AD #3772 - Shell Dumping Gas Stations for EV Charging Network; NEVs About to Hit 50% Market Share in China; German Auto Industry to Lose 100
About this episode
Shell is divesting 1,000 gas stations to expand its EV charging network, aiming for 200,000 chargers globally by 2030, focusing on China and Europe. China's new energy vehicles (NEVs) are nearing 50% market share, despite an overcrowded EV market and price wars. German suppliers face job cuts amid industry shifts, while some, like Via, see growth. Peugeot's new 5008 SUV offers multiple electrified powertrains with advanced tech, and Hyundai launches a more luxurious Santa Fe in the US. Volkswagen deepens ties with Israeli AV tech firm Mobileye for future automated driving systems.
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.