DAILY: Cadillac Optiq Upgrade, BMW iX3 Production & Lucid Expand Saudi Factory | 18 Sep 2025

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Welcome back to the podcast.

Cadillac OPTIQ gets a big upgrade.

BMW begin IX3 production and Lucid ready for its Saudi factory.

Plus, stay tuned.

Later in the show, I'll tell you what one Tesla engineer is saying about the

CEO after quitting and being with the business for eight years.

On today's edition of EV News China, I'm talking about 40 million EV sold.

The BYD Yang Wang U9.

That's the big 300 mile an hour hypercar.

Yeah, the O2 spec and the Denzer N9, a big premium SUV.

Three row gorgeous.

Join me later for a bonus podcast about China's EV price war and how it's

way worse than most people realize it'll be live tonight for patrons and all

Patreon exclusives go into the free feed after seven days of exclusivity.

If you want the content first, well, that's just one of the many member benefits.

Last week's Patreon bonus show about the 500 mile BMW IX3 goes into the free

podcast feed at 8 p.m. UK this evening.

Right, let's start with Cadillac.

This is great news, by the way.

Took about a massive improvement for less money.

Cadillacs updated the OPTIQ lineup for the 2026 model year upgrading

the powertrain.

The model gets a new single motor on the rear wheel drive base trim and a beefier

dual motor all wheel drive option.

The base rear wheel drive OPTIQ uses a new single electric motor they've got

there that's rated for 315 horsepower.

That replaces last year's base model, which is 300 horsepower.

But that was for the dual motor.

The new all wheel drive dual motor goes from 300 to 440.

That's a 47% increase.

The previously announced OPTIQ V goes to 509 horsepower dual motor.

EPA figures are not yet released, but Cadillac has listed revised range

estimates.

The base model with that massive new rear motor, tons of performance

improvements, 300 miles, all wheel drive dual motor 280, OPTIQ V 275.

Pricing, though, get this, it's lower.

The base rear wheel drive starts at 52, 395, which Cadillac says is lower

than last year's base tag, adding all wheel drives, three and a half

grand more and all trims apart from the OPTIQ V.

That's all wheel drivers standard, obviously.

Next BMW group is going to start series production of its new IX3,

the electric SUV, 500 miles of range, incredible architecture,

next level engineering.

I profile that in a whole half hour show as we dive deep.

It's called the spec sheet, my little spin-off series that I

look at individual cars.

Been on the Patreon feed for seven days now,

and that's the show that goes live tonight

on the ad-supported free feed.

And so they will start production in October

at their new facility in Hungary in Debrecen.

It's the first model in the Neue Klasse.

Debrecen facility has 100% renewable energy.

BMW's new concept called the iFactory,

digital first manufacturing.

The plant was planned digitally from the start.

Since March 2023, engineers have been testing operations

and the digital environments before the physical production

lines go in.

They use digital twins so you can do everything.

You can build cars in a kind of virtual computer

environment now.

You have a digital twin of everything.

It means that you can model stuff

and iterate so much quicker, find the flaws,

the improvements that need to be made

in a virtual environment, a digital environment.

And that includes the factory as well.

Production of the iX3 is going to be a two-third CO2 reduction

compared to existing BMW models.

The Debrecen plant itself will produce 34 kilograms

of CO2 per vehicle built at full capacity,

90% less than other BMW facilities.

Now, during normal production, it

runs on, like I say, all renewables.

BMW's first car plant to avoid

entire the fossil fuel chain.

There's also a 123.6-acre solar array,

which gives the factory about 25% of what it needs.

Excess solar is stored in a thermal storage system

that holds 1,800 cubic meters of water.

That's about 130 megawatt hours of energy storage

in that facility as well.

This is deeply impressive how car companies are

taking really seriously the move to EV

and the need to reduce CO2 emissions not just

at the tailpipe, not just at the exhaust pipe,

which obviously it doesn't have.

So we know that's zero.

I mean, other companies are doing the same Volvo,

are really proud of their efforts in this area as well.

Brilliant, massively impressive.

Now, Lucid Motors are next.

They're upgrading their facility

in the King Abdullah Economic City

from a semi-knockdown SKD facility.

And it will be able to fully produce complete vehicles

on site rather than using kit assembly,

the role it's performed since September 2023.

The company began assembling its second model,

the Gravity at the Saudi facility earlier this year

and will begin full vehicle production next year.

