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Welcome back to EV News Daily, coming up today.
Ford's EV sales on the rise, Canada pauses their EV mandate and Genesis GV70 extended
range, plus stay tuned because later in the podcast, I will tell you all about how you
can pay for your next charging session with crypto if you really, really wanted to.
Well, good morning, good afternoon, or good evening.
Wherever you are in the world, welcome to EV News Daily, your trusted source
of EV information, Sunday, 7th of September.
I'm Martin Lee.
I go through every EV story so you don't have to.
Patreon supporters, fund this show, get the episodes ad free as soon as they're ready and
are part of the EV News Daily community.
Be like them by clicking on a link in the show notes.
We'll kick off with some brilliant news coming out of the US and that is August being Ford's
6th straight month of overall sales growth led by EVs.
As buyers move to purchase before the federal tax credit goes, by model, in August,
Mustang Mach E was up 35%, F-150 Lightning was up 21%, dealers are promoting the deadline
with messages like, plug in before it powers down, analysts expect 3rd quarter EV sales to
be the strongest to date.
July sales were near an all-time monthly record anyway, at this pace Q3 will easily
be the best ever as buyers get in for discounts before the end.
The sales spike should persist through the end of September across all EV.
Models with analysts split on the Q4 sales numbers, some saying a general slowdown, others
predicting a complete drying up of EV sales will wait and see.
I'm a little more optimistic than those, the move to EV is happening, whether the current
incumbent of the White House and the short-term political direction of the US wants to
or not.
The world will move around on electricity, if whether that is next week, next month,
next year, or in 50 years, the speed at which the US does it is very interesting to watch
and commentate on personally.
I think the US will have some catching up to do, perhaps at some point, and no doubt
they will as EV technology moves forward.
Now, Canada is one of those countries that is adjusting the timelines, just turning
the dials up and down around the edges.
They said on Friday, Canada will waive the rule that 20% of vehicles sold next
year to be emissions-free.
Part of a package to help companies address US tariffs, the Liberal government of then
Prime Minister Justin Trudeau set the 20% target two years ago.
Prime Minister Mark Carney said dropping the rule will help the auto sector absorb US
measures that also affect steel and aluminium.
Ottawa will start an immediate 60-day review to cut costs tied to EV sales requirement.
The Canadian Vehicle Manufacturers Association backed the decision, saying mandates
created unsustainable costs and put investment at risk.
Carney also said it's too early to decide whether to remove the 100% tariff on Chinese
made EVs imposed last year.
China on Friday extended its investigation into Canadian canola imports, much like
they've done with European goods as well.
I'd love it if my Canadian listeners wouldn't mind seeing, well, a reduction
in those tariffs and elimination of those tariffs.
And it would, those that perhaps wouldn't mind seeing, Canadians buying a lot of the
cheap Chinese cars that we get, for better or worse, by the way, which would be
odd because you'd have North America with this weird kind of two-class EV system
where North of the border Canadians would be driving around like we are
really and a story on that in a minute.
Pretty cheap Chinese vehicle, some good, some bad.
I drive one, although Polestar is that Chinese kind of an internet
listed company based in London, designed in Gothenburg, but either way.
So very interesting, we'll wait and see what happens there.
By the way, if you think you can hear a cat in the background and you're
looking around, is there one trapped in my room?
No, no, that's this end, by the way.
I have a needy rescue cat that would like feeding, but it'll have to wait
20 minutes because, well, I'm here doing this with you.
Let's move on.
Genesis is developing its first extended range electric vehicle.
The G70 EREV with a global debut plan for next December, not a couple
of months time, as in over a year away.
An extended range electric vehicle, EREV, EREV, is a plug-in hybrid
that runs mainly on battery power using a small gas engine
as a generator to recharge the battery.
You're thinking, didn't BMW invent this 10 years ago
or longer with the i3-Rex?
Yes, and haven't they just reinvented the i3-Rex?
