AD # 4196 - Expensive Cars Outsell Cheap Ones; ICE Is Making A Global Comeback; Why EVs Will Make A Comeback
About this episode
Internal combustion engine (ICE) vehicles are experiencing a surprising global resurgence as interest in electric vehicles (EVs) and hybrids declines due to concerns over cost, infrastructure, and government policies. Industry leaders like Lucid Motors acknowledge slowing EV demand, with Morgan Stanley predicting an 'EV winter.' Meanwhile, companies like Redwood Materials pivot towards energy storage amid shifting market needs. The episode also highlights new vehicle launches, including Kia's updated Seltos and Subaru's competitively priced Uncharted EV. Notably, luxury vehicles priced above $75,000 outsold more affordable models, reflecting changing consumer preferences and affordability challenges.
Kia Seltos
"Learn more at VCSP dot com. Speaker 1: Keia took the wraps off the all new Selto's Compact SEV and it gets a fresh look inside and out. It comes with three powertrain setups at launch, a one point six liter turbocharged gasoline engine that can be mated with a seven speed dual clutch transmission or a six speed manual. A higher output version of that engine is"
Subaru Uncharted
"...rom ten to eighty percent and thirty minutes. The uncharted is based on the electric Toyota CHR and it's buil..."
Toyota Chr
"...y minutes. The uncharted is based on the electric Toyota CHR and it's built in Japan. Here's a fascinating fac..."
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.
Help improve this episode
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.