AD #3748 - BorgWarner Gets Rights to Build BYD's Blade Battery; U.S. Impounds VW's Luxury Cars; Ford Thinks Chinese Prepping to Enter the U.
About this episode
Thousands of VW luxury vehicles were impounded in the US due to forced labor concerns linked to a Chinese component, prompting VW to replace parts and negotiate ending ties with the implicated plant. Stellantis reported strong earnings despite a strike impacting US profit sharing and faces pressure from Italy to increase domestic production. Continental is cutting over 7,000 jobs amid declining ICE sales and EV demand. BorgWarner secured rights to BYD's Blade battery technology and expanded EV component deals in China. GM is expanding its Super Cruise network and planning an electric Corvette by 2028. Ford warns of Chinese automakers entering the US market with low-cost EVs, spurring its own cost-cutting EV projects. The episode also previews a discussion with automotive tech expert Larry Burns.
Chevrolet Corvette
"...charge. In speaking of GM, its first all electric Corvette sports car will likely go into production in twen..."
Toyota Crown
"...ectric corvette. The Corvette SUV could take that crown. It's supposed to launch next year sometime, init..."
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