The BMW i3 is a small electric car made by BMW. It has a distinctive look and is designed to be eco-friendly, using materials that are better for the environment.
The iFactory is a new way BMW is making their electric cars. They are changing their factories to be more efficient and environmentally friendly, especially for cars like the i3.
Electric powertrains are the parts of electric cars that help them move. Instead of using gas, they use batteries and electric motors to drive the car.
The BMW iX3 is an electric SUV from BMW that offers more space and utility compared to their smaller electric cars. It's designed for people who want an electric vehicle but still need room for passengers and cargo.
The Rivian R2 is a new type of electric vehicle made by Rivian, which aims to be cheaper and more accessible than their earlier models. It's meant for everyday use and is part of their plan to reach more customers.
Production costs are the expenses that a company has to pay to make a product. If these costs are lower, the company can sell the product for a cheaper price.
DC fast chargers are special charging stations for electric cars that can charge the battery much quicker than regular chargers. This helps drivers spend less time waiting for their cars to charge, especially on long trips.
The Dodge Charger is a big car that looks sporty and can go really fast. It's popular because it combines a comfortable ride with a powerful engine, making it fun to drive while still being useful for everyday tasks.
DC charging is a way to charge electric cars quickly using direct current. It's faster than the usual method, which uses alternating current, making it easier for drivers to get back on the road quickly.
AC charging is the standard way to charge electric cars at home. It's usually slower than DC charging, which is used at public stations for quick charges.
Duracell is famous for making batteries, and now they are also working on charging stations for electric cars. They are trying to help make charging easier for EV owners.
Ultra-rapid charging means charging electric cars really fast. These stations can give a lot of power quickly, so you don't have to wait long to get back on the road.
Electric cars run on electricity instead of gasoline or diesel. They use batteries to power an electric motor, which makes them cleaner and often cheaper to run.
Petrol cars are those that run on gasoline, which is a common fuel for many vehicles. They are typically what people think of when they imagine cars, as they have been the standard for many years.
Diesel cars run on a type of fuel called diesel, which is different from gasoline. They are often more fuel-efficient and can provide more power for heavy vehicles.
BEVs are cars that only use batteries for power, meaning they don't have any gasoline or diesel engines at all. They are fully electric and produce no emissions while driving.
Used EV prices are how much you would pay for a second-hand electric car. These prices can change based on how popular electric cars are and how old the batteries are.
EV means electric vehicle. These cars run on electricity instead of gasoline or diesel, making them more environmentally friendly. They're becoming more popular as people look for cleaner ways to drive.
The Tesla Model 3 is a popular electric car that is known for being affordable and having a long driving range. It's a compact sedan that many people like for its technology and performance.
The Tesla Model S is a fancy electric car that looks really modern and can go very fast. It's known for having a lot of high-tech features and being able to drive far without needing to recharge, making it a popular choice for those who want a luxury car that's also eco-friendly.
Plug-in hybrids are cars that can use both electricity and gasoline. You can charge them like electric cars, but they also have a gas engine for longer drives, so you don't run out of power.
The Tesla Model Y is a type of electric car that looks like a small SUV. It's popular because it can drive long distances on a single charge and has lots of cool tech features, making it a great choice for families who want to go green.
The Mercedes EQE is a luxury electric car that combines comfort and technology. It's designed to be eco-friendly while providing a high-end driving experience.
Polestar is a car brand that makes electric cars. They used to be part of Volvo but now operate on their own, focusing on environmentally friendly vehicles.
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Welcome back to EV News daily.
Today, BMW produces their new i3 Rivian Strips costs from the R2
and Walmart adds charges.
Plus, stay tuned later in the show.
I'll tell you why January shattered a 10-year record
for new car registrations thanks to EVs.
We'll start with news of BMW beginning pre-series production of their first Neuer-classer vehicle
that is Munich plant, marking the end of the 18-month refit
that converted a third of the facility to their new iFactory.
The i3 nameplate is coming back.
One of the vehicles that still makes me smile when I see one on the roads.
