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Transcripts for BBCNEWS World Business Report 20240604 10:31:00

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At the moment, deliveries for this year are likely to be less than last year. A challenging environment, the Ev Market globally is slowing and lots more competition is rising particularly in china which can make Electric Vehicles at low cost. Talk to me about Electric Vehicles at low cost. Talk to me about that Electric Vehicles at low cost. Talk to me about that competition, if people are thinking of making a switch, given the cost of living crisis, they might think they cant afford tesla, they should go for a cheaper chinese one, is that hurting the Bottom Line . We cheaper chinese one, is that hurting the Bottom Line . The Bottom Line . We are seeing a wave of chinese the Bottom Line . We are seeing a wave of chinese cars the Bottom Line . We are seeing a wave of chinese cars in the Bottom Line . We are seeing a wave of chinese cars in europe, l the Bottom Line . We are seeing a L Wave of chinese cars in europe, the ports are full of chinese Electric Vehicles. They are not only cheap, they are good quality. If you look at the cars, china has been making electric cars for 25 years, they have Scale And Experience and they can produce at low cost. That is a

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