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02:22
Welcome back to EV News Daily.
02:30
Coming up today, Porsche refocuses their EV battery strategy.
02:34
The EV tax credit expiring is a good thing for sales
02:38
and China reaches 16.7 million EV charges.
02:42
Plus, stay tuned later in the show
02:43
to tell you which futuristic technology is being considered
02:47
to automate electric truck charging.
02:50
Well, good morning, good afternoon, good evening.
02:51
Wherever you are in the world, welcome to EV News Daily,
02:54
your trusted source of EV information.
02:56
For the weekend, Saturday 30th of August, I'm Martin Lee.
02:59
I go through every EV story, so you don't have to.
03:02
Patreon supporters get the show's ad free,
03:04
fund this podcast, and be part of the EV News Daily community.
03:08
On Patreon, click on the link in the show notes
03:10
to find out more information.
03:11
Now, Porsche has changed its EV battery plans,
03:14
shifting focus from large-scale manufacturing
03:17
to advanced battery research.
03:20
Salesforce was Porsche's battery subsidiary,
03:23
once responsible for both developing and mass producing
03:26
the advanced cells they were going to use.
03:28
Now, Salesforce will focus only on R&D as an independent company,
03:32
providing technical expertise to both Porsche
03:34
and the VW Group as a group itself.
03:37
Volkswagen's battery division, PowerCo,
03:40
will hire Salesforce to develop their batteries.
03:43
Originally, Porsche was going to build
03:46
their own production site, a startup factory
03:49
with a one gigawatt-hour capacity,
03:51
and expand that to more sites as well.
03:53
This manufacturing expansion has been dropped
03:55
now in favor of just researching high-tech cells.
04:00
CellForce's research will also support V4Smart.
04:04
That's a German company making ultra-high-performance
04:08
round format cylindrical lithium-ion cells
04:14
for, well, I'm sure you can imagine,
04:16
cells in not only Porsche Puree Vs,
04:19
but Porsche plug-in hybrids and anything else
04:22
that needs to do with very high-performance cars.
04:25
With 37 days left before the end of the federal tax credit,
04:29
7.5 grand new for grand used,
04:33
September 30th is when it all ends,
04:36
dealerships are seeing a big spike in customer activity.
04:40
Dealer foot traffic is up by up to 30%
04:44
Now, back in July, new EV sales were up 26%
04:47
month-on-month and 20% year-on-year.
04:50
July's been a stellar month for those selling
04:52
electric vehicles in the United States.
04:55
Used EV sales haven't missed out on the trend.
04:58
23% up, June to July,
05:01
and 40% up from July last year to this year.
05:04
Dealers focused on EVs have about
05:08
two weeks left to buy, recondition,
05:10
and sell any inventory vehicles
05:12
whilst this demand is very high.
05:14
After that, there is a risk they'll be stuck with
05:17
too much stock because on October 1st,
05:20
there will certainly be, well,
05:22
there'll just be less EV sold on that day.
05:24
It won't harm the EV industry long-term in the US,
05:27
but short-term, no doubt about it.
05:30
They'll be coming into the office on the 1st of October
05:33
and it won't be quite as hectic.
05:35
Leasing is a major factor in EV sales.
05:38
Stone Eagle reporting the average new lease deals
05:42
per dealer in July was up 12%.
05:45
20% of the leases were for EVs as well.
05:48
Alongside that is aggressive marketing
05:51
and very attractive finance offers,
05:53
helping EVs move ever more quickly.
05:56
CDK Global's director of marketing, David Thomas,
05:59
saying Q4 is already distorted by the pull-forward demand
06:02
and the real test will come in January 2026
06:06
when they reset the clock.
06:08
EV market share in the US,
06:10
it's going to settle somewhere around 10%.
06:13
More affordable new EVs are entering the market as well.
06:16
The current quarter is urgent because of the expiring credits.
06:20
I'm sure you know already,
06:22
but if you know somebody who is thinking of going EV,
06:25
they might not know that their clock is ticking
06:27
just over a month to go now,
06:29
then maybe give them a nudge.
06:31
Let's move on. China is next in the news.