The CEO Oliver Zipsa confirming that the Saloon,
basically three series would be the old Vision Neuer-classer concept.
That's the new BMW i3 on their Neuer-classer platform and a touring version.
But that will follow pre-series production has now begun.
So what that means is BMW can test logistics and production processes all under real conditions.
Full-scale output is then what happens next.
Engineers use the first batch to do things like training the assembly workers,
validating that the new facilities integrate properly.
You're always going to have a snagging list before you get to a wider production system
that just works.
The head of BMW Group Plant in Munich, Peter Weber or Weber says the trial
demonstrates BMW's modern production technology work.
The dress rehearsal matters because BMW is transforming a century old plant
into its template for EV manufacturing.
Full production begins in the second half of 2026.
Following BMW's typical pattern of cautious tooling and an extended period
of validation rather than rushing a launch to market.
The timing drops the electric three series, the new i3.
Do we call it new i3 or just i3?
Haven't decided.
It arrives at a very competitive time.
Many of its rivals are refreshing their saloons and
subsidies are evaporating in certain parts of the world, which is shifting the market.
And it signals BMW now treats electric powertrains as the default
of how they go around making cars, converting its core three series
nameplate to a high volume EV on one of their regular production lines
shows the firm applying lessons from the original i3 and the i8 back in the day
where those vehicles weren't produced at huge scales on main production lines.
But now the iX3 and the i3 are whether those lessons
prove sufficient is going to be the next question.
Now, Rivian says it's engineered.
It's R2.
It's two series models to make money where the R1s didn't.
The mass market SUV.
We should have got a big vehicle, by the way.
We'll find out more in the next week or so as some of the content creators
and YouTubers will be dropping videos with some early access to R2.
Mass market SUV strips the production costs to the bone,
but does not sacrifice the capability that made the original
Rivians, the R1s and the R1t so admirable.
Engineers at the company's recent walkthrough explain they designed the R2
from manufacturing limits outwards, not starting with styling preferences
and backwards reverse engineering it.
The body uses far fewer stampings and castings than the R1
with more shared components, slashing tooling expenses and assembly time.
Rivian adopted large aluminium castings, a method pioneered by others.
Tesla famously bought the South Korean presses, wasn't it?
To to do that, they got a lot publicity around that time as well.
To eliminate underbody pieces and welds,
features like the rear drop down glass and sliding quarter windows
sit within a simpler modular architecture that reduces complexity.
The interior follows the same logic.
Rivian cut control units and wiring complexity
while designing the dashboard and seats for more rapid installation.
Common sub assemblies replace bespoke parts.
The R1 software platform transfers directly to the R2,
eliminating months of integration.
The powered frunk remains, so does the flexible seating in the back.
Both now live, though, in fewer integrated modules.
Battery packs, what about them?
Will they accommodate multiple chemistries without any reengineering?
Motor variants all share more common parts.
The modularity allowing future derivatives without retooling.
That is a big advantage.
If consumer preferences shift faster or slower than the production lines can adapt,
that's an issue.
Well, Rivian will launch our two production at their facility,
which is in Normal, Illinois.
They will transition volume in time to their Georgia plant.
The phased approach reduces financial risk and capital investment
while converting advanced order demand into manufacturing
that's immediately profitable.
The question is whether the company can scale fast enough.
You've got to satisfy those reservation holders.
The competition is definitely going to close the gap
and also to become famous for making a certain type of vehicle.
Now, Walmart is next in the news, adding 78 owned and operated
EV charging sites in 19 different states,
expanding beyond earlier trials with new providers.
The installations feature the DC fast chargers that are rated at 400 kilowatts
and Walmart controls them directly with over 90 percent of Americans
living within 10 miles of a Walmart, which always blows my mind.
90 percent of Americans living within 10 miles of a Walmart.
The footprint of the retailer transforms EV charging.
This is one of the great underreported stories of the last couple of years.
I'm pleased to say my friend Tom Malogany from EVChargingStations.com
website and the YouTube channel, State of Charge has talked a lot about this.