With a fancy new marketing name to sell more cars?
I mean, EREV is, I guess if the modern definition of an EREV
would be a very, very big battery and the petrol engine,
but the battery still drives the wheels.
The engine probably adding a bit more than.
I mean, you're right, it's an i3-Rex, isn't it,
with a new term around it, but there are some tweaks, I guess,
to the definition.
Preliminary guidance points to a modified platform, EGMP,
like we have on their EVs.
Total driving range, they're going for 900 kilometers,
560 miles with a small petrol generator,
which would never drive the wheels.
Only recharging the battery.
Markets are expected to include North America,
South Korea and bits of Europe.
Over here, charging infrastructure and demand
for low-emission vehicles continues to grow.
Many countries, well over 50% now,
have been reporting on that, the UK is heading towards 30%.
Purebev, by the way, almost, Purebev here,
and the UK is a massive, it's Europe's biggest car market.
That in Germany, we flip-flop.
And so, I'm surprised Genesis is going with EREVs.
The Chinese have gone really big in the last 12 months
on launching electric vehicles that are called EREVs.
And the way they've done it is they've gone with the big figure.
So a full tank of fuel and a full battery
under certain driving conditions where, you know,
regen will then recharge the battery.
So you're not losing energy when you're slowing down.
You can recharge the battery through a regen.
And then news petrol, which is just, you know,
fossil fuels are just an energy store,
but a very good energy store, which is why we've used them.
And they've given the big number, you know,
like 1200, 1300, 1500 kilometers of range from our new EVE.
Calling it EVE is a push, and we'll get to that again
in a moment.
Germany, next in the news, though,
Germany confirms the depreciation for used EVE.
This is very important news for my German listeners.
The innovation booster law adds special depreciation rules
for EVEs and confirms it's covering used EVEs now.
After a request by the German Motor Trade Association,
the federal government clarified that newly acquired vehicles
doesn't limit a vehicle to being its first registration
if you are requiring it used.
The provision applies to used EVEs if they're new to you.
The scheme lets companies depreciate 75%
of an EVE's purchase price in its first year
with lower rules thereafter,
applying to all newly acquired EVEs purchased
between 30th of June this year and the 1st of January, 2028.
The declining balance schedule is 75% in year one,
10% in year two, 5% in years three and four,
then three and two percent as time goes on.
Above 100,000 euros gross list price,
if you're an employee, you must pay tax on 1%
of the gross list price per month as a benefit in kind.
We have big rules over here as well.
If you get your car from the company,
the tax man still wants to get some of the action.
Let's say that now.
Let's move on and talk about Audi will use
the new technology from Rivian VW's Hookup.
Audi will launch its first models
with a Rivian developed software stack in 2028,
changing how it develops vehicles and features.
The Volkswagen ID1, which is coming first,
is the first VW group production car
using the Rivian way of making EVs,
so that's zonal architecture in the Rivian software.
But Audi will be the first group brand
to launch a car with the complete software architecture
from the Rivian partnership.
Volkswagen Group set up a joint venture
with Rivian last year, co-CEOs.
We'll see how that turns out.
Football team, sports teams don't tend to work too well
with co-CEOs.
We'll wait and see.
We'll give it a chance.
The CEO of Audi, Gernot Donner,
said Audi has the highest requirements for functionality.
He said that new tech brings efficiency gains
and lower complexity,
fitting Audi's plans to be a simpler operation.
He added they're working with the Rivian partnership
and building the test mules already now.
The technology will debut on two models
across different segments on a new platform.
From there, Audi will roll it out
step-by-step from these two models
to the complete lineup.
Donner did not identify the first two ones,
but Audi is expected to launch its first car
on their new platform, SSP.
That comes from the VW Group mothership
around that time, using the new software stack,
changing how the whole vehicle is made.
If you're Audi, you've been making vehicles
for a very long time.
