Tesla's Supercharger network is generating significant revenue, with projections reaching $7.4 billion by 2030. A European study reveals plug-in hybrids emit far more CO2 in real-world use than official tests suggest. China's auto market shows strong growth in new energy vehicles and exports, raising concerns among global automakers about Chinese competition and potential plant relocations. Alfa Romeo unveils its first electric model, the Milano, produced in Poland. Diesel vehicles log the highest average mileage in the U.S., while insurance rates surge due to repair costs and extreme weather. Kia announces its first pickup truck, the Task Man, targeting adventurous buyers.
Topics:tesla supercharger revenueplug-in hybrid emissionschina new energy vehicle salesalfa romeo electric crossoverautomotive insurance ratesdiesel vehicle mileagekia pickup truck launchchinese automaker expansionvehicle data monitoringgm sales in china
- Tesla Superchargers Generate Big Bucks - PHEVs Emit Far More Emissions Than Claimed - China Q1 Sales Come Roaring Back - Tavares Warns About Chinese Plants in Italy - Milano is Alfa's 1st Electric - Wuling EV Sedan Starts at $15K in China - U.S. Auto Insurance Rates Up Dramatically - Diesel Owners Drive the Most - Kia Launching 1st Pickup Truck
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This is autoligned daily show dedicated to enthusiasts of the global automotive industry. Tesla
owners may not like the fact that Elon Musk is opening up the supercharger network to any ev, but it sure will generate a lot of money for the company. Bloomberg NEF estimates that last year those superchargers generated one point seven billion
dollars in revenue, and it's forecasting that Tesla could earn seven point four billion in revenue from its supercharger network by twenty thirty and seven hundred and forty million in profits, meaning they'll have a ten percent profit margin. Globally, Bloomberg
says revenue for all public charging stations will reach one hundred and twenty seven billion dollars by twenty thirty. Plug and hybrid vehicles are seen as a good transition
to fully electric, but a new study from Europe shows they emit way more emissions in the real world than they do in testing. The European Commission says
PES emit three hundred and fifty percent more CO two emissions in the real world than their WLTP tests, and that's because drivers don't charge or drive their vehicles on battery power as frequently as they figured. The data came from onboard monitors
equipped in six hundred thousand vehicles that was gathered in twenty twenty one. Onboard
monitors, which record fuel consumption and distance driven, have been mandatory since twenty twenty one in all EU vehicles that run on liquid fuels, but researchers say they can't come to firm conclusions yet because the data is self reported by automakers and there was a wide gap in reporting. Jaguar land Rover was the best
and sent data from forty three percent of its fleet, but most automakers sent five percent or less. New car sales in China got off to a shaky
start in the first two months of the year, but in March they came roaring back. For the first quarter of the year, automakers in China sold
six point seven million vehicles, up more than ten percent compared to the first three months of last year. First quarter sales of new energy vehicles, which
includes beevs and pe haves, surpassed two million units, up nearly thirty two percent, and they now have thirty one percent market share. Exports were also
upstrong, with one point three million vehicles shipped overseas, up thirty three percent from a year ago. Last year, China became the world's largest exporter of
vehicles, and naturally that has the rest of the world's automakers very worried.
And they're not just worried about Chinese exports. They're also worried about Chinese automakers
building assembly plants in other countries, especially in Europe. The Italian government is
in talks with Cherry to make cars in Italy, and Stillantis CEO Carlos Tavares warns that if that happens, Stalantis will have to close assembly plants there.
Quote. We're ready to battle. Reuter's quotes him as saying, but in
a battle, there will be casualties end quote. He may get lucky because
it looks like Cherry is going to Spain, but it can always expand, or another Chinese automaker could swoop in. Alfa Romeo took the wraps off a
new compact crossover called the Milano. It's offered as a hybrid or a BEEV,
and it's the first fully electric model from the brand. The electric features
of fifty four kilowad hour battery pack and two power outputs one hundred and fifty six horse power or two hundred and forty It has a range of four hundred and ten kilometers or two hundred and fifty four miles based on the WLTP test cycle. The hybrid's power train features a one point two liter three cylinder engine
combined with a forty eight volt lithium ion battery pack, a twenty one kilowat electric motor, and a six speed dual clutch transmission. That setup produces one
hundred and thirty six horse power. Besides the Milano being Alpha's first electric model,
it's also the first Alpha to be produced outside of Italy since the company's founding in nineteen ten. The model will be built in Poland, alongside the
Fiat six hundred and Jeep Avenger, which are also part of the Stalantis Group.
The decision to build the Milano in Poland isn't a popular one in Italy, but Stalantis CEO Carlos Tavares defended the decision by saying it would have had to charge ten thousand euros more if it was made in Italy instead of Poland.
