EVs Put Massive Dent in Gas Demand; U.S. Eases Battery Sourcing Requirements – Autoline Daily 3805

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

0:00 U.S. Updates EV Tax Credit Rules, More EVs Eligible
0:56 UAW Ratifies New Contract with Daimler Truck
1:59 Chinese Cars Account For 1/3rd Of Global Sales
2:44 EVs Put Dent in Gasoline Demand
4:02 France Boosts EV Sales Targets
4:34 France Says It Will Welcome BYD
5:13 U.S. Provides $100 Million To Small Auto Suppliers
5:48 Xiaomi Tweaks Gigacasting Production Process
7:02 Mercedes-AMG Introduces New Convertible

Story Links:
– EV Tax Credit Update: https://electrek.co/2024/05/03/us-updates-ev-tax-credit-rules-enabling-more-electric-cars-eligble/

– UAW Signs New Contract with Daimler Truck: https://www.reuters.com/business/autos-transportation/united-auto-workers-ratify-contract-with-daimler-truck-2024-05-05/

– China Cars Account for 1/3 of March Global Sales: https://carnewschina.com/2024/05/05/chinese-cars-accounted-for-33-of-worlds-car-sales-in-march-2024/

– EVs Put Big Dent in Gas Demand: https://www.reuters.com/business/energy/gasoline-demand-growth-slow-this-year-ev-growth-china-us-2024-05-06/

– France Wants to Boost EV Sales: https://www.bloomberg.com/news/articles/2024-05-05/france-ramps-up-electric-vehicle-ambition-as-xi-arrives-in-paris

– France Welcomes Chinese: https://www.reuters.com/business/autos-transportation/chinese-ev-maker-byd-welcome-open-factory-france-french-finance-minister-says-2024-05-06/

– U.S. Provides Relief to Small Suppliers: https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/06/fact-sheet-vice-president-harris-announces-more-than-100-million-to-support-american-auto-workers-and-small-auto-suppliers/

– Xiaomi Designs Gigacastings for Accidents: https://carnewschina.com/2024/05/03/xiaomi-can-produce-an-su7-every-76-seconds-thanks-to-new-production-processes/

– Mercedes-AMG CLE 53 Convertible: https://media.mbusa.com/releases/the-new-mercedes-amg-cle-53-cabriolet-open-top-driving-with-amg-performance

– To read the transcript for today’s show click here: https://www.autoline.tv/daily/ad-3805-evs-put-dent-in-gasoline-demand-u-s-updates-ev-tax-credit-rules-more-eligible-france-boosts-ev-sales-targets/

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