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Tech

EV market shifts as prices are slashed

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Recently, there’s been a noticeable shift in the electric vehicle market, with major players like Nissan, Polestar, and Peugeot offering unprecedented discounts of $15,000 or more below the recommended retail price.

BYD have abandoned their fixed-price models in favour of traditional franchise dealerships. Could this trend reverse? Amidst these developments, Australia anticipates the launch of its first plug-in hybrid utility vehicle, the BYD Shark, following its global debut in Mexico last week. Stay tuned for further updates. #Featured #Trending

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Shows

China set to conquer the EV market

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China is set to lead the EV market, and BYD is a key reason.

The Auto Report provides comprehensive insights of developments in the rapidly evolving world of mobility. The program delves into pertinent trends shaping the automotive landscape.

Hosted by esteemed industry figures Matt Hobbs, CEO of Motor Trades Association of Australia and Mike Costello of Cox Automotive.

In this episode, Mike & Matt are joined by Mark Harland, Chief Operating Officer at EVDirect. #auto report #trending

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Shows

Tariffs impact the global EV industry

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Exploring global EV strategies and impacts of recent tariffs placed upon the industry.

The Auto Report provides comprehensive insights of developments in the rapidly evolving world of mobility. The program delves into pertinent trends shaping the automotive landscape. Hosted by esteemed industry figures Matt Hobbs, CEO of Motor Trades Association of Australia and Mike Costello of Cox Automotive. #auto report

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Money

Ferrari’s debut high-performance electric vehicle will be priced above $500,000

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Ferrari has unveiled details about its inaugural electric car, slated to be priced upwards of $500,000, as first reported by Reuters.

This announcement comes amidst growing global interest and competition in electric vehicles, with Ferrari aiming to blend its iconic design prowess with sustainable technology.

The Italian automaker, renowned for its high-performance sports cars, is expected to maintain its commitment to superior craftsmanship and engineering excellence in its electric offering.

Following the EV announcement, Ferrari also confirmed plans to establish a new manufacturing plant aimed at enhancing production flexibility and significantly reducing car development times.

Mike Costello from Cox Automotive joins to discuss the latest in EVs. #featured #trending

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