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Speaker 1: Bloomberg Audio Studios, Podcasts, radio News.

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Speaker 2: I'm Hannah Elliott.

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Speaker 1: And I'm Matt Miller. This is Hot Pursuit. Coming up

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Speaker 1: on today's podcast. Volvo's biggest unveiling ever, their new electric

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Speaker 1: EX sixty, is out, and Hannah spoke with Volvo's President

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Speaker 1: of the America's Luis Resende, giving us one of the

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Speaker 1: company's first interviews on their launch and why he thinks

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Speaker 1: it's a game changer for the industry.

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Speaker 2: That is back from the Detroit Auto Show, we want

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Speaker 2: to hear all about that. I need to know a

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Speaker 2: big takeaway or something that's surprized you.

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Speaker 1: I was shocked, to be honest, that no one plows

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Speaker 1: the streets in Detroit when it snows. And then the

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Speaker 1: other thing is like racing is super important to Detroit

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Speaker 1: now because the day that I arrived, GM was making

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Speaker 1: some big announcements about Formula one entry. And then the

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Speaker 1: next day, you know, I sat down with Bill Ford,

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Speaker 1: for example, and he was like, hey, I herd GM

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Speaker 1: was talking smack about us. At least we're making our

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Speaker 1: own motors. You know, they're using fer ours.

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Speaker 2: I love it.

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Speaker 1: And uh trash talk, yeah, trash talk. And you know,

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Speaker 1: I got to talk to Max for staff, and he

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Speaker 1: is tell us he's officially the biggest letdown I've ever

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Speaker 1: had in an interview, probably the worst interview that I've

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Speaker 1: ever had that I've been excited for. Like I thought, oh,

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Speaker 1: I'm sorry. I was going to be able to chill

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Speaker 1: and have fun with him and like dig into racing.

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Speaker 1: And he had that amazing YouTube video with Chris Harris

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Speaker 1: where I thought, Wow, Max has really grown up and

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Speaker 1: he's come out as a person and he's like socially capable.

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Speaker 1: And then when I sat down with him, I mean,

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Speaker 1: maybe he just didn't have and not just maybe. He

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Speaker 1: definitely had no interest in talking to me.

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Speaker 2: He doesn't like press in general.

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Speaker 1: No, he wanted he wanted to get up and leave

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Speaker 1: as soon as.

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Speaker 2: He's So did you try to, you know, like get

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Speaker 2: him to.

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Speaker 1: I did my best, and I'm usually I pried myself

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Speaker 1: on that skill, you know, But yes, I could not

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Speaker 1: open him up.

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Speaker 2: I might have had might have missed breakfast the one.

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Speaker 1: On the other hand, it was awesome to talk to

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Speaker 1: Jim Farley.

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Speaker 2: I mean, Jim is such a great person to talk to.

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Speaker 1: Yeah, and like their commitment to racing is just I

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Speaker 1: feel like Jim Farley is the Ford Racing CEO and

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Speaker 1: he has the car maker as his like side gig.

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Speaker 2: Did he talk about Decar at all? Didn't?

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Speaker 3: Yes? He did?

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Speaker 2: What did he so?

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Speaker 3: Like?

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Speaker 2: What did he say?

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Speaker 1: So? He had just come back from Dakar. Uh he

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Speaker 1: was out there watching the race but also driving trucks

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Speaker 1: in the dunes and also camping out. And you know

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Speaker 1: they have their amazing off road super car right now

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Speaker 1: that's just for you know, professional teams or privateers. And

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Speaker 1: also some privateer team was running a Bronco Raptor and

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Speaker 1: to car stops.

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Speaker 2: Yeah that's cool.

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Speaker 1: So there's there's that, and it's definitely my new bucket

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Speaker 1: list race event. I have got to go to Dakar.

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Speaker 2: Like you know, also you should come to King of

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Speaker 2: the Hammers.

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Speaker 1: True, I want to do all the stuff, but Car

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Speaker 1: is on the top of my list.

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Speaker 2: I mean that is like, yes, after Lamar.

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Speaker 1: Like Lamon was the best racing experience. Yeah, four wheel

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Speaker 1: racing experience I've ever had, and so now liked Car is.

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Speaker 2: Maybe we should you know push for like a hot

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Speaker 2: pursuit from Dakar.

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Speaker 1: I am very much into that, you know, be very

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Speaker 1: cool and you know, I feel like Ford'll be closer

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Speaker 1: to getting out there off roads supercar for the totally

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Speaker 1: for the very, very very wealthy masses. We know it's

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Speaker 1: coming and so there could be some some pegs to

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Speaker 1: hang that on. But it was cool. I talked to

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Speaker 1: not only Bill Ford, but his son Will, who is

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Speaker 1: running the racing division at least the marketing aspect of it.

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Speaker 1: Dak Sheppard was there.

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Speaker 2: Did you talk to Dak?

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Speaker 3: No? I didn't.

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Speaker 2: Did you see him?

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Speaker 1: Yeah, I saw him, but I look amazing.

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Speaker 2: Is he taller than you?

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Speaker 1: I think we're about the same height. He may be

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Speaker 1: like an inch taller than me. Six three six four

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Speaker 1: would be my guest. He's jacked, like, absolutely jacked. He's

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Speaker 1: been hitting the gym with best friend Aaron Weekley, like

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Speaker 1: on a daily basis. Wow, So Kristen must love that.

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Speaker 1: I would love it, you know, but I didn't. I

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Speaker 1: was too shy.

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Speaker 2: No, that's impossible that I don't.

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Speaker 1: Like to fanboy on people like it's it's backfired in

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Speaker 1: the past. Yeah. Will Ferrell has taken out a restraining

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Speaker 1: order against him. No, and doctor Dre actually asked someone

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Speaker 1: to have me leave the green room once hitting me. No,

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Speaker 1: I lose it a little bit.

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Speaker 2: Wow, that is unbelievable. Yeah, I mean, have you ever

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Speaker 2: I mean, do you regret not going up to Dax? No,

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Speaker 2: because you restrained yourself.

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Speaker 1: I didn't want to like Ruin. I have a great

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Speaker 1: non relationship relationship with him. Meet We sometimes exchange tweets,

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Speaker 1: you know on Twitter. Yeah, Paris and and uh. Also

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Speaker 1: it's a little to me, it's a little weird that

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Speaker 1: he's fronting for Ford because I feel like he's totally

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Speaker 1: a GM guy. Yeah right, his the vehicles. I know

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Speaker 1: he has a Mustang, but money talks. But he does

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Speaker 1: love those Chevy trucks. And so anyway, it was a

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Speaker 1: fantastic trip. And by the way, I got to see

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Speaker 1: the Mustang dark Horse SC So they've taken a supercharger

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Speaker 1: and slapped it on the five point two liters V eight.

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Speaker 1: It looks pretty badass. I still prefer the S one

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Speaker 1: seven generation, so the you know, two thousand for me,

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Speaker 1: twy ten to twenty fourteen, the sort of facelift of those.

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Speaker 2: But okay, I'm looking at it them and you can't.

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Speaker 1: Get it with a stick. So for me, like all

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Speaker 1: these supercars have gotten to a point where you used

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Speaker 1: to be able to get them with a stick like

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Speaker 1: Portia has from the Carrera GT to the nine to

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Speaker 1: eighteen right and the four GT the two thousand and five,

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Speaker 1: two thousand and six to one. You could get that

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Speaker 1: with a stick, and it's an incredibly powerful motor. And

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Speaker 1: then the V six GT that they did to win

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Speaker 1: Lamont obviously that can't be gotten with three pedals like

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Speaker 1: I just wonder why they move away from that, because

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Speaker 1: clearly the more money a buyer is willing to spend,

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Speaker 1: the higher the take rate on manual transmissions like the

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Speaker 1: like we've talked about a million times with the nine

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Speaker 1: to eleven at the base, everybody wants the PDK. When

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Speaker 1: you go to the GT three level or some special edition,

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Speaker 1: they only want to buy a stick. So Ford is

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Speaker 1: making these three four hundred thousand dollars cars, Why don't

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Speaker 1: they say we're not doing it with a DCT, it's

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Speaker 1: only coming with a manual transmission.

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Speaker 2: I don't know anyway, you know, I know we talk

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Speaker 2: about this quite a lot, and I feel that the

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Speaker 2: conversation is drifting more and more away from stick like

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Speaker 2: with for automakers. I just I don't Yes, there are

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Speaker 2: a couple instances where they'll throw one in. But I

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Speaker 2: don't know this. We could be you could be on

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Speaker 2: your deathbed, Matt smoking a smoking smoking smoking. I know,

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Speaker 2: I'm just saying smoking. You know, I'm not I'm not

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Speaker 2: endorsing anything. And you know, saying they didn't have a

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Speaker 2: stick by you're a last dying breath. I can see it.

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Speaker 1: I wonder if you know, on old like pre war cars,

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Speaker 1: there's that controller that like recharged the spark or whatever

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Speaker 1: you know on old pre war pre war cars. Yes, yes,

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Speaker 1: I wonder if when that thing went out, people were like,

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Speaker 1: I want to be able to control the spot.

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Speaker 2: I'm sure, I'm sure, I'm sure this is the this

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Speaker 2: is the state of humankind. Yes, but we should talk

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Speaker 2: about Volvo really, not to change the subject, but change

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Speaker 2: the subject. We should talk about Volvo because on the

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Speaker 2: complete other end of the spectrum, they just unveiled a

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Speaker 2: new electric car, the e X sixty, and we had

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Speaker 2: their president of the America's Luis Zende come and talk

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Speaker 2: to us actually one of the first interviews about the

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Speaker 2: launch and why they're moving towards evs and like further

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Speaker 2: away from fuel retardant switches.

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Speaker 1: When I was in Detroit. Yes, you were in China.

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Speaker 2: Yeah, I wish, I mean we need to get to China, Matt.

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Speaker 1: That was a joke because.

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Speaker 2: Yes, yes, and yeah, anyway that's coming up.

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Speaker 1: Well I'm looking forward to that. You know, I've did

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Speaker 1: you know that I've grown up with an all Volvo

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Speaker 1: family essentially.

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Speaker 2: I think you've mentioned that. Is that from your that's

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Speaker 2: from your mom?

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Speaker 1: Yeah? So well, exactly when my dad was a single man,

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Speaker 1: you know, he had cool cars. He had like a Mustang,

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Speaker 1: a sixties Mustang, and then he had Audi's like during

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Speaker 1: the sort of quattro phase. And then but when my mom,

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Speaker 1: he and my mom got married, we two forty, and

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Speaker 1: then we got another two forty, and then we got

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Speaker 1: uh what was it, like a seven forty, and then

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Speaker 1: we got like the eight thirty, and like continued Volvo Volvo, Volvo,

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Speaker 1: Volvo Volvo. And my mom just most recently, you know,

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Speaker 1: fifty years later, has got a new I think XC sixty.

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Speaker 1: So it's like constant in my family.

