Episode #179 - VW Hits Panic Button, August Sales, Tariffs - Tougher for Some

Tu and Lei kick off this podcast with the news that Volkswagen would like to close factories in Germany for the first time in decades. They spent a long moment to discuss this because this news sent shockwaves across the industry and is the realization to the world, if not clear yet, China EV Inc is putting the world on notice - that's its here and here to stay.The discussion moves over to Mercedes, who while not in the same dire situation as VW, are also looking at what they can do to stop the bleeding in China. Volvo is the next OEM discussed and Tu updates everyone on what EVs he's looking at for purchase since there are so many great deals out there. Lei then updates everyone on August sales, which annually is the calm before the final turn into year end where all bets are off. They also discuss some of the levers being used by Tesla and others to try and keep demand for their products consistent. To end the podcast, Tu and Lei discuss the ways that BYD continue to have their feet on the gas and have not slowed their aggressive entry and shipment of products into international markets. They also analyze some of the tariffs and how they affect some more than others and who have the advantage in Europe for now. The Best Pizza Franchise OpportunityAnthony & Luca's Pizza Kitchen is the hottest new Cheesesteak & NY Pizza Franchise.Support the show