From FutureAZA.
Thank you Mark from @TheTeslaLife for joining the discussion.
Links from today’s show:
Volkswagen plans to close as many as three of its German factories, a move unprecedented in the brand’s history, as it looks to cut more than $4.3 billion in costs. The powerful workers’ union is hinting at strikes to prevent the cuts.
https://www.caranddriver.com/news/a62737852/volkswagen-financial-woes-german-plant-closures/
Automaker Stellantis expects to quickly grow sales of China-made electric vehicles outside of the country through a new joint venture with Leapmotor, starting later this year. The announcement comes amid increasing geopolitical tensions surrounding China-made electric vehicles in the U.S., Europe and other regions.
https://www.cnbc.com/2024/05/14/stellantis-china-ev-exports.html
The European Commission has given the final green light to steep tariffs on electric vehicles (EVs) made in China, officially closing the probe that began one year ago. The tariffs will apply as of Wednesday and remain in place for the next five years. In the meantime, Brussels will continue negotiations with Beijing in an attempt to secure a deal on minimum prices that can replace the tariffs. However, this solution, advocated by Germany, is highly complex and would be difficult to implement on the ground.
https://www.euronews.com/my-europe/2024/10/29/eu-gives-final-green-light-to-steep-tariffs-on-chinese-electric-cars
Volkswagen today asked its workers to take a 10% pay cut. The company says it is the only way that Europe’s biggest carmaker could save jobs and remain competitive as profits plunged to a three-year low and union bosses threatened strikes.
https://x.com/SawyerMerritt/status/1851717473747312918
The (stripped down) Xiaomi SU7 Ultra EV prototype has become the fastest 4-door car at the Nürburgring with a lap time of 6:46.874
https://x.com/SawyerMerritt/status/1851272946158858672
15 Fastest EVs to Lap the Nürburgring. Some are production cars, others are track-only—but all of them are silent speed demons.
https://www.motor1.com/features/712434/fastest-ev-nurburgring/
Ford CEO Jim Farley said in a recent podcast interview that he’s been driving an electric vehicle made by Chinese electronics company Xiaomi and “doesn’t want to give it up.” The model, the Xiaomi SU7, looks similar to a Porsche Panamera sedan and starts at about $30,300, with the top-of-the-line variant going for about $42,100.
https://gizmodo.com/ford-ceo-has-been-driving-a-xiaomi-ev-for-6-months-and-doesnt-want-to-give-it-up-2000516494
China’s Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production for its electric car venture in a fiercely competitive market. Xiaomi on Tuesday also announced it was taking preorders for the high-end sports version, SU7 Ultra, starting at 814,900 yuan ($114,304), ahead of the product release in March 2025.
https://www.cnbc.com/2024/10/30/chinese-smartphone-company-xiaomi-delivers-20000-su7-evs-in-october.html
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