An electric SUV is a type of car that runs on electricity instead of gasoline. This means it doesn't produce harmful emissions and can be cheaper to run in the long term.
The Genesis GV90 is a new electric SUV from the luxury car brand Genesis. It's meant to be very spacious and comfortable, with lots of high-end features.
The GM EV1 was an early electric car made by General Motors. It was unique for its time and is now sought after by collectors because it was only made for a short period.
The GM EV1 was an early electric car made by General Motors in the 1990s. It didn't last long on the market, but it's important because it helped start the conversation about electric vehicles.
The Hyundai Genesis is a fancy car that offers a lot of comfort and features. It's made to compete with more expensive luxury cars but is usually priced lower.
Car
Hyundai GV 90
The Hyundai GV 90 is a new luxury SUV that may have unique features like special doors. It's part of Hyundai's effort to create more upscale vehicles.
Level three autonomous driving means the car can drive itself most of the time, but the driver needs to be ready to take over if something goes wrong.
Car
Volkswagen Group MEB Plus platform
The MEB Plus platform is a system created by Volkswagen to build electric cars. It allows different models to share parts and technology, making it easier to produce new electric vehicles.
The Renault 5 Turbo is a special sporty version of a small car called the Renault 5. It was popular in the 1980s for racing and is now a classic car that many people admire.
Car
Volkswagen ID Polo
The Volkswagen ID Polo is a new electric car from Volkswagen. It's designed to be affordable and is part of a series of electric cars that Volkswagen is making.
The Volkswagen ID. Buzz is a new electric van that looks like the old VW Microbus. It's designed to be eco-friendly and is part of Volkswagen's move towards making more electric cars.
The Volkswagen Golf GTI is a sporty version of the regular Golf car. It's known for being fun to drive and has a powerful engine, making it a favorite for people who enjoy a more exciting ride.
An electric hot hatch is a small car that is fun to drive and runs on electricity instead of gasoline. They are built for speed and handling, making them exciting to drive.
Car
Mini JCW Electric
The Mini JCW Electric is a small, fast electric car made by Mini. It's designed to be fun to drive and has a sporty look.
The Alpine A290 is a small, sporty electric car made by the Alpine brand. It's built for people who want a fun and fast driving experience in an eco-friendly vehicle.
The Peugeot 208 GTI is a sportier version of a small car called the Peugeot 208. It's designed to be fun to drive while still being practical for everyday use.
DC fast charging is a way to quickly charge electric cars using a special type of electricity. It helps drivers charge their cars faster, so they can get back on the road sooner.
Hyundai Motor Group is a company that makes cars, including popular brands like Hyundai and Kia. They produce many types of vehicles, from small cars to large SUVs.
A road user charge is a fee that drivers pay for using the roads, usually based on how far they drive. It helps pay for road repairs and encourages people to drive less or use cleaner vehicles.
The Moda E5 is an electric car made by Moda. Electric cars run on electricity instead of gasoline, making them more environmentally friendly.
Car
Aston Martin Vulcan
The Aston Martin Vulcan is a super-fast car made for racing on tracks. It's very special because only a few were made, and it has a really powerful engine.
Large scale electrification means using a lot of electric vehicles instead of gas or diesel ones. It's important for making transportation cleaner and better for the environment.
EV schemes are programs that help people buy electric cars by giving them money back or reducing the price. This makes it easier for more people to choose electric vehicles instead of regular gas cars.
The Federal Motor Transport Authority is a German government office that makes sure cars are safe and follow the rules about pollution. They check if car companies are doing things right.
A BMS is like a control system for a battery. It keeps track of how the battery is doing, making sure it doesn't get too hot or too full, which helps it last longer and work safely.
The Magna Charge inductive panel is a device that helps charge electric cars without needing to plug them in. It uses magnets to send power to the car.
The Toyota RAV4 is a type of SUV, which means it's a bigger car that can hold more people and stuff. It's known for being dependable and is great for families or anyone who needs extra space.