The plant's capacity is 5,000 vehicles a year at the moment.

It's a small facility.

Lucid set the target of 150,000 units annually.

According to the VP of the Middle East,

vehicles produced there will be exported across

Middle East and the Gulf countries

and export to the European and Asian markets,

but not China, as I told you about yesterday.

They reaffirmed that Lucid will produce

their mid-sized platform at the Saudi facility as well,

which is already being designed and engineered.

There'll be significant involvement

from the Middle East in the operation.

A lot of input from Saudi talent, they say,

in the plant and in Riyadh,

where Lucid has their headquarters,

about 65% of the workforce there,

Saudi nationals who have been trained in the US plant

are now back on home soil.

Wow, talking of Lucid, by the way,

second story from them today.

They've released their new over-the-air update.

Look out for UX 3.3 to the Gravity SUV.

So that adds big towing and camera upgrades

to the Gravity, makes towing a breeze, they say.

A new integrated trailer brake control, Hitch View.

Trailer light check.

Hitch View displays the trailer hitch

on the Gravity's infotainment system,

the trailer light check,

it illuminates all the different lights in sequence.

That's pretty common in some cars,

if you're used to towing, if you're on your own,

obviously you can't check.

So obviously you run the system,

it's done differently in different cars,

whether it's putting your foot on the brake

and pressing a button or whatever,

then you jump out, go round to the back of the trailer,

and it'll illuminate all the lights in sequence.

So not particularly innovative,

but a real quality of life improvement,

kind of matching what other companies do with towing.

Lucid offering Gravity owners the option to test to

halo secure features in development.

What they call Live View and Drive Recorder.

So Live View uses the vehicle's external cameras

to stream what's around it in real time to the app.

Again, not innovative, but matching the best in class.

Drive Recorder saves the clips, accidents, incidents,

if you spot something that you want to save

all the camera view onto its USB.

Again, Tesla very famous for that.

The update makes changes to the infotainment system,

better responsiveness and usability,

but bookmarks on the home screen

as shortcuts that navigate to your favorite locations

and the audio system has been improved as well they say.

That gravity, super special, really special.

Now Renault, Nissan, Mitsubishi, the Alliance,

which was one time, you know,

one time they were, you know, thick as thieves.

It was a very tight Alliance.

There's been some undoing of that in recent years

and a reallocation of how the various bits

of the companies own each other.

You know, Renault always owned more than Nissan.

The Nissan owned of Renault as a bit of an imbalance,

but that relationship hasn't fallen apart

but that Alliance is still going.

They're just learning to dance in a different way.

Well, Nissan and Mitsubishi confirming

that they will lean on their French partners

for European production.

Executives from all three companies

met at the Ampere facility in France

during their board meeting to review the initiatives.

Nissan and Mitsubishi confirming that Ampere,

the French company created by Renault,

will be their manufacturing partner

for the new Bev models they make.

Ampere will construct the all new Nissan Micra,

which looks really good, by the way.

The Nissan Micra, okay, quick sidestep.

Sorry for the digression.

The Nissan Micra.

For anyone who grew up around them,

that vehicle was first launched.

It was certainly, if you saw a little old lady driving it

or somebody on driving lessons who was 17 years old,

you know, it looked like that was

what the vehicle was for.

The Nissan Micra of today, obviously it's a Renault 5.

The Nissan Micra of today is not only a lot bigger

because all cars are fat, because of safety and stuff,

but also it looks really good.

Like I never thought, you know, you go back 25 years

and ask 25 year old me,

hey, would you like a Nissan Micra one day?

I do, literally would.

Like if that was our second car on the driveway,

I'd be over the moon with the new Nissan Micra.

They're also gonna make the new,

sorry, digression over.

The new Nissan Mitsubishi Eclipse Cross as well.

The Micra is on Ampere's AMPR or Amper small platform,

same as the Eclipse Cross.

No, that's bigger isn't it?

That'll be on the medium platform actually.

Both models are being prepared

at the French plant from Renault,

commercial launches by the end of the year.

There's some micro videos online already.

If you wanna go look at the likes of,

I think Autogiffel did one.

That's an insanely brilliant channel

to go and watch if you love cars like me.

The Mitsubishi Eclipse Cross is gonna be an SUV

for Europe and the first Mitsubishi vehicle made in France.

Nissan unveiled the all new Micra

about Maytime, I think we saw it.