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Speaker 2: Is she interested at all in the electric Volvos that

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Speaker 2: are coming? Does she considering?

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Speaker 1: I don't think I always suggest this or that electric

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Speaker 1: car for her because she is the type you know,

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Speaker 1: she's super left wing, like cares about the environment kind

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Speaker 1: of person, but more important to her is like range,

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Speaker 1: and she drives from between Columbus and New York City

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Speaker 1: like on a at least monthly basis, like uh huh, ten twelve,

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Speaker 1: fifteen times a year.

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Speaker 2: So the reason I ask is because this EX sixty

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Speaker 2: has a range of over five hundred miles, which is

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Speaker 2: kind of insane.

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Speaker 1: Yeah, almost the entire trip.

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Speaker 2: Completely, and it's apparently it's price similarly to the XC sixty.

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Speaker 2: So I think to your point, Volvo is trying to

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Speaker 2: sort of work its way into those types of customers

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Speaker 2: that are really loyal to the brand that maybe if

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Speaker 2: we alleviate some of the range anxiety, they can make

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Speaker 2: some inroads. So now let's listen to my interview with

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Speaker 2: the Volvo President of the America's Luis Resende, as he

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Speaker 2: walks us through kind of what this new car means

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Speaker 2: for Vovo, where's it going and what do Volvo customers

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Speaker 2: really want. Louise, thank you so much for joining us.

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Speaker 2: This is a really exciting time for Volvo, and I

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Speaker 2: just would love to hear from you. Of course, we're

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Speaker 2: here to talk about your new car. Debut. What can

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Speaker 2: you tell us about the EX sixty and really why

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Speaker 2: it is so significant for Volvo in this moment.

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Speaker 3: Hey, it's a pleasure to be here and talk to you.

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Speaker 3: So this is a this is a very exciting moment

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Speaker 3: for Volvo and especially for me in this new role.

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Speaker 3: So I'm being in these roles in May twenty twenty

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Speaker 3: five heading of Americas and especially President of US. A

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Speaker 3: lot of challenges I had and we have and when

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Speaker 3: we have a new car always helps, right, So this

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Speaker 3: is this comes in a in a very a very

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Speaker 3: good moment. We're gonna it's a it's a lounge of

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Speaker 3: the car now in January, so we have it's called

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Speaker 3: e X sixty. So it's gonna be our ev that

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Speaker 3: is in the biggest segment that we have globally but

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Speaker 3: also in US. But we are very excited about it.

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Speaker 3: It's a new platform, it's a new UH, it's a

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Speaker 3: software defined vehicle. It's we have so many attributes to

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Speaker 3: this card to say that would be a very very

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Speaker 3: competitive model, if not saying will be one of the

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Speaker 3: best in the market.

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Speaker 2: I that okay, so so many questions, but you mentioned

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Speaker 2: a software defined vehicle and I know that this particular

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Speaker 2: car uses some great new technology Gemini and AI derived technology.

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Speaker 2: Can you just explain to us, you know, I think

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Speaker 2: maybe a lot of our listeners, like myself, AI is

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Speaker 2: relatively new. What do you mean by software defined and

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Speaker 2: what do you mean maybe by AI defined vehicle?

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Speaker 3: Yeah, software defined vehicle means that we have like a

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Speaker 3: car computer that is designed internally from Vobo. So instead

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Speaker 3: of having a lot of computers around, we have one

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Speaker 3: which brings us in terms of let's talk about what

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Speaker 3: is the benefit for the consumers, right, otherwise we're going

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Speaker 3: to be technology depart too much.

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Speaker 2: Yeah.

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Speaker 3: So the benefit for the consumer is that first the

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Speaker 3: car can be updated over the years, so it's not

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Speaker 3: something that we can you buy it, it's analogic and

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Speaker 3: then you get you sure. Yeah, So in we we're

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Speaker 3: going to have easily over their updates in the car.

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Speaker 3: So the software will be updated as we have today

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Speaker 3: in the in the ex nine as well, but the

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Speaker 3: software will be updated from time to time, which gives

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Speaker 3: a lot of new features for the consumer. Imagine as

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Speaker 3: it's a technology or solution that we are defining that

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Speaker 3: we needed to predict what consumers want and they don't

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Speaker 3: know what they really want now, imagine in four years,

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Speaker 3: but the car will be ready and prepared for that.

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Speaker 3: So this is this is fantastic. It changes how we

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Speaker 3: do make evaluation of a car. I used car, model

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Speaker 3: and et cetera. So it's a new era. I think Voltho.

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Speaker 3: We are very pleased that we are one of the

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Speaker 3: legacy brands. If you talk about legacy brands like US

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Speaker 3: with almost one hundred years seventy years in US, it's

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Speaker 3: one of those that can really say that we have

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Speaker 3: this car. So it's the second car in this in

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Speaker 3: this mode. The X ninety was the first. EX sixty

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Speaker 3: is the second in the line. But yeah, so for

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Speaker 3: the for the consumers, I mean, what what is what

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Speaker 3: is the benefits? So they have a better car over

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Speaker 3: the years, the car will be updated over the air

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Speaker 3: so they don't need to go to a store or

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Speaker 3: et cetera, like your iOS. You have some other benefits

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Speaker 3: like maintenance soft a car will be much lower because

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Speaker 3: we have less parts as we have this one core computer. Yeah,

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Speaker 3: so many benefits. I mean AI, you touch the point

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Speaker 3: of AI. So yes, we're gonna have a Google Gemini

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Speaker 3: in this in this car, which is will be brilliant.

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Speaker 3: I can give you examples, like for me coming into us,

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Speaker 3: leaving us new city, new places I can have I

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Speaker 3: can have a conversation with Google in a very nice way, show.

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Speaker 2: A humanistic way.

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Speaker 3: What is this place that I'm seeing? I mean, what

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Speaker 3: can you because they're going to be able to see

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Speaker 3: through our cameras, So Google, you use our cameras just

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Speaker 3: can what is around and this helps a lot. I

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Speaker 3: was driving with my wife and kids in Boston another

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Speaker 3: month and then we are just looking places. That was fantastic,

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Speaker 3: and then we said, oh, what is this looks like?

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Speaker 3: And then we need to do a Google search. Was

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Speaker 3: not as easy as if it was if the car

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Speaker 3: could help. So I think all technology must mean meaningful

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Speaker 3: for the consumers, and I think this one it is.

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Speaker 2: Well, that's something that we've talked about a lot. The

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Speaker 2: idea that I don't get the sense from, and you

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Speaker 2: can tell me if I'm wrong, but I don't get

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Speaker 2: the sense that people want technology just for technology's sake.

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Speaker 2: They want technology that is practical, that benefits and complements

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Speaker 2: their life and that doesn't get in the way of

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Speaker 2: their life. Is that also what you're seeing with your consumers.

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Speaker 3: In Volvo, we don't develop the technology for the sake

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Speaker 3: of technology. We develop this because we believe it's better

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Speaker 3: for the consumer. And that's why we are partnering with

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Speaker 3: Google Gemini in that sense, because we see that there

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Speaker 3: are so many things that can help. Also, if you

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Speaker 3: look into other technology aspects that consumers they don't see,

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Speaker 3: but they will understand it's getting better. Is the ability

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Speaker 3: of the car to learn, So the car will be

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Speaker 3: able to scan the area in terms of safety, the

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Speaker 3: car will be able to have processing so much faster

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Speaker 3: the data that they are collecting, and they're going to

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Speaker 3: learn and it's going to be better over the time.

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Speaker 3: So imagine how many users using the car close the globe.

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Speaker 3: How is the ability of this car to learn and

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Speaker 3: then once again coming back and protect our consumers uh

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Speaker 3: going forward? So that is that is something that we

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Speaker 3: we we we see as a technology working the benefit

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Speaker 3: of the.

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Speaker 2: Consumer and that is part of sort of the automotive

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Speaker 2: connectivity right that Volvo is developing. Is that part of

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Speaker 2: the Snapdragon partnership that you have done with Qualcomm.

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Speaker 3: Yes, Well, we have a Gemini with Google, we have

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Speaker 3: Nvidia and all of this. We have a new name,

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Speaker 3: which is he Hugan Carr.

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Speaker 2: Yes, that is that. I wanted to ask you about

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Speaker 2: that because this seems like the first time that Volvo

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Speaker 2: has marketed or or come out publicly with this internal name,

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Speaker 2: right that that you what what is the thinking behind it?

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Speaker 2: And can you say that word again so we all

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Speaker 2: know how to pronounce it?

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Speaker 3: Yeah, Hugen Core, Yeah, it's it's uh, it's what we

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Speaker 3: have decided to name because as we said, it's uh,

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Speaker 3: it's a fantastic project that we were able to put

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Speaker 3: together software defined vehicle, together with Go Go, together with

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Speaker 3: U Nvidia processing data. So it's so many things and

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Speaker 3: qualcom so it's so many things that I think it

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Speaker 3: deserves a name. Normally Involvo we are a little bit

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Speaker 3: more let's say, shy, not humble, but now I think

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Speaker 3: we need to come and and really out selling out market.

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Speaker 3: What we are doing great and this is great and

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Speaker 3: again going into the into the direction of our DNA

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Speaker 3: that is safety, that is Scandinavian design, so everything goes inside,

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Speaker 3: not losing our our our heritage that we have in Volvo, that's.

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Speaker 2: Volvo President of the America's Luis Resende. More of our

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Speaker 2: conversation after this break, including how Volvo is using AI

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Speaker 2: to work toward a goal of zero auto related deaths,

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Speaker 2: and it's cars. I'm Hannah Elliott and you're listening to

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Speaker 2: Hot Pursuit. Welcome back to Hot Pursuit with Matt Miller.

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Speaker 2: I'm Hannah Elliott.

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Speaker 1: We're gonna dig in deeper to your Volvo president interview,

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Speaker 1: but can we first talk about the piece you wrote

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Speaker 1: on AI because it really struck a nerve with me,

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Speaker 1: and I want to get first your take on what

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Speaker 1: you were driving and how AI it was, and what

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Speaker 1: your what your reaction or what your.

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Speaker 2: Takeaway is, how AI it was is the question that

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Speaker 2: we are all we are all learning. This was a

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Speaker 2: drive and the new Mercedes been CLA. This is their

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Speaker 2: new entry level Sitan. This was a totally electric car.

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Speaker 2: They are coming out with a hybrid version in the

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Speaker 2: middle of the year. But the CLA starts at forty

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Speaker 2: seven and fifty dollars, which I think is a very

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Speaker 2: very good value. Mercedes is trying to see if they

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Speaker 2: lunch again. Forty seven thousand dollars to forty and fifty.

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Speaker 1: Dollars, that's how much it starts for.

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Speaker 2: Forty seven grand yep, all electric, all electric. And this

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Speaker 2: is Mercedes trying to eat some of Tesla's pie. So wait,

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Speaker 2: does that sound bad?

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Speaker 1: Eat some of Tesla's lunch?