Walmart going all in on EV charging is a really big deal.
Each site brings fast charging closer to drivers without home chargers
or those traveling long distances who want a reliable stop
but also a stop where there are amenities.
Direct ownership gives Walmart control.
They control pricing.
They control maintenance.
A.K.A. uptime.
They control having spare parts in the back of the van.
So to speak, I mean, maybe there is a Walmart van with parts in the back.
But do you know what I mean?
Like they can choose the level of stock that they want to keep in house
so that when something inevitably breaks, because EV charges are machines
and all machines break at some point, they will have an engineering team
that isn't waiting for a part from a different country.
I mean, I'm presuming here.
They will control that level of let's get the charger fixed
not just within a month, but what's the time now?
10 past 10. All right.
Well, let's have that done by lunchtime.
So do you know what I mean?
Like this is a huge deal because you turn up a Walmart.
The charges are broken.
That's bad for Walmart because it's their logo above it.
They can control Q management if you think about it.
They draw shoppers inside during charging sessions,
even though the charging sessions are going to be short.
The expansion signals a shift in who builds America's charging network.
Retail giants getting in on the act alongside utilities
and even dedicated charging firms.
Now, if this pace continues, a substantial share of public charging
will come from retail car parks.
So till now, it's been highways, municipal lots,
free of adoption.
The message strengthens charge where you stop your car,
which I've been banging on about for a long time.
The conversation about AC charging doesn't happen enough, by the way.
But if your car is not moving, it should be charging.
My car sits at 50% all the time.
It just a lesson doing a long journey tomorrow.
I know if I'm doing more than 100 miles
tomorrow in my calendar, so it just sits at 50 in my driveway.
And for many people that can't charge at home,
this is reliable DC charging.
So the AC slow charging conversation is where I think we can get better.
But the DC charging conversation, thanks to Walmart,
is about to get a lot better in the United States.
Now, Duracell eCharge has opened its second
EV charging station in the UK in Swalwell, Newcastle upon time.
Now, I love these Duracell stations, by the way.
The locations have six ultra rapids,
which is classed as 300 kilowatt charges, and they serve two cars.
So 12 bays, six units.
If somebody pulls up next to you, OK, you're going to split 150 each.
But honestly, that's mostly fine near the A1 motorway.
And what I like about this site, which mirrors the company's first one
in Cheltenham, by the way, the chargers look like Duracell batteries,
which is their famous look, isn't it?
And so I love it because for many people, it's a shorthand.
And I don't know why it makes me smile so much.
But you see the chargers and they are with the gold top.
They just look like little Duracell batteries.
And for a lot of people, I think they'll think, oh, like that's cool.
I charge my car here.
It's the distinctive copper and black colors.
It's the Duracell eCharge network.
Drivers get free parking for up to an hour if you are plugged in and actively
charging, which is probably going to be a 25 minute or half hour stop
for most people if you unplug at 75 or 80 percent.
The launch forms the second phase of a two hundred million
pound investment planned over the next decade.
More sites appearing, they say, near motorways, retail venues
and urban gateways by using decades of brand building.
And I would say brand trust in the Duracell name.
For those of us who grew up watching TV commercials with the Duracell bunny,
this charging network is really recognizable in terms of its branding
and the hardware is really good as well.
So the network success will depend on delivering that performance
that reliability and uptime all the things that every DC charging
network needs to hit.
Now, let's go to Canada.
Ottawa has scrapped their EV sales mandates in its place comes
a one point one billion US dollar or one point five billion Canadian dollar
fund aimed at battery production and supply chains.
And I think this is a good idea because mandates push back on a certain
kind of person when you say we've all got to be driving
cars that don't emit emissions by a certain date, whether that is
electric or another technology.
But there is always an element of the population when you mandate
something that they would they're just what I think psychologists
call them polarity responders.
You said the sky is blue.
They go, no, it's red.
Like some people are just like that.
They'll just argue for the sake of it.
And, you know, I think social media has helped in making people
more argumentative.
