Global EV Charging Grows, BMW Kicks Off Gen6 Motors and US EV Sales Ahead Of Tax Credit Sunset | 21 Aug 2025

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Welcome back to EV News Daily.

Coming up today, global EV charging grows.

BMW kicks off their Gen 6 motors

and US EV sales ahead of the tax credit sunset.

Plus, stay tuned.

Later in the show, I'll tell you which feature Tesla

has returned to its Model 3

after removing it two years ago.

Well, good morning, good afternoon and good evening.

Wherever you are in the world, welcome to EV News Daily,

your trusted source of EV information

for Thursday 21st of August.

I'm Martin Lee and I go through every EV story

so you don't have to.

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You can be like them by clicking on that link

that you'll see just there, just there in the show notes.

Right, let's kick off with the news.

A global EV charging port set for rapid growth.

Wood McKenzie's recent EV charging infrastructure forecast

says global charging ports will grow

at a 12.3% compound annual growth rate, CAGR,

from 2026 to 2040,

reaching 206.6 million ports worldwide.

Residential charging will lead the growth

expected to hit 133 million residential ports by 2040.

To reach this, yearly investment

in EV charging infrastructure needs to rise

at an 8% CAGR reaching $300 billion per year by 2040.

In Asia-Pacific, China will stay ahead

in public charging networks, they say.

The region will have about 10% year-over-year growth

in DC charging.

India is becoming a new major market though,

with policies and EV market growth

expected to increase DC fast charges from 14,000 now

to 1.1 million in 2040.

European public charging will grow

at an annual growth rate of 11.3% through to 2040,

with DC charger rollout leading the way.

In Saudi Arabia, public DC charging,

they say will grow at 30% every single year.

Across Europe, Middle East and Africa,

yearly spending should reach $14 billion

for public charging and $30 billion a year

for residential charging by 2040.

All right, I know what you're thinking.

This is 15 years away.

No one's gonna come back then and ask the authors

of this study, did you get it right

or did you get it wrong?

It's to an extent sticking their finger in the air

to see which way the wind is blowing.

But I think the takeaway from that

is that looking at all of the various data points

around the world, we shouldn't be worried

that investment in EV charging is tapering off.

It's anything, it's increasing.

And also the home charging, residential charging

leading the growth, I think is really important

because you don't need reminding.

I don't need to remind you of this.

But whilst all of the attention and the fuss

and the focus goes on DC fast charging

and probably rightly so,

because it's quick and it's sexy

and it's fast and you're road tripping

and the kids are irritable

and you wanna get moving again,

or you know, if you're DC charging,

it's gotta work and it's gotta be quick

and you wanna get moving again.

Let's be honest, all of the juice comes overnight.

Whenever your car isn't moving.

During the day, if you live in a sunny climate

or if your car is parked at work,

like most of the time our vehicles don't move

and if the wheels ain't turning,

then it should be charging slowly.

That is my motto.

Well, I mean, there's not officially a motto.

I mean, we could stick it on a T-shirt

but that's already been reserved

for there's no such thing as a self-charging hybrid.

Let's move on.

BMW has started mass producing

its sixth generation EV motor

at its powertrain facility in Austria.

The new Gen 6e motor will improve vehicle efficiency

by 20% on the new-classer platform.

It's an electrically excited synchronous motor

that sits above the rear axle in a single module

that includes all the power electronics and transmission.

The new inverter in the Gen 6 motor

uses silicon carbide semiconductors

rather than standard silicon.

BMW says this change makes the inverter smaller,

lighter, more efficient and more powerful.

Other upgrades to the EV powertrain,

bringing measurable gains

include all the various parts

that they're putting together.

More efficient, more range, less expensive for them to make.

Energy losses cut by 40%, costs down by 20%,

weight down by 10%.

The first vehicle is the IX3.

I think it's gonna be the IX3 50X drive.

We should see it launching next month.

And BMW investing, I think they're on an investment path

of something like a billion euros

on their EV drive development from 2022 to 2030,

at least last time I checked.

Now, US EV sales are surging ahead

of the sunsetting of the EV tax credit.

So yeah, short-term gain, certainly long-term,

we don't know what the EV tax credit going away will do.

