A plug-in hybrid is a type of car that uses both a gas engine and an electric motor. You can charge it by plugging it in, which lets you drive on electricity for a while before the gas engine kicks in.
A battery electric vehicle is a car that runs only on electricity and has no gas engine. It needs to be charged up, and it doesn't produce any exhaust fumes like regular cars do.
Car
Skoda ENIAC
The Skoda ENIAC is an earlier electric car from Skoda. It's important because it shows how the company started making electric vehicles before the LROC.
The Skoda Octavia is a well-known car from Skoda that can run on petrol or electricity. It's popular because it's practical and efficient for everyday use.
A supercharger is a special charging station for electric cars that lets you charge the battery much faster than regular chargers. It's useful for long trips.
A megawatt hour is a way to measure how much electricity is stored or used. It's like saying how much energy a big battery can hold. In this case, it shows how much energy Tesla's systems can store from solar power.
VAT stands for value-added tax. It's a tax added to the price of goods, including cars, and can affect how much you pay when buying a vehicle.
Car
Lotus Electra
The Lotus Electra is a new car from Lotus that uses both electricity and gasoline to power itself. It's designed to be more environmentally friendly and has a long driving range.
A 900-volt system is a type of electrical system in cars that helps them charge faster and run better. It means the car can get more power quickly when you plug it in.
680 miles of range means that the car can drive for a long time—about as far as driving from one city to another—before needing to be charged or filled with gas again.
Car
Electra plug-in hybrid
The Electra plug-in hybrid is a car from Buick that uses both gasoline and electricity to run, which helps save fuel and reduce pollution.
Charging ports are the places on electric cars where you plug in to charge the battery. They let you connect the car to a power source to refill the battery.
The Porsche Cayenne is a fancy SUV that is known for being fast and fun to drive, like a sports car but with more space. Recently, Porsche has started offering an electric version of the Cayenne, which is exciting for those looking for a luxury vehicle that is also environmentally friendly.
Vehicle-to-grid means that electric cars can not only use electricity to charge but can also send electricity back to the power grid. This helps manage energy better and can even allow car owners to earn money.
Vehicle-to-home means that electric cars can provide electricity to your house. This can be useful during power outages or to save money on energy bills by using the car's stored energy.
Two-way power flows mean that electricity can go back and forth between your car and the power grid or your home. This is important for systems that let you use your car's battery to power your house or send energy back to the grid.
EV packs are the batteries in electric cars that store energy. They help the car run and can also be used to send power back to homes or the grid.
LIVE
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Hear that?
That's me with a lemonade in a rocker on my front porch.
How did I get here?
I invested to make my dream home, home.
Get where you're going with MDY, the original mid-cap ETF
from State Street Investment Management.
Getting there starts here.
Before investing, consider the fund's investment objectives,
risks, charges, and expenses.
Visit statestreet.com slash im for a prospectus
containing this and other information.
Read it carefully.
MDY is subject to risks similar to those of stocks.
All ETFs are subject to risk,
including possible loss of principal,
Alps distributor, Zinc distributor.
Welcome back to the podcast.
Today, the UK goes pay-per-mile on EVs.
Skoda EVs double their share,
and the largest Tesla supercharger opens.
Plus, stay tuned.
Later in the show, I'll tell you why Greenpeace
are walking the walk and practicing what they preach
with a new flagship vessel.
On EV News China, today, our spin-off show,
looking at EVs in the East,
we're talking about neo deliveries and margins improving,
Chinese EV factories in the EU,
and Li Auto slipping into the red.
Let's start with this headline news from Britain yesterday.
Electric motoring will stop being tax-free.
From April, 2028, every mile you drive in an EV
will incur a charge, three pence per mile,
in fact, for bevs and 1.5 pence for plug-in hybrids.
The move aims to fill a hole in fuel duty
as petrol and diesel sales fall,
but it risks cooling demand for EVs
just as the market matures.
Chancellor Rachel Reeve sent out the plan
as part of a broad reset of how Britain tax is driving.
The paper mile levy will come
on top of the recent 195 pounds per year.
Vehicle excise duty, we call it road tax,
which EV owners already pay,
plus the 400 pounds,
a EV tax on cars costing more than 40,000 pounds,
and that isn't a very high threshold at the moment.
The mileage fee will also rise each year with inflation.
By 2029, the government's own Office of Budget Responsibility
expects the scheme to bring in 1.4 billion pounds a year
on today's numbers.
A typical driver who does 8,500 miles per year
is paying another 255 pounds in government tax.
