AD #4234 - Ford’s Farley Advises Trump On Chinese Automaker JVs In U.S.; Stellantis Revives Diesels In EU As EV Sales Cool; Toyota Partners
About this episode
Ford CEO Jim Farley advises the Trump administration on potential Chinese automaker joint ventures in the U.S., suggesting they should follow the same rules imposed on foreign companies in China. Meanwhile, Stellantis is reviving diesel models in Europe despite declining sales, and Volkswagen faces legal repercussions from its diesel emissions scandal. The episode also highlights Toyota's partnership with Joby Aviation to enhance eVTOL manufacturing, and discusses the challenges of solid-state battery development in the automotive industry.
Ford
"...But Ford CEO Jim Farley's advice to the Trump administration was basically..."
Ford is a well-known car company in the United States that makes many types of vehicles, like trucks and cars.
Ford is a major American automotive manufacturer known for producing a wide range of vehicles, including cars, trucks, and SUVs.
joint ventures
"...China forced foreign automakers that wanted to come into China to form joint ventures with Chinese car companies..."
A joint venture is when two companies work together on a project, sharing resources and profits. This is common when a foreign company wants to do business in a new country.
Joint ventures are business arrangements where two or more parties agree to pool their resources for a specific goal, often involving shared risks and profits. In the automotive context, this often means foreign companies partnering with local firms to enter new markets.
mid-size pickups
"...Meanwhile, a number of Chinese automakers see mid-size pickups as the next big segment they want to jump into..."
Mid-size pickups are trucks that are not too big or too small. They are good for carrying things and are often used for work or personal use.
Mid-size pickups are a category of trucks that are larger than compact pickups but smaller than full-size pickups. They are popular for their balance of size, capability, and fuel efficiency, making them suitable for both work and everyday use.
Cherry
"Cherry is targeting strong pickup markets with a multi powertrained strategy, evs and hybrids for Europe and diesels for Australia, New Zealand, South America and Africa."
Cherry is a car company from China that makes different types of vehicles, including electric trucks. They are trying to sell more cars in other countries.
Cherry is a Chinese automotive manufacturer known for producing a range of vehicles, including electric and hybrid models. The company is focusing on expanding its presence in the global pickup market.
body on frame design
"the Relyro eight, is a body on frame design that sells for about eighteen thousand to twenty three thousand dollars in China, has a max range of about three hundred miles and can carry eighteen hundred pounds."
In a body on frame design, the main structure of the vehicle is a strong frame, and the body sits on top of it. This makes the vehicle tough and good for carrying heavy things.
A body on frame design is a vehicle construction method where the body is mounted on a separate frame. This design is commonly used in trucks and SUVs, providing durability and the ability to handle heavy loads.
Rely R08
"Cherry's electric mid size pickup, the Relyro eight, is a body on frame design that sells for about eighteen thousand to twenty three thousand dollars in China, has a max range of about three hundred miles and can carry eighteen hundred pounds."
The Relyro 8 is a new electric pickup truck made by Cherry, a Chinese car company. It's built to be strong and can carry a lot of weight, making it useful for various tasks.
The Cherry Relyro 8 is an electric mid-size pickup truck designed for the Chinese market. It features a body on frame design and offers a competitive price point along with a decent range and payload capacity.
diesel
"Stalantis is going back to diesels in Europe as it pivots away from electrics."
Diesel is a kind of fuel used in some cars and trucks. Diesel engines are usually more powerful and efficient but are facing criticism for pollution.
Diesel refers to a type of fuel and the engines that use it, known for their efficiency and torque. Diesel engines are commonly used in larger vehicles like trucks and some cars, but their popularity has been declining due to environmental concerns.
hybrids
"Hybrids are now the largest segment in Europe, accounting for thirty four percent of new car sales."
Hybrids are cars that use two types of power: a regular engine and an electric motor. This helps them save fuel and produce less pollution.
Hybrids are vehicles that use both a gasoline engine and an electric motor to improve fuel efficiency and reduce emissions. They can operate on electric power alone for short distances, making them more environmentally friendly than traditional gasoline cars.
Volkswagen
"...Volkswagen didn't immediately respond to requests for comment. France is also taking action against Renaul and Stilantis for similar emissions violations..."
Volkswagen is a well-known car company from Germany that makes many popular cars. They have been in trouble for cheating on emissions tests, which measure how much pollution their cars produce.
Volkswagen is a German automaker known for producing a wide range of vehicles, including the iconic Beetle and the Golf. The company has faced legal issues related to emissions cheating, which has significantly impacted its reputation and operations.
Renault
"...France is also taking action against Renaul and Stilantis for similar emissions violations, but both automakers deny any wrongdoing."
Renault is a car company from France that makes different types of vehicles. They are facing accusations related to emissions, which is about how much pollution their cars create.
Renault is a French automaker that produces a variety of vehicles, from compact cars to commercial vehicles. The company has been involved in emissions-related controversies similar to those faced by Volkswagen.
Stellantis
"...France is also taking action against Renaul and Stilantis for similar emissions violations, but both automakers deny any wrongdoing."
Stellantis is a big car company that makes many different brands of cars, like Jeep and Peugeot. They are also facing accusations about emissions, similar to Renault and Volkswagen.
Stellantis is a multinational automotive manufacturing corporation formed from the merger of Fiat Chrysler Automobiles and PSA Group. The company produces vehicles under various brands, including Jeep, Dodge, and Peugeot.
emissions violations
"...France is also taking action against Renaul and Stilantis for similar emissions violations, but both automakers deny any wrongdoing."
Emissions violations happen when car companies don't follow the rules about how much pollution their cars can produce. These rules are important for keeping the air clean and safe to breathe.
Emissions violations refer to breaches of regulations that limit the amount of pollutants that vehicles can emit into the atmosphere. These regulations are designed to protect air quality and public health.
Joby Aviation
"...Joby Aviation plans to have its EV talls offering a limited amount of rides in Dubai this year..."
Joby Aviation is a company that is making new flying cars that can take off and land straight up and down. They want to help people travel in cities more easily.
Joby Aviation is a company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. They aim to create a new mode of transportation that reduces congestion and travel time in cities.
EV tolls
"...Joby Aviation plans to have its EV talls offering a limited amount of rides in Dubai this year, and then expand similar operations into other parts of the world..."
EV tolls are a new type of flying vehicle that can take off and land straight up and down. They are electric and are being developed to help people travel in cities without using cars.
EV tolls refer to electric vertical takeoff and landing aircraft, which are designed to operate like flying taxis. They utilize electric propulsion and are intended for urban air mobility solutions.
Toyota
"...But Toyota is doing more than just infusing nine hundred million dollars into the company."
Toyota is a well-known car company from Japan that makes many reliable cars. They are also working on new technologies, including electric cars and flying vehicles.
Toyota is a Japanese automaker known for its reliable vehicles and innovations in hybrid technology, such as the Prius. The company is also investing in various technologies, including electric vehicles and flying taxis.
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