AD #4118 - Jaguar's New Strategy Has Dealers Bailing; NIO Batteries Retailing for $150/kWh; Tesla Brings Back Turn Signal Stalk
About this episode
Jaguar is shifting to an all-electric lineup with significantly higher prices, causing some dealers to drop the brand amid low sales volumes. Chinese automakers like Leap Motor and Shaomi are showing signs of profitability and expanding globally. Tesla is reintroducing the turn signal stalk on Model 3s in China and launching a longer, six-passenger Model Y variant. Audi is launching a China-specific electric model with advanced tech, while NIO cuts battery prices to $150/kWh, enhancing upgrade options. Volkswagen commits to 10,000 autonomous ID Buzz vans for Uber, and BMW unveils a more efficient sixth-gen electric motor. A Gartner study highlights Tesla and Chinese EV startups as digital leaders, while legacy automakers lag behind. Mining giant Glencore acquires EV battery recycler Life Cycle, integrating it into its operations.
Tesla Model Y
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