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Speaker 2: Yeah, this is this is Mercedes trying to break into

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Speaker 2: some of Tesla's market share with offering a totally electric,

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Speaker 2: rather affordable sedan. I really liked it. The thing that

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Speaker 2: I was really evaluating when I drove this car in

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Speaker 2: San Francisco was the new Drive Assist Pro system that

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Speaker 2: is available through a subscription. You can subscribe to it.

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Speaker 2: It downloads over the air, and basically this is like

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Speaker 2: the most advanced AI driving system you can buy period.

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Speaker 2: Mercedes developed it with Nvidia, and I really like it. Nvidia,

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Speaker 2: of course, develops driving programs for a host of automakers

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Speaker 2: including like Toyota and Volvo and Ribbean. This is the

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Speaker 2: into in stack, completely into in stack developed for Mercedes

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Speaker 2: that uses a combination of cameras and radars and ultrasonic

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Speaker 2: sensors to basically drive the car. You basically put in

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Speaker 2: a destination and the car drives itself there.

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Speaker 1: Wait do you I mean like you pull out of

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Speaker 1: the driveway or and then it goes or like it.

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Speaker 2: Can pull out of some driveways. I would say this

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Speaker 2: is not perfect, like some valet situations are a little

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Speaker 2: bit tricky and it can't quite navigate that yet. But

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Speaker 2: the I would say the progress here is that this

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Speaker 2: system seems more human like in that it will roll

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Speaker 2: through yellow lights, and it knows when it can turn

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Speaker 2: right on red and when it cannot turn right on red.

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Speaker 2: You know, sometimes that's a difference. This system will nudge

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Speaker 2: out in a lane to avoid a big rain puddle,

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Speaker 2: and it will automatically nudge out to avoid like if

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Speaker 2: a van is parked double parked and loading something. It

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Speaker 2: will adjust to that without canceling the whole navigation, which

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Speaker 2: was kind of great. And it will also allow you

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Speaker 2: to if you do want to adjust adjust you can

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Speaker 2: make adjustments on the steering wheel and it will still

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Speaker 2: continue driving the route.

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Speaker 1: It's not like it doesn't.

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Speaker 2: It doesn't exactly. So these are all very subtle advances,

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Speaker 2: but they are really advances, and all together they add

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Speaker 2: up to making it feel pretty fun.

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Speaker 1: Really is your I mean, do you have to really

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Speaker 1: still be paying attention or can you like read the paper.

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Speaker 2: You can't read the paper, you still have to pay attention.

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Speaker 2: It is monitoring whether you're looking straight ahead and whether

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Speaker 2: your your eyes are awake. You don't have to touch

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Speaker 2: the steering wheel, but somehow the car does monitor you

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Speaker 2: being alert so that nap you can't nap. That would

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Speaker 2: be like level three and beyond. Really that is where

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Speaker 2: the threshold that we cross over into. Basically the automaker

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Speaker 2: assumes responsibility for the car rather than the driver. At

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Speaker 2: this point, you the driver, are still ultimately responsible for

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Speaker 2: if anything happens. So that's the big, basically moon shot leap.

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Speaker 2: Once we get to level three, which we're not there yet,

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Speaker 2: then the automaker takes responsibility if there's any incident.

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Speaker 1: So but I mean it's clear that we're getting there, right,

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Speaker 1: I mean, yeah, and we're getting there. So I wonder

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Speaker 1: for someone especially like you, who loves to drive and

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Speaker 1: you love, you know, an engaging experience where you do

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Speaker 1: have to pay extra close attention. Right, some of the

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Speaker 1: cars that you love to drive are a little dangerous

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Speaker 1: if you're not. But also someone like you who lives

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Speaker 1: in LA and spends a lot of time in traffic,

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Speaker 1: what do you think about self driving?

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Speaker 2: I loved it, and I was surprised that I loved it,

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Speaker 2: but I really did. Because here's the thing. Commuting isn't

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Speaker 2: driving for me. Like sitting in traffic on Sunset Boulevard

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Speaker 2: for an hour while I try to get to work

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Speaker 2: in the morning, is not fun driving Driving down Sunset

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Speaker 2: early morning or late at night, when you have the

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Speaker 2: amazing iconic views and the lights and open road in

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Speaker 2: front of you, that's driving. That's what I love. But

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Speaker 2: I am very happy to like text on my phone

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Speaker 2: and look at Instagram while I'm sitting in traffic and

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Speaker 2: letting the car just do the five to ten to

438
00:24:36,040 --> 00:24:39,119
Speaker 2: fifteen mile per hour driving that needs to be done.

439
00:24:40,520 --> 00:24:43,680
Speaker 2: I think we can have both. Why can't we have both?

440
00:24:43,720 --> 00:24:46,760
Speaker 2: And why can't we have some amazing driving cars. Give

441
00:24:46,800 --> 00:24:50,440
Speaker 2: them sure, give them a manual gearbox, give them internal

442
00:24:50,480 --> 00:24:54,080
Speaker 2: combustion engines, give them whatever you want. And also, yeah,

443
00:24:54,119 --> 00:24:56,960
Speaker 2: we're gonna have hybrids for some jobs, and we're gonna

444
00:24:57,000 --> 00:24:59,840
Speaker 2: have evs, and we're gonna have some self driving cars. Love. I'

445
00:25:00,080 --> 00:25:03,760
Speaker 2: big fan of Weimo. I think Waimo's the future. This car,

446
00:25:03,960 --> 00:25:07,439
Speaker 2: the CLA with the NBA drive assist Pro felt the

447
00:25:07,440 --> 00:25:10,840
Speaker 2: closest to Weaimo that I felt in a private vehicle.

448
00:25:11,359 --> 00:25:14,120
Speaker 2: So if anyone has driven in a Waimo or even

449
00:25:14,160 --> 00:25:17,000
Speaker 2: a Zukes which is coming up. This car felt pretty

450
00:25:17,000 --> 00:25:18,359
Speaker 2: similar to that, which was awesome.

451
00:25:18,720 --> 00:25:19,160
Speaker 1: Zekes.

452
00:25:19,800 --> 00:25:24,480
Speaker 2: Yeah, Zukes. It's another driving platform. They're testing in like

453
00:25:24,520 --> 00:25:28,520
Speaker 2: San Francisco, and I I've seen them in LA. They're

454
00:25:28,600 --> 00:25:31,800
Speaker 2: testing yet. I don't think they're fully public, but that's

455
00:25:31,840 --> 00:25:36,040
Speaker 2: another one, and I do think, especially in urban centers,

456
00:25:36,080 --> 00:25:39,440
Speaker 2: this is the future, which is exciting.

457
00:25:39,920 --> 00:25:42,880
Speaker 1: So I agree. And actually I was reading your story

458
00:25:44,320 --> 00:25:47,000
Speaker 1: a couple of days ago and I made some notes.

459
00:25:47,359 --> 00:25:49,359
Speaker 1: Oh tell me, I wrote a little note to myself

460
00:25:49,359 --> 00:25:52,919
Speaker 1: because I was moved by it in a way. So

461
00:25:53,800 --> 00:25:56,760
Speaker 1: I think I agree self driving cars are awesome, and

462
00:25:56,800 --> 00:26:00,600
Speaker 1: I think in the truest sense of the word, meaning

463
00:26:00,960 --> 00:26:06,679
Speaker 1: like it's awe inspiring to witness and to feel the

464
00:26:06,760 --> 00:26:11,760
Speaker 1: transition from what we know and what even today kids know,

465
00:26:11,880 --> 00:26:14,119
Speaker 1: like this is the last generation that will witness this

466
00:26:14,240 --> 00:26:17,720
Speaker 1: kind of transition that understands foot in both worlds. Yes,

467
00:26:18,080 --> 00:26:21,960
Speaker 1: and I think like, regardless of your take on the technology,

468
00:26:22,240 --> 00:26:25,080
Speaker 1: eventually what it means for society, like your kids, like

469
00:26:25,119 --> 00:26:27,520
Speaker 1: no one's gonna want to drive anymore. Maybe you think

470
00:26:27,560 --> 00:26:33,520
Speaker 1: that I think everyone should stop and experience the joy

471
00:26:34,280 --> 00:26:39,399
Speaker 1: of living through this insane transition. And as I was

472
00:26:39,440 --> 00:26:42,640
Speaker 1: reading your story, I had just read Rodent Track had

473
00:26:42,720 --> 00:26:47,040
Speaker 1: a piece about like the US highway system, and they

474
00:26:47,040 --> 00:26:51,280
Speaker 1: were saying it is it was one of the biggest,

475
00:26:51,320 --> 00:26:55,920
Speaker 1: most important turning points in like ground transportation. You've got

476
00:26:55,920 --> 00:26:59,600
Speaker 1: the invention of the combustion engine whenever that was, and

477
00:26:59,640 --> 00:27:04,199
Speaker 1: then like Henry Ford's mass production, and then like the

478
00:27:04,280 --> 00:27:08,520
Speaker 1: highway system, which at the time was the biggest construction

479
00:27:08,920 --> 00:27:13,920
Speaker 1: project that mankind had ever you know, attempted, and we've

480
00:27:13,960 --> 00:27:17,600
Speaker 1: now accomplished. And so I National Geographic when they were

481
00:27:17,640 --> 00:27:21,480
Speaker 1: writing about the highway system in the sixties said Americans

482
00:27:21,520 --> 00:27:24,159
Speaker 1: are living in the midst of a miracle. And I

483
00:27:24,200 --> 00:27:26,840
Speaker 1: think that's what we're seeing right now with self driving

484
00:27:27,280 --> 00:27:30,879
Speaker 1: as well. So I just think it's so cool. And

485
00:27:30,920 --> 00:27:36,480
Speaker 1: then for the enthusiasts out there, I think I agree

486
00:27:36,480 --> 00:27:39,360
Speaker 1: with you that commuting is not the same as driving,

487
00:27:39,800 --> 00:27:42,800
Speaker 1: but they get kind of blurred, and some people don't

488
00:27:42,840 --> 00:27:45,160
Speaker 1: care about the cars that cars that much because they

489
00:27:45,840 --> 00:27:48,720
Speaker 1: are only commuting. But I think if you separate these

490
00:27:48,760 --> 00:27:51,560
Speaker 1: two activities well enough, and self driving will do that,

491
00:27:52,280 --> 00:27:58,120
Speaker 1: then the self driving sort of technology will spur more

492
00:27:58,200 --> 00:28:02,080
Speaker 1: people to explore and enthusiast driving as a hobby or

493
00:28:02,119 --> 00:28:05,800
Speaker 1: a pastime, you know, and like for me, if I

494
00:28:05,840 --> 00:28:08,760
Speaker 1: can self drive commute to work, then sometimes I'll be like,

495
00:28:08,840 --> 00:28:11,280
Speaker 1: you know what, I want to go just drive to drive. Okay,

496
00:28:11,320 --> 00:28:13,320
Speaker 1: I do that all the time anyway, but I'll do

497
00:28:13,359 --> 00:28:16,080
Speaker 1: it more and with more intentionally, if you know what

498
00:28:16,080 --> 00:28:19,560
Speaker 1: I mean. So I think it's really really cool.