I can tell you that here,

we've not had incentives for a very, very long time.

They're just coming back.

They're trickling in the UK

and through that period of no incentives,

we became Europe's leader in EV market share.

Oh, market sales, right, market share is obviously Norway.

But in terms of volume, so we overtook Germany

and we had, apart from the van grant,

not a penny given away.

So look, it can work.

I know there's lots of doom and gloom

around the US market right now.

Understandably so, let me be here to reassure you

that look, it can work without subsidies.

Admittedly, it's frustrating that the tax credit

is going, that the used EV tax credit is going.

EV sales are rising though.

In July, they rose sharply in the United States

as customers are hurrying to use up

the federal tax credits before they end.

September 30th, it has to be a done deal.

The car has to be in your driveway, so to speak,

by September 30th, close of business.

Automakers are taking advantage to clear out inventory.

Hyundai saw a 50% jump in EV sales

compared to the same month, July last year.

Toyota and Lexus together sold 90,000 electrified

vehicles, careful with that one.

General Motors had a record high

of their electrified fleet in July.

That's 19,000 EVs sold.

Industry analysts predict automakers

will lower EV production to match falling demand,

especially as federal officials

look to ease emissions requirements.

Like I say, there's been a negativity

around EVs in the US.

And I'm kind of here to say

from the European perspective, just hold fire.

Now, okay, I think that over the long term,

maybe the US will have some catching up to do.

Maybe different administrations, different politics

over the next five, 10, 15, 20 years.

This move to EV is bigger than a single political party

or whoever has his or her bottom in the White House.

Big chair, this is a move to electric mobility

that is bigger than all of us.

And so, and it's bigger than politics as well.

It's just to do with the speed of how it happens.

Stellantis, say they've already cut production

on some of their models

and dealers are not ordering as many.

Despite these changes,

car makers are still committed to EVs in the long term.

Of course, well, they have to be

because EVs are the long term.

Now, the UK's new car grant, as I mentioned a moment ago,

has caused a big jump,

but it's a big jump in interest for EVs.

AutoTrader data shows notable increases in the ad views

for the cars that are eligible,

the Renault Scenic E-Tex ad views were up by 47%,

Renault 4 up by 20% interest,

Mocha from Vauxhall slash Opel,

if it's not in the UK, 18% increase,

Citroen models seeing a higher interest,

EC3, also the EC5 Aircross.

Some car makers adding extra discounts,

Leap Motor has cut 3,750 pounds from the big one,

the C10, that's the SUV

and 1,500 quid off the T03.

The cheapest car in the UK now to buy a new EV

is the Leap Motor T03,

but also I did see some stellar deals

on the Dacia Spring too,

but Leap Motor ad views are up 124% on AutoTrader.

GWM Great Wall Motor on its Aura 0-3,

seeing increased interest,

MG stayed on top for EV interest,

the MGS5 had its highest demand for EV ad views

if you like ad impressions,

Škoda L-Rock and Renault 5 E-Tex also up there.

Now, let's talk Xiaomi.

Xiaomi is coming to Europe.

All of five minutes ago,

they were making gadgets and mobile phones,

and they still are by the way,

because their car business still loses money.

However, they will bring their vehicles to Europe

and it won't be this year and it won't be next year,

but they say 2027,

Xiaomi plans to launch their first EV in Europe in,

well, by 2027, according to the president, Lu Wei Bing.

This comes after a 31% increase in quarterly revenue.

Xiaomi is joining other Chinese companies like BYD

in coming to Europe.

Xiaomi aims to be one of the first

and one of the world's top five automakers as well.

Current production limits mean customers are waiting

for over a year for the crossover SUV, the YU7,

and many people saying, look, they're a phone maker.

How have they done what Apple couldn't do?

Apple had their car project in development in secret

for years and years and years and in the end,

knocked it on the head,

a bit like the old Dyson project.

I imagine they found how expensive it was gonna be.

And also, getting into the car business

is not without its risks, is it?

I mean, there's regulations and people can,

you know, hurt themselves and they need servicing.

I just think it's easier to sell a shiny little piece

of glass, iPad phone, tablet thing,

headphones that are all very sexy and high tech.