Ampere's production facility in France

now assembles six models,

Renault, Nissan, Mitsubishi and Alpine as well.

NEO has completed their $1.16 billion equity offering.

So this isn't a financial podcast,

we steer away from pretty much most

of that kind of stuff over here

because it's other podcasts and YouTube channels

that do a far better job

than covering the financials of the EV industry.

But NEO has completed that,

raising a bunch more money, issuing more class A shares.

NEO said that they're just gonna have a big party.

No, NEO said that they're gonna spend $1.6 billion

on proceeds to invest in their new EV technologies,

develop new platforms and models in three brands,

expanding battery swapping and charging,

which is fabulously capital intensive to build.

Once it's built, of course,

you get that massive first mover advantage,

battery swapping is huge in China,

hasn't taken off in Europe yet,

but NEO are spending a ton of money on building that.

Same as Tesla had to build their own supercharger network

back in the day as well.

Also, the money strengthens their balance sheet.

Using reference prices in the SEC filing,

we don't know exactly,

but the transaction implies $1.1 billion in gross proceeds.

The capital raise follows the management goal,

reaffirmed this month of reaching 50,000 monthly sales

by Q4, so their brands are NEO, obviously they are NEO,

Firefly, which is the cheaper bit and Envo,

the family brand, August was a record, for instance,

and so things are going well there, but even NEO,

even like they're one of the ones that are doing okay,

even they've got one eye

on making sure that they're around in the future.

I think more than one eye on that actually.

We'll talk a lot about the crisis in China

although what's happening there is deeply impressive.

The price war, which I think is being massively underestimated,

is gonna be hugely consequential to the global EV industry.

We discussed that on our bonus show tonight.

Now, Tesla's Cybertruck and Model 3,

this was not bad news.

It was spun as bad news

by some bits of the sort of anti-Tesla media,

but the IHS, the Insurance Institute for Highway Safety

did their new crash tests.

They did a 2025 Tesla Cybertruck

and a new Model 3.

Both got just a good rating, not top safety pick.

Not probably a noi Tesla bit

because the Tesla do like to have a reputation for safety

until now they had.

For the Cybertruck, they rated the headlights as poor

with too much glare

and some issues with the Model 3 rear seatbelts as well.

Not bad cars by any means,

but missing out on the top pick there.

They had to irritate Tesla actually.

Now, the European Commission,

a nine other review member states

launched the new clean transport corridor

to speed up deployment of charging infrastructure

for EV trucks, targeting electrifications

of sections of the trans-European transport network.

The nine participating member states

are Belgium, Denmark, Germany, Lithuania, Malta,

the Netherlands, Austria, Poland and Sweden.

The initiative aims to coordinate

building fast charging infrastructure

for heavy duty vehicles under the new directive.

Member states can fast track grid reinforcement

for certain energy projects

via new planning and approval procedures.

The commission plans to apply the same status to projects

under the European clean transport corridor

that speeds up grid development

and has pledged to simplify permitting

for charging stations for heavy duty vehicles

that could be causing a bottleneck.

The corridors in focus are the North Sea to Baltic route

and the Scandinavian to Mediterranean corridor.

Goodness, we should take a break.

I have a cup of coffee going cold rapidly.

Here, I'll take a slurp and be back in a moment.

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Welcome back to the podcast,

a tepid caffeine boost later.

And I can tell you about China and Poland

discussing rare earth exports

as part of a deal,

a joint document released this week

by China's ministry saying that China and Poland

are holding talks on export licensing

of Chinese rare earth related products to Poland

and that both sides want to enable

a compliant trade in dual use items.

Okay.

And that would encourage both countries

to explore cooperation,

including development of the Polish EV battery industry.

Now let's move on.

In the UK,

supermarkets are increasingly a great place

to charge your car.

New analysis by ZapMap and the RAC

showing UK supermarkets expanding their EV charging stock

by more than a third from January last year to June.

This year, adding 1,001 charge points

at 260 big supermarkets.

The total is now 4,000 charges.

Well, just shy of 4,000 charges,

up 34% from the end of 2023.

Supermarket charges make up 5% of the UK stock

of the charges installed since January last year.

596 were rapid or ultra rapid.

Around 1,876 supermarket locations now form

some part of the charging network in the UK.

Up 16% from the end of 2023.

Who's doing the most?

Tesco still run the largest supermarket charging network

with 1,400 charge points.