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Welcome back to the podcast to Chinese electric car
brands in Great Britain are now selling their SUVs with a
built in refund for a tax that doesn't come in for three
years. Oh, Moda and Jku have launched their own incentive
which they're calling the EV tax rebate. They say it pre pays
part of the new road user charge the RUC that'll start in
2028 for buyers. They say it covers the first 20,000
miles of per mile tax at three pence per mile on their
new cars. The shift follows the UK's autumn budget earlier
this week in which the Chancellor of Britain Rachel
Reeves confirmed a new road tax levy for EVs. There's an
increasing amount of countries and some states around the
world that have now put RUCs road user charging in place. And
we're probably one of the bigger markets I would suggest to go
down that route. It's not happening for many years but
from the 2028 to 2029 financial tax year electric car
drivers will pay three pence per mile driven in
response. Oh, Moda and Jku no doubt. I'm a little bit of
publicity. I got on this podcast after all didn't they are
offering a rebate on their fully electric. Oh, Moda E5 and
Jku E5 models. I do suspect that this rebate would have been
called something else or just a pure discount. But hey, why
not link it to the per mile road user charge which is
coming in the brands will cover 20,000 miles at three
pence a mile 600 pounds in future tax. You won't have to
pay not that you would have been paying it for three years. The
offer is already available through the brand's nationwide
dealer network on certain terms. If you take out a 48 month
finance plan, they say it gives you a head start on a future
tax and it lets drivers benefit immediately while
being protected. In practice, it turns a looming policy
cost into a nice little showroom incentive. The 600
pounds is very modest next to the full price of a fully
electric EV, but it's timing matters. It lands now even though
the tax starts in three years and that shows how car makers
already starting to think about how road user charges become
part of the EV ownership and how they might incentive how
more car companies in the future might look at perhaps
public perception of road user charges. It's definitely
going to be a portion of the population who view it
negatively. It is after all quite a big reform of the
tax system here and so car makers might look to
capitalize on that by saying, don't worry, we'll pay for
your miles driven. You don't need to worry about it. It
could be a thing. Right, let's talk about the European
Union speeding up efforts to build a supply of electric
vehicle batteries. New projects back this week alone
could add 56 gigawatt hours of annual cell production by
2030 with investments spread across France, Poland,
Germany and the Western Balkans. This latest funding
round targets gigafactories that together account for 56
gigawatt hours of planned capacity. In France, ACC
will add five new production lines for NMC cells under
its accept project. Also in France, the cause are
Gath project. Well, that's probably not how I say
in French. We will double capacity at its Dunkirk
plant to 16 gigawatt hours capacity per year. In
Poland, LG will scale up output of the 46 x x. It's a
way of describing the dimensions. 46 millimeter
cylindrical cells through its 46 in EU initiative,
helping European car makers source advanced battery
formats and changes upstream and midstream are moving
in step. Lytton has bought Northvolt battery
plants in Sweden and Germany pointing to more
consolidation and greater reuse of existing
industrial sites rather than relying on new builds. In
Germany, Vulcan energy has one approval to start
building its lithium extraction plant clearing
permits for both geothermal and extraction
operations. That puts Vulcan among Europe's most
advanced lithium projects and supports a domestic
low carbon feedstock for gigafactories. And finally
in the Western Balkans, 11 ease has signed an
agreement with the European Commission and Serbia's
development agency to develop solutions for
immobility and energy storage supply chains. Now, by
2035, our next story says McKinsey say that clean
technologies will attract $5 trillion in
investments each year worldwide. This new McKinsey
study says that electromobility sits at the
heart of the shift to green technologies reshaping
where and how things like jobs and money get
deployed. The report seen by Ennegate models
spending in 15 clean tech groups in six
clusters. It projects that annual capital
investment could reach that much money, five
trillion euros by 2035, adding one or two
percentage points to global GDP and creating up
to 30 million clean tech jobs. Electromobility,
clean power generation and power systems
account for 84% of the total. Immobility alone is
forecast to attract $2.5 trillion per year,
almost half of all the spending solar, wind,
heat pumps and geothermal account for another
18%. And then there's things like energy systems,
including grids and battery storage. The biggest
commercial prize McKinsey argues in the report
lies in the technologies that move towards
commercialization and scaling up of electric
cars. Chinese players typically move from
concept to pilots in 21 months. Compare that with
48 months for European automakers. And it costs
roughly 30% lower. Now let's carry on talking
about energy. Eon and its partners, Voltix and
Greenway secured a $70 million grant for the
European Union to build one of the continent's
largest megawatt charging networks for electric
trucking. This is a hugely important piece of
work if you want your supplies to the supermarket
to arrive emission free by the autumn of 2028.