But so get rid of the mandate.
Fantastic idea.
Help people into EV.
The original mandate would have required 60 percent zero
emission vehicles in Canada by 2030 and 100 percent emissions
cut in 2035.
Carmakers missing quotas did face fines, though compliant firms
could then trade credits.
Industry groups protested that the timelines are outpacing demand.
This new fund concentrates on battery cell production, cathode
Three thousand six hundred US or five thousand Canadian dollars.
And so in Quebec and British Columbia, you got provincial
programs there.
And this approach prioritizes factory investment and supply
chains, things like that.
The other places like Quebec and British Columbia maintain
their own zero emission mandates.
They've got their own enforcement.
They've got their own subsidies.
But without federal sales requirements, Canada's EV transition
may vary.
It'll probably vary by province.
A patchwork driven by regional policy.
And you know what? That's honestly OK.
The policy shift hands carmakers what they wanted.
Manufacturing support over regulatory pressure.
Yet it removes the certainty that product planners need
sometimes when investing those really big amounts of money.
Let's take a break.
We'll come back and talk about used EV sales and well,
there's a dealers conference happening in America.
What are they said about the Chinese cars?
You'll be interested in that.
Stick around.
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by canceling your unused subscriptions
and lowering your bills.
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With that money freed up, the app
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or saving for vacation, RocketMoney's got you covered.
Users love the app with over 186,000 five-star ratings.
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Welcome back to the podcast.
Now, Britain's used EV market cranked open in 2025
and the reason was simple.
It was money.
There's an online marketplace called Cinch.
They sent me this press release.
They sold 26% more electric cars year on year.
They sold 9% more petrol cars
and they sold more diesels as well.
In the single figures,
but 26% more pure bevs.
Average used EV prices went down.
They dropped from 30,000 pounds
and a bit of change in 2022
to 24 and a half thousand pounds in 2025.
The gap between used EV prices
and used petrol prices narrowed.
Petrol prices dropped more gently
and there is a great balancing
of what used cars cost.
Diesel cars, by the way, falling a lot
as people don't really want to use diesel cars anymore.
Oh, some people do, obviously,
but a smaller subset of the population,
increasingly smaller.
Monthly payments for EVs edged closer
to combustion equivalents.
Not quite price parity in the used market,
at least on this online platform.
Nearly new stock was flooding the market
from fleet operators and salary sacrifice schemes
as cars came off of those.
Sharper price cuts by Tesla and the Chinese brands
for new cars to shift new metal
did affect the second hand channels
at rates that were undercutting dealers
and taking them by surprise at times.
The effect was, at times, a glutz of stock
that made EV ownership more viable.
I think that's a good thing.
So I feel for dealers where the market moves quickly.
I feel for online marketplace.
Obviously, I want everyone to,
I like the market to be a little more stable
than it has been,
but ultimately, I care the most about consumers.
And if you can get a great used EV for a great price,
then I'm all about that.
At the minute, since the online platform
still sells more petrol and diesel,
but EV is catching up.
So I have a ton of alerts set up on AutoTrader.
You can get email alerts for new vehicles listed
and when vehicles hit certain prices.
And don't always read them every day,
but they always drop into my inbox
and then I have a little AutoTrader session
maybe at the weekend.
If the, I don't know when the kids are in bed or something.
And there's just sort of certain vehicles
that I keep an eye on.
You know, certain Teslas like Model 3s or Model Ys.
And when you see them hitting certain price points,
I mean, I follow the Polestar too,
because I own ones.
I want to know how depreciation's hitting me.
So I bought that for 25,
I bought a three year old Polestar
for 25 grand two years ago in January.
So I've had it 25 months now.
And I see them listed for about 16 or 17 now.
I suppose you probably offer a little bit lower.
Maybe you're getting 16 for one.
So maybe I've lost nine grand in two years on that Polestar.
But then I try and step back.
And I think, well, this is a car
that updates itself pretty regularly.
But I still get in and still feel,
it's five years old now,
but I still think it feels pretty current.