499
00:28:19,880 --> 00:28:23,719
Speaker 2: I mean, we're not all riding horses out there like

500
00:28:23,840 --> 00:28:27,320
Speaker 2: everybody used to in the wild West, but that doesn't

501
00:28:27,359 --> 00:28:31,720
Speaker 2: mean that there isn't a wonderful, vibrant community of equestrians

502
00:28:32,200 --> 00:28:34,840
Speaker 2: and enthusiasts and people who love them.

503
00:28:35,320 --> 00:28:39,400
Speaker 1: I think that I hear that. I hear that analogy

504
00:28:39,440 --> 00:28:43,400
Speaker 1: a lot, and it makes obviously good sense. But it's

505
00:28:43,480 --> 00:28:46,680
Speaker 1: much more difficult to keep a horse than it is

506
00:28:47,320 --> 00:28:49,000
Speaker 1: to keep a car. Even if we move to a

507
00:28:49,040 --> 00:28:53,120
Speaker 1: future where everybody uses way mos and then probably wealthy

508
00:28:53,160 --> 00:28:57,080
Speaker 1: people will have their own way moos, you know, even

509
00:28:57,280 --> 00:29:00,080
Speaker 1: maybe middle class people will aspire to and they'll all

510
00:29:00,120 --> 00:29:02,560
Speaker 1: have their own kind of way mods. And we've got

511
00:29:02,600 --> 00:29:08,240
Speaker 1: into the commoditized vehicle world already, where like a model

512
00:29:08,320 --> 00:29:12,600
Speaker 1: why is just like this uninspiring hunk of thing that's

513
00:29:12,600 --> 00:29:15,280
Speaker 1: built to commute you to work and back and cost

514
00:29:15,320 --> 00:29:18,760
Speaker 1: thirty thousand dollars. But people will still be able to

515
00:29:18,800 --> 00:29:23,360
Speaker 1: have cars to drive and enjoy because you're still have

516
00:29:23,880 --> 00:29:25,600
Speaker 1: at least a lot of people still have a house

517
00:29:25,640 --> 00:29:28,320
Speaker 1: with a garage attached to it. And you don't have

518
00:29:28,400 --> 00:29:31,480
Speaker 1: to feed your car every day. You know, you don't

519
00:29:31,520 --> 00:29:34,440
Speaker 1: have to pet it or groom it. You can leave

520
00:29:34,440 --> 00:29:37,000
Speaker 1: it in the garage for an extended number of days

521
00:29:37,080 --> 00:29:38,800
Speaker 1: or weeks and it's still going to work just as

522
00:29:38,800 --> 00:29:41,000
Speaker 1: well when you get it out. So I think it'll

523
00:29:41,000 --> 00:29:45,960
Speaker 1: be easier for people to hold on to and real

524
00:29:46,440 --> 00:29:49,840
Speaker 1: you know, what do you call the opposite of self

525
00:29:49,880 --> 00:29:55,560
Speaker 1: driving cars, like manual driving human vehicles? Yeah, So anyway,

526
00:29:55,600 --> 00:29:57,920
Speaker 1: I just think it's a really cool thing that we're watching,

527
00:29:57,920 --> 00:30:00,840
Speaker 1: that we're witnessing. And I also don't think it's gonna

528
00:30:00,880 --> 00:30:06,960
Speaker 1: make enthusiasts driving less exciting. In fact, I think it'll

529
00:30:07,000 --> 00:30:07,600
Speaker 1: make it more.

530
00:30:07,840 --> 00:30:11,800
Speaker 2: Totally agree, And I do want to say I have

531
00:30:12,040 --> 00:30:16,360
Speaker 2: huge reservations about some uses of AI. I'm not a

532
00:30:16,400 --> 00:30:19,160
Speaker 2: complete fan of every use of AI. I think it

533
00:30:19,480 --> 00:30:22,760
Speaker 2: could be really dangerous and really harmful for a lot

534
00:30:22,760 --> 00:30:24,040
Speaker 2: of aspects of humanity.

535
00:30:24,120 --> 00:30:25,520
Speaker 1: Definitely humanity.

536
00:30:25,680 --> 00:30:29,880
Speaker 2: Yeah, And I also think a lot lots of segments

537
00:30:30,280 --> 00:30:32,920
Speaker 2: in this huge AI boom that we're seeing right now,

538
00:30:33,160 --> 00:30:36,120
Speaker 2: they're kind of they're not real. They're they're not real,

539
00:30:36,160 --> 00:30:42,240
Speaker 2: They're they're speculative, and I think those will eventually fall away.

540
00:30:42,440 --> 00:30:46,400
Speaker 2: But I do think the AI applications in the automotive

541
00:30:46,440 --> 00:30:49,960
Speaker 2: industry are real, and we're already seeing that.

542
00:30:50,120 --> 00:30:55,400
Speaker 1: Well hopefully also in pharma, right and education and anyway.

543
00:30:55,520 --> 00:30:58,520
Speaker 1: I just think I thought it was a great story. Thanks,

544
00:30:58,680 --> 00:31:01,400
Speaker 1: nice job on that one to do. Hopefully we get

545
00:31:01,400 --> 00:31:03,680
Speaker 1: a lot of feedback. We've gotten some pretty good viewer mail.

546
00:31:03,720 --> 00:31:04,480
Speaker 1: Have you seen.

547
00:31:04,680 --> 00:31:07,280
Speaker 2: We I mean, should we do some viewer mail? Well

548
00:31:07,360 --> 00:31:10,240
Speaker 2: maybe at the end. I love hearing from you guys.

549
00:31:10,520 --> 00:31:15,480
Speaker 1: I just I got in such an inspiring message from

550
00:31:15,560 --> 00:31:18,680
Speaker 1: this guy, Hardy. I won't say his whole name, but

551
00:31:19,600 --> 00:31:22,720
Speaker 1: I was in the middle of my live television program.

552
00:31:22,840 --> 00:31:26,360
Speaker 1: So like my day job is, I have to anchor

553
00:31:26,400 --> 00:31:30,400
Speaker 1: a show on cable TV about financial news, and I mean,

554
00:31:30,440 --> 00:31:34,160
Speaker 1: I love it. But when I got this message from

555
00:31:34,200 --> 00:31:37,719
Speaker 1: this dude, I was so inspired that I had to

556
00:31:37,760 --> 00:31:41,280
Speaker 1: immediately answer, even as I was interviewing Liz Anne Sanders,

557
00:31:41,280 --> 00:31:45,479
Speaker 1: the chief market strategist for God. You know, so no

558
00:31:45,520 --> 00:31:47,480
Speaker 1: I won't, but I'm well too late. If she listens,

559
00:31:47,960 --> 00:31:50,640
Speaker 1: and she is a car she loves cars, shes get it.

560
00:31:51,040 --> 00:31:55,840
Speaker 1: She has a very cool chariot. But I just had

561
00:31:55,840 --> 00:31:58,200
Speaker 1: to write back to this guy because he's in such

562
00:31:58,200 --> 00:32:02,800
Speaker 1: an I think enviable position that I dream about all

563
00:32:02,840 --> 00:32:07,280
Speaker 1: the time. He's reached his retirement. He's he's been frugal,

564
00:32:07,720 --> 00:32:10,920
Speaker 1: I guess, with his money, and he's built a nest

565
00:32:10,960 --> 00:32:14,280
Speaker 1: egg that he can you know, spend the rest of

566
00:32:14,320 --> 00:32:18,040
Speaker 1: his silver and golden years, you know, enjoying. And he

567
00:32:18,280 --> 00:32:22,120
Speaker 1: is ready to get like a fun sports car toy,

568
00:32:22,200 --> 00:32:25,840
Speaker 1: and he's got an amazing selection from which to choose, yes,

569
00:32:25,920 --> 00:32:30,000
Speaker 1: And I just thought, it's it's so great, dude, He's

570
00:32:30,160 --> 00:32:32,920
Speaker 1: living the effing dream, you know. Yeah.

571
00:32:32,960 --> 00:32:35,600
Speaker 2: And you know what came through for me with this

572
00:32:35,680 --> 00:32:39,440
Speaker 2: email from Hardy is that he's doing it for himself.

573
00:32:39,600 --> 00:32:41,880
Speaker 2: He doesn't want it, he doesn't need to impress anyone.

574
00:32:42,120 --> 00:32:45,000
Speaker 2: He's already done all the things. He just wants something

575
00:32:45,000 --> 00:32:49,440
Speaker 2: that he can truly enjoy, enjoy. And he does list

576
00:32:49,480 --> 00:32:52,840
Speaker 2: a couple options. We're talking about something that might be

577
00:32:53,160 --> 00:32:56,560
Speaker 2: one hundred grand or less, right, and he's considering a

578
00:32:56,600 --> 00:32:59,640
Speaker 2: Golf are a BMW M two forty I and an

579
00:32:59,680 --> 00:33:02,360
Speaker 2: out are S three? Are there others that you think

580
00:33:02,400 --> 00:33:03,200
Speaker 2: should go on that list?

581
00:33:03,200 --> 00:33:03,440
Speaker 3: Matt?

582
00:33:03,880 --> 00:33:08,160
Speaker 1: I told him, so, I think the BMW is the

583
00:33:08,240 --> 00:33:12,800
Speaker 1: killer choice of those. Having said that, I haven't driven

584
00:33:12,880 --> 00:33:15,840
Speaker 1: a new Golf R or a new Audi RS three.

585
00:33:15,840 --> 00:33:18,760
Speaker 1: I've driven previous versions of those cars. But I spent

586
00:33:19,280 --> 00:33:23,440
Speaker 1: some time in the BMW M two forty. But I said, look,

587
00:33:23,600 --> 00:33:27,920
Speaker 1: you should cast a little bit of a wider web,

588
00:33:28,040 --> 00:33:30,600
Speaker 1: and for me, like, since he's going in this direction,

589
00:33:30,920 --> 00:33:33,440
Speaker 1: I would look at other BMW's. So the M two

590
00:33:34,000 --> 00:33:37,479
Speaker 1: I was looking for him on like Auto Trainer and

591
00:33:37,560 --> 00:33:42,200
Speaker 1: car Gurus, and you can find like last year or

592
00:33:42,240 --> 00:33:46,360
Speaker 1: two years old M two with a stick and only

593
00:33:46,400 --> 00:33:48,800
Speaker 1: a few thousand miles for sixty grand. Like that's a.

594
00:33:48,880 --> 00:33:49,840
Speaker 2: Killer, that's awesome.