If I was Apple,

I'm not sure I would have rushed into making an EV,

but it's worked for Xiaomi, by the way.

Losses at the EV division dropped

to about 300 million yuan in the quarter

just gone, Xiaomi says its auto business

will become profitable in the second half of next year,

which is just incredible, isn't it?

That YU7 is the SUV and they're massively increasing

production of that to try and meet.

Customer demand in China.

All right, let's take a break.

We just hit our 10 minute mark.

We'll come back, we'll talk about Rivian,

Mercedes-Benz and EV Insurance.

Stick around, back in the mo.

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that helps you find the right product, fast and hassle-free.

And you know that when the first problem of the day

is a clanking blower motor,

there's no need to break a sweat.

With Granger's easy-to-use website and product details,

you're confident you'll soon have everything humming right along.

Call 1-800-GRANGER, click Granger.com or just stop by.

Granger, for the ones who get it done.

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You're paying for gifts, travel, decorations, food,

and before you know it,

you've blown way past what you were planning to spend.

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Okie dokie karaoke, let's get back into it.

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Now let's talk Rivian is moving ahead

with building its $5 billion Evie factory in Georgia

to produce its new R2 crossover model.

Workers are preparing the 2,000 acre site

by grading land and installing utilities.

Building construction will start next year

and vehicle production beginning 2028.

And now it's in 2021 the plant face delays

and changes because of cost controls

but it's still key to Rivian's long-term plans.

State and local governments have approved

a $1.5 billion incentive package

tied to construction and hiring goals.

A $6.6 billion federal loan,

not free money, it will be a loan

expected to be fully approved

provides more support after the building starts.

Rivian has planned two local events

a community celebration on September 14th

and an official groundbreaking on September 16th

which will be a closed doors private affair

with state officials.

Not surprising there has been some pushback on that factory

and I don't think you'd want your grand opening

to protesters or people who are fighting against it

in the courts.

Now let's move on China is expanding

its battery swapping free Vs.

NIO has over 3,000 swap stations in China

standing out from rivals who mostly

want to use DC fast charging.

CATL the world's biggest battery maker

is joining them though

and they are investing heavily in battery swapping.

This year CATL plans to build a thousand

swap stations for its passenger vehicles in China

and they want 10,000 in the next three years.

CATL is also working on battery swapping

for heavy duty commercial vehicles.

In addition to the fast charging network

central government in China is working

to improve battery swapping since March

the Shanghai government has been offering

subsidies covering up to 40% of spending

on battery swapping.

CATL's battery swapping division lead

Yang Jun saying the industry needs

standard equipment as it grows and it's

entering uncharted waters.

