The Porsche Cayenne is a fancy SUV made by Porsche. It’s known for being fast and comfortable, making it a good choice for people who want a luxury vehicle.
An electric vehicle is a type of car that runs on electricity instead of gas. They are often better for the environment because they produce less pollution.
Turboelectric means the car uses both a turbocharged engine and electric motors to make it faster and more efficient. It helps the car perform better while using less fuel.
A kilowatt-hour is a way to measure how much energy a battery can store. The more kilowatt-hours, the longer an electric car can drive before needing to be charged.
Tariffs are extra fees that countries charge on products coming from other countries. They can make imported cars more expensive, affecting how many people buy them.
Low interest loans are loans that charge less money for borrowing than usual. This means you pay less extra money when you buy a car with this type of loan.
Shiaomi is a tech company that makes gadgets like phones, and they are also starting to make electric cars. This shows how technology companies are getting into the car business.
Company
Chipang
Chipang is a car company that is making electric cars. They are one of the new companies trying to compete with bigger brands in the car market.
The Tesla Model Y is an electric SUV that is a bit bigger than the Model 3. It has more room for passengers and cargo, making it a good option for families.
The Tesla Model 3 is a popular electric car known for being more affordable than other Tesla models. It offers good performance and a long driving range on a single charge.
New energy vehicles are cars that use energy sources like electricity instead of gasoline. They include electric cars and hybrids that can use both electricity and gas.
Audi is a brand that makes luxury cars known for their quality and technology. They are part of the larger Volkswagen Group.
LIVE
Speaker 1: This is Outline Daily, the show dedicated to enthusiasts of the global automotive industry. As strange as it sounds, President
Trump seems to be paving the way for Chinese automakers to build and sell cars in the US market. At
a speech he gave in Detroit, of all places, the President said he would welcome Chinese car plants in the US, and last Friday, the Trump administration pushed out the person at the Commerce Department, Elizabeth Cannon, who had effectively banned Chinese technology and cars that had anything to do with connectivity and data collection. She based that for national security reasons.
As you may know, Audoline broke the story that Gili wants to build cars in the US at the Volvo plant in South Carolina, since Gilie owns Volvo and this must be music to Gili's ears. But it sure is
surprising to see President Trump paving the way for Chinese automakers to set up shop in the United States. Meanwhile,
things are not all that rosy for retailers in China's car market. Since the price war broke out in China
over three years ago, roughly eight thousand dealerships have gone out of business, Today comes news that Li Auto, which used to be one of the few Chinese automakers that's profitable, is closing one hundred retail stores as sales fail to meet projections, and Porsche is going to close thirty percent of its dealers as sales continue to create. You know,
there's been a lot of talk about China's auto industry needing to restructure because of its massive overcapacity, and all these dealerships that are going out of business may be an indication that that process has already started. Meanwhile, Porsche
is not giving up on the Chinese market. It's going
to use the Beijing Auto Show for the globe global public debut of the all electric Cayenne. There are two models.
Customers can choose from the base model with four hundred and eight horse power or the top of the line turboelectric with eight hundred and fifty seven horses that jumps to one thousand, one hundred and fifty six horse power under launch control. Both models come with an eight hundred
volte architecture and a one hundred and thirteen kilawat hour battery pack. While Porsche unveiled the Kayen Evy digitally back
in November, it wants to make a big splash at the Beijing Show to try and turn its China operations around.
Speaker 2: The automotive and industrial sectors are undergoing a historic transformation electrification, digitalization, supply chain reinvention, regulatory shifts. The pace is accelerating and
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Speaker 1: Good news for European automakers. Reuter's reports that India agreed
to slash tariffs on EU car imports from as high as one hundred and ten percent today down to forty percent for some vehicles, and it will be lowered to ten percent over time. The lower tariffs will apply to
about two hundred thousand gasoline powered cars that are priced above fifteen thousand euros. Tariffs will not be lowered for
fully electric vehicles the first five years of the deal, and that's to protect EV investments made by India's domestic automakers.