595
00:33:50,000 --> 00:33:55,000
Speaker 1: That car is a rocket, Like, yeah, it is BMW's

596
00:33:55,040 --> 00:33:56,920
Speaker 1: Like that's the one I would like to have, probably

597
00:33:56,960 --> 00:34:00,920
Speaker 1: the most right now, except for I keep thinking about

598
00:34:01,040 --> 00:34:03,800
Speaker 1: I can't stop thinking about the Z four that I

599
00:34:03,880 --> 00:34:07,160
Speaker 1: drove last summer, which is their drop top roadster.

600
00:34:08,880 --> 00:34:10,359
Speaker 2: It also if that was going to come.

601
00:34:10,320 --> 00:34:13,000
Speaker 1: Up, it also comes with a stick and it's not

602
00:34:13,080 --> 00:34:20,319
Speaker 1: a rocket. But it's such an honest, like what's the

603
00:34:20,440 --> 00:34:22,920
Speaker 1: woke word now when you want to be your true

604
00:34:22,960 --> 00:34:28,640
Speaker 1: self authentic, it's such an authentic automotive experience that I

605
00:34:28,760 --> 00:34:30,600
Speaker 1: just cannot get it out of my head. And I

606
00:34:30,640 --> 00:34:33,360
Speaker 1: love the way it looks, and I love the top down,

607
00:34:33,520 --> 00:34:36,960
Speaker 1: and so I told him, like, consider those two other vehicles,

608
00:34:36,960 --> 00:34:39,400
Speaker 1: But what a great position this guy is.

609
00:34:39,560 --> 00:34:41,759
Speaker 2: Yeah, I love it. I love it, and yeah, I

610
00:34:41,840 --> 00:34:45,480
Speaker 2: just like that he is like, this isn't about anything

611
00:34:45,480 --> 00:34:50,200
Speaker 2: other than he just wants something fun. And he mentions too,

612
00:34:50,320 --> 00:34:52,960
Speaker 2: driving a slow car fast that's kind of the best.

613
00:34:53,520 --> 00:34:56,400
Speaker 1: And he has an incredible experience because he's a former

614
00:34:56,440 --> 00:35:00,799
Speaker 1: motorcycle racer slash rider, and so he knows as I do,

615
00:35:00,920 --> 00:35:04,879
Speaker 1: that you don't always want the you know, Kawasaki H two.

616
00:35:05,000 --> 00:35:09,520
Speaker 1: It doesn't make any sense to have even like the

617
00:35:09,600 --> 00:35:13,040
Speaker 1: Dukati V four on the street, Like you're gonna have

618
00:35:13,160 --> 00:35:17,759
Speaker 1: just as much fun on a you know, like a

619
00:35:17,800 --> 00:35:21,279
Speaker 1: Triumph T twenty or something. Anyways, we got a lot

620
00:35:21,320 --> 00:35:24,239
Speaker 1: of good messages, but I think that was the best one.

621
00:35:24,280 --> 00:35:26,080
Speaker 1: People really loved our Porsche episode.

622
00:35:26,160 --> 00:35:29,800
Speaker 2: Have you noticed that, yes, I also saw that email

623
00:35:29,840 --> 00:35:32,480
Speaker 2: from Giles. Did you see that about the two thousand

624
00:35:32,480 --> 00:35:34,040
Speaker 2: and six Carrera C four A.

625
00:35:34,320 --> 00:35:36,560
Speaker 1: Yes, A lot of people agreed with me. I don't

626
00:35:36,560 --> 00:35:38,880
Speaker 1: want to get too deep, back deep into the nine

627
00:35:38,920 --> 00:35:39,480
Speaker 1: to eleven things.

628
00:35:39,520 --> 00:35:41,839
Speaker 2: No, we can't, we can't. We have to keep moving forward.

629
00:35:41,960 --> 00:35:44,240
Speaker 1: Yeah, let's do that. Let's do that. In fact, let's

630
00:35:44,239 --> 00:35:47,960
Speaker 1: take a break and then come back and listen to

631
00:35:48,000 --> 00:35:51,080
Speaker 1: the rest of your interview with the US head of

632
00:35:51,120 --> 00:35:52,400
Speaker 1: AOL though, shall we.

633
00:35:52,920 --> 00:35:53,560
Speaker 2: Let's do it.

634
00:35:53,960 --> 00:35:55,120
Speaker 1: This is Hot Pursuit.

635
00:36:00,760 --> 00:36:03,560
Speaker 2: Welcome back to Hot Pursuit. I'm Hannah Elliott along with

636
00:36:03,560 --> 00:36:04,120
Speaker 2: Matt Miller.

637
00:36:04,440 --> 00:36:06,800
Speaker 1: More of Hannah's conversation now with Volvo President of the

638
00:36:06,840 --> 00:36:08,719
Speaker 1: America's Luis Risende.

639
00:36:09,200 --> 00:36:13,719
Speaker 2: What are the considerations that Volvo is taking around safety?

640
00:36:13,840 --> 00:36:17,520
Speaker 2: And we ask, knowing that so many consumers love Volvo

641
00:36:17,719 --> 00:36:22,080
Speaker 2: because of your safety track record. It's really considered such

642
00:36:22,120 --> 00:36:25,720
Speaker 2: a safe brand that has really been sort of your call,

643
00:36:26,200 --> 00:36:29,360
Speaker 2: your calling card in a way, What are the concerns

644
00:36:29,440 --> 00:36:33,680
Speaker 2: and how are you addressing that but also educating people

645
00:36:33,719 --> 00:36:36,240
Speaker 2: about the safety of these new technologies in the cars.

646
00:36:37,440 --> 00:36:40,440
Speaker 3: Yeah, I know, you're right, I mean, we have we

647
00:36:40,480 --> 00:36:42,719
Speaker 3: are so proud of our safety. I mean, we have

648
00:36:42,840 --> 00:36:48,239
Speaker 3: so many examples by not ours. The seat belt I

649
00:36:48,239 --> 00:36:48,719
Speaker 3: think is.

650
00:36:48,719 --> 00:36:52,000
Speaker 2: I was just going to say the seat belts is imblematic.

651
00:36:52,560 --> 00:36:57,359
Speaker 3: Yes, and we were able to really improve the seat

652
00:36:57,440 --> 00:36:59,960
Speaker 3: belt technology on the Ex sixty. Now it's going to

653
00:37:00,040 --> 00:37:05,279
Speaker 3: be adjustable, so it's different if we see the car

654
00:37:05,680 --> 00:37:11,120
Speaker 3: man woman depending on the size eight weight, so it varies.

655
00:37:11,520 --> 00:37:14,160
Speaker 3: And I think this is some doing the research that

656
00:37:14,200 --> 00:37:17,359
Speaker 3: we were doing, we understand that could be better, and

657
00:37:17,360 --> 00:37:19,719
Speaker 3: this is why we are launching this car a new

658
00:37:19,840 --> 00:37:23,520
Speaker 3: adjustable seat belt, which is gonna be Yeah, it's a

659
00:37:23,680 --> 00:37:26,360
Speaker 3: it's a it's a fantastic thing. Uh, it's going to

660
00:37:26,400 --> 00:37:30,160
Speaker 3: protect even more. So yeah, we we we need to

661
00:37:30,239 --> 00:37:34,239
Speaker 3: understand that the technology itself, it's it's good, but it

662
00:37:34,400 --> 00:37:37,080
Speaker 3: needs to interact with human and we have a different

663
00:37:37,120 --> 00:37:41,600
Speaker 3: age so also and the background, so we're gonna have

664
00:37:42,600 --> 00:37:46,200
Speaker 3: people that comes from different generations that needs to interact

665
00:37:46,239 --> 00:37:49,200
Speaker 3: with that and people that are much more technology that

666
00:37:49,239 --> 00:37:52,080
Speaker 3: will be a little bit more easier to understand. But

667
00:37:52,200 --> 00:37:56,879
Speaker 3: putting all aspects and uh, and also understanding that it's

668
00:37:56,880 --> 00:37:59,480
Speaker 3: not all vocals in the roads. So we we have

669
00:37:59,600 --> 00:38:02,480
Speaker 3: a we have a different type of vehicles and technology

670
00:38:02,480 --> 00:38:05,439
Speaker 3: in the road. So we have all of these incosiderations

671
00:38:05,440 --> 00:38:07,680
Speaker 3: when we develop our cars to make sure that we

672
00:38:07,760 --> 00:38:11,759
Speaker 3: protect ourselves, the people that are inside, but also outside.

673
00:38:12,360 --> 00:38:17,640
Speaker 3: So safety will remains our our main, our main, Uh,

674
00:38:18,080 --> 00:38:21,200
Speaker 3: it's our DNA as I said. And also I would

675
00:38:21,200 --> 00:38:25,280
Speaker 3: say we have we don't develop cars to pass through

676
00:38:25,320 --> 00:38:31,040
Speaker 3: the tests. I mean we develop cars to face real, real,

677
00:38:31,640 --> 00:38:35,560
Speaker 3: real scenarios in the in the consumer's life, which means

678
00:38:35,560 --> 00:38:40,560
Speaker 3: that our basics, our standards for VOW voice, standards to

679
00:38:40,560 --> 00:38:44,160
Speaker 3: to to crash tests our cars are much higher than

680
00:38:44,600 --> 00:38:48,960
Speaker 3: I would say, what is implicity today in the in

681
00:38:49,000 --> 00:38:52,279
Speaker 3: the tests that we see across the globe, so which

682
00:38:52,360 --> 00:38:55,520
Speaker 3: makes us very comfortable about it. But it seems that

683
00:38:56,280 --> 00:38:59,480
Speaker 3: we still have a vision that should be zero zero death. Uh,

684
00:39:00,040 --> 00:39:03,600
Speaker 3: this is a vision that we have with us and

685
00:39:03,680 --> 00:39:06,920
Speaker 3: we work very hard to achieve this one day.

686
00:39:07,160 --> 00:39:11,000
Speaker 2: How does implementing AI and as we move more and

687
00:39:11,040 --> 00:39:15,080
Speaker 2: more into autonomous se might you know self driving cars?

688
00:39:17,360 --> 00:39:22,560
Speaker 2: Does the introduction of that technology, the autonomous driving technology

689
00:39:22,719 --> 00:39:29,680
Speaker 2: potentially help you get closer to that goal of zero deaths?

690
00:39:30,040 --> 00:39:33,839
Speaker 3: There are some aspects of it that the car will

691
00:39:33,880 --> 00:39:38,440
Speaker 3: be much faster reacting on the versus human like the

692
00:39:38,480 --> 00:39:42,360
Speaker 3: ability of car to predict an accident based on the

693
00:39:43,280 --> 00:39:47,200
Speaker 3: all the accidents that the car learned before will be

694
00:39:47,640 --> 00:39:51,319
Speaker 3: will be very will be very very good. But I

695
00:39:51,360 --> 00:39:55,520
Speaker 3: would say still need a human. I mean, I'm a

696
00:39:55,520 --> 00:39:57,480
Speaker 3: big fan of AI, but I'm a big fan of

697
00:39:57,600 --> 00:40:01,040
Speaker 3: human as well. So I believe, I believe the human

698
00:40:01,440 --> 00:40:05,040
Speaker 3: looking to this will not be will not be replaced.

