AD #3559 - Q1 Global EV Sales Hit 1.8 Million; Worlds’ Biggest EV Battery Makers; Tesla Brings Back Long Range M3
About this episode
Rupert Stadler avoids jail by admitting involvement in VW's diesel scandal and paying a hefty fine. Ford and Stellantis report strong Q1 earnings, with Ford showing significant profit growth despite EV losses. GM announces key management shifts, highlighting a rising star in EV engineering. Tesla reintroduces the Long Range Model 3 with reduced range and partial tax credit eligibility. China dominates global EV battery production, while Fisker aims to popularize battery swapping in the US. Fuel cell trucks gain momentum with Toyota, Paccar, and UNDE expanding efforts. Global EV sales hit 2.55 million in Q1, led by China and battery electric vehicles.
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