DAILY ROUNDUP | MAY 14 | EU €200B EV Bet, 16K UK Openings, $49,461 Average Car
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Notas del episodio
Europe is trying to buy its way out of China’s battery dominance with nearly €200 billion in EV supply-chain investment, but the bottlenecks are getting more local by the minute.
Today’s episode follows the pressure from battery factories and technician shortages to home-charger bundles at the F&I desk, then lands on the consumer reality check: the average new vehicle transaction price is still sitting at $49,461.
Today's Key Headlines
~Europe commits nearly €200 billion to build an independent EV ecosystem
~€109 billion goes to battery supply chains while €60 billion targets vehicle manufacturing
~UK motor trade vacancies climb to 16,000, up 14% quarter over quarter
~Close Brothers and Pod bring home charging offers to 5,000 UK dealers
~Cox Automotive says the average new vehicle transaction pric ...