Annotations will appear as you listen
SK is a big company from South Korea that makes batteries for electric cars.
LFP packs are batteries made with a special material that makes them safe and long-lasting for electric cars.
LG is another large company from South Korea that makes batteries for electric cars.
Great Wall Motors is a car company from China that makes SUVs and is trying to sell more cars in Europe.
A plug-in hybrid is a car that can run on electricity or gasoline. You can charge it like an electric car but it also has a regular engine.
Market share is how much of the total sales in a market a company or product has. For cars, it shows what portion of all cars sold are electric compared to regular cars.
An EV, or electric vehicle, is a car that runs on electricity instead of gas. They are better for the environment and can save you money on fuel.
Kia is another car company from South Korea that makes different kinds of cars, including SUVs and hybrids. They are recognized for their modern designs and good warranties.
Ford is a well-known car company from America that makes popular vehicles like the Mustang and F-150 truck. They've been making cars for over a hundred years.
Hyundai is a car company from South Korea that makes many different types of cars, including electric ones. They are known for offering good value and warranties.
Stellantis is a big car company that makes many different brands of cars, like Jeep and Dodge. They were created when two companies merged together.
General Motors, or GM, is a huge car company that makes popular brands like Chevrolet and Cadillac. They've been around for a long time and are known for making many different types of vehicles.
A federal tax credit is money the government gives back to you when you buy an electric vehicle. It helps lower the overall cost of the car by reducing how much tax you have to pay.
Mercedes-Benz is a well-known car brand from Germany that makes luxury cars and is now focusing on electric vehicles.
Electric drive units are parts of electric cars that help them move. They include the motor and other important components.
The Mercedes-Benz GLC is a luxury SUV that is now also available as an electric vehicle, making it more environmentally friendly.
An electric motor is a part of electric cars that helps them move by turning electricity into motion.
Wallbox is a company that makes chargers for electric cars. They create devices that can charge your car and also send power back to your home if needed.
EVSE is a term that means the equipment used to charge electric cars. It includes the chargers and the wiring that connects them to the power source.
Bidirectional charging means that an electric car can not only charge its battery but also send electricity back to your home or the power grid when needed.