06:33
By the end of July, just gone,
06:35
China had 16.7 million charging points.
06:39
That's up 53% from the same time last year.
06:42
The National Energy Administration director, Wang Hongxi,
06:47
said that there are now two charging points
06:49
for every five vehicles in the country.
06:51
How many have they added this year?
06:54
You may be wondering.
06:56
Well, they've added 3.878 million charging units
07:02
That is up 93% same time last year.
07:05
Private charging has been rising at a rip as well.
07:08
Public charging rising hugely.
07:11
Most public charging stations are controlled
07:13
by just a few companies in China, if you're wondering.
07:15
The top 15 operators manage over 84%
07:18
of China's public charging points
07:23
So it is really in the hands of a few.
07:25
Well, I say a few. The top 15.
07:27
Really major new energy vehicle manufacturers,
07:29
the likes of Neo, Li, Tesla,
07:31
are also building their own charging networks out as well.
07:34
GM's next in the news.
07:36
GM expanded TV charging adapter options.
07:39
General Motors is adding four new charging adapters
07:42
as it shifts to the J3400 standard,
07:46
otherwise known as NACS, North American Charging Standard.
07:49
That was originally the Tesla plug
07:51
before it became an open standard.
07:53
This change starts with new models
07:55
beginning with the 2026 model year,
07:58
Cadillac OPTIQ. That's the compact crossover.
08:01
For now, GM electric vehicles have the CCS-1 inlet.
08:05
GM also announcing that the Bolts
08:07
will have built in J3400.
08:09
Last year, GM released their adapter for $275.
08:14
So any of the drivers could go use Tesla Superchargers
08:18
once the network opened up.
08:20
Now that adapter stays on sale,
08:22
but brace yourself,
08:24
because there's four new adapters available next month.
08:27
They are an adapter that lets EVs with a NACS port,
08:32
so all the new ones basically,
08:34
use the old level twos.
08:36
That's $67 bargain.
08:38
There's an adapter that lets an EV with a NACS port
08:42
use GM's PowerShift level two chargers at home.
08:49
An adapter that lets EVs with J3400 standard
08:51
use CCS DC fast chargers
08:55
and be bidirectional if you have PowerShift at home.
08:58
And the most expensive one is an adapter that lets EVs
09:02
with the old CCS-1 inlet
09:04
use level two J3400 at home.
09:09
Lots of people head scratch and go,
09:12
well, the socket looks the same.
09:14
It just plug it in.
09:15
Surely why is AC and DC charging
09:17
working differently on the Tesla plug,
09:19
J3400, and that's one of the anomalies.
09:23
AC and DC work differently if you're using that plug
09:28
And I've mentioned it a few times.
09:30
Normally on the Friday podcast that I do
09:33
with the gang called Batteries Included,
09:35
and I've not been on for a few weeks
09:37
because it's been some holidays
09:38
and I have to do childcare.
09:39
But I've said this a few times.
09:41
Maybe here as well,
09:42
North America is going to be living in
09:45
adapter hell for a long time.
09:47
Now, does that mean that we shouldn't have,
09:49
we say we, the rural we,
09:51
that you shouldn't have made the jump
09:54
to standardize J3400?
09:56
Like that Tesla plug is smaller,
09:58
more compact, more elegant, lighter,
10:02
Of course, it's a far better connector in many ways.
10:06
But boy, boy, I mean, what a shame
10:09
that there's so much hardware in the ground
10:12
that's all CCS-1 and some Chatham-O as well.
10:16
So yeah, we're going to be living in adapter hell
10:19
for a very long time.
10:20
Because either way, whether you have an old CCS car
10:22
or a new J3400 car, I mean,
10:25
until all the charging networks change all the plugs
10:28
and they won't, they'll just be dual-heading them.
10:30
So they'll just be one piece of hardware
10:32
and two cables and the two plugs.
10:34
Oh, man, we should have made the change.
10:37
I'm not arguing against it.
10:38
It's just, it's going to be a faff, isn't it?
10:42
All right, let's move on.
10:43
Huawei and SAIC, the big Chinese car maker,
10:48
received 50,000 orders for their new EV,
10:53
And this is less than 18 hours of opening.
