Episode Transcript
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Speaker 1 (00:09):
You're listening to a podcast from News Talk sed B.
Follow this and our wide range of podcasts now on iHeartRadio, Rewrap.
Speaker 2 (00:25):
Okay there and welcome to the Rewrap for Wednesday. All
the best, but's from the Mike Hosking Breakfast on News
Dogs did be in a sillier package Iron Glenn Heart
and today ev Sales. I think they're going gangbusters. I
might have that wrong. We're checking on that shortly. We're
gonna sort the Auckland Council out once and for all
(00:47):
because Wayne will get his way. Think I've got that right, definitely.
But first up COP twenty nine. That's definitely going to
change everything and the planet has saved hooray.
Speaker 3 (00:56):
Tell you what of the COP organizers and evangelical believers
had some wherewithal they would be an azure Bazan at
the moment, learning the lesson of Kamala Harris and the
Democratic Party who were equally convinced they had the ear
of the people as well. I say every year, but
the number gives it away, doesn't it? COP twenty nine
and where exactly are we and how many cracks do
you want not to solve the problem before? As sure
(01:17):
as night follow day, We're not going to solve it
at all. I means become a circus, a gargantuine piss
taking circus in which ludicrously large numbers of people, most
of them hangers on, gather and pontificate with an air
of exceeding arrogance in the vain hope that by the
end of it, after the last sweat producing, nerve racking
hours of panic, is the clock texts they come up
with some sort of text that represents some sort of
(01:37):
outcome that they can all kid themselves, will make a
jot of difference. The Democrats believe that millions more women
would vote for them as well. They believe reproductive rights
would swing votes the same way the thousands gathered in
an oil country think we're going to reverse our carbon
output and save the planet. At no point is this
to suggest the climate issue isn't real, real to the
extent that weird stuff is happening with the weather. But
(01:58):
what we have learned is you need a pandemic basically
to clean the place up. When the world was locked down,
things environmentally got way better. Now we're not going to
do that again. We didn't like it. Not the answer
neither are any of the other ideas we keep banging
on about. Rightly or wrongly, the world has decided and
proves it every day that the price is simply too high.
(02:18):
We will not be inconvenience to the degree the boffins
feel we need to. The debate has lost. We've left
the room. We will not be voting for extreme action
to save the world. You can cop yourself silly for
the rest of your lives. But the voters in and
the planet, rightly or wrongly, didn't win.
Speaker 4 (02:34):
Would we like to?
Speaker 3 (02:35):
Well, of course will we. No, Karmela didn't get why
she lost. The attendees and Azurebaijan will be equally as perplexed.
But that's mainly because neither operate in the real world.
Speaker 2 (02:45):
Yeah, anybody out there who has prepared to be the
bridge between the people who live in the ideal world
and the people who live in the real world. Who's
out there who can bring those two factions together re
wrap Because Yeah, as Mike says, so, there's plenty of
great ideas, they're really good ideas.
Speaker 3 (03:05):
The first thing they've done at COP twenty nine is
they've done a car been trading deal, a carbon credits deal,
which no one seems overly happy with. Apparently they've been
stuck with. It's the same carbon credits type deal that
we do in this country. So you know, you have
an auction and if you're a polluter, you go throw
some money at somebody and buy some carbon credits and
it gets you off being a polluter. So all a'b
done is done that as far as they can work
out with the third world. So you can go out
(03:26):
into the world and go pick a country and go, look, well,
throw some money at you and you can go reduce
your carbon emissions and you can feel good about yourself.
And apparently that's going to save the planet. Kicking off
Cop twenty nine with a backdoor deal sets a poor
precedent for transparency and proper governments. So already the critics
are out, so ours doesn't work, This won't work.
Speaker 4 (03:46):
They're just coming up with a whole bunch of stuff
that doesn't work.
Speaker 2 (03:49):
Yeah, And like I say, and I think, well, I
Mike succeed it as well in their earlier piece is
that it's not because these things can't work, it's just
that nobody wants them to work. There's no buy in
because everywhere is just you know, busy with their everyday
lives and continuing that continue to destroy their planet, each
of us in our own little way.
