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AD #3852 - EV Chargers Will Outnumber Gas Stations Soon; Tesla Could Drop 4680 Battery Cells; Hybrids Drive EU Sales Growth

AD #3852 - EV Chargers Will Outnumber Gas Stations Soon; Tesla Could Drop 4680 Battery Cells; Hybrids Drive EU Sales Growth

Autoline Daily Jul 18, 2024 10 min
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About this episode

The US EV fast charging network is rapidly expanding, with projections that chargers will outnumber gas stations within eight years. Tesla may abandon its 4680 battery cell project due to production challenges. European car sales grew 3.6% in June, driven by hybrids, while EV sales plateaued. Volvo reported strong profits with BEVs making up 26% of sales. Volkswagen launched a new EV sub-brand in China, and BMW is testing innovative dual-rotor electric motors with startup Deep Drive. BYD plans to standardize advanced driver assistance systems on affordable cars within three years.

Topics: ev charging expansion tesla 4680 battery cells battery recycling european car sales hybrid growth volvo ev profits volkswagen china ev bmw dual rotor motors byd driver assistance systems magna production changes
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