10:57
We've seen this a few times, I've reported on it.
10:59
These new Chinese cars come to the market.
11:01
They either put a refreshed one or a new one on sale.
11:04
And there's so much pent-up demand
11:06
for some of these cars, 50,000 pre-orders.
11:09
So the vehicle brand is the Changi brand.
11:13
It's a mid-size crossover.
11:15
And it's cheap because they all are 23,000 US equivalent.
11:20
But the deposit's refundable.
11:23
So, you know, 50,000 people, but you can get your money back.
11:27
The H5 is built with Huawei's latest advanced driving system.
11:31
It runs on their Harmony operating system,
11:34
their alternative to Google's Android.
11:36
It comes with both all-electric and EREX,
11:38
extended range hybrid versions,
11:41
407 miles on a charge right up against,
11:45
you would say, Tesla's standard range Model Y,
11:48
which will do 369 miles, which is a bit less,
11:51
but cost an awful lot more money, like 100,000 RMB more.
11:56
Now, let's move on and talk about vehicle to grid.
12:00
I mean, this has got to work somewhere.
12:02
Trials have been happening for 10 years.
12:04
It has been used in anger.
12:06
It is being used in some places.
12:08
Vehicle to home is one thing.
12:10
Being able to shut off your home supply to the grid
12:14
when, you know, you need to either save money
12:18
or you got solar panels and you got a home battery and stuff,
12:22
or there's a fault and you don't want to send electricity
12:25
back down the line to the girls and guys fixing it for safety.
12:30
But vehicle to home is one thing, but it's a solved problem.
12:34
Vehicle to grid is also a solved problem in some ways,
12:38
but it does involve tying up more stakeholders,
12:41
car drivers themselves, car makers themselves,
12:44
the energy companies themselves,
12:47
which until now never had to worry about automotive
12:51
and many others as well.
12:53
And there's lots of companies that sit in layers
12:55
in between all of that to make everything talk to each other.
12:58
There's no easy standard, right?
13:01
Like, I don't know, Wi-Fi, like that's a standard,
13:04
you know, buy a phone and go,
13:06
what does it come with, you know, Wi-Fi or Woo-Fi?
13:09
That's not like VHS and Betamax.
13:11
So, yeah, Wi-Fi just works.
13:13
Like you buy a phone or a computer
13:15
and you know how it'll connect to the internet.
13:17
That's not the same in vehicle to grid.
13:20
It's being worked out in multiple ways,
13:22
many ways around the world.
13:24
Now in China, a new resident,
13:27
well, not a new resident, but a resident,
13:30
he lives in Guangzhou, his name is Chen,
13:33
and he earns about $28 a day by parking his EV
13:37
and sending electricity to the grid when it's needed.
13:40
He's the subject of this article that I found today online
13:44
talking about how vehicle to grid is up and running in China,
13:47
owners buy electricity at low prices,
13:50
off peak overnight, typically,
13:52
and sell it back to the grid at times when demand is higher.
13:55
It's a pilot service, still,
13:57
being run by the Guangzhou Power Supply Bureau
14:00
and Chinese Automaker GAC Group right now.
14:02
It's available to EV owners in the Guangdong province
14:05
with GAC vehicles, so it's not open to everyone.
14:08
There are about 3 million EVs in that province,
14:10
each with an average battery capacity,
14:12
I think about 65 kilowatt hours,
14:14
and then all GAC vehicles, of course.
14:17
And so, you know, if you've got a lot of energy stored
14:19
that you're not using, then you might as well sell it back
14:22
to the grid and make a little bit of money here
14:24
and a little bit of money there.
14:26
But wow, this one use case they pointed out,
14:28
$28 a day, that's not just a small change.
14:31
Is it? It all adds up. Really interesting.
14:33
Let's hope those pilot schemes that are happening
14:35
around the world, this new one in China
14:37
that I was reading about, go a little bit further.
14:39
We'll take a break, we'll come back.
14:41
We'll talk about Rivian, C.O.R.J. Scarridge
14:43
getting some stuff off his chest.
14:45
How much you get paid for driving your EV
14:47
as a company car is changing, actually, for the better.
