AD #3819 - J.D. Power Sees 1.6 Million U.S. EV Sales; What OEMs Are Spending on R and D; BMW Uses 3D Printed Parts to Run Robots Faster
About this episode
Automakers face unexpected challenges in 2024 despite the end of COVID and chip shortages, with rising incentives due to higher interest and insurance costs. Tesla and EV startups struggle with demand, prompting questions about Tesla's growth goals and styling updates. R&D spending varies widely among manufacturers, with Volkswagen leading. Hydrogen-powered diesel engines are gaining interest for heavy trucks as a zero-emission solution. BMW innovates with 3D printed parts to reduce manufacturing emissions and improve efficiency. JD Power forecasts 1.6 million US EV sales this year but warns of fierce competition in key segments, highlighting the need for incentives during the transition.
Tesla Model Y
"...Reuter's reports that Tesla cut production of the Model Y at its plant in Shanghai by at least twenty perce..."
Volkswagen Golf
"...en is showing off an even sportier version of the golf GTI called the club Sport. It features unique sty..."
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