And this year, there'll be a new experience
coming to all Volvos and Polestar.
It's a huge over there update
that everything made in 2020,
using all the latest Android and Google AI, Gemini stuff.
And so the car's gonna feel new again in some ways.
And although, yeah, 16,000 pounds is a huge amount of money,
I still think for the kind of car
that you can get in EV world now,
and yeah, I've lost a ton of money on EVs,
but I think that that's,
I don't think there's a petrol car for 16 grand
that I'd want to go and drive
that would feel as special as this.
And then, you know,
touch wood hasn't broken yet,
but if it did,
then it would be a different conversation probably.
But still, your ultra reliable hasn't missed a beat.
But I still think the pricing on used EVs
is incredibly competitive for the car that you get.
Anyway, let's talk about America's car dealers.
America's car dealers have discovered
a convenient new Patriot flag to wave themselves.
The National Automobile Dealers Association
representing 16,000 franchise dealers in the US
now backs the Commerce Department
in its efforts to block Chinese automakers
from entering the US market.
The mechanism is national security provisions
under what's called the International Emergency
Economic Powers Act, aimed at connected vehicles.
Chinese built EVs depend on software updates over the air.
They have embedded connectivity.
They'll connect to your home Wi-Fi if you connect to it.
And if not, they've got SIM cards inside.
Sensor arrays that continuously record if they want to data
and if they want to beam that back to the manufacturers.
Now I suppose you could rip the SIM card out,
you could not connect it to Wi-Fi
and then you could, I don't know,
or you could connect to your home Wi-Fi
and through some sort of firewall,
look at what your car is trying to send back to China.
My personally, my life is too short to worry about that,
but for many of my listeners
that have pushed back when I've said that before,
I'm being slightly flippant when I say that, of course,
for effect, but they push back on that and go,
this is a very serious stuff that is going on
if China is snooping on certain restricted sites
and also forming a huge amount of information
about potential world and political adversaries
and I appreciate all of that.
Now, this is not the podcast to discuss that.
The dealership Lobby in America brands
a cybersecurity matter, though, not to trade protection.
So keep the Chinese out for the patriot reasons,
not because it would be a trade issue
with the U.S. car makers.
They want regulators to carry on acting
and swiftly as well.
Chinese EV makers like BYD are flooding Europe,
Latin America, BYD is everywhere in Mexico,
soon to be Canada as well,
on America's borders,
with very competitively priced EVs.
Chinese makers face already tariffs to come in
to the U.S. market, which keeps them out,
but for dealers navigating really thin profit margins,
rising costs of their buildings
and in some places, very soft consumer demand in the U.S.
This barrier provides a couple of things.
Firstly, it's insulation from low-cost Chinese cars,
but what if you could have
your dealership selling those Chinese low-cost cars?
You could probably make a lot of money
out of selling Chinese cars.
So it's a bit of a double-edged sword,
but for now, they're saying keep them out.
Couple more stories,
and Tesla's grip on the U.S. is slipping.
Tesla captured 46% of the U.S. bearth market last year.
It was 49% in 2024, according to Kling Technica.
General Motors was 13%, Ford was 7%,
the Detroit automakers combining at 20%,
the 3% drop at Tesla was not a precipitous decline,
but a gradual increase of competition
here in Europe.
Tesla is down into the single figures in many places as well,
so the U.S. and Europe are still entirely different
in terms of what an EV feels like in your head.
So for half of Americans or for the American market,
when you say EV, half the time it's gonna be a Tesla,
and for us, maybe it's 5% or 8% of the time
it might be a Tesla, so nearly half of electric cars
sold in the U.S., obviously still Tesla,
legacy automakers are expanding,
they're lineups and more competition.
The market's ability to sustain a 46% leader,
which I think is a wonderful position to be in,
shows Tesla's advantage from back when they were pioneers
back in the day, but there's some maturing landscapes.
And finally, January, let's come back to the U.K.
January last month shattered a 10-year record
for new car registrations.
