AD #4062 - U.S. Senate Blocks California EV Mandate; GM EV Market Share in U.S. Hits 14%; Used Car Prices Top $30,000 Once Again
About this episode
The U.S. Senate voted to block California's EV emission standards waiver, sparking a legal battle as the state challenges the repeal. GM's EV market share in the U.S. rose to 14.4%, with strong sales growth, while used car prices topped $30,000 due to supply shortages. Toyota regained investor confidence despite past governance concerns. The episode also covers tariff disputes affecting U.S. automakers, China's rising EV sales in Europe, and Shaomi's new high-performance U7 SUV. Ford filed a racketeering lawsuit against law firms over fraudulent claims, highlighting legal challenges automakers face in the U.S.
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