Aldi also adding a load.

Now, obviously this isn't the Walmart deal

of the size of that in the US.

I think that when Walmart go big on EV charging,

it's gonna be, I hate the phrase game changing,

significant for the US charging market.

But over here, our supermarkets,

we tend to have the kind of retail outlets

that maybe you see in other countries.

Our supermarket stock tends to be either a mix of local

places where you go get a sandwich

and your essential kind of pint of milk, loaf of bread,

or at the other end of that,

really big, get everything under one roof kind of,

maybe like a hypermarket in France,

but sort of less, less pile them high and sell them cheap

that some kind of French hypermarkets would go,

I'm not saying it's premium by any means,

some of our supermarkets.

I suppose in the middle of that,

we've got some of the European competition

coming in like the Aldi's and Liddles and stuff

that sort of offer what I used to think of as a supermarket,

like five or six aisles,

but a lot of the big names are much bigger stores now,

and adding EV fast charging, which is awesome.

Now Ford is cutting a thousand jobs

at its Cologne EV plant,

which is interesting first of all,

I made a whole podcast about what's happening

to Ford in Europe, the failure of Ford in Europe,

for many reasons by the way,

and what they can do to recover.

That went into the Patreon feed last week,

I think it was, that goes into the,

after seven days it goes into the free feed,

the ad supported podcast feed,

like the main one that I think most people listen to,

so you can hear that on Saturday night.

I think that flicks over

from being a Patreon exclusive.

Ford's European decline,

I ask what will bring back the glory days

if anything for Ford,

well, maybe not the 12% market share days,

but in the meantime they're struggling

and they're gonna cut another thousand jobs in Cologne,

their vehicle plant in Germany,

and move the facility down to a single shift.

The company said that in Europe,

demand for EVs is well below forecasts.

I love Ford, you can listen to that special show,

I made it with love,

because I want them to do well.

I love Fast Fords, I grew up in the like 80s and 90s,

that was my bedroom wall posters, right?

Cosies and RS isn't big spoilers.

Be very careful when a car company has to fire people

and say it's because of a softening of the EV industry.

It's a softening of people wanting Ford EVs.

The EV industry is not softening,

but they go, it's not a Ford thing, they all do it,

but when they have bad news to release,

they go, well, the EV industry is not doing

what we thought it would do

and so we have to let people go.

That's, and it's awful.

It's cause Ford have only recently now a Puma to sell

and until the UK grant of four grand off

has been fabulously expensive for what it is,

like 10 grand too much and it's a good EV

and really efficient as well, that Puma anyway.

And the Explorer starts at 40 grand.

The Capri, you can spec up to almost 60,000 pounds

for a Ford, the Ford is the every man car, right?

And they went premium with EVs.

So the EV market's fine, by the way.

Ford mucked up their product line

by previous management and all that kind of stuff.

And now they're busy unpicking it

and it's not a quick fix.

So when they say that they're firing people

because of softening demand.

Yeah, for your EVs, like they're great cars, by the way,

based on MEB, Explorer's Fabulous Capri's really good.

They're just asking way too much money

for what in most people's minds eye

or what they think of like the Blue Oval, right?

That's the every man car.

That's the Mondeo Fiesta Focus.

Like these are amazing cars

that everybody owned back in the day.

It's been 60 grand by Ford, you know?

So they've got work to do and we want them to fix it.

There was a prior restructuring as well

that targeted 4,000 job cuts in Europe by the end of 2027.

A major worker strike in Cologne

this year disrupted production.

The company's latest decision

will affect vehicle output again.

Registration data, however, in Europe is positive

according to the Manufacturers Association themselves

in the first seven months of the year.

Battery electric vehicles were over a million

in the first seven months of the year.

Year on year increases in Spain, up 95%,

Germany up 60%, Italy up 60%.

German registration data today

from the KBA, the Federal Motor Transit Authority

shows that Ford only registered 10,000 BEVs in Germany

in August.

The developments come after Ford invested $2.4 billion

or two billion euros to upgrade the Cologne facility.

Sadly, the actual cars they have on sale,

although very good, I think early adopters,

I mean, we're in the early mainstream now, aren't we, for EVs?

Know quite a lot about the cars

and so you're not talking to an uneducated car buyer

and you're asking almost 60 grand for a Capri

which is basically an ID5, an MEB platform

which in some people's eyes

needed fixing, which VW are fixing next year,

MEB Plus and all those kind of things.

