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DAILY: Pump Prices Rise, Cupra Born Refreshed and Ford EV Sales Crater | 05 Mar 2026

DAILY: Pump Prices Rise, Cupra Born Refreshed and Ford EV Sales Crater | 05 Mar 2026

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About this episode

Oil price spikes due to Middle East conflict are driving UK fuel costs higher, sparking debate on EV adoption messaging. Electrifying European corporate fleets could save billions and cut emissions, but challenges remain around costs and infrastructure. Cupra unveils a refreshed Born EV with improved range and interior quality. Ford's US EV sales plummet 71% amid tax credit changes and limited new models. Lucid continues rapid software updates to fix issues in its Gravity SUV. Mitsubishi plans a new EV based on the Nissan Leaf platform. Alpitronic launches an upgraded 400kW charger with better accessibility and features. Aptera nears production with its efficient solar-powered vehicle.

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Technical Too Afraid to Ask
Term

Brent crude

"Brent crude surged past $84 per barrel on Wednesday its highest point since the US struck Iranian nuclear facilities last June"

Brent crude is a type of oil that many countries use to decide how much fuel should cost. When its price goes up, gas prices usually go up too.

Term

diesel

"however petrol and diesel prices famously as the saying goes rise like a rocket and fall like a feather describing how petrol producers will raise prices when conflicts break out but claim they can't reduce them when their costs fall"

Diesel is a kind of fuel used in some vehicles, like trucks and certain cars. It helps the engine run and is different from the fuel called petrol.

Term

petrol

"however petrol and diesel prices famously as the saying goes rise like a rocket and fall like a feather describing how petrol producers will raise prices when conflicts break out but claim they can't reduce them when their costs fall"

Petrol is the fuel you put in most cars to make them go. Its price can change a lot depending on how much oil costs.

Concept

EVs

"but through no fault of their owner paying more at the pump is that really the best way to endear them to EVs hey I mean you do you but I I saw a lot of that kind of narrative this week"

EVs are cars that run on electricity instead of gas. They help reduce pollution and can save money on fuel.

Concept

corporate fleets

"electrifying corporate fleets in Europe could yield up to 246 billion euros in savings by 2030 according to a new report from e y and your electric full fleet electrification would cut"

Corporate fleets are cars or trucks that companies use for their work. Switching these to electric cars can save money and help the environment.

Concept

fleet electrification

"according to a new report from e y and your electric full fleet electrification would cut by a billion tons also by the end of the decade the report named fleet forward powering the transition to electric mobility argues"

Fleet electrification means changing many cars or trucks used by a company to electric ones. This helps save money and is better for the planet.

Term

residual values

"it lists familiar breaks higher upfront costs uncertain residual values inconsistence"

Residual value is how much a car is worth after you have used it for a while. If it's hard to know this, it can make buying or leasing electric cars tricky.

Concept

MEB platform

"kupra has unveiled a facelift for the borne it's MEB based compact built in zvickau"

MEB is a special design that Volkswagen uses to build many electric cars easily and cheaply by sharing parts.

Car

Cupra Born

"kupra has unveiled a facelift for the borne it's MEB based compact built in zvickau"

The Cupra Born is a small electric car made by Cupra, a brand related to Volkswagen. It has different battery sizes and got a new look recently.

Term

shark nose front end

"kupra adds the new shark nose front end new bumpers new lights"

A shark nose front end means the front of the car looks sharp and sporty, like a shark's nose.

Term

continuous light strip

"continuous light strip at the back and new fabrics inside the under the skin"

It's a light at the back of the car that goes all the way across, making it look modern and easier to see.

Term

kilowatt hour (kWh)

"58 kilowatt hour base variant and then two variants which is 79 kilowatt hours"

Kilowatt hour is how much electricity a car's battery can hold, which tells you how far it can drive before needing a recharge.

Term

kilowatt (kW)

"range topping vz which is 240 kilowatts of power"

Kilowatt is a way to measure how strong the car's electric motor is, which affects how fast it can go.

Term

aero front end

"that might just be the the more aero front end doing the work there"

The aero front end means the front of the car is shaped to let air flow smoothly, helping it use less energy when driving.

Part

LFP battery pack

"so that's going to match you would think the capri now ford's capri has an lfp battery pack which is"

An LFP battery is a kind of rechargeable battery used in electric cars. It's safe and lasts a long time.

Car

Ford Capri

"so that's going to match you would think the capri now ford's capri has an lfp battery pack which is"

The Ford Capri is a type of car made by Ford. The newer version uses a special kind of battery called LFP, which helps power electric cars.

Car

Volkswagen Id3

"generation of those vehicles like the first volkswagen id3 good as they were room for improvement"

The Volkswagen ID.3 is a fully electric car made by Volkswagen. It’s designed to be a practical and modern electric hatchback.

Term

federal tax credit

"...the fifth straight month of year over year declines since uh coincidentally the federal tax credit ended and they got rid of the ford f150 lightning program..."

The federal tax credit is money the government gives back to people who buy electric cars to help make them cheaper. When this credit ends, fewer people might buy electric cars.

Car

Ford F-150 Lightning

"...x credit ended and they got rid of the ford f150 lightning program so you know as good as the mustang mac e ..."

The Ford F-150 Lightning is a big truck that runs on electricity instead of gas. It's made to do tough jobs but also be better for the environment.