14:50
And we'll go to Spain for some charging news as well.
14:53
Stick around, back in a mo.
14:56
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Capital One's tech team isn't just talking about multi-agentic AI.
16:00
They are already deployed one.
16:02
It's called Chat Concierge,
16:04
and it's simplifying car shopping,
16:06
using self-reflection and layered reasoning
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with live API checks.
16:10
It doesn't just help buyers find a car they love.
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16:15
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16:17
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16:19
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16:21
That's how they stack.
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16:41
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16:46
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16:48
It shows how much to set aside for bills
16:50
and how much is safe to spend for the month
16:52
so you can spend with confidence.
16:54
No guesswork needed.
16:56
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16:58
and see every subscription you're paying for.
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Rocketmoney also finds extra ways to save you money
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Capital One's tech team isn't just talking
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about multi-agentic AI.
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They already deployed one.
17:33
It's called Chat Concierge
17:35
and it's simplifying car shopping.
17:37
Using self-reflection and layered reasoning
17:39
with live API checks,
17:41
it doesn't just help buyers find a car they love.
17:43
It helps schedule a test drive,
17:45
get pre-approved for financing,
17:47
and estimate trading value.
17:49
Advanced, intuitive, and deployed.
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That's how they stack.
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That's technology at Capital One.
17:56
All right, welcome back to the podcast.
17:58
Now, let's go to Mexico
18:00
where Air Mobility, a Mexican company
18:02
plans to start commercial electric
18:04
air taxi services next year
18:06
if it's approved by regulators,
18:08
the CEOs as the company's working with
18:10
Mexico's Federal Civil Aviation Agency
18:13
and China's agency as well
18:15
to certify the electric planes.
18:18
They're called Ehangs.
18:20
They are electric vertical takeoff
18:22
and landing aircraft.
18:24
They're made in China.
18:26
They want to get it done by next year.
18:28
In March of this year,
18:30
Air Mobility held Mexico's first official
18:32
test flight of a passenger drone
18:34
using the Ehang vehicle.
18:36
It carries two passengers and will fly
18:38
for about 30 minutes
18:42
Already in use in China
18:44
and Japan, so Mexico,
18:48
Now, RJ Scarridge, the CEO of
18:50
Rivian has been getting
18:52
a few things off his chest.
18:54
He turned up on the Inside EVs podcast
18:56
and, well, addressed many
18:58
subjects, actually.
19:00
Talking about the recent US government actions
19:02
that are moving focus and investments
19:04
from EVs towards combustion,
19:06
Scarridge pointed out that global
19:08
progress on EVs is going to continue
19:10
regardless of the United States
19:12
and the policy of one particular
19:14
administration. He said surprising
19:16
things were happening in the market, saying
19:18
things I never thought would happen a year ago
19:20
are happening now after years
19:22
of moving to electrification.
19:24
Scarridge noted that while some automakers
19:26
like Ford are investing in EVs,
19:28
there is a trend in the global auto industry
19:30
that could cause the US to fall behind
19:32
other countries. He said it blows my mind
19:34
that it's happening, but nonetheless
19:36
it is. He did see one possible
19:38
advantage of cutting EV subsidies
19:40
creating a vacuum of competition.
19:42
Scarridge explained that companies focused
19:44
on electric vehicles like Rivian and Tesla
19:46
would see fewer competing vehicles.
19:48
The PurePlay EV companies, he says,
19:50
Rivian and Tesla, there's not very many
19:52
because they're completely and fully
19:54
focused on electrification will have
19:56
the advantage of a pretty thin competitive
19:58
playing field was his take on it.
20:00
Yeah, but doesn't a rising
20:02
tide float all boats? Mr.
20:04
Scarridge, look, he knows
20:06
better than I. After all,
20:08
he's the CEO of an EV company and I'm
20:10
an idiot podcaster, but wouldn't we like
20:12
the whole industry rising?
20:14
But, you know, he's
20:16
looking for silver linings in the change of direction
20:18
in the United States. There's no doubt about it.
20:20
I completely agree with him, by the way.