The new HDVE project will roll out 330 high
power charges in nine countries targeting Europe's
busiest freight routes. The project is a major
step forward in large scale electrification of
heavy duty road transport. MCS technology allows
trucks to charge at one megawatt or above.
In fact, the MCS megawatt charging standard or
megawatt charging system, I'm seeing it called two
things these days, actually allows for a lot more
than just one single megawatt of power. And it
closes the gap with diesel on range, turnaround
times and TOC's total operating costs. This
initiative is described as a decisive leap that
can enable battery electric trucks to match
diesel vehicles on range and charging times. And
it's also presented as backing a climate
friendly shift. Good news for the small market
of Cyprus, but a wonderful, wonderful place. By
the way, I've been to Cyprus and didn't see many
electric cars when I was there, but preparing for
a new round of subsidies for EVs, just 4.5 million
euros going into the first pot. But if you are
one of the buyers, you get 9000 euros off a
new car. I think 9000 euros off a new car has
to be one of the most generous, regardless of
market size. Now, the scheme opens before
the end of the year, focusing on new EVs and
officials have yet to spell out detailed
eligibility criteria, maybe some income limits as
well. For global car makers, okay, Cyprus isn't
a big deal. New car sales are modest, but a
grant of 9000 euros does put the country
amongst the most generous EV schemes in
Europe on a per car basis. The level of
support can certainly narrow the price gap
between petrol or diesel models. And let's
talk a little bit about Mercedes. Getting
somewhat let off the hook. One of the reasons
I started this podcast was dieselgate, and
that was only because I owned, at the time, a
Volkswagen Golf Blue Motion that I was told
when I bought it. It's a very green car. And
then it turned out, oh no, you got lied to.
We've been putting some stuff in the car,
the so-called defeat devices. And then,
well, of course, Volkswagen took all of the
heat, I think in the mainstream press, but
so many more were up to the same thing.
Mercedes-Benz has now won a significant legal
victory in Germany, as a court overturned a
large diesel recall without ruling on whether
the car maker had done anything wrong. The
decision affects hundreds of thousands of vehicles
and turns on a technical point of view rather
than emissions. On November 27th, the
administrative court in Schleswig found
that Germany's Federal Motor Transport
Authority, the KVA, relied on the wrong legal
basis for a 2018 recall of about three
quarters of a million Mercedes-Benz diesels.
The judges said the regulator should have
used European Union rules, not German laws.
So really kind of ruling on a technicality
here, the recall was one part of the wider
diesel emissions scandal that erupted a
decade ago. And I think for many people
opened their eyes to the fact that some of the
big established car makers that people have
put their trust in when always being entirely
honest. And while it was then up to the
individual to kind of work out, well, I trust
them in the future. How do I feel about these
cars that we've been driving being a lot
more polluting than we were told. And for
many people who take cleaning up the air
that we breathe seriously, well, that
affected buying decisions. The central fact
in this case, though, is that the
particular recall collapsed because of a
procedural flaw, not because Mercedes
exonerated it anyway, by the way, three
more rulings in Mercedes remaining cases
will show how far this reasoning extends
and any definitive judgment on these
defeats devices. That's still rumbling
on. And I've said this many times on
the podcast before we wouldn't be in
this position. Car companies wouldn't
have been felt under so much pressure to
hit emissions rules and, well, frankly,
lie, do awful things on a corporate
level if we'd have had EVs because
the situation just wouldn't have arisen.