Speaker 1 (04:10):
Oh well, rewrap.
Speaker 2 (04:12):
Now, So in the wake of trying to save the planet,
we were all told to buy evs and then and
given lots of financial incentives to do so. And then
of course those all got taken away. In an actual fact,
in some cases it cost us more so as far
(04:33):
as EV sales go, is there had some kind of effect.
Speaker 3 (04:36):
There got an EV question for you, But first, I've
got the latest news from around the world, e being
news from around the world, and listen, are laying off
thousands of workers. Toyota have said this week that the
California regulations around EV's and engines and emissions are unworkable.
Trump's arrived. Of course, tariffs are an issue there in
his anti EV. In Britain, they are now discounting EV's
by thirty three percent off because of rules that make
(04:58):
manufacturers sell a certain number of evs and if you
don't sell that many, you'll then find so sales here,
of course, are dire. Sales of cars is past month
are up. Last month was the second best month of
the year for sales apart from evs, which sold next
to none. So here's the question, what are they going
to do? See, under normal market circumstances, a product lives
(05:19):
and dies on demand, doesn't it, think about it? Demand
can waiver, Prices are adjusted accordingly, models are updated, Marketing
is refreshed to fizz up demand or awareness. But ultimately,
if something doesn't have a customer, it dies. Evs don't
appear to have a customer base. They did to a
degree when government subsidized them, but that I suspect simply
gave early adopters a cheaper ride. It's not like you
(05:40):
can't get a good deal now, because you can. But
even with a cheap price, they still can't sell them.
People in bulk simply don't want them. So what's made
this unique is, of course, the manufacturers have been forced
into producing something I suspect they knew wouldn't work. They
would have been way way quicker to bail on a
failed product if they hadn't had governments all over the
(06:00):
world lecturing them and hectoring them and changing the laws
and forcing them into a business that looks like it's
going nowhere fast. So the question is just what needs
to be done to either one increase sales or two
kill off the whole idea and come back another day
with something different. So you can't force people into something
they don't want. And the lack of sales shows this
is the truth. Are they going to ban regular cars?
Speaker 4 (06:22):
No they are not.
Speaker 3 (06:22):
Are they going to subsidize them forever? No they are not.
Are jobs going to be lost? Bottom line is going
to bleed red? Factories closed because of all of this? Yes,
So who blinks first? I think this is where we've
got to. I think who blinks first? The idea logues
or the realists?
Speaker 2 (06:38):
I literally went back and the podcast to make sure
that I hadn't accidentally played the same audio again there,
because we've got a whole reality versus ideology debate go
on again. Funny old world, isn't.
Speaker 1 (06:52):
It's a rewrap?
Speaker 4 (06:54):
Yeah?
Speaker 2 (06:55):
Why haven't evs caught on?
Speaker 4 (06:59):
What's the real problem there, Mike?
Speaker 3 (07:01):
With the evs. No one wants to waste time to
fill up a car. Takes you under a minute to
fill a car with an EV It's round two or
three hours. It's the age old And of course, Mike,
what are the actual stats of sales of eb's there
seems to be heaps on the north shore of Auckland.
There are, but those are people who bought cars previously.
Mike Warren here GM of BYD New Zealand. Globally, EV
(07:21):
sales are up this year. What you're seeing is a
big decline and legacy car maker REB sales because the
technology is bad.
Speaker 4 (07:26):
B Y. I'm sure they'd argue with that.
Speaker 3 (07:28):
Byd Are hiring their one millionth employee. They sold in
delivered over half a million plug in vehicles last month alone.
Sixty eight percent of all EB sold in the world
come from China. The other Western brands are behind. I
think you'll find EV sales in the States are up
as well, particularly from the Korean brands. What I know
from the New Zealand numbers, and they came out the
other day just just for October. There were twelve five
(07:48):
hundred and seventy one cars sold in October New second
strongest month of the year, so that part's encouraging. EV's
went backwards last month. This is from the Motor Trade Association.