20:22
The US is going to be doing some catching up
20:24
whether that catching up is
20:26
in five minutes, five months,
20:28
five years or whatever.
20:32
to electric transport. Everyone's
20:34
going to do it at their own pace and we
20:36
can see that there's been a change of pace
20:38
in the US and that's
20:40
just a change of politics. It won't
20:42
affect the long term goal.
20:44
It'll affect the speed at which it happens. And like
20:46
I say, you know, at some point, I think it's going to be
20:48
an uncorking of the bottle
20:50
and the US will do a massive catch up.
20:52
I mean, you know, if you are looking
20:54
for silver linings, it could be that everybody
20:56
else kind of goes through the teething
20:58
problems of I don't know what's next solid
21:00
state batteries and
21:02
megawatt charging and stuff like that.
21:06
countries that are maybe a little behind
21:10
a leader in technology, things like
21:12
obviously Silicon Valley, AI,
21:16
well, just everything technology.
21:18
Very rare, very rare for us
21:20
to be talking about the US being a laggard
21:26
and the want of the next three years of this
21:28
administration and well, we'll see
21:30
what happens. I mean, there might be some changes.
21:32
There might not, we don't know.
21:34
We'll wait and see. It won't affect the overall
21:36
destination. It'll affect the speed we get
21:38
there. That's what he has to say
21:40
anyway. Now over here, if you drive
21:44
for obviously company miles
21:46
but charge it home, how much do you get
21:48
paid for that? Well, our
21:50
government do have a multiplier, a calculator
21:56
His Majesty's Revenue and Customs
21:58
and His Majesty's Revenue
22:00
and Customs are the bit
22:08
from us. And they're very good
22:10
at finding many ways to take money off of you.
22:12
They found an error
22:14
in their first calculation of the new advisory rates
22:18
new rates for home and public charging replaced
22:20
the old single pence per mile rate
22:22
for electric company car drivers. Home charging
22:24
stays at 8 pence per mile. For public
22:26
charging, they've corrected it.
22:30
mile. They've kind of
22:32
fixed that on a weighted EV
22:36
of about 3.6 miles per kilowatt hour
22:38
on the average EV. And the average electricity
22:40
cost of 51 pence per kilowatt hour
22:42
public charging. If you can
22:44
public charge DC fast charge at 51 pence
22:46
you're doing pretty well
22:48
actually. So I think that should have been
22:50
slightly higher. But if you do
22:52
drive your company car and you've got to
22:54
send the boss an expenses claim
22:56
there's now two rates here because it is
22:58
much, much cheaper to charge your car
23:00
at home overnight. Or even
23:02
more than overnight on octopus intelligent
23:04
go for instance. Now
23:06
let's go to Spain. Iberdrola
23:08
España will install
23:10
electric vehicle charging stations at
23:12
Alamerca supermarkets
23:20
parts of Spain as well. They plan to
23:22
set up 238 ultra fast charges
23:24
at 59 locations at supermarkets
23:26
charges offer different power levels
23:28
for different needs. All charges
23:30
will connect to 100% renewable
23:32
energy. They want to put
23:34
100,000 EV charges in homes, businesses
23:36
and public spaces by the end of
23:40
let's talk a little bit about wire lane
23:42
a German electric vehicle
23:44
charging company has
23:48
known for its eco friendly charging stations.
23:50
Ladegrün runs a national network
23:52
using only renewable energy founded
23:54
in 2020. They provide charging
23:56
points for organic supermarkets
24:00
Ladegrün's managing director said we believe
24:02
real sustainability starts in daily
24:04
life where you shop, where you work, where you
24:06
live and what you drive. Together
24:08
the companies say that they will now handle
24:10
everything from planning and installation to running stations
24:12
their joint services
24:14
do things like regulations
24:16
and scaling up charging solutions
24:18
hotels, stores and leisure sites etc etc.
24:22
let's go, oh this is a really
24:26
How much would you spend on
24:28
an electric bike if it could
24:30
genuinely replace a lot of car journeys?
24:32
Well, there's an e-bike company
24:38
has launched their new electric tricycle called
24:40
the Rotweiler and it features
24:42
a full suspension system
24:44
and a low step through aluminium frame.