CATL estimates China will need about 30,000

swap stations versus 100,000 petrol

stations. This month CATL announced a deal

with a car rental company and the

financial leasing company CMB to put

100,000 cars with swappable batteries

into service. It's fascinating how

battery swapping is a massive deal

but only in China where they've really got

behind it. This year CATL is building

300 swap stations for heavy duty trucks

working with the state-owned oil company

Cynopec. Their long-term goal is to cover

almost 100,000 miles on major freight

routes. Okay, Mercedes-Benz is rolling

out its E Actros 600 as it expands

across Europe. It's now using over 15

European countries. Long-haul electric

trucking is not only a thing, it's

becoming so much more popular and no

one's talking about it. Well, very few

people are talking about. I'm really

excited about it. The Mercedes-Benz

E Actros 600 is one of those trucks

that's being used for long-haul and

specialised transport. In the second

quarter of 2025 Mercedes-Benz trucks

became the leader in Europe's zero

emission heavy-duty vehicle

market. Deliveries to customers started

back in December last year. The E

Actros 600 was tested in real

logistics settings and during the

European testing tour covering 15,000

kilometres or about 10,000 miles

through 22 countries. They've been

in cold weather testing as well,

towing 40 tonnes. The E Actros 600

is the international truck of the

year. This year, according to

224, commercial vehicle journalists

from across Europe. Now, new figures

for EV insurance shows from

Consumer Intelligence, UK

EV insurance options are growing. Last

year, 11 new EV insurance products

launched on the market in a major

price comparison site survey. Only

three of four new products were

added for petrol, diesel or

hybrid. EV insurance premiums are

also falling because repair networks

are expanding. So, EVs are fixed

faster and at better costs. Also,

better claims data has shown that

EV drivers now have a risk profile

similar to anything else from petrol

or diesel. As a result, insurers have

cut EV insurance prices by almost

20% here in the United Kingdom. This

push to be more competitive has

paid off for some insurers. One

provider gave a 40% more EV quotes

figure and increased its share of top

five price comparison rankings by

12%. EV insurance prices are still high

compared to some regular cars. EV

repairs and battery systems can be more

expensive and parts can be an issue.

