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.
Topics:jaguar electric strategychinese automaker profitabilitytesla turn signal stalktesla model y long versionaudi china ev launchnio battery pricingvolkswagen uber autonomous vansbmw electric motor innovationautomaker digital competitivenessglencore battery recycling acquisition
- Jaguar's New Strategy Has Dealers Bailing - Leapmotor Posts 1st Profit - XPeng and Xiaomi Expect 2nd Half Profit - Tesla Brings Back Turn Signal Stalk - Tesla Launches Long Wheelbase Model Y - AUDI E5 Sportback Shows New Design Language - NIO Batteries Retailing for $150/kWh - Uber to Add 10K Self-Driving ID. BUZZs - BMW's New EV Motor 40% More Efficient - Tesla, Chinese Top Digital Leader Board - Bankrupt Li-Cycle Gets Bought Up
"...d China, the stretched. Speaker 1: Version of the Model Y is officially launching and starts at just over f..."
Select text to request an explanation
Speaker 1: This is Autoline Daily, the show dedicated to enthusiasts of the global automotive industry. Jaguars strategy to survive is to
go all electric and double its prices. That's pretty risky
considering current market conditions, and a number of its dealers are dropping the brand. Jag stopped producing all but one
of its ICE vehicles over a year ago, so it has essentially been out of the market. The first of
its new EV models, a Ford or Sedan, goes on sale next year, and Jaguar is aiming to double its average transaction prices from sixty five thousand to one hundred and thirty thousand dollars, but since its dealers have been dropping out, the models will mostly be sold at dealers that also sell land Rovers. Jaguar only sold a little
over sixty four thousand vehicles in twenty twenty three, and that was before it started phasing out its lineup. That
wasn't enough volume toime to sustain the brand, which is why it's trying to double prices and become more exclusive, but that still means it will have to juggle lower volume.
Chinese auto makers have been on a tear both.
Speaker 2: In their home market and overseas.
Speaker 1: Up till now, only a handful of them have made a profit, but we may be starting to see that turnaround.
Leap Motor, which is partly owned by Stilantis, posted a first half profit of four point six million dollars. That
is not a lot of money, but last year it lost three hundred million dollars in the first half, and sales are growing faster than it expected, so the second half should be even better. Japong expects its sales and
revenue to more than double in the next quarter, and Shaomi also narrowed its losses in the last quarter and expects to be profitable in the second half of the year.
Shaomi announced plans to expand into Europe in twenty twenty.
Speaker 2: Seven as well.
Speaker 1: The top Chinese automakers are strong competitors, and if more of them start making.
Speaker 2: Money, they're only gonna get tougher.
Speaker 1: About two years ago, Tesla removed the Model three's turn signal stock which got incorporated into a button on the steering wheel, as well as the gear selector and windshield wiper stock which got incorporated into the center screen.
Speaker 2: Well, one of those features is coming back, at least in China.
Speaker 1: All new Model threes will now come standard with the turn signal stock again, and Tesla will sell it to owners that have the updated Model three for three hundred and fifty bucks. Owners all around the world complained when
Tesla got rid of the feature, so we wouldn't be surprised to see the updates spread to other markets as well.
Speaker 2: And speaking of Tesla and China, the stretched.
Speaker 1: Version of the Model Y is officially launching and starts at just over forty seven thousand dollars. The wheelbase of
the Model YL is about six inches longer. Overall length
is up by a little over seven inches, and it's also a little taller. That allowed Tesla to add a
third row, giving the Model YL room for six passengers, which will open it up to more of the market, and with sales down at Tesla, a.
Speaker 2: Broader market appeal is a good thing.
Speaker 1: It's also why we think it brings the turn signal stock back to other markets.
Speaker 3: Performance that shines even in the rain, that's what really matters.
Rich don't pretends to tires improved grip in wet conditions.
Speaker 1: The Audi brand that Audi created specifically for the Chinese market, which has its name spelled out in all caps instead of the four ring logo and will use a platform that it developed with SEIC. Is about to launch its
first model, the Audi E five Sportback, will be offered in.
Speaker 2: Four trim level.