699
00:40:05,239 --> 00:40:07,680
Speaker 3: I mean, we needed to have humans to make the

700
00:40:07,800 --> 00:40:13,120
Speaker 3: right interpretation of the things that is that is uh,

701
00:40:13,320 --> 00:40:15,200
Speaker 3: that that needs to be there. We were in a

702
00:40:15,280 --> 00:40:20,279
Speaker 3: safety centered conversation with the head of safety center in

703
00:40:19,880 --> 00:40:25,919
Speaker 3: Involval also and when we asked this to her, she said,

704
00:40:26,000 --> 00:40:29,319
Speaker 3: it accelerates a lot the the the the ability of

705
00:40:29,400 --> 00:40:34,720
Speaker 3: us processing data. It's much faster than However, we still

706
00:40:34,760 --> 00:40:38,279
Speaker 3: have the experts looks in order to make sure that

707
00:40:38,480 --> 00:40:43,040
Speaker 3: the combination of everything goes into this direction. So it's

708
00:40:43,239 --> 00:40:46,959
Speaker 3: uh that that's to me is still very very valid point.

709
00:40:47,080 --> 00:40:51,080
Speaker 3: And again with all the technology that evolves, if you

710
00:40:51,160 --> 00:40:55,040
Speaker 3: look into previous eras we had the Internet that was

711
00:40:55,400 --> 00:41:00,359
Speaker 3: let's say, before AI was Internet, Before Internet was the ticks,

712
00:41:00,480 --> 00:41:03,600
Speaker 3: the big the big thing that you could difference yourself.

713
00:41:04,239 --> 00:41:07,600
Speaker 3: And with all of that. Uh, there was always a

714
00:41:07,760 --> 00:41:14,400
Speaker 3: question about the AI, if it's going to replace the humor.

715
00:41:13,920 --> 00:41:15,880
Speaker 2: If the human the robots are taking over.

716
00:41:16,800 --> 00:41:20,400
Speaker 3: Exactly, and that did not happen because we need we

717
00:41:20,440 --> 00:41:23,400
Speaker 3: need humans to think about the robotics. We need humans

718
00:41:23,440 --> 00:41:26,520
Speaker 3: to think about the next part of it and to

719
00:41:26,640 --> 00:41:29,880
Speaker 3: execute them in a nice way. So, yes, some of

720
00:41:29,920 --> 00:41:33,120
Speaker 3: the job can be done by the by the by

721
00:41:33,160 --> 00:41:37,160
Speaker 3: the AI, but I still believe the driver or the

722
00:41:37,160 --> 00:41:41,200
Speaker 3: consumers plays a very very important role, especially on the judgment.

723
00:41:42,719 --> 00:41:46,400
Speaker 2: I know you're you're overseeing the Americas. What can you

724
00:41:46,480 --> 00:41:50,480
Speaker 2: tell us about the market that you see for Volvo

725
00:41:50,640 --> 00:41:54,000
Speaker 2: going into twenty twenty six, especially in light of the

726
00:41:54,080 --> 00:41:58,080
Speaker 2: fact that EV sales are They're still growing, but they're

727
00:41:58,120 --> 00:42:02,319
Speaker 2: not maybe growing as quickly as some people anticipated. What

728
00:42:02,480 --> 00:42:06,080
Speaker 2: do you see as the challenges and the opportunities for

729
00:42:06,160 --> 00:42:07,440
Speaker 2: Volvo in the Americas?

730
00:42:08,360 --> 00:42:15,160
Speaker 3: Good, Yeah, I think we see EV's You make a

731
00:42:15,239 --> 00:42:18,520
Speaker 3: right comment. I mean, before people, I would say two

732
00:42:18,560 --> 00:42:20,719
Speaker 3: years ago, people are saying that fifty percent of the

733
00:42:20,760 --> 00:42:24,120
Speaker 3: market in twenty thirty will be evs in US. This

734
00:42:24,320 --> 00:42:28,240
Speaker 3: is we don't see this as anymore based on our research,

735
00:42:29,000 --> 00:42:31,960
Speaker 3: but it's still growing. That's for sure. The total market

736
00:42:32,000 --> 00:42:34,400
Speaker 3: will not grow, but the EV market will grow, and

737
00:42:34,520 --> 00:42:38,520
Speaker 3: especially because not only Vovo but the other brands. They

738
00:42:38,600 --> 00:42:42,920
Speaker 3: are putting together nice evs in the world, and I

739
00:42:42,920 --> 00:42:46,520
Speaker 3: think consumers starts also to understand that not only based

740
00:42:46,560 --> 00:42:50,160
Speaker 3: on incentives, but based on the use of the car.

741
00:42:50,640 --> 00:42:54,200
Speaker 3: They learn more. So they start to see that okay,

742
00:42:54,440 --> 00:42:57,640
Speaker 3: this is for me, maybe not the full garage of evs,

743
00:42:57,840 --> 00:43:00,920
Speaker 3: but maybe one car can work in that way or not.

744
00:43:01,880 --> 00:43:04,000
Speaker 3: When you come with the with the new launch that

745
00:43:04,040 --> 00:43:07,680
Speaker 3: we have X sixty, if you look into this car

746
00:43:07,760 --> 00:43:13,040
Speaker 3: can go four hundred miles. This removes a lot of barriers,

747
00:43:13,320 --> 00:43:16,400
Speaker 3: a lot of barriers. So this is and can fast

748
00:43:16,520 --> 00:43:19,440
Speaker 3: charge like in ten minutes. I don't know in miles.

749
00:43:19,440 --> 00:43:24,280
Speaker 3: I know in cilomeers, but it can charge. It can tuch. Yeah,

750
00:43:24,440 --> 00:43:27,440
Speaker 3: so it's four hundred or so. So it's it's it's

751
00:43:27,520 --> 00:43:30,760
Speaker 3: quite It's how I would say, you're going to finish

752
00:43:31,000 --> 00:43:35,400
Speaker 3: your your journey and you need to stop to have

753
00:43:35,440 --> 00:43:40,080
Speaker 3: a coffee anyway, and then in ten minutes you're gonna

754
00:43:40,080 --> 00:43:42,480
Speaker 3: have so much miles that you're going to be in

755
00:43:42,480 --> 00:43:45,240
Speaker 3: a in a in a good position to continue anyway.

756
00:43:45,480 --> 00:43:48,239
Speaker 3: If if you if you need to stop. So that

757
00:43:48,400 --> 00:43:51,799
Speaker 3: is so so unique, and the pricing point of the

758
00:43:51,840 --> 00:43:54,799
Speaker 3: car will be also in a very competitive way. We

759
00:43:54,840 --> 00:43:59,440
Speaker 3: are not launching the pricing in America's yet, but yeah

760
00:43:59,680 --> 00:44:02,439
Speaker 3: I can, and no it's not coming now. We're gonna

761
00:44:02,440 --> 00:44:05,080
Speaker 3: announce it in April. But what I can say is

762
00:44:05,120 --> 00:44:07,880
Speaker 3: that this is it's going to be very competitive because

763
00:44:07,920 --> 00:44:09,960
Speaker 3: this is one of the key points at the EVS.

764
00:44:10,400 --> 00:44:13,239
Speaker 3: But so all in all, I think we're going to

765
00:44:13,320 --> 00:44:15,160
Speaker 3: be in a very good position because you're going to

766
00:44:15,280 --> 00:44:19,880
Speaker 3: serve our customers what they want. So you, as I see,

767
00:44:19,920 --> 00:44:22,920
Speaker 3: that is a different it's a different market. I mean

768
00:44:23,520 --> 00:44:26,799
Speaker 3: we can say like one US market, but when you

769
00:44:26,880 --> 00:44:32,000
Speaker 3: look into a perspective of a country, we can also

770
00:44:32,040 --> 00:44:34,920
Speaker 3: say that it's a fifty countries reasily. I mean I

771
00:44:34,960 --> 00:44:38,440
Speaker 3: was managing fifty eighty countries before with all across the

772
00:44:38,440 --> 00:44:40,800
Speaker 3: glow across the globe, and I can say here in

773
00:44:40,960 --> 00:44:43,920
Speaker 3: US we have like fifty countries in one because all

774
00:44:43,960 --> 00:44:46,920
Speaker 3: the states they are different. If you look into Texas,

775
00:44:47,160 --> 00:44:49,640
Speaker 3: if you look at how they buy cars in Miami

776
00:44:49,840 --> 00:44:53,640
Speaker 3: or New York or California, they are totally different. I

777
00:44:53,680 --> 00:44:56,520
Speaker 3: think we're going to serve well, so we're gonna be

778
00:44:56,600 --> 00:45:00,000
Speaker 3: We're gonna have electrical vehicles in a very competitive pride

779
00:45:00,480 --> 00:45:03,480
Speaker 3: for those that wants, We're gonna have phabs. That is

780
00:45:04,360 --> 00:45:07,160
Speaker 3: we believe it's gonna be. Ah. It's a transition between

781
00:45:08,040 --> 00:45:11,759
Speaker 3: an E V. The consumers they need this bridge, and

782
00:45:11,800 --> 00:45:14,000
Speaker 3: we have consumers that they say, no, this is not

783
00:45:14,120 --> 00:45:18,400
Speaker 3: for me. I'm fine with conbustion car, and that's fine.

784
00:45:18,480 --> 00:45:20,360
Speaker 3: We're gonna They're gonna be protected. They're gonna be in

785
00:45:20,360 --> 00:45:24,279
Speaker 3: a very nice car, in a Volvo premium model. So

786
00:45:24,320 --> 00:45:27,360
Speaker 3: that is that is how we are approaching us at

787
00:45:27,360 --> 00:45:30,280
Speaker 3: this moment, and I believe we have the right things

788
00:45:30,320 --> 00:45:32,240
Speaker 3: to just succeed in this market. For sure.

789
00:45:32,400 --> 00:45:36,400
Speaker 2: Have you determined how long you will you will maintain

790
00:45:36,960 --> 00:45:41,880
Speaker 2: that mix of power trains? I mean, can you indefinitely

791
00:45:42,120 --> 00:45:43,440
Speaker 2: continue to offer that option.

792
00:45:44,840 --> 00:45:48,040
Speaker 3: Who's going to dictate this is a consumer? So I

793
00:45:48,080 --> 00:45:50,880
Speaker 3: think as soon as we have a very important market

794
00:45:50,920 --> 00:45:54,560
Speaker 3: like us and we see consumers that wants to to

795
00:45:54,680 --> 00:45:57,640
Speaker 3: stay into this direction, I think we're going to produce.

