Speculating on Cost Reduction, Comparing Platforms, and Uncertainty about a Price War

Tu and Lei begin the podcast and take quite a bit of time to share their thoughts on NIO Q3 earnings and how to look at the numbers. They back out of the earnings to briefly review the announcements that NIO has made over the last several months.

Tu moves out a few thousand feet to talk about the China market and some of the players in it and then the discussion quickly moves over to the Stellantis announcement regarding their partnership with Silicon Valley battery swapping startup Ample. 

Tu and Lei push on to a discussion about the final language for the Inflation Reduction Act that was released last Friday and how it may affect the market and the strategies of all involved in the EV space. 

The last two topics touched on were Tu's attendance and thoughts on the Mary Barra fireside chat and her answers relative to EVs, batteries and Cruise. 

He then pushes into the rumor that Tesla is ready to double capacity at ShanghaiGiga from about 1.2M to over 2M units of capacity.