You go back and design and build the next-gen cars
completely differently.
Cutting, speed of development over the air updates
become crucial and integral
to the vehicle becoming just functional
in many different ways.
Software-defined architecture brings,
they say, a complexity reduction.
It all sounds fabulously complex to me.
But the smart people who understand these things
say it really is a reduction in complex complexity
and how vehicles are put together.
All right, coming up on the podcast very soon,
lots to talk about.
Rivian's CEO has been talking a little bit
about Chinese cars.
Also, we're going to be talking about electric vans.
And while one Chinese brand entering the UK,
it's off to an absolute flyer of a start.
Right, I'm going to let this pussycat out of my recording studio
and put all of my devices on silent
because during that last story,
all I could hear was bings and bongs
as people have texted me.
How utterly unprofessional of this podcaster.
I'll do that and see you in about three seconds time
if you're on the Patreon page
and if you listen to the ad-supported free feed,
well, maybe in a minute or two.
See you in a mo.
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All right, all done.
Welcome back to the podcast.
I had a slurp of coffee in that time as well.
Let's move on and let's talk a little bit about service.
Dealers say that EV adoption hasn't collapsed their service revenue,
but they are expecting changes.
This came via Automotive News.
It's a subscription website, so I won't give away all the good stuff.
Oh yeah, respect, and I'm sure they wouldn't want me to,
but I do pay for it.
And it's an industry website, but really interesting.
I put a couple of quotes that I will just give you.
Automotive News spoke to Alexandra Sayant,
the VP of Quebec's Group Sayant,
saying, and I quote,
I think the aftermarket will invest more and more
as the market grows, end quote,
and sees a steady EV demand for service.
Early EV buyers often skipped service,
assuming none was needed.
He says, and I quote,
this misconception has disappeared in the province of Quebec,
end quote.
It's interesting.
Yeah, I think because Tesla was so big in the early days of EV
and because Tesla doesn't have a service schedule,
that kind of became a bit of an urban myth.
Certainly every EV that I've owned
has had a service schedule of some form.
And certainly I've had,
I wanted to keep that going for the warranty
when I come to sell those vehicles on.
And so it's not cheap sometimes.
And you don't wonder what they're doing.
I've had a couple of very lovely videos
from nice people at MG underneath my car on the ramps.
So it's been a lovely short video
of being like, here's the underneath of your car, sir.
We're doing the service.
It all looks good.
I'm like, and so it should be looking good.
I don't know did they ever do air filters and stuff.
Maybe they certainly relieve me
of quite a lot of money in my opinion,
just to get a tick in the service book.
But hey, it keeps the warranty going,
which is very important to some people
on the used market.
New EV technology is generating new warranty work,
though, for dealers.
And that will, as products mature, change.
The group there is emphasizing things like tires
and making money from tire sales,
citing Quebec's winter tire mandates
and the fact that EVs can be heavier,
but also people can drive EVs more aggressively.
That wears out tires a little more.
I mean, the EVs are so fun to drive.
I don't blame you if you're a little bit heavy
on the right foot.
And so, yeah, traditional maintenance is out,
but some customers still prefer
to go back to their main dealer for everything
and then you can upsell them on things like tires.
Well, at Sherbrooke Mitsubishi,
they spoke to Automotive News.
They sell the Outlander.
That's a plug-in hybrid.
And the VP, Maxime Boccage,
said that maintenance schedules
mirror the ICE vehicle.
And I quote,
that means routine maintenance is still
very much part of our service operations.
Things like oil changes, brake service,
and general maintenance still apply,
albeit sometimes at longer intervals
compared to traditional ICE vehicles.
That's a really interesting story about maintenance
and service and things like that.
We'll get on to hybrids in a moment.
First of all, Rivian CEO RJ Scarridge
has been talking to the plug-in podcast
from Inside EVs,
saying that the main competitive risk
from China is technology,
not just the low prices
and the prices can be very low, by the way.