Speaker 1: There will be battery packs that range from seventy six to one hundred kilowad hours. Both rear and all wheel
drive are available, and output spans from about three hundred up to seven hundred and seventy horse power. The interior
is fairly simple and is dominated by a nearly sixty inch display screen that runs off a Qualcom technology. The
vehicle will also be supported by an eight ass system that comes from Momenta. Pricing will range from about thirty
three thousand to forty four thousand, five hundred dollars, and two more models built at the same plant in China as the E five, will be coming in the next two years. Audi formed its partnership with seic for these
models two years ago, and I don't think it could have created similar vehicles on its own in that amount of time without SEIC. Neo is slashing the price of
its long range battery in China by nearly three thousand dollars.
The one hundred kilowad hour pack which is an option in most of Neo's models, will now cost fifteen thousand dollars, and anyone that's already purchased a vehicle with the battery so far this year.
Speaker 2: Will receive the same discount.
Speaker 1: Since Neo's packs are swappable, it also allows owners to upgrade to a bigger pack, and it will now cost anyone that permanently upgrades to the one hundred kilowod hour battery a little over five thousand dollars, which includes the same discount as purchasing the pack outright. So if a
one hundred kilowad hour battery pack costs fifteen thousand dollars, that means that Neo's retail customers are paying one hundred and fifty dollars per kilowod hour. Back in April, Volkswagen
signed a deal with Uber to supply it with autonomous ID buzzes.
Speaker 2: At the time, the company said the.
Speaker 1: Deal was for thousands of vehicles, but now we know the exact number. Automotive News reports that the order is
for ten thousand ID buzzes over the.
Speaker 2: Next ten years.
Speaker 1: Uber plans to start adding the autonomous vans to its fleet next year, first.
Speaker 2: In Los Angeles.
Speaker 1: The robotaxi business is expected to really take off by the end of the decade. ABI Research estimates that there
will be eleven million shared driverless vehicles globally by twenty thirty.
BMW released a bit more information about it six gen electric motors that will be used in its new class EV models. By completely redesigning the rotors, stater and inverter,
BMW says it took out twenty percent of the cost, ten percent of the weight, and reduced energy loss by forty percent compared to its previous version. The eight hundred
volt motor also uses silicon carbide microprocessors for more efficiency.
They'll be made in house alongside gasoline and diesel engines at BMW's engine plant in Austria. Not Surprisingly, EV startups
and Chinese automakers ranked the highest in Gartner's twenty twenty five Digital Automateer Index. The study looked at twenty four
automakers and focused on how much of a priority software is at the company, as well as how advanced a company software technology is.
Speaker 2: Tesla rank number one for the third year.
Speaker 1: In a row, and the rest of the top five are all Chinese automakers. Neo was second, followed by Shaomi,
Jipunng and Liatto. General Motors and the Hyundai Group were
the only legacy automakers to rank in the top ten, at number nine and ten respectively. Gartner says legacy automakers
struggled because they haven't shown substantial leadership or cultural changes, and they haven't made major progress with their tech to become digitally competitive in the future. The giant mining company
Glencore just acquired Canadian evy battery recycling company life Cycle, which filed for bankruptcy in May. Glen Core bought its
assets through a quart a proved sales process and pay just over forty three million dollars for life Cycle's plants in the US, Europe and Canada, as well as its intellectual property. It seems like a strange acquisition, but glen
Core was a major backer of the startup, investing two hundred million dollars in life Cycle in twenty twenty two.
Glen Core already does a lot of recycling and will likely fold life Cycle into those operations. And that's a
wrap for today's show. Banks for making autoline a part
of your day.
Speaker 4: Auto Line Daily is brought to you by Bridgestone solutions for your journey. CSP the Composites solution partner Intrepid Control
Systems over the y air engineering boost your game and thanks to the following YouTube and Patreon members.
Speaker 5: 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 neofi 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 4: At CSP, we work with OEM engineers across the country on their journeys to lighter, safer, and more eco friendly vehicles.
Speaker 2: Learn more at VCSP dot com.
Request an explanation for:
1 cars
1 cars featured
Request an Explanation
Heard something you'd like explained? We'll add it to this episode.
Sign in to request explanations for terms you heard.
Want to learn more?
Browse our glossary for plain-English explanations of automotive terms, jargon, and concepts.
See something that's not quite right? Our annotations are AI-generated and can sometimes miss the mark.
Click the flag icon on any annotation to suggest a correction.