796
00:45:58,440 --> 00:46:00,839
Speaker 3: One thing that is we need to take into consideration

797
00:46:01,000 --> 00:46:05,359
Speaker 3: is that technology is evolving. So the hybrid cars that

798
00:46:05,400 --> 00:46:09,239
Speaker 3: we see today will be completely different hybrid cars in

799
00:46:09,600 --> 00:46:13,720
Speaker 3: the end of this decade. So the question will be

800
00:46:13,920 --> 00:46:20,319
Speaker 3: do we still need to have a combustion engine car

801
00:46:20,960 --> 00:46:25,960
Speaker 3: based on a very efficient hybrid that can go even

802
00:46:26,040 --> 00:46:31,640
Speaker 3: further in terms of miles and charging and all aspects

803
00:46:32,160 --> 00:46:35,719
Speaker 3: in a cost that is the same cost of a

804
00:46:35,840 --> 00:46:38,480
Speaker 3: nice vehicle. So that's I think it's going to be

805
00:46:38,480 --> 00:46:41,480
Speaker 3: the big question that needs to be answered in the

806
00:46:41,560 --> 00:46:44,880
Speaker 3: in the deked. But for sure I will have evs,

807
00:46:44,920 --> 00:46:47,840
Speaker 3: I will have a BEHAVES and if the consumer stills

808
00:46:48,160 --> 00:46:51,920
Speaker 3: want m haves or haves, this is I'm going to

809
00:46:51,960 --> 00:46:55,760
Speaker 3: bring to us. So one of the aspects that is

810
00:46:55,800 --> 00:46:59,040
Speaker 3: coming that is important to say is that we are

811
00:46:59,080 --> 00:47:01,840
Speaker 3: reinforcing our action in Sholstone. So we have a plant

812
00:47:01,880 --> 00:47:07,440
Speaker 3: in South Carolina today that we produced our ex ninety

813
00:47:07,560 --> 00:47:10,960
Speaker 3: that is a EV. Next year twenty seven we're going

814
00:47:11,000 --> 00:47:14,360
Speaker 3: to start the production also of Excess sixty, the current

815
00:47:14,440 --> 00:47:18,800
Speaker 3: car that we have, with a facelift in the two models.

816
00:47:19,160 --> 00:47:21,000
Speaker 3: It's going to be M half and BE half in

817
00:47:21,080 --> 00:47:23,680
Speaker 3: this car. And also we're going to have in twenty

818
00:47:23,760 --> 00:47:27,319
Speaker 3: nine a totally new model, a new suv that is

819
00:47:27,320 --> 00:47:30,840
Speaker 3: going to be a hybrid. And this totally with this

820
00:47:33,400 --> 00:47:37,520
Speaker 3: big portfolio that I'm bringing. These will represent around the

821
00:47:37,680 --> 00:47:41,520
Speaker 3: seventy percent of my sales in US, but I do

822
00:47:41,640 --> 00:47:45,160
Speaker 3: expect to grow around sixty percent, so from one hundred

823
00:47:45,200 --> 00:47:48,960
Speaker 3: twenty thousand cars to two hundred thousand cars in twenty thirty,

824
00:47:49,440 --> 00:47:52,800
Speaker 3: and seventy percent of this will come from my plant,

825
00:47:53,160 --> 00:47:56,359
Speaker 3: locally produced. So yes, it's a big shift. Today I

826
00:47:56,360 --> 00:47:59,719
Speaker 3: import ninety five percent of my cars from Europe, so

827
00:47:59,760 --> 00:48:02,160
Speaker 3: it's it's a big shift. It's a big commitment with

828
00:48:02,280 --> 00:48:02,800
Speaker 3: the country.

829
00:48:03,719 --> 00:48:05,320
Speaker 2: What is your biggest market in the US.

830
00:48:06,640 --> 00:48:09,560
Speaker 3: California the market it is, But what I do sell

831
00:48:09,640 --> 00:48:11,480
Speaker 3: more is Tri State New York.

832
00:48:11,560 --> 00:48:13,480
Speaker 2: Okay, all right, Well I'm in New York right now,

833
00:48:13,520 --> 00:48:15,239
Speaker 2: so I do like to hear that, But I live

834
00:48:15,280 --> 00:48:17,880
Speaker 2: in California at the moment, so I can't say I'm surprised.

835
00:48:17,920 --> 00:48:20,839
Speaker 2: And it does seem like you are working hard at

836
00:48:20,880 --> 00:48:24,440
Speaker 2: Vowel to address what seem like the two big barriers

837
00:48:24,480 --> 00:48:27,920
Speaker 2: for people to buy an EV, which is range anxiety

838
00:48:28,400 --> 00:48:31,560
Speaker 2: and the price premium Exactly is that accurate? And it

839
00:48:31,600 --> 00:48:34,839
Speaker 2: seems like this car is specifically targeted to answer those

840
00:48:34,840 --> 00:48:37,200
Speaker 2: two questions precisely.

841
00:48:37,400 --> 00:48:43,400
Speaker 3: Yes, So those are the big pain points for adoption

842
00:48:43,440 --> 00:48:48,120
Speaker 3: of the EV. So having this car and average mileage

843
00:48:48,160 --> 00:48:51,160
Speaker 3: of four hundred miles, that is going to be a

844
00:48:51,760 --> 00:48:54,640
Speaker 3: very very it's a very good number. Today we have

845
00:48:54,680 --> 00:48:59,759
Speaker 3: around three hundred right for ourselves and competitors, so I

846
00:48:59,760 --> 00:49:02,840
Speaker 3: think is going to be a very big benchmark in

847
00:49:02,920 --> 00:49:06,560
Speaker 3: that aspect. Also, when you talk about a fast charge

848
00:49:06,600 --> 00:49:09,360
Speaker 3: if in US, it is not difficult to find big

849
00:49:09,520 --> 00:49:12,279
Speaker 3: fast chargers, I mean four hundred kiloodds or three hundred

850
00:49:12,280 --> 00:49:14,759
Speaker 3: and fifty. So with that, I think it's going to

851
00:49:14,760 --> 00:49:18,399
Speaker 3: be also a very key point and valid point. It's

852
00:49:18,440 --> 00:49:21,359
Speaker 3: a car that comes with NACT, so it's that it's

853
00:49:21,400 --> 00:49:24,160
Speaker 3: going to be adapted for a lot of a lot

854
00:49:24,200 --> 00:49:27,640
Speaker 3: of chargers in the world. So should be really really

855
00:49:27,680 --> 00:49:30,200
Speaker 3: no barrier on that we don't need an adapter comes

856
00:49:30,280 --> 00:49:32,839
Speaker 3: with the car. And pricing, I mean, we know we

857
00:49:32,920 --> 00:49:39,160
Speaker 3: cannot price like entry level m halves, mid level p havealves,

858
00:49:39,200 --> 00:49:41,880
Speaker 3: and up level evs. That that's gone. I mean that

859
00:49:42,280 --> 00:49:46,480
Speaker 3: was one day a conversation. That's not that's not true anymore.

860
00:49:47,000 --> 00:49:49,359
Speaker 3: So we needed to have an EV in a very

861
00:49:49,680 --> 00:49:53,640
Speaker 3: pricing point with with with the p haves at least,

862
00:49:54,040 --> 00:49:57,319
Speaker 3: So that is that is with that addressing these three

863
00:49:57,400 --> 00:50:01,600
Speaker 3: aspects and with our safety, a heritage in the car,

864
00:50:01,680 --> 00:50:03,960
Speaker 3: with all the technology that we are bringing to that.

865
00:50:04,480 --> 00:50:06,520
Speaker 3: So I think it's gonna be a it's gonna be

866
00:50:06,560 --> 00:50:08,800
Speaker 3: a very very competitive product.

867
00:50:08,880 --> 00:50:11,400
Speaker 2: Well, Luis Resende, thank you so much for joining us.

868
00:50:11,440 --> 00:50:14,000
Speaker 2: I wish you all the best on this launch. We

869
00:50:14,080 --> 00:50:15,880
Speaker 2: look forward to getting out on the road and driving.

870
00:50:17,320 --> 00:50:21,000
Speaker 2: Thank you, our thanks to Bobo, President of the America's

871
00:50:21,120 --> 00:50:25,160
Speaker 2: Luis Resende. Matt, are we driving the same car right now?

872
00:50:25,360 --> 00:50:28,360
Speaker 1: We are? We're both driving, as far as I know,

873
00:50:28,520 --> 00:50:32,120
Speaker 1: the same car. I went to Miami yesterday and when

874
00:50:32,160 --> 00:50:36,120
Speaker 1: I came home there was an Aston Martin DBXS sitting

875
00:50:36,160 --> 00:50:38,120
Speaker 1: in my driveway. Is that what you're driving as well?

876
00:50:38,120 --> 00:50:42,719
Speaker 2: Well, Life, Yes, yes, I have a green one.

877
00:50:43,120 --> 00:50:48,319
Speaker 1: Mine it is. I think it's a white ish and

878
00:50:48,400 --> 00:50:51,399
Speaker 1: I love I think they're beautiful, and I have since

879
00:50:51,440 --> 00:50:56,520
Speaker 1: they first came out. But I'm so focused on the

880
00:50:56,560 --> 00:50:58,920
Speaker 1: interior and what they've done with the car that I

881
00:50:59,080 --> 00:51:01,520
Speaker 1: didn't look at the outside too much. Also, I got

882
00:51:01,520 --> 00:51:03,000
Speaker 1: home and it was dark, and when I got in

883
00:51:03,080 --> 00:51:04,600
Speaker 1: the car to drive to work this morning, it was

884
00:51:04,600 --> 00:51:05,200
Speaker 1: also dark.

885
00:51:06,160 --> 00:51:09,440
Speaker 2: Yes, this is not our full take on the DBX.

886
00:51:09,520 --> 00:51:11,759
Speaker 2: This is our first blush with it. We each have

887
00:51:11,920 --> 00:51:15,279
Speaker 2: the car it's an suv for a week, so we're

888
00:51:15,400 --> 00:51:17,759
Speaker 2: both going to be trying it out.

889
00:51:18,040 --> 00:51:20,359
Speaker 1: I can say, like my initial so, yeah, I've only

890
00:51:20,480 --> 00:51:24,839
Speaker 1: driven it to work, and fortunately for me, I come

891
00:51:24,880 --> 00:51:27,239
Speaker 1: to work very early in the morning, so there's not

892
00:51:27,280 --> 00:51:30,920
Speaker 1: a lot of traffic. I can fly to work essentially,

893
00:51:31,000 --> 00:51:32,520
Speaker 1: and this is the car in which to do that.

894
00:51:33,400 --> 00:51:37,200
Speaker 1: It is like ten degrees fahrenheit. So I'm a little

895
00:51:37,239 --> 00:51:40,480
Speaker 1: bit more careful, yeah, knowing that there could be ice

896
00:51:40,560 --> 00:51:42,719
Speaker 1: out there. But for me this is going to be

897
00:51:42,800 --> 00:51:47,239
Speaker 1: extra exciting because my neighbor Eric, he just got a

898
00:51:47,440 --> 00:51:51,759
Speaker 1: new Kyenne GTS. Oh, and I feel like this is

899
00:51:52,160 --> 00:51:56,920
Speaker 1: the Kyenne. Is the sports suv that you have to

900
00:51:56,920 --> 00:51:58,080
Speaker 1: beat in this segment?

