TOYOTA'S HIT EV? EU'S CHINA 'CRISIS?' & TESLA VALUE QUESTIONED?

EV Channels Review

This episode of The Pulse Podcast delves into the complex and rapidly evolving automotive industry. The hosts highlight Toyota's surprising success with its $15,000 BZ4X electric SUV in China, selling over 60,000 units and outselling foreign competitors. This success is contrasted with Toyota's historical reluctance towards full electrification and lobbying efforts against EVs, raising questions about their commitment. The discussion then shifts to the EU's 2035 petrol car ban, with Volvo and Polestar urging the EU to uphold the deadline against pressure from German manufacturers. The hosts argue that delaying the ban would cede market share to agile Chinese automakers, who are already making significant inroads with both EVs and hybrids. The conversation also touches upon China's export strategy, noting that a majority of their vehicle exports are still gasoline-powered, capitalizing on markets slower to adopt EVs. Finally, the podcast examines Michael Burry's critique of Tesla's valuation, questioning whether it's based on potential rather than current profitability, and discusses the company's pivot towards robotics and AI. The episode concludes with a look at the growth of commercial EVs, with positive news from Royal Mail and Stagecoach, reinforcing the dominance of battery electric technology in this sector.