A quadricycle is a type of small vehicle that is lighter and smaller than regular cars. They have special rules in Europe that make them cheaper to own and drive.
The Dacia Spring is a very affordable electric car that is one of the cheapest you can buy in Europe. It's made for city driving and is simple and easy to use.
The Kia EV5 is a new electric SUV from Kia, which is a popular car brand. It will be available in Canada and is part of the growing trend of electric vehicles.
The Kia Sportage is a type of car called an SUV, which is bigger than a regular car and great for families or carrying stuff. Recently, Kia has introduced an electric version of the Sportage, which means it runs on electricity instead of gasoline, making it better for the environment. People talk about it because it's a good option for those looking for a reliable and spacious vehicle.
Plug-in hybrids are cars that can run on electricity and gasoline. You can charge them at home, and they can drive on electric power for a while before switching to gas.
E-fuels are special fuels made using electricity from renewable sources. They aim to be environmentally friendly and can be used in regular gas engines.
Emissions are the harmful gases that cars release into the air when they run. Lowering these emissions helps keep the environment cleaner.
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Get where you're going with SPI, the world's most traded ETF.
Getting there starts here with State Street Investment Management.
Before investing, consider the fund's investment objectives, risks, charges, and expenses.
Visit statestreet.com slash im for prospectus containing this and other information.
Read it carefully. SPI is subject to risk similar to those of stocks.
All ETFs are subject to risk including possible loss of principal, Alps Distributors Inc. distributor.
Norway is pretty much job done. An amazing November.
20,000 new passenger cars were registered. 19,500 of them.
Purebeth. Not even plug-in hybrids in that.
The remaining 500 or so cars, I tell you just a near 400 in fact,
all combined combustion cars less than 1% of the market.
Bev's 98% of the car market. The jump is sharp even by Norway standards
and this looks set to continue in December
because people are bringing forward purchases because of tax changes.
The UK is extending its EV grant. This has been widely under-reported this week.
Most people got quite interested in the pay-per-mile charge coming in from 2028
but missed the fact that the budget this week
increased the funding for the grant scheme with an extra 1.3 billion pounds.
Now 2 billion pounds in total put in to that money off of a car.
It's the Citroën EC5 Aircross, the Ford Itoneo, Ford Puma, Nissan Leaf.
Other ones, they get the top tier, almost four grand off the car.
However, there's almost 40 cars, 39 models actually qualifying for some sort of discount.
Alpine is locking in electric launches.
The new Electric A110 with that petrol car goes electric next year
and a new A110, that'll be a grand tourer.
Fiat say that they will work on an ultra-low cost car
that's in fact fits under the quadricycle, heavy quadricycle rules in Europe
as they hope that regulators bring in something similar to Japan's K-Car rules
where it's capped on the vehicle's unladen mass, not including the battery,
and that costs and taxes can be kept extremely low,
even lower than the maybe 15,000 that the Leap Motor T03 costs
or the Dacia Spring, currently the cheapest cars you can get with pure electric power, brand new.
Kia will bring the EV5 to Canada, a North American first.
The compact electric SUV, think of it as like an electric sportage, if you like.
Kia say that they will use Canada for their North American launch country.
Two battery pack sizes starting at 43,000 Canadian before fees and extra taxes.
The European Union's 2035s ban on CO2 is being challenged
a fresh batch of aggressive lobbying by the car makers themselves
once the continued use of plug-in hybrids, extended range EVs
that use an engine to generate power, and also pure combustion
if fuels can be proven to be e-fuels or synthetic or in some way carbon neutral
if you do some emissions trading.
The campaign group Transport and Environment pushing back hard on that
saying no, it's 10 years away and the technology exists already today
to go full BEV and have zero emissions at the tailpipe.
Nevada doing something very interesting.
Nevada is starting a 12 month look and investigation into why grid connections
for medium and heavy duty charging stations are being delayed in the state
and it's very important work that's being done.
They want to work out where are these projects getting stuck,
studies, permitting, construction or somewhere else.
Data will have to be gathered from 2026 on every project
and analyzed to work out why grid connections not happening faster.
Nissan's new leaf is returning, getting a rave review this weekend
by the well-regarded car journalist Steve Fowler, writing for The Independent,
giving a very good review, saying a British bill TV that we should be proud of
and yet another study this time, 127,000 plug-in hybrids were studied
and looked at just how much they are emitting.
Plug-in hybrids, according to the official data, cut 75% of emissions
but because they're never plugged in, it's only a 19% cut in emissions.
That's briefly.
The holidays are expensive.
You're paying for gifts, travel, decorations, food
and before you know it, you've blown way past what you were planning to spend.
Don't start the new year off with bad money vibes.
Download rocket money to stay on top of your finances.
The app pulls your income, expenses and upcoming charges into one place
so you can get the clearest picture of your money.
It shows how much to set aside for bills and how much is safe to spend for the month
so you can spend with confidence, no guesswork needed,
get alerts before bills hit, track budgets and see every subscription you're paying for.
Rocket money also finds extra ways to save you money
by canceling subscriptions you're not using and negotiating lower bills for you.
On average, rocket money users can save up to $740 a year
when using all the app's premium features.
Start the year off right by taking control of your finances.
Go to rocketmoney.com slash cancel to get started.
That's rocketmoney.com slash cancel.
Rocketmoney.com slash cancel.
Hear that?
That's me with a lemonade in a rocker on my front porch.
How did I get here?
I invested to make my dream home.
Get where you're going with MDY, the original mid cap ETF
from State Street Investment Management.
Getting there starts here.
Before investing, consider the fund's investment objectives, risks, charges and expenses.
Visit statestreet.com slash im for a prospectus containing this and other information.
Read it carefully.
MDY is subject to risk similar to those of stocks.
All ETFs are subject to risk, including possible loss of principle.
Alps, distributors, ink distributor.
Hear that?
That's me in Tokyo learning to make sushi from a master.
How did I get here?
I invested wisely.
Now the only thing I worry about is using too much wasabi.
Get where you're going with SPY, the world's most traded ETF.
Getting there starts here with State Street Investment Management.
Before investing, consider the fund's investment objectives, risks, charges and expenses.
Visit statestreet.com slash im for a prospectus containing this and other information.
Read it carefully.
SPY is subject to risk similar to those of stocks.
All ETFs are subject to risk, including possible loss of principle.
Alps, distributors, ink distributor.
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About this episode
Norway's electric vehicle market is surging, with 98% of new car registrations in November being battery electric vehicles (BEVs). The UK has increased its EV grant funding to £2 billion, benefiting numerous models including the Nissan Leaf. Alpine is set to launch an electric version of the A110, while Fiat plans an ultra-low-cost electric car under new European regulations. Kia will debut the EV5 in Canada, and Nevada is investigating delays in charging station grid connections. The episode also discusses the emissions performance of plug-in hybrids and reviews of the new Nissan Leaf.