24:46
The Rotweiler stands out with a butterfly
24:48
style handlebar for multiple
24:50
hand positions. It's got a 4.7 inch
24:52
HD display showing speed, battery
24:54
power and other things. It's got some
24:56
big fat tyres, hydraulic brakes
24:58
and dual suspension. It has
25:04
15 miles an hour or 25
25:10
so 55 miles per charge.
25:12
The frame holds up to 500 pounds
25:16
kilograms by the way. 7 speed
25:18
and it'll cost you $2,400
25:20
to get one of those.
25:22
E-bikes are not cheap, are they?
25:24
But this thing, this trike
25:26
with a big old load
25:28
on the back of it as well,
25:30
500 pounds of load, well
25:32
if you are doing, I don't know, inner city
25:36
not just food deliveries
25:38
because everybody in
25:40
when I worked in the middle of London, seemed to be getting their lunch delivered
25:42
or evening meals delivered
25:44
by a food delivery company
25:46
or even just their shopping
25:48
delivered on a bike that would turn up in
25:50
60 minutes or something.
25:54
to get cars off the road.
25:56
And finally, robotic charging
25:58
systems for EVs are being used
26:00
in more and more places in Europe and Asia. The aim
26:02
is to boost driver safety, lower the equipment
26:04
weight and fully automate the charging
26:06
experience. Automation meaning
26:08
drivers don't need to handle
26:10
a connector. Some of them can be quite heavy
26:12
duty though. And so
26:14
if you're driving an
26:16
commercial vehicle, a truck, it means
26:18
that you can use your rest period. So we have
26:20
the alternative fuels, infrastructure
26:24
automatic charging would be
26:26
a really big advantage for logistics
26:30
one particular project that's being
26:32
done, coordinated by
26:34
the technical research centre of Finland
26:36
saying that if you can save any time
26:38
on your rest break, the official
26:40
times that you have to not be driving,
26:42
walking around, connecting, disconnecting
26:44
vehicles, things like that. Your full
26:46
rest time can be used for resting. Vehicles
26:48
can be on the road more. Driver safety
26:50
is the top priority as well, they say
26:52
with megawatt charging, very high levels of
26:54
electricity. They're developing more
26:56
and more robotic systems using
26:58
computer vision and AI, because
27:00
of course everything uses AI
27:02
these days. To find the charging
27:06
choose the best approach, open the cover
27:08
and connect the charging plug accurately.
27:10
Pilot installations and thorough testing
27:12
will measure how satisfied users are,
27:14
how the charging hop operations are being
27:16
affected by automated plugging in,
27:18
particularly of trucks and commercial vehicles
27:20
so the driver never has to leave the cab if they don't
27:22
need to and it'll all happen
27:26
Is plugging something in
27:28
the hardest thing we do? Probably
27:30
not, but it's interesting to see
27:32
how they're trying to make that
27:34
even more streamlined.
27:36
Fascinating, eh? That's your podcast for
27:38
today, thanks to our premium partners, Porsche
27:40
of the Village in Cincinnati,
27:42
Audi of Cincinnati East and Volvo cars
27:44
of Cincinnati East National Car
27:46
Charging on the US mainland
27:48
and the Low Heart Charge in Hawaii and
27:50
Octopus Electroverse Global Public Charging
27:52
made simple with one app and one map
27:54
have a good in cinema and remember
27:56
there's no such thing as a self-charging hybrid.
28:02
The holidays are expensive.
28:04
You're paying for gifts, travel,
28:06
decorations, food and
28:08
before you know it, you've blown way past
28:10
what you were planning to spend.
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29:02
Capital One's tech team
29:04
isn't just talking about multi-agentic
29:06
AI. They are already deployed
29:08
one. It's called chat concierge
29:10
and it's simplifying car shopping
29:12
using self reflection and
29:14
layered reasoning with live API
29:16
checks. It doesn't just help buyers
29:18
find a car they love. It helps schedule
29:20
a test drive, get pre-approved for
29:22
financing and estimate trading
29:24
value. Advanced, intuitive
29:26
and deployed. That's how they stack.
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That's technology at
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