So, I understand why Ford went with that platform.

You can bring things forward by a couple of years,

save a bunch of development time and money.

Check out the bonus show that I did.

It's a discussion point.

I've got some suggestions, not that anybody cares

of what they could do to get back to selling

a lot of mainstream cars.

Right, two more stories.

Canadian manufacturer, Tiger, Tiger, Tiger,

Moses has revealed two jet ski models in Monaco,

a two-seater and a three-seater.

They market the Orca P2 as a benchmark of jet skis,

21,000 US dollars, the three-seater WX3 Orca

built on a new crossover platform,

they say, big adventures for the whole family.

Two hours of water activity, a tow system as well

for wakeboarding, water skiing and inflatables,

a rear platform wide enough to fish from for the jet ski.

That's 24,000 US dollars.

Both models have a 120 kilowatt motor developed in-house.

The integrated traction unit is,

combines an IPM motor and the inverter.

No battery capacity disclosed.

All models from next-year support DC fast charging

on CCS-1 in North America and CCS-2 in Europe,

less than 30 minutes and you are back on the water.

The last time I rode a jet ski, I broke my left ankle.

Me and jet skis do not get on very well.

I was awful.

The whole thing went black and blue.

I couldn't walk for ages.

I'll give it a try anyway with electric power.

Maybe it was the combustion engine

that I'll blame on that jet ski.

And finally, it was during COVID as well

so I couldn't even like obviously walk

into the doctor's surgery.

So everything was closed.

Oh, that was fun.

Right, a Tesla engineer that's been there for eight years,

one of the long timers at the company.

Recently left the business.

He resigned, but he wasn't fired.

And unlike some people who simply move on

either at the end of a relationship or leaving a job,

he decided to part ways with Tesla

with a few choice words on LinkedIn

saying his departure was because of his concerns

over the CEO.

He'd been there eight years, an engineer joined in 2017,

wrote, okay, I'm just gonna quote this, right?

I do need to address the elephant in the room.

The main reason I'm leaving

is that I think Elon has dealt huge damage

to Tesla's mission and to the health

of democratic institutions in several countries.

Beyond that, Elon's leadership and decision-making

seems seriously compromised.

Wow, he worked on things like auto bidder,

Tesla's energy trading platform,

really important part of the future

of the company as well.

He said his worries go beyond policy,

not about politics, but really about lying,

manipulating, targeting minorities

and supporting climate change deniers.

I can't convince myself anymore

that this is the right place to be.

He said, and he closed out by saying,

I wish the best to everyone who will stick around

and keep working to accelerate the transition

to sustainable energy.

And I hope the best for Tesla energy, end quote.

It's interesting, I think most people

wouldn't take on such a famous influential person,

richest man in the world.

Obviously, in such a public way,

he would have known what he was saying

as pretty incendiary.

But it also shows, I think it also shows

the depth of feeling from people who work at Tesla,

all really good people, who are there

because of the mission, right?

And I think like a lot of Tesla owners,

the whole tie-up with politics and everything else,

like Elon Musk turned up to support

a far-right march in London last week

with a bunch of really very questionable characters

on the fringes of our political system

who have really terrible beliefs

about minorities and things like that.

And I just wish he wouldn't insert himself

in that, but here's his right to.

Of course it's his right, he can do what he wants.

But it's like, oh man, do I even mention this

on my podcast on Monday morning?

No, because who cares?

It's his personal life.

Just don't tie Tesla into it.

And by the looks of it,

it's even driven a long timer to leave the business.

But leave by certainly getting it all off of his chest.

Wow, brave, I would say.

A brave move, a brave move.

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I couldn't do this without firstly the patrons

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Thank you very much for that.

It's how I pay my wages

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This is all I do.

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Have a good and sit-at-morrow

and remember, there's no such thing

as a self-charging hybrid.

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.

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DAILY: Cadillac Optiq Upgrade, BMW iX3 Production & Lucid Expand Saudi Factory | 18 Sep 2025

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Cadillac Optiq

iX3 (G08)

Yangwang Yang Wang U9

D9 Denzer

Bmw Ix3

BMW Neue Klasse

Lucid Gravity

Nissan Micra

Renault 5

Mitsubishi Eclipse Cross

Tesla Cybertruck

Tesla Model 3

Ford Puma

Ford Explorer

Ford Capri

Volkswagen Id5

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