901
00:51:58,320 --> 00:52:02,799
Speaker 2: Right, Well, I would say it's the ERUs to be honest.

902
00:52:02,520 --> 00:52:05,360
Speaker 1: The what of the earth? I see?

903
00:52:05,600 --> 00:52:08,840
Speaker 2: But you know it's Nato Tomato, there's our there's our debate.

904
00:52:09,440 --> 00:52:12,640
Speaker 1: I mean those two have the same motor, right, and

905
00:52:14,320 --> 00:52:18,160
Speaker 1: not the GTS but the turbo that's Erorous. I I

906
00:52:18,280 --> 00:52:20,720
Speaker 1: just think, okay, that's a fair that's a fair point.

907
00:52:20,760 --> 00:52:23,000
Speaker 1: I hadn't really thought about that. So because this is

908
00:52:23,040 --> 00:52:24,800
Speaker 1: What I was thinking when I was driving the DBX

909
00:52:24,840 --> 00:52:27,520
Speaker 1: in is like Eric got this Kaian. It's so sweet

910
00:52:28,239 --> 00:52:32,680
Speaker 1: and it drives so well, and the interior's done perfectly

911
00:52:32,719 --> 00:52:35,799
Speaker 1: in the tech obviously works. It's a Portia, So maybe

912
00:52:35,800 --> 00:52:37,760
Speaker 1: I'm biased, but I feel like it's not going to break.

913
00:52:38,640 --> 00:52:42,319
Speaker 1: But that thing didn't cost two hundred grand. In fact,

914
00:52:43,200 --> 00:52:44,680
Speaker 1: I don't know how much he paid for it, but

915
00:52:44,920 --> 00:52:51,120
Speaker 1: I think closer to one point fifty. This DBXS retails

916
00:52:51,120 --> 00:52:54,640
Speaker 1: for four hundred and twenty two thousand, two hundred dollars

917
00:52:54,680 --> 00:52:55,560
Speaker 1: with all the options.

918
00:52:55,640 --> 00:52:59,160
Speaker 2: That's what the options the starting prices in the two sixties.

919
00:53:00,080 --> 00:53:03,719
Speaker 2: But that's just let me say this before we dive

920
00:53:03,800 --> 00:53:06,040
Speaker 2: into it, and this is just a first blush. I

921
00:53:06,080 --> 00:53:09,360
Speaker 2: actually think the DBX looks way better than the Cayenne.

922
00:53:09,400 --> 00:53:11,879
Speaker 1: Agreed like way, and.

923
00:53:11,840 --> 00:53:13,879
Speaker 2: Again we're not going to get into driving because we haven't.

924
00:53:13,920 --> 00:53:16,640
Speaker 2: We each haven't driven it much. This is does I

925
00:53:16,640 --> 00:53:19,640
Speaker 2: don't know what Cayenne what the specs are off off

926
00:53:19,880 --> 00:53:21,040
Speaker 2: the top of my head, but this is a V

927
00:53:21,120 --> 00:53:26,280
Speaker 2: eight seven hundred and seventeen horsepower twin turbo for lead engine.

928
00:53:26,320 --> 00:53:30,760
Speaker 1: It stomps GT. It looks killer, and it looks killer,

929
00:53:31,280 --> 00:53:35,880
Speaker 1: But I don't know if it's three times as beautiful

930
00:53:36,760 --> 00:53:39,160
Speaker 1: and better driving speed, I don't know. So I haven't

931
00:53:39,160 --> 00:53:41,839
Speaker 1: spent a lot of time with this car. I'm really

932
00:53:41,840 --> 00:53:44,880
Speaker 1: looking forward to it because I think Ashton Martin has

933
00:53:44,920 --> 00:53:47,319
Speaker 1: absolutely nailed the execution, at least as far as I

934
00:53:47,320 --> 00:53:52,640
Speaker 1: can tell as of today. Like the for example, the interior,

935
00:53:52,880 --> 00:53:57,520
Speaker 1: everything nothing looks cheap, nothing looks like it was an afterthought.

936
00:53:57,880 --> 00:54:01,080
Speaker 1: It all looks like it was done very intentionally with

937
00:54:01,160 --> 00:54:06,920
Speaker 1: the highest technology, the highest production quality, and the the

938
00:54:06,960 --> 00:54:10,640
Speaker 1: forefront of like the car play that they have isn't

939
00:54:10,640 --> 00:54:14,520
Speaker 1: available I don't think in any other vehicle. So that

940
00:54:14,680 --> 00:54:15,680
Speaker 1: way we'll talk about it more.

941
00:54:15,800 --> 00:54:17,960
Speaker 2: You will talk about it. Also, I have to shout

942
00:54:17,960 --> 00:54:23,040
Speaker 2: out mine came with twenty three inch magnesium wheels in

943
00:54:23,120 --> 00:54:29,000
Speaker 2: satin titanium gray. Those wheels alone cost twenty one thousand,

944
00:54:29,120 --> 00:54:33,920
Speaker 2: six hundred dollars. So that's why we're going from a

945
00:54:34,160 --> 00:54:38,759
Speaker 2: MSRP of two sixty two and ending up at a

946
00:54:39,280 --> 00:54:42,680
Speaker 2: final price with upgrades. I'm at four hundred and nine.

947
00:54:42,880 --> 00:54:44,440
Speaker 2: Sounds like yours is a little bit more than mine.

948
00:54:44,520 --> 00:54:48,200
Speaker 1: Yeah, I mean, mine, for example, has two separate exterior

949
00:54:48,360 --> 00:54:54,120
Speaker 1: packs that total twenty one thousand dollars, sorry, thirty one thousand.

950
00:54:53,760 --> 00:54:59,080
Speaker 2: Dollars yep in in extras, and the exterior packs are

951
00:54:59,080 --> 00:55:01,560
Speaker 2: like carbon fiber telling so it's.

952
00:55:01,400 --> 00:55:05,719
Speaker 1: Like we add a lightweight material on top of you

953
00:55:05,760 --> 00:55:07,800
Speaker 1: know they if we didn't have it would be even lighter.

954
00:55:08,719 --> 00:55:12,960
Speaker 1: The paint is like fourteen grand, the pinstripe is fifteen grand.

955
00:55:13,960 --> 00:55:17,280
Speaker 1: The stereo is an extra twelve. So yeah, they loaded

956
00:55:17,280 --> 00:55:19,479
Speaker 1: it up with options, and I'm glad they did because

957
00:55:19,520 --> 00:55:21,400
Speaker 1: I'm totally going to enjoy trying it.

958
00:55:21,440 --> 00:55:22,799
Speaker 2: But we love options.

959
00:55:23,320 --> 00:55:25,239
Speaker 1: So I guess we'll tell you more about this next year.

960
00:55:25,400 --> 00:55:27,359
Speaker 2: Yeah, I can't wait to hear. And we have Steve

961
00:55:27,400 --> 00:55:30,160
Speaker 2: Serero next week, and we have Steve Siero for a

962
00:55:30,200 --> 00:55:32,840
Speaker 2: collecting special. Oh and we would be remiss if we

963
00:55:32,880 --> 00:55:38,040
Speaker 2: didn't mention this amazing sale at MECAM where so many

964
00:55:38,120 --> 00:55:41,280
Speaker 2: car set records, but the real headliner was this Ferrari GTO,

965
00:55:41,360 --> 00:55:45,640
Speaker 2: which sold for over thirty eight million dollars. That's huge.

966
00:55:45,640 --> 00:55:49,360
Speaker 2: It's a white Ferrari, not not numbers matching engine.

967
00:55:49,400 --> 00:55:53,600
Speaker 1: Even so we have how many there aren't many GTOs, You're.

968
00:55:53,440 --> 00:55:56,760
Speaker 2: Like twenty six. Yeah, so yeah, it's a very rare club.

969
00:55:57,960 --> 00:56:01,240
Speaker 1: It's funny. I think Eddie ultram And was talking about

970
00:56:01,239 --> 00:56:05,040
Speaker 1: how he had gone to Pebble in twenty eleven and

971
00:56:05,080 --> 00:56:08,880
Speaker 1: they managed to wrangle together like twenty GTOs. Wow, and

972
00:56:08,920 --> 00:56:10,759
Speaker 1: they put him all next to each other on the

973
00:56:10,800 --> 00:56:14,640
Speaker 1: concor and wow. It was like he was so excited

974
00:56:15,000 --> 00:56:17,280
Speaker 1: to see the first one and then when he walked

975
00:56:17,320 --> 00:56:19,160
Speaker 1: down the line, by the end he was bored of it.

976
00:56:19,440 --> 00:56:23,400
Speaker 2: Yeah, I know that's really bad. When that happens, it's like,

977
00:56:23,440 --> 00:56:24,560
Speaker 2: where can you go from here?

978
00:56:25,040 --> 00:56:28,239
Speaker 1: Yeah, so we'll dig into the gto the ferrari Oks,

979
00:56:28,280 --> 00:56:30,839
Speaker 1: the Mekam auctions that everyone was talking about with Steve.

980
00:56:30,840 --> 00:56:33,919
Speaker 2: Scottsdale auctions are this weekend, so we can talk about

981
00:56:33,920 --> 00:56:37,160
Speaker 2: results from those talk about and Retromobile. Yeah, so much

982
00:56:37,200 --> 00:56:37,640
Speaker 2: going on.

983
00:56:37,719 --> 00:56:39,680
Speaker 1: There's so much. There's so much, and we're gonna bring

984
00:56:39,719 --> 00:56:41,920
Speaker 1: it all to you right here on Hot Pursuit.

985
00:56:42,400 --> 00:56:45,120
Speaker 2: That does it for this week's show. Remember to follow

986
00:56:45,160 --> 00:56:49,000
Speaker 2: and subscribe to Hot Pursuit on Apple, Spotify, and anywhere

987
00:56:49,040 --> 00:56:51,840
Speaker 2: else you listen. You can also send us your comments

988
00:56:52,080 --> 00:56:55,440
Speaker 2: email us at hot Pursuit at Bloomberg dot net.

989
00:56:55,280 --> 00:56:57,799
Speaker 1: And check out Anna's columns and stories on Bloomberg dot

990
00:56:57,800 --> 00:57:02,160
Speaker 1: Com and the Bloomberg Business app. Go there for car reviews,

991
00:57:02,200 --> 00:57:05,279
Speaker 1: events and stories you won't find anywhere else, including her

992
00:57:05,280 --> 00:57:08,560
Speaker 1: piece on AI Find It All, a Bloomberg dot Com

993
00:57:08,560 --> 00:57:11,920
Speaker 1: slash Pursuits slash autos. I'm Matt Miller

994
00:57:12,000 --> 00:57:14,400
Speaker 2: And I'm Hannah Elliott will be back in your podcast

995
00:57:14,400 --> 00:57:15,640
Speaker 2: speed again next week