EU Tariffs on Chinese EVs Kick In Today; BYD Brings in More Revenue Than Tesla - Autoline Daily 3925

Autoline reports breaking global car news, with great insight and analysis. Also, top auto executive interviews. We cover electric vehicles (EV), autonomous vehicles (AV) and internal combustion engine technology (ICE), as well as car sales & financial earnings and new car reviews.

0:00 EU Tariffs on Chinese EVs Kick in Today
1:19 VW Hurt by Weak Demand, Higher Costs
1:58 VW Planning Big Pay Cuts
2:25 BYD Brings in More Revenue Than Tesla
3:18 Siemens Buying Altair for $9 Billion
4:18 Renault Developing EVs in China, But Not for China
5:04 Suzuki & Toyota Team Up on EVs
5:49 Stellantis Sues Another Supplier
6:39 Automakers Also Worried About EU CO2 Van Emission Rules
7:52 Tesla Applies to Double Size of Texas Plant

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EU Tariffs on Chinese EVs Kick in Today:

[nerdbikes]

ICE sales have been declining since 2018. If VW can;t figure out how to make money on EVs they are gone. Toast.

[schtinerbock]

VW trying to cut costs to save 4 billion, meanwhile it blew 4 billion to buy the Scout name and who knows how much the factory will cost plus the R&D. Maybe they should save money by simply not making stupid decisions.

[whou]

BYD is growing as predicted. I look forward to experiencing one of their products.

[albertbradfield]

VW priced itself right out of their market, we don't feel sorry for them.

[TestTest-ebjr]

This tariff war is just plain stupid....

[seymorefact]

😢😢 More VW, Mercedes, Porsche closing and layoffs in Germany

[williambasinger]

You are not correct on the Tesla expansion. Go look at Joe Tagmier’ s explanation of the Austin reporter’s mistake.

[AllanSustainabilityFan]

So the big winners are Tesla and BYD this quarter. Both leaders in EV space.

But corp media claims EVs are not growing. Weird, I guess it was just the lazy compliance legacy EVs after all.

Do you know why they need to compare BYD to Tesla? Because it distracts from how bad their legacies are doing right now lol.

[highlanderapparel]

As always, thank you for the information Sean the Highlander😊

[traviscalvin]

It seems to me that car companies in the EU will need to start charging a premium on their ICE vehicles to pay for the fines that will be coming. Doing so will also help boost their EV sales. Or they can just go bankrupt...

[stickynorth]

As if tariffs have ever benefited anyone but corporations looking to uneven the playing field... NEXT!

[seymorefact]

🎉😂🎉Kirk, forget about Japan. It's history. Prepare for trips to China and Chinese car reviews. It's Superior from many other YT reviews. TFL really enjoyed BYD Shark.

[SkitterB.Unibrow]

BYD makes about 5% for margins, TESLA makes about 34%. So it's not apples to apples. Even though BYD may gross more, they definitely dont make more.

[freeflowtrader]

You watch, Stellantis will be a better lawsuit company than car making company. Oh you just watch 😂😂😂

[davidmccarthy]

For those of you that are fairly new to the world, this is pretty normal.

[Carl_in_AZ]

Will Renault import Geely hybrid and EV platforms from China and add Renault bodies in France to get around tariffs?

[urbanstrencan]

VW is in big trouble, just sad to see and impact that it will have on all the suppliers here in Europe 😢😢

[georgeeagle]

Volkswagen, people car that ordinary people can't afford. Nuff said.

[EnriqueAThieleSolivan]

Stellantis sales have droped, thus they purchase less parts from the sir suppliers. This increases the cost of each part due to its decreased volume. That will happen to all Stellamntis supliers. The same will hapen to VW, GM, Ford, MB, and many others, Making ICE cars on the neww ev are is becoming very thought.

[KADSL]

Wait till the feces hits the rotary oscillator.