orders hungry, but there were two million people waiting in line, but it's hard to determine the exact number of orders in the cube. But the rapid delivery times indicate there are being a backlog in the situation. Contract sharply with the previous expectations.

Even if you pre order of the psychology, you'll be waiting until at least twenty twenty seven. Now we are a year into production. I see almost if you look at the calendar, almost a year to the day since the cyber ruck was launched, customers can now order and get a cyber truck in a couple of weeks, really less than two weeks or ten days, as wait times have shifted from months to days.

The pressing question everyone is asking is whether test la can attracts buyers to the cyber truck to keep the lines running. Unlike other tesla models, which perform really well, the new tesla model 3， highland IT, has its option downs, of course, in various markets. But that's a fabulous of vehicle that continues to sell well.

But there isn't a patch on the model y, which continues to be the world's best at last year, was the world's best selling car. And I think in twenty twenty four, it's on target to do once again, the model y is crushing IT. The obvious labor to pull, I think, is going to be Priced ts or introductions of more affordable models.

IT has to be surely, once they get to the point of having nobody that wants and eighty thousand dollars siber truck anymore, they have to introduce Price cuts or financing options. As the quarter near its end, all they were announced, they finally done the paperwork for the federal tax credit. And that will take seven half thousand dollars of the vehicle.

Or they will launch A A different model with perhaps a smaller battery or a range or something. But I think ultimately, the consumers are going to win. They have to win because the test, I have almost nobody left that wants to buy as everybody that want to the cyber truck has got one.

And that's gotta win for the consumers. Surely, as my perspective, anyway, they have to launch more foodful models, but a financing office do something with the tax credit. You see that differently to me, then let me not love to hear from you.

But I think this has to be a for consumers if they want to keep the lines running. I'll wait and sleep. All right, let's take a quick break on the podcast. And when we come back, we got some off be charging to talk about and battery sell Prices stick around back in a mo. We mentioned trucking a moment ago on the podcast.

While dimond truck of north amErica has launched its first battery electric freight line in ecstatic, a aimed lowing carbon emissions in logistics, the electric truck will Operate at the detroit diesel CoOperation facility in redford, michigan, transforming components between an an outside warehouse and the production site that the e cascadia parts of diamond truck, north america's shuttle program. It's a part of a system has managed by the coming could load one. There are free solutions provider that's collaborated with dom since twenty eighteen.

The launch is part of dt nas broader initiative to integrate evs into their logistics Operations themselves on early implementations in areas that are done in in the specific northwest. Carol, arizona, mexico. And that is great news that they are rolling out those e cascade's freights line as now what about charging your revie at different times of the day? Would you be persuaded to go to a charging station at a different time of day if you have the flexibility, if you a road trip.

You probably don't have that flexibility. But if you did, would you choose to go somewhere because IT was cheaper? The automobile association here in the U.

K. The A, A, has just published their monthly E V recharge report, which reviews changes in the public charging infrastructure. And note able trend is emerging amongst the rapid charging Operators.

The cps charge point Operates but do dc fast charging, and that is adopting lower charging rates during off peak hours. This approach is intended to increase the usage of charging services throughout the day he can spread things out. The report indicates that evy users, especially those driving long distances at night, benefit from reduce rates.

The average Price of rapid charging here in the U. K. Embraced yourself. If you are the us.

And you are complaining about some of your pricing, that would be seventy five pens peculiar one hour. That's about a dollar per unit, a dollar peculiar hour. And that's not what you pay in the U.

S. All with a lot tax. And our electricity for dc fast charging, the government didn't touch that, sadly.

But if you choose to charge off pig off big pricing strategies of being rolled out, instant lt has lower the rates from ten P M to six A M, reducing the Price of fifty four pens per killer hour from the regular rate of eighty five pens per killing hour. And others are doing the same as well. The report was release shortly before the labor government's mn budget, which included various initiatives related to ease.

I made a full podcast on that over the weekend. By the way, you can check out if you even if sitting in your q, going through the daily news, let alone the bonus, shows that he does that, particularly of interest outside to my U. K.

listeners. But actually anyone around the world do you want know how we do in IT here? Have a listen that well, in september, global battery cell Prices hit new record lows.

According to benchmark mineral intelligence, this decrease is linked to falling new row material costs, particularly for lithium cobalt lithium ion fost. Fate cells have seen the most significant drop, averaging fifty nine dollars. Popular hour l fp.

