AD #3939 - EU Wants China OEMs to Transfer Tech; More EV Makers Could Turn Profit Soon; Trump Picks New Head of DoT
0:00
9:54
LIVE
Speaker 1: This is Ouderline Daily, the show dedicated to enthusiasts of the global automotive industry. President elect Trump is moving fast
to fill his cabinet, and he chose Sean Duffy to head up the Department of Transportation, which is now run by Pete Boodagg. Duffy is a former congressman from Wisconsin
and is also a host of Fox Business News. Automotive
News reported that Trump was considering executives who had worked at Uber and Lyft to run the department, but decided to go with Duffy instead. Where this gets interesting is
that the Department of Transportation is investigating Tesla's full self driving technology, and the Federal Aviation Administration, which is part of the DOT, is investigating SpaceX. Elon Musk has emerged
as a central figure in Trump's transition plans, and he will likely want the DOT to back off. The CEO
of the French Supply Valeo is sounding alarms over the threat that China poses for Europe's auto industry. He's calling
on EU officials to help level the playing field since EU companies are dealing with higher energy costs and wages than Chinese competitors. The CEO emphasized he wasn't advocating for protectionism. Rather,
he'd like to see the EU adopt similar policies to the US Inflation Reduction Act, which provides incentives to companies for local production. If the EU doesn't take any action,
he warns that companies could be forced to move production and some may not survive. But Europe is taking measures
to protect its auto industry. Last month, it increased tariffs
on Chinese made evs up to thirty five percent, and now The Financial Times reports that the EU is planning to force Chinese companies to share intellectual property with European businesses and have factories in Europe in order to receive subsidies.
It will first apply to battery companies, but the plan could be rolled out to other sectors as well. Like
many cities around the world, New York City is adopting a congestion fee to help reduce emissions. The city's Metropolitan
Transit Authority approve the toll, which will charge drivers nine dollars to enter Manhattan during certain times of the day, which then increases to fifteen dollars in twenty thirty one.
The program is expected to raise fifteen billion dollars, which will be used to update New York's public transportation system that's more than one hundred years old. The toll goes
into effect in early January, but President Electrump has previously said he opposes the fees and will terminate them once he's back in office.
Speaker 2: Developing today's vehicles, issues can happen in an instant. When's
the best time to solve a problem? The minute you
know you have one. Meet Wireless neov Cloud. You're secure
off the shelf solution, empowering real time collaboration for quick resolution.
With Wireless neov Cloud, your team can prevent issues before they can escalate. Driver communication, data and remote diagnostics to
analyze and resolve your problems using OTA, allowing your executives oversight throughout the process. Wireless neov Cloud your vehicle update
solution in production and on the road intrepid control systems driven by your data.
Speaker 1: A battery company that's controlled by Chinese automaker Cherry says it's building the world's first production line that can make fully solid state batteries at the gigawatt hour level. Car
News China reports the site could start operating within the next few months. And will eventually have the capacity to
make five gigawatt hours of batteries a year. It also
says the first solid state cells will have an energy density similar to some of today's liquid electrolyte lithium ion batteries at over two hundred and eighty watt hours per kilogram, but that is expected to ramp up quickly. A second
gen cell is supposed to launch next year with an energy density of four hundred watt hours per kilogram, then going to five hundred by twenty twenty seven. Solid state
batteries are also less likely to experience thermal runaway, can handle faster charging speeds, more charging cycles, and aren't as susceptible to extreme weather. Liquid versus gas hydrogen is more
energy dense and it doesn't have to be stored in high pressure tanks, but it does have to be stored at cryogenic temperatures otherwise liquid hydrogen starts boiling off into its gas form. Toyota is interested in trying to come
up with a way to capture that boiled off gas and reuse it because it currently raises ice cars that run on liquid hydrogen fuel, but also has plans to offer the setup in other places of its lineup. So
Toyota is presenting a concept that first sends the boil off gas into a tank, which uses the pressure of the incoming gas to increase the pressure in the tank by two to four times. It says that can convert
the boil off gas back into a usable fuel, which will then be supplied back to the engine. However, not
all boil off gas can be converted back to fuel, so Toyota developed a small fuel cell stack that can produce electricity equivalent to an alternator, which could then power something like the fuel pump, and any leftover boil off gases converted into water vapor through the exhaust system. Toyota
says it's looking for development partners, and I think Daimler and Volvo truck could benefit from a system like this.
While the truck makers aren't developing ices that run on hydrogen, they are working on liquid hydrogen fuel cell trucks. Tesla
is pulling a lot of its sales levers and we think it's headed for a blowout quarter. It recently started
offering discounts as well as free periods of supercharger access and or FSD, and now it's chopping the least price of the Model Y in the US to two hundred and ninety nine dollars a month, which is the same as the Model three, even though the Y has a starting price that's twenty five hundred dollars more than the three.
In order to hit its targets for the year, Tesla needs to deliver over five hundred thousand vehicles in the fourth quarter, which would be a record for them company.
All Chinese ANYV makers lose money, except for byd and Liatto, but Japung and Jiomi could be turning the corner. Japong
says its Q four revenue will beat what Wall Street expected by at least eighty three million dollars, which would bring its total revenue to over two hundred million, and that's because it expects car sales to come in anywhere from forty four to fifty one percent above where they were a year ago. Meanwhile, Jiomi said it lost two
hundred and seven million dollars in the third quarter, but its gross margin hit seventeen percent and its revenue grew thirty percent thanks to strong sales of its SU seven ev Remember this is the company that's built and sold one hundred thousand cars in under two hundred and fifty days and set a new track record at the nurburg Ring with a concept version of SU seven called the Ultra.
Jaomi is also the world's third largest smartphone maker, and its automotive revenue only accounts for eight percent of its total revenue, so it can more easily wait for its cars to start making money compared to other evy startups, General Motors and its joint venture partners in China, Seic and Wu Ling announced a partnership with battery maker CTL to adopt its swappable battery technology for commercial vehicles. It's
a scalable system where a vehicle can install anywhere from one to three battery modules. Each module has a capacity
of twenty six point five kilowat hours, which provides two hundred kilometers or one hundred and twenty four miles of range.
Catl's battery swap stations, called Evogo, can swap a battery in a minute. There are currently fewer than three hundred
in China, but it plans to have more than three thousand stations in twenty twenty seven. And that brings us
to the end of today's show. Thanks for making autoline
a part of your day.
Speaker 3: Auto Line Daily is brought to you by Bridgestone Solutions for your journey, Intrepid Control Systems, over the air engineering boost your game, and by Tajan Automotive Technologies the formula for better mobility, making the.
Speaker 2: Life full of memories, one road trip at a time.
Speaker 1: That's what really matters.
Speaker 2: Bridgetoon Weather Peak Tires with.
Speaker 1: A seventy thousand mile women at warranty.
Speaker 3: There's nothing wrong with heavy metal. Hey light enough, but
with world class composite material, Taging Automotive Technologies makes vehicles lighter, safer, and more eco friendly
0:00
9:54