AD #3612 - GM Still Struggling to Make Ultium EVs; Competition Impacting CATL; Folding Steering Wheel Coming Soon
About this episode
General Motors reported strong Q2 earnings with increased vehicle sales but continues to struggle with Ultium EV production, mainly selling Bolt EVs which are being discontinued. Chinese battery maker CATL posted solid profits but faces growing competition from BYD. Hyundai opened a new battery research center aiming to drastically cut costs by 2030. Tesla is in talks to build a $24,000 EV in India for export. ZF plans to launch a foldable steering wheel in China soon, enhancing in-car entertainment. Mercedes is piloting connected car tech to help cities detect road issues. Hyundai is accelerating software fixes for theft vulnerabilities. Plus, a detailed review of the new Mustang GT highlights its balanced performance and unique V8 easter eggs.
Ford Mustang GTD
"...ilizer. As I said yesterday, I can talk about the Mustang GT today, so let's get into it. I drove a convertibl..."
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