The Next Billion Cars – “Gradually. Then Suddenly”

“How did you go bankrupt?” begins the oft-quoted line from Hemingway. “Two ways. Gradually – then suddenly.” That’s how the automotive sector feels at the end of 2024, with Nissan maybe preparing for bankruptcy and Stellantis firing its CEO and VW struggling with strikes and low sales and GM shuttering Cruise and on and on and on. Sally Dominguez and Drew Smith join Mark Pesce in studio to explore what’s really happening – and what it all means for THE NEXT BILLION CARS.

We mentioned a few things during our conversation – here are the links:

1) Want to design the car of the Future? Here are 8,000 designs to get you started. (MIT Technology Review)

2) Chinese Carmakers Are Taking Mexico by Storm While Eyeing U.S. (New York Times)

3) And you really should watch Margin Call, a spellbinding drama about the 2008 financial crisis (Wikipedia).

Episode 5.05 – Has Europe gone ‘all-in’ on electric vehicles?

Special correspondent Drew Smith explores a European car market that appears to have reached a tipping point in sales of electric vehicles. Is it real? Is it sustainable? Can the power grid handle all those new EVs?

Drew asks the experts – and gets some surprising answers.

Drew co-authors the amazing ‘Looking Out’ newsletter – read the latest one here.