But after five years evs will see similar cuts and tariffs.
This should help European automakers gain a better foothold in the country because right now they only account for four percent of India's annual four point four million car sales.
You know, India is considered to be the last big growth market for the auto industry in the world, and European automakers want to make sure they get a foothold.
With the Chinese government starting to crack down on car companies that cut prices, automakers are turning to longer, low interest loans to lower prices for consumers. Tesla, Shiaomi, Chipang,
and Liauto are now offering seven year loans with interest rates as low as one half of one percent, but with big down payments. You can get a Sham seven
for just three hundred and seventy dollars a month with a seven thousand, one hundred dollars down payment. Chapong offers
a seven year option across its entire line up with a fifteen percent deposit and monthly payments of only one hundred and ninety dollars. Le Auto requires a down payment
of four thousand, six hundred dollars for monthly payments as low as three hundred and seventy dollars, and Tesla has a seven year plan for the Model three in Model Y with monthly payments starting at only two hundred and seventy five dollars and staying in China for the moment.
The country's Ministry of Public Security reports there are now four hundred and sixty nine million vehicles on its roads, including commercial vehicles. That's nearly two hundred million more vehicles
than the US has. Passenger cars account for three hundred
and sixty six million of them. The recipe in commercial vehicles,
there are now almost forty four million new energy vehicles, including evs, plugins and E revs, they only account for twelve percent of all the cars on the road. The
Volkswagen Group is slashing R and D and CAPEX spending by at least twenty billion euros by twenty thirty to try and preserve capital, and one of the casualties of that decision is eliminating a US assembly plant for Audi, which has to import vehicles from Europe and Mexico, which get hit by tariffs. On last week's out of Line
after Hours, Ryan Decker, who runs strategy for Scout said they're ready to make vehicles for other automakers at the assembly plant that they're building in South Carolina, and that would be perfect for AUDI except for one thing. Volkswagens
US dealers are suing the company for wanting to bypass them and sell Scouts directly to consumers. Scout is doing
everything it can to say it's a separate company from VW and that franchise loss do not apply to it.
But if it started building outies in its plan, VW dealers would certainly use that as legal ammunition to argue that Scout is actually part of the Volkswagon group. And
that wraps up today's news. But before we sign off,
I want to thank all of our Patreon on YouTube members.
It's your support that makes it possible for Autoline to continue to bring you use and analysis of the global automotive industry.
Speaker 3: Auto Line Daily is brought to you by Alex Partners.
When it really matters, CSP, the Composites Solution Partner, Intrepid Control Systems, over the Air Engineering boost your game and thanks to the following YouTube and Patreon members.
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Speaker 3: At CSP, we work with OEM engineers across the country on their journeys.
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About this episode
President Trump's surprising shift towards welcoming Chinese automakers in the U.S. is explored, particularly with Gili's plans to build cars at the Volvo plant in South Carolina. Meanwhile, the Chinese auto market faces turmoil, with thousands of dealerships closing amid a price war. The episode also discusses Porsche's strategy to revitalize its presence in China with the electric Cayenne debut at the Beijing Auto Show. Additionally, European automakers gain a potential advantage in India with reduced tariffs, while Volkswagen cuts R&D spending and faces legal challenges regarding its Scout brand.
- Trump Opens the Door to Chinese Car Plants in The U.S. - 8,000 Dealers Gone: The Brutal Restructuring of China’s Auto Market - Porsche’s 1,156-HP Electric Cayenne Aims to Save Its Chinese Business - India Slashes Tariffs on EU Cars To 40%—Is an Export Boom Coming? - No More Discounts? Chinese EVs Pivot to Ultra-Low Interest 7-Year Loans - China Hits 469 Million Vehicles—The Scale of The Global Leader - Why Audi Is Losing Its U.S. Plant Hopes