Prices have fomented by twenty percent in the start of the year. Evan hardly is the research manager of benchmark matching the wild. Minor Price reductions may continue.

N, F, P, batteries already being sold for fifty dollars peculiar a hour. In some places, like originally intended for the chinese market, lfb packs have become a cost effective option compared to nickel. Cobalt manages n cm batteries, resulting increase market share.

That very, very common and things like buses in china for a long time. But I think I was really tesla and I started using the L, F, P. Packs more so than B, Y, D, because that's going back three, four years when we weren't talking about byd as much when they adopted them.

And everybody said, well, what's this new technology that testers discovered when I been around a long time and isn't particularly sexy? But since then, technologies really come on. The early testers that had nfp parks, they couldn't the bms calibration and the software wasn't quite up to snuff.

And we source really poor initially, very poor, like five, six killer charge beds and cold temperatures. Overnight, I had lots. My listeners in australia is particularly whether packs have been cold, soaked for two or three days away.

My car wo judge plugged any old judge. And that was when those L, P. Packs first came out. Well, since then, tesla and all the commagere that use them have already got a handle on how to use the technology. And it's so much cheaper, in some cases.

The global average Price for n cm cells, according to benchmark, is now sixty eight dollars per kilo water hour, an eleven point three percent dropped so far in twenty twenty four. And that much more in line with the Price is the ice, particularly in china as well. You sometimes see these studies like, you know the Price per cully, what our and gone down to one hundred and fifty dollars, no, a year old data.

But I know maybe the averaging that maybe the maybe that's not a pack level, not cell level. It's not not always made clear. But either way are these chinese can make is are talking about fifty sixty dollars popular one hour and so on, on some battery technologies that much more in line with what expect to see the overall reduction in battery material Prices this year put down to an oversupply and lower than expected electric vehicle sales from some of the car makers that had those contracts in place.

All right, let's talk a little bit more about street charging. Volt post to team up with A T, N, T to enhance TV charging in the U. S, including new york, chicago, detroit, the initial means that retrofit itt street lights level two charges that use T N T internet of things network.

The partnership aiim to boost the effectively reliability of charging stations with cloud based management volt posts cofounder and CEO Jeffery proximate as they leverage their existing electrical startups. Set ups to power street light charges and that eliminate trenching and underground stuff. And they can roll these things out much quicker.

In london. These streets are on streets, lamppost charging, enormously popular over here already. And so great greatly that happening in the U. S as well.

Hey, finally, maybe this is just want to think about what about general motors coming back to europe? Theyve talked about their strategy in the past, and they are going to be doing IT, not happening particularly quickly, if I may say. But general motors is moving forward with their plans to come back to the european market, focusing on direct consumer E V sales.

The company already introduced the catholic lyrick EV in parts of europe last year and has opens catholic city experience centres in paris, zero, Frank food and hamburg under the leadership of G, M, europe's new management, they were so preparing to launch the catalog optic evy next year. Now in lights of the car market over here in europe, which has seen the decline for traditional vehicles. And in some countries, for these particular in germany, along with rising competition from the chinese makes G.

M, is looking to expand their presence in the region. Volks wagon is facing difficulty face ult is, I told about that many times on the podcast. Gms renewed focus on europe is significant.

They have sold the european Operations back in two, two thousand seventeen wasn't IT after nearly a century in the market. Analysts suggesting the gm strategy of only selling evs in europe, probably reducing some of the risks of coming back over to the continent, and that could be beneficial. The wedbush security's analyst and I ve said that chaos creates opportunity, and that's how G M.

Is approaching this, that while competition is tough, ta and political issues have potentially hinder the chinese manufacturers or at least the cars made in china could remember all the cars like polestar, which you might think swedish that's although also chinese is very either way IT, depending IT doesn't matter who owns the company, if it's made in china, they they gonna be grappling with tariffs that could open the door to accompany, like G. M. So I wonder if we'll see more of those lyrics, optics, maybe more coming over here.

And I would love to see, see the market is like, but this obviously of issues around that away and say that I what possible that I like to our premium act posture of the village and since and ati, how day of since and anti I east and volvo cars of since and at the east national car charging on the U. S. Modeling and the low heart charging, how I direct Riley from neither o dot ie. And the nevo EV review island youtube channel and not to the elect vice global public charging mates, simple with one up and one map, have a good and set up. And remember, there's no such thing as a self charging hybrid.