The Treasury's own OBR, Office of Budget Responsibility,
expects a hit to EVs.
The OBR forecasts themselves 440,000 fewer EVs
between now and 2031, an extraordinary number.
That would make it harder to hit
the government's own zero emission vehicle mandate,
and with it, the country's climate targets for raising,
albeit 1.4 billion pounds,
that's not a huge amount of money,
but it's a huge amount of vehicles
which the government themselves say won't hit the roads
because of these new punitive taxes.
Industry voices have never denied
that road taxes need reform.
They're asking, but why now?
And who shoulders the bill?
Delvin Lane, the CEO of rapid charging firm Instavolt,
backed the long-term idea of paper mile funding
for all vehicles driven,
but warned that introducing a system now puts off drivers
who are just considering making the switch to electric.
He also pointed to drivers who can't charge at home.
Many, many people in this country don't have home charging
and they already pay 20% VAT on public charging
compared with 5% if you charge at home.
Tania Sinclair, the CEO of Electric Vehicles UK,
striking a similar note.
She accepted that motoring tax system
needs fundamental long-term reform
and that change is unavoidable.
As more drivers go electric,
the question is, how do we design change
that doesn't stall the very transition
that makes the reform necessary?
Let's move on.
Skoda has flipped its sales mix in just a year.
One in four cars itself now has a plug
up from one in 10
and the compact LROC small SUV
is at the heart of the uplift.
Volkswagen Group's latest report
puts Skoda's plug-in share,
battery electrics plus plug-in hybrids at 24.1%
up from 11% a year ago.
That 13-point jump means plug-ins went from niche to normal
in a single model cycle.
Over the first nine months of this year,
Skoda delivered 765,700 vehicles worldwide,
up 14%, keeping Skoda as the Group's third biggest brand,
the numbers mix, BEVs and FEVs,
but the Group singles out the new pure BEV LROC
as the driver of the success.
Alongside the earlier ENIAC,
the 100,000th LROC rolled off Skoda's
Mlada Boleslav plant in early 2025,
an LROC RS in bright, mumber green.
It came off a flexible line
that also turns out the ENIAC
and the combustion Octavia in plain terms.
Skoda can build EVs and petrol cars
on the same kit, then swing volume
from one to the other as orders shift
and from January to the end of the third quarter,
that setup has delivered 120,000 more pure
battery electric vehicles from Skoda.
Great news from Tesla next.
They switched on the world's biggest supercharger
on the main highway between San Francisco and LA,
a test case for how long distance EV travel
will work in America.
The new Oasis hub sits on Interstate 5,
164 fast charging stalls with onsite solar and storage.
The aim is simple.
Stay ahead of the looming fast charging crunch
on one of California's busiest corridors.
The timing was tight.
Tesla announced the project over a year ago.
Max Dasega, Tesla's director of charging
for North America, Europe,
the Middle East, Africa and Asia Pacific
first laid out the plan.
Groundwork started eight months ago.
The first 84 superchargers were switched on in July.
Now the remaining 80 have come online,
so the whole site is open,
a shade under the original plan for 168 stalls.
Each stall though could in theory deliver 325 kilowatts.
It's very rapid DC charging.
What makes Oasis stand out is not only the size,
but the 11 megawatt solar array feeding all the stalls.
Most of the panels spread across open land
behind the covered charging base.
10 Tesla mega packs onsite
with 39 megawatt hours of storage,
soaking up excess solar
and then discharging when demand spikes.
Of course, a big fat grid connection as well.
Tesla has just become Norway's best selling car brand.
Not just this year, although it is this year,
but for any year, for any brand ever.
And there's still four weeks of the year to go.
The company has already passed a milestone
that Volkswagen set in the pre-EV era.
Tesla Europe and Middle East
counts more than 26,000 registrations
in Norway so far this year,
going past Volkswagen's 2016 peak.
That makes Tesla the best car maker,
most successful car maker in Norwegian history.
In a one-year basis, of course,
in a market where BEVs, battery electric vehicles
are pretty much the entire market.
Two cars do all the heavy lifting, Model Y, Model 3.
Policy helps as well.
Many buyers are rushing to lock in the current terms
before expected tax changes pulling demand forward.
Some car makers now pitching their own VAT guarantees,
pledging to cover any extra VAT value-added tax
if a car ordered now arrives after
the start of the new rules.
Lotus is betting it's come back on a plug-in hybrid.
