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Driving with Dunne

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Sep 28, 2023 • 45min

The Blockbuster China Story That Won A Pulitzer  - Part II. David Barboza, Co-Founder, The Wire - China

We begin Part II of this conversation with David Barboza in the days leading up to publication of arguably the most explosive and dangerous story out of China in 50 years. For the past 18 months, Barboza has been systematically collecting records and data and information about a massive amount of wealth accrued by the family of China's Prime Minister Wen Jiabao. Nothing is easy, clear or straightforward. There are layers of ownership by companies and people some of whom are only remotely related to the family. But Barboza is now confident that he has an air-tight story. He is ready to publish. But, wait a minute, what about his bosses at the New York Times? Are they ready, too? Or are there still a few more twists and turns and somersaults before they are prepared to push the publish now button? And what happens after the story flies out into the world?
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Sep 21, 2023 • 48min

Writing The Blockbuster China Story That Won The Pulitizer: David Barboza, Co-Founder, The Wire - China - Part 1

David Barboza won a Pulitzer prize for a blockbuster story he wrote while reporting in China for the New York Times. The story took years to research and write. Here is how things got started: Barboza had challenged himself with a daring and impossible goal. Would it be feasible, he wondered, to gather evidence that powerful leaders in China's Communist Party were amassing great wealth? He figured that if he were able to prove that a high-ranking family had assets of around $5 million dollars, it would be a massive coup. Never in a million years did he dream that his investigations would uncover that the Prime Minister's family had accrued more than 2 billion dollars in concealed wealth - company shares, cash, diamonds, gold and homes. In this week's Driving With Dunne episode, Mr Barboza brings us, step by step, into the events as they unfolded, as he experienced them. "The longer it takes you to publish the story," security experts at the New York Times told him, "the more dangerous things will get."
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Sep 7, 2023 • 37min

From the Volt to the Bolt to the Lucid Air: Tony Posawatz, CEO, Fermata Energy 

For most of his career, Tony Posawatz was a highly successful engineer working in GM's lucrative truck division. That meant big rigs powered by gasoline and diesel engines. Then one day in 2006 GM's top leadership appointed him to lead a breakthrough initiative. "Build us an electric car that will make people forget all about the Toyota Prius," they said. GM had taken a shot at an all-electric vehicle in the 1990s called the EV1. Tony and his team of top notch GM engineers knew that the way to beat the Prius was to go electric. But range anxiety was an issue. So, they got inventive and designed a propulsion system that featured both an electric battery and a gasoline engine. This set-up, in time, would become known as a plug-in hybrid electric vehicle or a PHEV. That product, which debuted 11 years ago, served as a bridge to a barrage of pure electrics like the Tesla Model 3, the Hyundai IONIQ, the Mustang Mach E, the Rivians and the Lucids now hitting the market today. How far along have we advanced on the path to electrics. And how much work still remains to be done before we reach electric nirvana?
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Aug 31, 2023 • 30min

Chinese Cars & Everything Else: Coming To Your Neighborhood Soon. Jorge Guajardo, Former Mexican Ambassador to China. 

Here is the powerful China formula for commercial dominance that everyone needs to know. Build up massive capacity. Achieve scale. Reduce costs. And then export like a bat out of hell all over the world. This is exactly how China overwhelmed the solar panel industry. Will cars be next? You bet. In fact, it is already happening. China today has the capacity to build 40 million cars and trucks a year. Domestic demand is about half of that. So, this year, China will export 5 million vehicles to more than 100 markets worldwide this year. And, that is not all. As China's domestic economy stalls, there is more pressure, more incentive to export than ever before. Mr Jorge Guajardo joins us again this week for Part II of our conversation about what to expect as Chinese companies push into global markets. They will be bringing stunningly low priced items from cars to used bulldozers to cement mixers. Are you ready for the barrage?
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Aug 24, 2023 • 33min

Mexico: China's Backdoor Play? Jorge Guajardo, Partner, Dentons Global Advisors & Former Mexican Ambassador to China

Who supplies the most cars to the Mexican market? If you guessed China, you are not wrong. China is flooding the market with low cost gasoline-powered and electric vehicles. Leading brands include SAIC-MG, Great Wall and Chery. But there's more. One of every two vehicles GM sells in Mexico is built in China. Meanwhile, Chinese suppliers are pouring into supporting Tesla's Giga 6 factory in Monterrey. What do Mexico's leaders make of this mass Chinese arrival? Will the Chinese automakers use Mexico as a base camp for invading the US market? With me today is Jorge Guajardo, former Mexican ambassador to China. He was there for six full years. I I really appreciate Jorge's knowledge of how Chinese people think and his candor. He of course also knows the top people - Jorge met with BYD founder Wang Chuanfu more than ten years ago. What did he see and hear from Wang that made the biggest impression?
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Aug 17, 2023 • 42min

She Test Drives 80 Cars a Year. What's Her Verdict? Nicole Wakelin, Creator, The Road Reflected