Car

Ford Mustang

"...f150 lightning program so you know as good as the mustang mac e is ford have nothing new to sell you uh th..."

The Ford Mustang is a famous car that looks cool and goes fast. People like it because it has been around for a long time and is fun to drive.

Car

Ford Puma

"... over here we've got things like the little ford puma gen e it's a cracking little car at mid 20s and t..."

The Ford Puma is a small car that looks sporty and is good for city driving. It's not too expensive and has useful features that many people like.

Car

Ford Explorer

"...then the capri and the explorer which are cracking cars but i think a little too expensive anyway..."

The Ford Explorer is a big SUV that many families use. It has lots of space and can be used for many different things.

Car

Lucid Gravity

"...ove on lucid has pushed a software update to the gravity suv following its big january update that they sa..."

The Lucid Gravity is a new electric car that looks like a big SUV and uses electricity instead of gas. The company often updates its software to make the car work better and add new features.

Concept

Renault-Nissan-Mitsubishi Alliance

"the new ev will come from the risa risan reno nissan mitzvishy alliance which is still holding together nissan will supply the leaf and the cmf ev platform"

This alliance is a team-up between three car companies to work together and share ideas and parts to make better cars, especially electric ones.

Concept

CMF-EV platform

"nissan will supply the leaf and the cmf ev platform and on that will be the new leaf based mitzvishy spy shots so it in showing camouflage the silhouette the roof line very much nissan leaf like the prototype does have its unique bumpers"

The CMF-EV platform is like the basic design and parts that several electric cars use. It helps car companies make electric cars faster and cheaper.

Car

Nissan Leaf

"nissan will supply the leaf and the cmf ev platform and on that will be the new leaf based mitzvishy spy shots so it in showing camouflage the silhouette the roof line very much nissan leaf like the prototype does have its unique bumpers but you would think this would be otherwise a leaf under the skin"

The Nissan Leaf is a car that runs only on electricity instead of gas. It's one of the first electric cars many people could buy and drive every day.

Part

electric vehicle charger

"alpitronic makes some of the best charges in the business and i always am relieved if i turn up to charge my car and i see some alpitronic hardware generally very reliable and their series two of their hyc four hundreds is now in production maximum power doesn't get a bump it's still 400 kilowatts it's splitting 50 kilowatt increments across two charging cables it's got a new big 22 inch screen up from 15.6 inches and it's on the front of the unit as well with a redesigned interface it looks really really good and a new payment terminal below the screen hardware layout depends on the site charging connectors can sit on both sides or just one"

An electric vehicle charger is like a gas pump but for electric cars. It puts electricity into the car’s battery so it can drive.

Brand

Alpitronic

"all right welcome back to the podcast alpitronic makes some of the best charges in the business"

Alpitronic makes machines that help electric cars recharge their batteries quickly and safely.

Term

silicon carbide power stacks

"under the skin the new series two uses silicon carbide power stacks they don't spell out all the gains but they do say the continuous output goes from 500 to 600 amps"

These are special parts inside electric cars that help manage electricity better, making the car work more efficiently and stay cooler.

Term

kilowatt hour battery

"400 miles of range 44 kilowatt hour battery very very highly efficient they've got a lot of people who are big fans"

The kilowatt hour number tells you how much power the car's battery can hold, which helps decide how far the car can go before needing to be charged again.

Car

Land Rover Defender

"now geely will unveil their off roader a new four by four pitched at the land rover defender or a total land cruiser they'll"

The Land Rover Defender is a strong and tough SUV that can drive on rough roads and is famous for being very good off-road.

Car

Toyota Land Cruiser

"now geely will unveil their off roader a new four by four pitched at the land rover defender or a total land cruiser they'll"

The Toyota Land Cruiser is a big SUV that can go almost anywhere and is known for lasting a very long time without problems.

Concept

vaporware

"...it's a little way off which is why the story is further down the running order of the podcast so at the minute still vaporware..."

Vaporware means something that is talked about but doesn't actually exist yet and might never come out.

Concept

concept car

"...this car follows the galaxy cruiser concept shown last year at the shanghai motor show..."

A concept car is a special car made to show new ideas and designs, but it might not be sold to people.

Term

all-wheel drive

"...land rover defender total land cruiser blocky build all-wheel drive classic off-roader kind of shape..."

All-wheel drive means the car can send power to all four wheels to help it drive better on rough or slippery roads.

Term

horsepower

"almost 850 horsepower perhaps would put it in a very high-end uh kind of off-road market but we'll"

Horsepower tells you how strong a car's engine is. More horsepower usually means the car can go faster and speed up quicker.

Concept

protectionism

"content rules pitched as a shield protectionism call it that for the european union"

Protectionism is when a country tries to help its own businesses by making it harder for other countries to sell their products there.

Concept

electric vehicles

"targeting the bits that go into electric vehicles and how they're made as well so procurement and things like low carbon steel and the batteries"

Electric vehicles are cars that run on batteries and electricity instead of gas or diesel.

Term

self-charging hybrid

""...and remember there's no such thing as a self-charging hybrid""

A self-charging hybrid is a type of car that uses both a gas engine and a battery. It charges its battery by using the engine and when you brake, so you don't have to plug it in. But it still needs gas to keep going.

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