Toyota Expects Big Impact to Profits; Rivian Loses Nearly $40K Per EV – Autoline Daily 3807

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 Toyota Posts Record Profits
1:11 BMW Earnings Dinged by Higher Costs
2:15 Rivian Loses Nearly $40,000 Per Vehicle Delivered
3:10 Shenzhen Has More Fast Chargers Than Gas Stations
4:14 Tesla Buys $2 Million Worth of Lidar In Q1
4:50 Tesla Gets Approval to Test Robotaxis In China
5:32 Tesla China-Made Vehicle Sales Down in April
6:18 EU Continues Tough Talk Against Chinese Made EVs
6:53 BMW Against EU Tariffs on Chinese Made Vehicles
7:50 Daimler Truck Reveals Electric L4 Semi-Truck

Story Links:
– Toyota 2024 Fiscal Year Results: https://global.toyota/pages/global_toyota/ir/financial-results/2024_4q_presentation_en.pdf

– BMW Q1 Results: https://www.press.bmwgroup.com/global/article/detail/T0441795EN/robust-results-within-full-year-guidance:-bmw-group-has-a-successful-start-to-2024

– Rivian Q1 Results: https://rivian.com/newsroom/article/rivian-releases-first-quarter-2024-financial-results

– Shenzhen Has More Charging Stations Than Gas Stations: https://electrek.co/2024/05/07/byd-home-city-in-china-supercharging-shenzhen/

– Tesla Buys Luminar Lidar: https://www.bloomberg.com/news/articles/2024-05-07/tesla-was-luminar-s-largest-lidar-customer-in-the-first-quarter

– Tesla Gets Limited Robotaxi Approval in China: https://carnewschina.com/2024/05/08/tesla-received-a-nod-for-robotaxi-testing-from-chinese-officials-during-musks-visit-report-says/

– Tesla Wants to Equip Chinese Taxis with FSD: https://www.yahoo.com/autos/elon-musk-looking-deploy-teslas-034128298.html

– Tesla’s China-Made Vehicle Sales Down: https://www.reuters.com/business/autos-transportation/teslas-china-made-ev-sales-fall-18-yy-april-2024-05-07/

– EU Continues Talk About Chinese EV Import Tariffs: https://www.reuters.com/business/autos-transportation/eus-von-der-leyen-china-must-be-stopped-flooding-ev-market-2024-05-08/

– BMW Against Chinese EV Import Tariffs: https://www.reuters.com/business/autos-transportation/eu-tariffs-chinese-evs-could-backfire-hobble-green-deal-bmw-ceo-says-2024-05-08/

– Daimler Truck Testing Level 4 Semi: https://www.daimlertruck.com/en/newsroom/pressrelease/daimler-truck-unveils-battery-electric-autonomous-freightliner-ecascadia-technology-demonstrator-52702411

– To read the transcript for today’s show click here: https://www.autoline.tv/daily/ad-3807-toyota-posts-record-profits-rivian-loses-nearly-40000-per-vehicle-sold-tesla-buys-2-million-worth-of-lidar-in-q1/

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