Never before in the history of humanity have we had so many choices when it comes to what we drive. Think about it: We have cars, pickup trucks, SUVs, crossovers. station wagons. On size we run the spectrum from the tiny Mini Cooper beastly Hummer. And now these vehicles might be powered by gasoline engines, hybrids, batteries or hydrogen. Some of them even drive themselves, well almost. The average consumer has hundreds of options to choose from. So, how on earth do you land on exactly the right one for you? The process can be all-consuming and overwhelming. Thank goodness we can turn to experts for advice, people who know cars intimately from direct experience. Today's guest, Nicole Wakelin, is exactly that kind of an expert. She test drivs 80 vehicles a year, she has a very good eye for detail and a memory like steel trap. Today, I ask Nicole to deliver her verdict on some of the best-selling EVs on the market, like the Mustang Mach- E, the Hyundai IONIQ 5 and the Tesla Model Y.
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Aug 10, 2023 • 49min

What BYD Looks Like From the Inside: Carlos Roma, Veteran Executive, BYD do Brazil 

China is now the world's No. 1 exporter of cars and trucks, blowing past Japan. In 2023, Chinese automakers will ship more than 4 million vehicles to over 100 markets markets worldwide. Leading destinations include Russia, Saudi Arabia, Chile, Sweden, Malaysia and Mexico. How good are these Chinese cars? And what kinds of challenges are they bound to encounter as they invade global markets. To get answers today our guest is Carlos Roma. Mr Roma is one of those rare western executives who can say that they know Chinese companies from the inside. He worked for BYD, China's largest EV maker, for more than 5 years. He knows how Chinese business people think. And he understands the tight relationship between companies and the Chinese government. In our conversation. today, I will ask Carlos to make some assessments and some predictions: How strong is the Chinese auto industry compared to America's? Can the West ever catch up with China on electrics and batteries and battery supply chains? And how will Chinese cars perform in Brazil's market, a real indicator of how they are likely to perform in many markets worldwide? Carlos Roma, General Director, TB Green on the Driving With Dunne podcast.
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Jul 27, 2023 • 38min

China: Dominator In The Global Battery Arms Race. Simon Moores, CEO, Benchmark Minerals Intelligence

Ready or not, we are in the midst of a global battery arms race. China enjoys a commanding lead. America and Europe are racing to catch up. This week we are joined by Simon Moores, CEO, Benchmark Mineral Intelligence. No one on the planet knows more about the lithium ion battery industry and gigafactories than Simon. He's been laser focused on it for more than 10 years. Today I will ask Simon some tough questions, including: Can America and Europe close the gap? How soon? Or does China have an invincible position with its enormous scale and low costs? Also this: What was he doing in the middle of a tornado in Nebraska earlier this summer? Let's talk to Simon to get the inside scoop on the Driving With Dunne podcast.
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Jun 29, 2023 • 34min

Taiwan: China's Salami Slicing Takeover Strategy. With Guest Bethany Allen, Author, Beijing Rules

How much do you know about Taiwan? Until recently, most people in the world, if they were being honest, would say practically nothing. But not today. Today, Taiwan finds itself in a highly precarious situation. The People's Republic of China has clear its intentions to integrate Taiwan, to take control of the island and its 22 million residents. Not so fast, say the people of Taiwan. And the are not alone. The United States - most economies around the world, are heavily reliant on Taiwan for supply of the advanced chips that power everything from iPhone to Teslas. China cannot tolerate a future where Taiwan is separate from China. America and its allies cannot accept such a Chinese takeover. Two powerful forces diametrically opposed. How will this high stakes drama play out? Joining is today is Bethany Allen, author of a tremendous new book called Beijing Rules. Bethny, who lives and works in Taiwan, gives us her view on how China plans to take control of Taiwan. And how they might even get it done without firing a shot. Wait - how is that even possible?
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Jun 22, 2023 • 35min

BYD: The Roar of China's EV Powerhouse

BYD is an electric vehicle powerhouse. Already dominant globally in buses and trucks, BYD is now chasing Tesla for world leadership in battery-powered electric vehicles. The Shenzhen-based company will produce more than 3 million electric vehicles in 2023. Many of those cars and SUVs will find their way to global markets including Thailand, Mexico, Germany, the UK, Australia and Japan. For the casual observer, BYD might appear to be an overnight sensation. But this is not that case. BYD is a 30-year old company that persevered through lots of twists and turns before finally gaining traction in the late 2010s. In this Driving With Dunne episode, I have a conversation with my producer, Chris Donovan, to recount how BYD grew from an unknown battery maker for cellphones in the 1990s into a global champion in electrics today. What do we know about BYD's founder, Wang Chuanfu. How soon will we see BYD cars on American roads? BYD - which stands for Build Your Dreams - is a rich and captivating story, one that will give you a fresh appreciation for new-found Chinese might and confidence. #DrivingWithDunne / #ZozoGohttps://twitter.com/Dunne_ZoZoGohttps://www.instagram.com/zo.zo.go/?hl=enhttps://www.linkedin.com/in/michael-dunne-a696901a/

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