AD #4066 - Hyundai Boosts Prices in The U.S.; GM Expects Tariff Deal with South Korea; CATL Claims Battery Breakthrough
About this episode
Hyundai plans a 1% price increase across its US lineup due to tariffs, with other automakers likely to follow. GM anticipates a tariff deal with South Korea, affecting imported models like the Chevy Trailblazer. Tesla's earnings could be impacted if US CO2 regulations are weakened, as it relies heavily on selling ZEV credits. Ford warns that proposed EV tax credit removals could jeopardize its Michigan battery plant, which uses Chinese tech. CATL claims a breakthrough in lithium metal battery life and energy density. Meanwhile, the Chinese auto industry faces overcapacity and internal conflicts, and Alfa Romeo delays the next-gen Stelvio due to a shift from all-electric to hybrid development.
Alfa Romeo Stelvio
"...ke it's going to delay the launch of the next gen Stelvio. The all new version was supposed to be revealed ..."
Jeep Brands Jeep
"the model was supposed to be all electric, and it sounds like that hybrid development is what's causing the delays. Speaking of Stalantis brands, Jeep says that the all new Cherokee, which will be offered as an IC, a plug in hybrid, or a pure electric, will make its debut later this year, so stay tuned for that. But that's a wrap for today's show and this week, and I hope that you have a great weekend."
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