He said companies should plan for that
and design their technology around it.
What's alarming, he said,
is if you are looking at the whole industry,
the technology is much better.
If I was an existing manufacturer,
I'd get less hung up on the low cost of Chinese cars
and more focused on the cars being better.
China's capabilities include deployments
such as BYDs, megawatt charging,
that's a five-minute charge.
Scarridge expects price gaps to narrow,
as Chinese brands expand outside of China.
One or two things are going to happen, he says.
Either we'll put tariffs in place to make the cost equal
or we'll allow Chinese manufacturers to build in the US.
He reckons, in both cases,
the cost will be essentially equal.
Isn't that interesting?
He said that China's lower costs
come from domestic factors,
so factory incentives,
low borrowing costs,
low labor rates,
not necessarily anything being particularly easier
to manufacture in China.
There's no magic wand that they've been able to weigh
if happening in China,
but the costs are lower
and you have a whole series of things
that lead to an overall lower cost base, he says,
but as the OEMs in China have to expand outside of China
to carry on expanding at the rate they are,
that price edge is shrinking.
Yeah, we see that over here
with some of the Chinese cars in Europe.
They can be double and more of the Chinese price.
Now, here's a brand, two brands coming out of China.
JQ and Omoda,
their sister branded in really well.
The JQ7SHS Super Hybrid System
is the UK's best-selling plug-in hybrid
last month in August,
according to the Society of Motor Manufacturers and Traders.
Data coming out from them
say that JQ and the sister brand Omoda
took a 3% market share in August.
That's of the entire market, by the way.
The JQ7SHS Super Hybrid System
is £35,000.
The Super Hybrid System,
here comes from Cherry Group's 3rd Gen Hybrid Technology.
They say adapt it for the UK
to combine petrol and an EV experience.
Despite the name, I'm not sure it's that super.
This could just be my British sensibility
of when somebody tells me something is amazing
and I must like it.
It's my natural instinct to push back against it
and go, no, no, tell me why.
Well, the Chinese have arrived here with that Super Hybrid System
which it says better.
They've invented a whole new way
of doing hybrid technology
that nobody else has ever thought of.
They've put a plug on the side of it
and an 18 kilowatt battery,
an 18 kilowatt-hour battery inside.
So far, not that super.
So I asked AI.
I'm playing with Gemini,
which is Google's AI.
So I asked AI what makes it super
and they said according to the manufacturer
it becomes a super hybrid system
that has invented a way of keeping the state of charge
very high,
which allows you access to the electricity
in the battery when you need it.
That just means that you're running on petrol
if you're not running on the battery.
Still doesn't sound very super.
You're just driving a petrol car now
and carrying around a battery.
They say that their Super Hybrid System
is cleverly engineered in a way
that maintains a high state of charge
and it will in effect
operate more like a mild hybrid,
keeping more electricity on tap
were you to need it.
So now you've just invented
the Prius,
20 years too late.
This could be good technology
and I see a ton of them flying around
and I bet the owners are happy with them
because they're nice cars
and they're pretty cheap as well.
They look alright.
18.3 kilowatt-hour battery.
They say it's super because it DC fast charges.
Yeah, loads of plug-in hybrids
now DC fast charge.
I said the battery is bigger than other DC
charging EVs.
Well, no, not really.
Like the Zika 9X has a 70 kilowatt-hour battery.
Okay, let's bring it down a bit.
The Skoda Kodiak has a 25.7 kilowatt-hour battery.
In fact, all the group,
Volkswagen, plug-in hybrids,
the next generation,
are really big batteries.
BMW's X5 X-Drive is 32 kilowatt-hour.
The new Golf Passat,
Skoda Superb,
they're all about 20 kilowatt-hours.
So there's nothing special
about the Super Hybrid System.
It's just a plug-in hybrid,
selling really well over here.
Oh gosh, does that count as a rant?
