HERTZ SAGA CONTINUES / VW FALLING APART / EV TAX CREDIT UPDATED / FORD'S LATEST MOVE

EV Channels Review

This episode of Electrified covers several key developments in the EV market. A significant portion is dedicated to the ongoing Hertz saga, detailing their public offering plans and ongoing discussions with Tesla regarding vehicle deliveries. The video also highlights updates to the EV tax credit, including revised income and vehicle price limits, which could impact future purchases. A notable software update for Tesla vehicles is discussed, focusing on the upcoming 'cloud profiles' feature that will allow settings to sync across multiple vehicles, a long-requested functionality. The transcript also touches on Tesla China's shift from a zero to a ten percent down payment for leases, and an anecdote suggesting a global transition to LFP batteries for base model Teslas. The episode features a fascinating segment on a Model S owner who successfully retrofitted a traditional steering wheel and working stalks, with resources shared for interested enthusiasts. Legal proceedings are mentioned, with the first trial set to determine Autopilot's fault in a fatal accident, potentially involving Elon Musk and Missy Cummings. Volkswagen's internal struggles and the CEO's comparison to Tesla are also discussed, alongside Waymo's expansion into New York City for mapping. Finally, Ford's ESG financial plan, including debt buybacks and potential green bond issuance, and Fisker Ocean's charging capabilities and battery sourcing are covered.