The electric, sorry, the Electra plug-in hybrid
is due in China in January next year
with a 900-volt system and 680 miles of range
on a tank and a charge.
The timing matters because Lotus sales
from January to September were down 40% this year
and bosses now depend on China more than ever.
China's 46% of Lotus's business,
they blame tariffs, dealers clearing stock
on a slow handover to updated models
and they frame the slump as a transition, not a collapse.
The new Electra plug-in hybrid
is the clearest sign yet of that shift.
Prototypes have been spotted near the Lotus store in China
earlier this month in November with a fuel door
and charging ports in the rear fenders
and an exhaust on show,
confirming the car will pair combustion and plug-in,
an upcoming Lotus plug-in hybrid.
So all upcoming Lotus hybrids
have the shame 900-volt system, big battery,
not that we know what that would be,
and Lotus sits inside the Geely Empire,
so I would expect them to leverage the engineering
for the powertrain from within Geely.
Horse powertrain, which is Geely Renault Aramco,
builds hybrids and combustion systems for global markets.
That could be a likely source of the key hardware.
Porsche is opening up Cayenne electric orders in the US
in the first few days of those orders being open.
The first full EV version of its best-selling SUV
has got early interest
and the car looks set to play a key role.
US buyers can now configure and reserve the Cayenne electric.
Deliveries begin summer next year
and the EV sits alongside.
The gasoline and hybrid versions doesn't replace them.
In the first four days,
Porsche said that they have a record 110,000
builds on the configurator.
Yeah, it's not actually orders for cars, is it?
But still, it's a good press release.
The car matters far more than just those vanity metrics.
The Cayenne is one of Porsche's biggest profit engines
in America with 22,000 sold last year.
Porsche also says this will be the most customizable Cayenne
it's ever sold.
The flood of unique online builds backs that up
and hints at strong demand for options
and personalization vital for margins
in the luxury market.
X-Pong is next in the news.
They might bring plug-in hybrid power or E-rev power
that's where the battery drives the wheels
and the engine's a generator.
The X-9 is built for drivers who want EV tech
but the safety of a fuel tank wouldn't be for me
but some people want that.
Now the Chinese brand is weighing
whether to bring that to Europe.
The founder and CEO, Heu Xiaopeng,
telling Automotive, no news Europe,
the long range hybrid X-9 which is a big people carrier
is on the shortlist for export.
The car's already seen testing on the continent,
laps at the Nürburgring in Germany.
In China, the X-9 E-rev launched last week
at about $43,000 US dollars equivalent
undercuts the fully electric X-9 which is about $50,000.
For her, extended range EVs are a way
to speed the shift away from pure combustion
on X-Pong's latest earnings call.
He cast E-revs as a bridge from ice to new energy
saying they help win over buyers
who fear range limits and weak charging
especially in places like Northern or inland China.
Early signs do back that up.
Less than a week after launch,
X-Pong is rushing its supply chain
to lift the output of the E-rev X-9
by about 5,000 models before the end of the year.
But Europe is trickier.
On paper, the X-9 looks tailor-made for drivers
who want one car that can do both the school run
and a cross-continent holiday trip
and still plug in and get a good amount of juice
when they find a charger.
In practice, tariffs might blunt its edge though.
Under current EU rules,
E-revs shipped from China face the same duties as full-bears
but don't enjoy the softer treatment
given to plug-in hybrids.
That raises prices and muddles the message to buyers
who think of hybrid as cheaper and a safer bet.
We'll wait and see.
Lots more on the podcast to talk about today.
UK motorway charging is gonna get a lot better.
Euro NCAP might force Tesla to bring back buttons
and a billion-dollar graphite hub for Ontario.
There's stories and a lot more coming up on the podcast
that I so stick around.
I'll be back in a mo.
The number one resolution for people last year
was to save more money,
but nearly half gave up by February.
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Download RocketMoney to reach your financial goals
this year.
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and automate savings in one simple app.
RocketMoney shows you all your expenses
and categorizes them so you know exactly
where your money's going and where you're overspending.
From there, the app cuts waste
by canceling your unused subscriptions
and lowering your bills.
No customer service needed.
With that money freed up,
the app will automatically set some cash aside
for your goals, whether it's an emergency fund,
paying off debt, or saving for vacation.
RocketMoney's got you covered.
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That's rocketmoney.com slash cancel.
Rocketmoney.com slash cancel.
Hear that?
That's me with a lemonade in a rocker on my front porch.
How did I get here?
I invested to make my dream home.
Get where you're going with MDY,
the original mid cap ETF
from State Street Investment Management.