Intrepid's NEOVIPI allowing automotive engineers to interface, capture and monitor vehicle data using Raspberry Pie. As a matter of fact, it's the automotive industry's first robust
platform for Raspberry Pie, featuring Intrepid canefting technology and Raspberry Pie compute module.
The NEOVIPI is designed for automotive environments, allowing use with relative power ranges and applications. The NEOVIPI enables you to use the Raspberry Pie for compute while avoiding
additional development to adapt to network environments. That makes the NEOVIPI powerful enough to
solve your vehicle network problems, yet small enough to fit in your backpack.
One of many Intrepid tools used for developing zonal architecture and software divine vehicles.
GM and its joint venture partners saw their sales dip four point six percent in China in the first quarter of the year, but their sales of new energy vehicles or nyvs were up over forty two percent to one and twenty eight thousand vehicles. One of the top sellers is the Wooling Starlight, a small plug
in hybrid sedan with a starting price around twelve five hundred bucks, and now it's getting an EV version as well, which should help boost sales even more.
It comes standard with a one hundred kilowatt or one hundred and thirty four horse power electric motor, and there's the option for a roughly forty two or fifty four kilowatt hour LFP or lithium iron phosphate battery pack. While similar in
most other ways to the plug in, the EV also gets its own unique front facia with a starting price of just over fifteen thousand dollars. We think
it's easy to see why the Wooling brand is so popular with customers. In
the first quarter in China, GM and its partners sold a little over four hundred and forty one thousand vehicles, but Wooling alone accounted for nearly two hundred and eighty one thousand of those sales. If you live in the US and
are getting ready to buy a new car, maybe you better check with your insurance company first. That's because insurance rates are going up fast. They're up
more than twenty two percent from a year ago, which is well above the inflation rate of three and a half percent. Insurance now accounts for about one
quarter of the cost of owning a car. The average rate across the country
has risen to one hundred and eighty two dollars a month or two thousand, one hundred and eighty four dollars a year. One reason it's going up so
much is that there's an increase in storm damage as more extreme weather is becoming increasingly common. Another reason is that cars have more complicated technology that cost more
to repair, and a shortage of car text doesn't help either. Now brace
yourselves. As bad as this sounds, the insurance shopping website and Surify predicts
rates will go up at least another seven percent this year. Diesel owners either
like to or have to drive more than other American drivers. According to Energy
dot gov's twenty twenty two National Household Travel Survey, the average diesel vehicle drove seventeen thousand, five hundred miles in twenty twenty two, and these are household miles, so we're not talking about big semi trucks. In a somewhat surprising
second place is plug in hybrids at just over sixteen thousand miles, and even regular hybrids beat out gas cars, which average fourteen one hundred miles. But
less surprising is that evs are at the back of the pack, with an average of twelve thy four hundred miles. Obviously, the market sizes for these
vehicles are widely different, but it's interesting to see the differences. We're guessing
that since most of the diesels are probably in pickup trucks, they're traveling long distances to get to that weekend cabin or hauling stuff for work. But what's
your guess for WYP have owners are driving so much? Kia t's that it's
going to launch its first ever pickup truck next year, called the task Men.
It says it's a C segment sized truck, which we guess would put it around the size of the Hyundai Santa Cruz. Kia calls it a lifestyle
truck like the Santa Cruz, but we bet it's more rugged looking. It
says the name is inspired by the island Tasmania and is meant to quote a Voca spirit of adventure and exploration. The task Man will also be sold in
markets like Korea, Australia, Africa in the Middle East, where traditional style pickups are much more popular. Say what's happening with that twenty five thousand dollars
car Tesla was supposed to come out with and that small twenty five thousand dollars EV that Ford is working on. Is that really a good idea? Do
Americans really want a small car? And could Toyota blindside everyone by coming out
with a killer EV as revolutionary as the first prius. Those are some of
the topics that are lined up for Auto Line after Hours. This afternoon we
have Bob Gritzinger from wards and Drone Levine, a host on Sirius Exam, joining John and Gary and we think you're really going to enjoy the show, which you can find on the auto Line website or our YouTube channel that brings us to the end of today's show. Thanks for making Autoline Daily a part
of your day. Auto Line Daily is brought to you by Bridgetone Solutions for
your Journey, Intrepid Control Systems, over the Air Engineering Boost your game, and by Tajin Automotive Technologies The Formula for Better Mobility. The Tajent Automotive Technologies
we combine world class composite materials expertise with cutting edge designs because frankly, there are better ways to lightweight vehicles, so lighten up with Tajing Automotive Technologies The Formula for Better Mobility When the piece and quiet of your morning commute is as comforting as your morning machiato. That's what really matters. Bridgetone Taranza ev tires
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