Battery electric vehicles were 21%
of the market plug-in hybrids, almost 10%.
Together, they were a third of all sales,
up from 23% a year ago.
The record is company fleets pushing the numbers higher.
It was Bev registrations surging 42%
as fleet managers slashed their running costs
to meet their profit targets and emissions targets as well.
Private buyers are not driving the move
to EV here in the U.K.
Petrol was slightly ahead at 38% of fleet sales.
Diesel collapsing, 7% and about to be zero any minute.
Tesla, BMW, Mercedes and Hyundai all racking up
strong Bev gains in the Model Y, the I4, the EQE,
the Ioniq 5 all doing well with Bev fleets here in the U.K.
We have a mandate, the zero emission mandate,
of course, which is not consumer facing
as much as it is manufacturer facing,
they have to lift their Bev share or face fines
or buy credits from their rivals like Polestar
who sell exclusively electric vehicles
and have a surplus of credits.
Fleet managers are going electric at speed.
The market is moving towards electric transport,
certainly in terms of fleets.
Often these can be vehicles that do more miles
as if for a good thing, for emissions
and cleaning up the air that would breathe.
The gap is narrowing while charging infrastructure
is improving very quickly here.
And that is your podcast for today.
Thanks for listening.
Thanks to our premium partners,
National Car Charging on the U.S. mainland
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Have a good and cinema.
And remember, there's no such thing
as a self charging hybrid.
The number one resolution for people last year
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Rocket money shows you all your expenses
and categorizes them so you know exactly
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From there, the app cuts waste
by canceling your unused subscriptions
and lowering your bills.
No customer service needed.
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the app will automatically set some cash aside
for your goals,
whether it's an emergency fund,
paying off debt or saving for vacation.
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Users love the app with over 186,000 five star ratings.
And on average, users can save up to $740 a year
when using all of the app's premium features.
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Go to rocketmoney.com slash cancel to get started.
That's rocketmoney.com slash cancel,
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If you're an HVAC technician and a call comes in,
Granger knows that you need a partner
that helps you find the right product,
fast and hassle free.
And you know that when the first problem of the day
is a clanking blower motor,
there's no need to break a sweat.
With Granger's easy to use website and product details,
you're confident you'll soon have everything
humming right along.
Call 1-800-GRANGER, click Granger.com or just stop by.
Granger, for the ones who get it done.
If you're an HVAC technician and a call comes in,
Granger knows that you need a partner
that helps you find the right product,
fast and hassle free.
And you know that when the first problem of the day
is a clanking blower motor,
there's no need to break a sweat.
With Granger's easy to use website and product details,
you're confident you'll soon have
everything humming right along.
Call 1-800-GRANGER, click Granger.com or just stop by.
Granger, for the ones who get it done.
If you're an HVAC technician and a call comes in,
Granger knows that you need a partner
that helps you find the right product,
fast and hassle free.
And you know that when the first problem of the day
is a clanking blower motor,
there's no need to break a sweat.
With Granger's easy to use website and product details,
you're confident you'll soon have
everything humming right along.
Call 1-800-GRANGER, click Granger.com or just stop by.
Granger, for the ones who get it done.
If you're an HVAC technician and a call comes in,
Granger knows that you need a partner
that helps you find the right product,
fast and hassle free.
And you know that when the first problem of the day
is a clanking blower motor,
there's no need to break a sweat.
With Granger's easy to use website and product details,
you're confident you'll soon have
everything humming right along.
Call 1-800-GRANGER, click Granger.com or just stop by.
Granger, for the ones who get it done.
About this episode
BMW has begun pre-series production of the new i3 at its Munich plant, marking a significant shift towards electric powertrains in their lineup. Rivian is streamlining production costs for its upcoming R2 models, focusing on modular design and shared components to enhance profitability. Meanwhile, Walmart is expanding its EV charging network with 78 new sites across the U.S., emphasizing the importance of retail locations in the charging landscape. The episode also highlights January's record-breaking new car registrations, driven by the rise of electric vehicles.