Getting there starts here.
Before investing,
consider the fund's investment objectives,
risks, charges, and expenses.
Visit statestreet.com slash IM for a prospectus
containing this and other information.
Read it carefully.
MDY is subject to risk similar to those of stocks.
All ETFs are subject to risk,
including possible loss of principal,
Alps Distributors, Inc. Distributor.
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Hear that?
That's me with a lemonade in a rocker on my front porch.
How did I get here?
I invested to make my dream home.
Get where you're going with MDY,
the original mid-cap ETF
from State Street Investment Management.
Getting there starts here.
Before investing, consider the fund's investment objectives,
risks, charges, and expenses.
Visit statestreet.com slash IM for a prospectus,
containing this and other information.
Read it carefully.
MDY is subject to risk similar to those of stocks.
All ETFs are subject to risk,
including possible loss of principal,
Alps, Distributors, Inc. Distributor.
Okay, welcome back to the show.
Now, new high-power charging hubs
are coming to some of the busiest roads in Britain
and they're landing fast.
By the end of 2026, Extra and GridServe
have seven new super hubs for UK motorways,
adding 96 rapid bays.
The first is Beckinsfield Services
due to open by the end of the year.
For anyone planning long trips,
this is one of the clearest signs yet
that the motorway network is starting to match EV sales.
Each hub will use chargers
that can deliver 400 kilowatts
with a car that can take that much power
and there's not too many cars that can,
but several incoming drivers
could add more than 100 miles in less than 10 minutes.
After Beckinsfield,
new sites follow at Baldock, Cambridge, Cobham,
Colombson Leeds, Skeleton Lane and Peterborough.
Extra wants to grow its fast charging network
by almost 300% by the end of next year
and is spreading the work.
GridServe will build super hubs.
IONITY lines up its own high-powered units
at the same service sites.
Now, could this be a headache for Tesla
or could they look to acquire one of the companies
who make the third-party add-ons
that are the physical buttons that sit below the screens
on Teslas?
Actually, they integrate really well.
The pictures that I've seen,
not tried them in person,
but it's a row of physical buttons beneath the screen.
It clips on in some way.
Looks very original, actually.
Well, Euro NCAP, the safety testing organization,
is changing up how your next EV
will earn its five safety stars.
And of course, for anyone serious about selling an EV,
the Euro NCAP five-star safety rating is a must-have.
Crash tests alone no longer cut it.
Driver aids, how they behave
and how easy the car is to control
are increasingly being part of the final score.
The new protocol starts in 2026
and it stands on four pillars.
Safe driving, crash avoidance, crash protection
and post-crash safety.
Rather than just checking
whether assistance systems tick the boxes,
Euro NCAP will now want to know
how these ADAS systems in your next EV behave.
The shift follows years of complaints from drivers
about constant beeps and bongs and nagging
and lane-keep nudges.
Cars will score higher
if they can keep the driver engaged,
but not lulled.
Euro NCAP will favor driver monitoring technologies
that maintain the attention
and engagement behind the wheel,
including systems that monitor driver performance
in real time.
That means cameras and sensors
that track head and eye movement
and then tune the ADAS response
if the driver looks distracted or drowsy.
The best rated systems will not just warn,
they will adapt.
Inside the car, the Euro NCAP testing
is going a little bit old-school.
Euro NCAP is now going to scrutinize
the placement, clarity and ease of use of buttons.
Crucially, for many EV owners,
the new scorecard is going to reward physical buttons
for everyday jobs, lights, wipers and climate.
Must all be easily accessible
without having to look down
and take your attention off the road
at a big touchscreen in the car.
And this is very similar to what China is doing
and has done as well.
It reflects a growing view
that a simple hard key
for functions that you don't want to change over time
because you'll always want to flick the wipers
or flash your hazards
or turn the lights on and off, for instance,
rather than digging through,
in some cases, for a single action,
three layers of touchscreen menus
which significantly increases
the time that you take away
from your eyes being on the road.
Now, Tesla is proudly a no-button brand.
Is it conceivable that the next Tesla you buy
wouldn't have five stars on the safety ratings?
I think they'd find a solution.
Now, Norway's Vihanode will spend $3.2 billion
on a new synthetic graphite plant
in St. Thomas, Ontario,
aimed at feeding North America's fast-growing
EV battery industry.
The project promises 1,000 jobs
and a major new link
in the region's battery supply chain.
The company laid out the plan at a news conference
with Ontario Premier Doug Ford
and Vihanode CEO Burkhard Strauber.