And the fact that 10 years later, it's
still dragging through the courts and
the big car makers, particularly
Detroit and Germany, are still arguing
for combustion because they make way
more money with engine technology.
This you think would have given them
much more than just a bloody nose.
But still, the profits keep on rolling
in for selling engines and they just
carry on what a pumping out emissions
because it suits them.
And if there was ever a clear sign,
Dieselgate should have been the line
in the sand to move on, but
they just haven't learned.
And finally, one of the very early
modern day electric vehicles, the
General Motors EV1, long treated
as a museum piece, is now being
ready for a full mechanical restoration
and intended to be a legal road use car.
It's thought to be the only
EV1 that can still be made roadworthy
in private hands, giving
the efforts a very historical,
I think technical weight as well.
The EV1 was GM's purpose built
electric car engineered from the
ground up in the 1990s.
Just over a thousand were produced,
but they were all leased.
They weren't sold, which meant
when the program ended, every
single one of those cars was,
in many cases, very unpopular
decision decommissioned,
banned from public roads and crushed.
Nearly all of them were crushed.
About 40 of them, I think,
survived as non-driving display vehicles,
gutted, in other words, so you could
see them in the museum.
But if you'd opened the door or
lifted the bonnet, nothing underneath.
Or maybe even research vehicles,
I think as well.
One of the survivors, though,
recently crossed an auction lot
and it went for $104,000,
despite, well, the windshield was broken
and that's not an off the shelf part,
but they'll deal with it.
And there was quarter lights and components
damaged. YouTube channel,
the questionable garage,
released a two hour video earlier today,
the data they've collected suggests
the job is going to be technically demanding.
GM took out the battery pack in 2003,
so a whole new battery system needed.
A replacement BMS battery monitoring system
and any missing power electronics.
The team has aims to source components
as close to the original as possible,
but many have been out of production for 20 years.
Some hardware like the charger,
the Magna Charge inductive panel.
6.6 kilowatts was shared.
It was seen on the Toyota RAV4 EV,
the Chevrolet S10 EV.
It may be traceable to get the original
charger, but EV1 specific components
will be hard to find, creating engineering
and probably regulatory hurdles
in recertifying a single historic vehicle.
But if they succeed and it's a two hour video,
it's great, go and watch it.
It's part of your weekend watch.
If you are listening to this podcast at the weekend,
a fully functioning EV1 back on the roads.
For the first time in two decades,
this restoration, this parts,
harness approvals process will be closely
watched as a test case for how important
early electric vehicles can be preserved.
And that's your podcast for today.
Thanks to our premium partners,
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When you think about businesses
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all birds or skims,
sure, you think about a great product,
a cool brand and brilliant marketing,
but an often overlooked secret
is actually the businesses behind the business
making selling and for the shoppers buying, simple.
For millions of businesses,
that business is Shopify.
Nobody does selling better than Shopify,
home of the number one checkout on the planet.
And the not-so-secret secret with shop pay,
that boosts conversions up to 50%,
meaning way less carts going abandoned
and way more sales going.
So if you're into growing your business,
your commerce platform better be ready to sell
wherever your customers are scrolling or strolling on the web,
in your store, in their feed and everywhere in between.
Businesses that sell more sell on Shopify.
Upgrade your business and get the same checkout skims uses.
Sign up for your $1 per month trial period
at shopify.com slash audio boom.
All lowercase.
Go to shopify.com slash audio boom
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About this episode
Genesis is set to unveil its flagship GV90 electric SUV, featuring both standard and luxurious coach door models, promising impressive range and advanced tech. Cupra introduces the Raval, an affordable electric supermini aimed at urban drivers, while non-Tesla charging networks are rapidly expanding, with significant growth in NACS stalls. The episode also highlights Hyundai's rise in profitability, Tesla's European FSD demonstrations, and the restoration of the historic GM EV1, showcasing the evolving landscape of electric vehicles and their infrastructure.