AD #4179 - Solid-State Batteries Getting Overhyped; Subprime Defaults Hit All-Time High; VW Could Use Rivian Architecture for ICEs

Subprime car loan defaults in the US have hit record highs, raising concerns reminiscent of the 2009 recession. Experts caution that solid-state batteries, often touted as a breakthrough, won’t see mass production until after 2030, despite some automakers' optimistic timelines. Volkswagen plans to use Rivian’s zonal electronic architecture across its lineup, including ICE vehicles. The episode also covers the booming valuation of Formula One teams, Toyota’s new US battery plant, advancements in robotaxi services in China and the US, and China’s proposal to limit car acceleration speeds. Finally, the discussion touches on automakers potentially outsourcing powertrain development to save costs.