The plant in the Yarmouth Yards area
will make synthetic graphite
for lithium-ion battery anodes.
At a scale, the Vihanode says
can support battery production
for around 2 million EVs every year.
Ontario is backing it
with a 670 million Canadian dollar loan.
Now, park DVs in Japan will soon start working
for the grid.
Caloosa and Mitsubishi have begun
the country's first home vehicle-to-grid trial
turning driveways into flexible power.
Announced in 2024, the project deepens Caloosa's partnership
with Mitsubishi after they set up
a joint venture earlier in the year.
Caloosa's energy platform will link
with MC Retail Energy
and Mitsubishi to run the vehicle-to-grid
and vehicle-to-home services.
Together, they will test two-way power flows
between cars, homes, and the wider network.
With one key question in mind,
can EV drivers earn money
by joining future power markets?
This trial puts Japan into a global push
to treat EV packs as thousands of small power stations.
Caloosa is bringing in lessons
from earlier vehicle-to-everything pilots in California
where its software already juggled power
between cars, buildings, and grid assets.
In Japan, the partners will try out
bi-directional charging for backup power during blackouts
and for fast grid support services.
They'll also probe which tariffs and business models
might convince households to sign up at scale
rather than just plugging in and forgetting.
Now it is, sadly, bye-bye, Bollinger.
They've run out of road.
The Michigan EV startup shut down,
looks like six days ago,
after missing multiple payrolls
and failing to turn its bold prototypes into a business.
Staff learned the news in an early morning email,
HR director Helen Watson, telling employees,
the company will close the doors
of Bollinger Motors effective today.
The message followed at least two missed payrolls
and dozens of workers have now filed complaints.
The fallout will not stop with employees.
Michigan officials are preparing
to claw back millions in public incentives.
After Bollinger fell short of its promise
to invest and hire in the Detroit area,
the firm had secured $3 million
from the Michigan Economic Development Corporation,
tied to a pledge to invest $44 million
and create 237 jobs.
Those targets were never met,
so the incentive deal now looks set to become illegal
and political, probably, fight.
And finally, Greenpeace.
Their next flagship will try to cross oceans
without involving fossil fuels.
The 75-meter ship, Ju, in 2027,
will lean on a three-megawatt-hour battery,
sails, solar panels, and even a green hydrogen fuel cell.
The hull is taking shape in Spain,
where the keel went down in July.
Delivery is planned for 2027.
The propulsion is a hybrid mix,
engines that can run on methanol, feed,
two electric drive propellers.
Also, the hydrogen fuel cells
that would run on renewable green hydrogen, if needed,
above deck, 1,746 square meters of sailcloth
will do much of the work,
pushing the ship through the water.
Solar panels and battery packs from AYK Energy
cover the ship's electrical needs and loads.
AYK will install three-megawatt-hours
of its ARIES Plus Marine Battery Packs,
which won type approval from DNV earlier this year.
That sign-off means the system
meets strict marine safety and performance rules,
and it helps push large lithium packs from test cases
into real blue water work.
The aim is to run the ship as close to fossil fuel-free
as ports allow, with a clear path to 100% green power.
For the wider electric and hybrid ship market, though,
the project shows that multi-source systems,
batteries, sails, electric generation,
methanol-ready engines, hydrogen fuel cells
are no longer demos on small boats,
but tools for frontline ocean ships.
They also suggest ship owners now trust
megawatt-hours-scale battery banks,
especially when they team them with wind
to boost range, cut emissions, and add backup power.
And that's your podcast for today.
Thanks to our premium partners,
National Car Charging on the US mainland
and the Loha Charge in Hawaii,
and Octopus Electroverse Global Public Charging
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and a new name to be added this weekend.
Listen out for an interview in coming soon.
Thanks for listening, sit-amara, and remember,
there's no such thing as a self-charging hybrid.
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This game is once-in-a-century.
Be there at Motor Center on January 24th.
Go to hollamglobetrotters.com for your tickets
to the 100-year tour.
About this episode
The UK is set to implement a pay-per-mile tax on electric vehicles starting in April 2028, raising concerns about its impact on EV adoption. Skoda reports a significant increase in EV sales, with one in four cars sold now being a plug-in model. Tesla opens the world's largest supercharger station in California, enhancing long-distance EV travel. The episode also covers new high-power charging hubs in the UK, Euro NCAP's updated safety ratings focusing on driver engagement, and a new synthetic graphite plant in Ontario to support EV battery production.