Let me do rants, do I?
The smaller JQ5 is available to order.
They're 24,500 pounds
and it's base specification.
Delivery's beginning in October.
And the JQ E5,
the Pure EV version,
starts at 27,000 pounds.
That's very interesting.
We'll be watching that one
when it starts to be delivered.
Now, UK EV share is rising,
and electric vans are doubling.
I told you recently,
on the podcast, maybe yesterday,
the battery electric vehicles
took a 26.5% share of new
UK car registrations
in the month of August.
Electric van demand
is also up.
We don't have pickup trucks
and utes.
Well, I mean physically,
I guess technically,
we have them on sale.
No one drives them.
Everyone drives a van
if you want to move stuff around.
Electric vans demanded
doubled last month in August
compared to August of last year,
which is great news.
August's EV share was the highest so far this year,
the fourth highest on record.
But what about those van sales?
Well, the best month yet this year,
the overall trend is positive
across all segments,
a 110% year-on-year increase
in demand for electric vans.
That is brilliant, isn't it?
It's just more entering the market
and I think more people are working out
how they can use,
how they can fit an electric van
into their business
or into whatever they're doing.
Unless it's mega, mega miles,
unless you're delivering stuff
from one end of the country
to another on the motorways,
they're not, I suppose,
of course you can do it with EV,
but a business might think,
we're not sure how we can
possibly manage that yet
and stick with combustion.
Very doable.
Let's move on
and talking of adding
a bit of range with combustion.
Horse powertrain,
the Geely Renault Joint Venture
is showing the horse C-15.
This is a compact range extender
that will retrofit
into a battery-electric platform.
So if you're running a car company
and you're thinking,
oh, everyone keeps telling me
that no one's buying EVs anymore,
well, you'd be wrong.
But maybe I need to get in
on this E-rev hype train
that's going on at the minute.
Well then,
horse powertrain will sell you
a tiny little teeny-weeny engine
that will fit inside a suitcase
inside your existing platform.
Horse powertrain
calls it an ultra-compact range-extended system,
integrating the motor generator,
cooling and inverter
in one unit,
which will transform a bev
into an E-rev
with minimal modification.
Sounds to me like you're making the vehicle
a lot, lot worse
by having to burn stuff
every time you go for a drive.
But I'll pop the details in the show notes
if you'd like to see a picture.
And finally,
next time you refill your EV
and go for a charge,
do you want to pay with crypto?
No, I'm not sure I do.
But blink charging
said last Thursday.
It will add cryptocurrency
to its charging network
by the end of this year.
The EV drivers will be able to pay
for charging sessions
using digital currencies
through the blink charging app.
The EV community
or a group of early adopters
says the CTO
in a press release.
EV drivers propel innovation
and embrace the future
before it becomes the norm.
And we're excited to serve
the community.
Yeah, it didn't Tesla accept crypto
for a while
and they'd bin that off pretty quickly.
They got the headlines
and then binned it.
Blink says it will expand
its crypto strategy
with more details
next year.
I don't know, maybe they'll get the headlines
and bin off this idea.
I mean, I'm not particularly
popping down
from four pints of milk
and paying with crypto,
but maybe we all will do one day.
Let's wait and see.
That's your podcast for today.
Thanks for listening
and thanks for supporting the podcast
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or just stop by.
Granger, for the ones who get it done.
If you're the purchasing manager
at a manufacturing plant,
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That's why hands down,
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About this episode
Ford's EV sales continue to soar, with significant growth in August, driven by models like the Mustang Mach-E and F-150 Lightning. Meanwhile, Canada pauses its EV mandate to help local manufacturers amidst US tariffs. Genesis announces its first extended range electric vehicle, the GV70 EREV, set to debut next December. The episode also discusses the rising demand for electric vans in the UK and the potential for cryptocurrency payments at charging stations. Insights from Rivian's CEO highlight the competitive landscape with Chinese automakers.