We're getting over that supply chain

mess that we were in a little while

ago, but I did notice before I sold

my MG ZS EV that the insurance was

creeping up and up on that on quite

a cheap vehicle. Significantly

more than my Polestar and as a

data point, I've mentioned it a couple

of times before. We went shopping for

a Tesla, came home with the Polestar,

but we went shopping for a Tesla and

one of the things that I had to factor

in was my insurance was going to be a

thousand pounds a year on a Tesla

on the long range Model 3

and all wheel drive and

my insurance is half the price of

that on a Polestar for a very

similar vehicle certainly in terms of

sticker price exactly the same cost

but whether that is insurance whether it's

the profile of Polestar drivers whether

it's parts whether it's Tesla parts

and costs I don't know maybe just

more data on on Tesla's being

more expensive to fix I don't know

like over the two three years that

we typically keep a vehicle I mean

that can add up it wouldn't have

stopped me buying them I bought the

Polestar for different reasons but I

thought it was interesting. Now let's

talk about a big utility

vehicle the MG

U9

now it will be coming

this ute to Australian

showrooms by the end of the year they

say November and it will

distinguish itself from lookalike vehicles

things like the LDV

Terron 9

the MG will come with multi-link

independent rear suspension rather than a

solid rear axle and leaf springs the

change aims to make the ride smoother

but they still want a break to towing capacity

of

three and a half thousand kilograms

and the one ton payload

the MG U9

has its new front grille body colored

lower front bumper new wheels new

redesigned center console as well so it looks

different from the Terron 9

from LDV among new utility

vehicles in Australia few offering

independent multi-link rear suspension

the BYD

Shark 6 that's a plug-in hybrid

that's another example though and I

suppose MG want to offer this as a comfortable

ute

but they still want all of the

usefulness towing and payload and stuff

like that now Massachusetts

department of environmental

protection is going to distribute

46 million dollars for more EV charging

stations in the state of the total

16 million dollars will go

to grants for new EV charging stations

at workplaces apartments

college campuses and public locations

the other 30 million dollars will fund

grants for building charging infrastructure for

medium and heavy duty vehicles these grants

will help build charging hubs on

secondary corridors in western

and central Massachusetts the state

says the money will support both expanded

existing programs and new

opportunities funds will be allocated

based on guidelines

from the electric vehicle infrastructure

coordinating council assessment

the goal is to ensure

new charging stations fit the needs

identified in the

assessment since August 2023

the state's increased number of EV charging stations

by over 50 percent by the way

here in the UK Arnold

Clark the dealer network

has opened its ultra rapid charging

network to the wider

public adding over 50 new locations

across the UK from Southampton

to Aberdeen Arnold Clark

charge is what it's called

offers one of the cheapest ultra

rapid rates by the way if you're passing one of their dealerships

55 pence per kilowatt

hour now I know that's more expensive than

you'll pay overnight that seven pence

but the national average is 76 pence

a unit by the way on DC

fast charging the network includes

pre bookable bays reserved

through the Arnold Clark app

you can get pay him pay and go bays

as well charges are mostly

Arnold Clark retail sites

in cities and out of town areas

near a roads and motorways it's

150 kilowatt DC charging

and that cheap rate is if you book it

through the Arnold Clark app

interesting stuff isn't it now

China's EV subsidies

money has been handed out

over the last 10 years

and report coming out today which shows

where the money went

so from 2016 or so

China gave out almost

202

203 million

US dollars equivalent

in subsidies to

EV vehicles

over the four year period 2016 to

2020 to boost electric mobility

and work towards carbon neutrality

goals so who got

most of the money well

BAIC

BJ EV

which is part of BAIC group

got the majority

of the money according to the ministry

of industry and information technology

other car makers got much

much less BYD

cherry Tesla all got some

but not as much at first the incentives

covered things like battery electric vehicles

plug-in hybrids and the subsidy amount

depended on the vehicles type and range

back in 2016 the EV

market in China was wildly

different

battery electric passenger cars

were being given between about three and a half

and seven and a half

US thousand US dollars

equivalent subsidies

over time these direct subsidies

were all replaced though with

tax breaks just a different way of

subsidizing

electric mobility

and finally

talking of China this one's only in China

for now but I think the rest of us will get it very

soon Tesla

has brought back

the turn signal for the Model 3

and yes you do have to pay for it

this has been confirmed on Tesla's website

in China the move reverses

the design change from two years ago when

Tesla replaced the stock with buttons

many people say look the buttons are fine

you know motorbike riders

being like yeah buttons are okay

we get by with it yeah I know

but also you don't turn your handlebars on a motorbike

by 180 degrees

to you when you're going round a roundabout

and also roundabouts

much more common here in the UK

and you really should be signaling

which way you're going and when you intend to exit

the roundabout for other road users

for flow of traffic and stuff like that

and although you do get used to it

it's one of the reasons as well that I don't think

we would have one in my household

because my wife well she drives cars to get

places and she doesn't want to have to a new learning curve

and so

that would probably rule it out

I mean she would get used to it but she wouldn't

like it

Model 3 owners in China now get a retrofit

package

with the turn signal

stock so Tesla took it away

and then charged you to have it back

it's 350 US dollars

to an half thousand you want

they took it away in September 2023

with the Model 3 redesign

with the

signals moving to the steering wheel buttons

and the shifting gear selection

and wiper controls going on the central touchscreen

when Tesla launched the Model Y

in China

the turn signal stock

stayed but the gear selection

moved to the touchscreen and now if you really want it back

well you can pay to have it

back

you can imagine the internet is rather

up in arms about this

I would say that the overall

tone of the

news articles about this story

is pretty much like you know

Tesla does a U-turn

Tesla caves in Tesla admits it made a mistake

well I mean

they're also charging you for the privilege

they're making more money out of it so you know

it's not an entirely stupid thing to do

because they're making a bit more cash per car sold

right I don't know

thanks to our premium partners of the podcast

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supporters, individuals

and awesome companies that get this show to you

and spread the word about electric mobility

thanks to Porsche of the village in Cincinnati

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and Volvo cars of Cincinnati East

national car charging

on the US mainland and the Locha Charge in Hawaii

and Octopus Electroverse

global public charging made simple

with one app and one map have a good in cinema

and remember there's no such thing

as a self charging hybrid

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having a trusted partner makes all

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or just stop by Granger

for the ones who get it done

okay does this happen to anybody else

you sit down with a juicy qpc

some mcnuggets

and those golden fries from McDonald's

then you take a long

sip of your sprite because you can still

hear your mama saying don't fill up on

that drink before you eat your food

but you're grown now so you do what you want

share and share alike

with the 20 piece mcnuggets from McDonald's

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only price and participation may vary

cannot be combined with any other offer

ba da ba ba ba

Reggie I just

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wait you did yep

on Carvana just put in the license

plate answered a few questions got an

offer in minutes easier than setting up

that new digital picture frame

don't say yeah they're even picking it up

tomorrow talk about fast wow

way to go so

about that picture frame I forget about it

until Carvana makes one I'm not

interesting car selling made easy

on

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my place in tech changes every day

but I don't fear the future because

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yourself

Global EV Charging Grows, BMW Kicks Off Gen6 Motors and US EV Sales Ahead Of Tax Credit Sunset | 21 Aug 2025

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Dodge Charger

6e

iX3 (G08)

Renault 4

Citroën ë-C3

Chevrolet C10

T3 Leap Motor T03

Dacia Spring

Rivian R2

Subaru Uncharted

Tesla Model 3

Byd Shark 6

Tesla Model Y

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