You only sold one hundred and forty three Ford Mustang
Marquees byd at O three fifty nine of them sold
in a month. Beibs fell from their twenty percent of
(08:08):
the market in October of twenty twenty three to six
point eight percent, so they're going backwards in this country.
The interesting thing is, and this is out of an
EV show that was happening this week or is happening
this week, an Australia guy called Jason Clark, who's the
head of True EV. He says, what's going to happen
is a lot of these brands are going to vanish.
So you're seeing some of these new car car brands
(08:31):
come into the market, both Australia and New Zealand. There
are two hundred EV brands in China currently. He thinks
only seven of them will survive. So you're going to
see one hundred and ninety three car makers vanish. And
what that means is we're going to have to adjust
our thinking. If you're going to buy a Chinese EV,
I'd never buy a Chinese EV personally, but if you're
(08:52):
you're going to have to think of a car as
a fridge, or a television or a pair of socks.
In other words, when you go back to buy a
new one and it's not there anymore, you'll have to
go up. Well, I'll go buy something else because we're
emotionally holden exactly like when you go into a Holden.
See I mean that's you say Holden because how many
legacy brands have disappeared? If you I mean, can you
(09:13):
tell me there's one hundred and ninety seven legacy brands disappearing?
Speaker 4 (09:16):
Though?
Speaker 3 (09:17):
Because they haven't. And that's the difference. And so suddenly
your investment of fifty sixty seventy eighty ninety thousand dollars
that you bought into isn't going to be there anymore
because they're going to collapse.
Speaker 4 (09:27):
One day they're there, one day they're not.
Speaker 3 (09:29):
So it's going to be interesting to see how that's unfold.
Citrons already leaving this country, Reno's leaving this country, not
completely because they can't compete with the sales. So the market,
the car market in general, is then major upheopal at
the moment. So it's going to be fascinated to watch
how it unfolds. But I go back to my earlier
question that I raised, given EV sales aren't selling in
places like New Zealand, America, Australia, et cetera. They're not
(09:52):
increasing in the way they thought. What happens next when
you discount something as they are in Britain by thirty
three percent and you still can't sell it, what happens next?
Speaker 2 (10:04):
I'm confused about the hosts fridge slash socks comparison there.
I'm very brand loyal to socks. I get the same
socks is the only when it comes to sports socks
every time, because I found it. I found ones that
really suit me, seemed to be hard wearing and yet
comfortable provide support in all the right places. By that
(10:28):
I mean right places on my feet. So I go
back and I buy those same ones every time. Same
And I'm I'm the same with fricks for that matter,
now that I think of that. So that was a
stupid analogy. The re wrap, right, we're going to finish.
This is the podcast where we're sort of we won't change,
but we're powerless to do anything about it podcast and
(10:52):
nobody is. Yeah, it has to face that more often
than Wayne Brown.
Speaker 3 (10:57):
Wayne Brown small amount of reportage. I don't want to
spend too much time on it based on the fact
it's very much like Cop twenty nine. Wayne wants to
is the mayor of Auckland. He wants a quote unquote
massive shakeup of Council Control Organization CEOs. This is your
famed Auckland Transport, your tar TACKI Auckland Unlimited, your par
Nuku Auckland, all the government agencies or council agencies that
(11:18):
cause Auckland is so much difficulty and problem and expense.
He wants to get rid of the lot of them.
He's got a big bowl planned to get rid of
the lot of them. The reason I'm going to spend
no more time on it, sadly, is it's never going
to happen.
Speaker 4 (11:30):
Wish it would, isn't going to happen.
Speaker 2 (11:32):
I think this is the clearest indication ever, isn't it
Wayne Brown's mayoralty, that there's no point to the mayor
And why do we have them? Why do we and
certainly why do we vote for them? You know they
complain about people not voting in local body elections. Well
this is why, because this no point. So yeah, I
(11:57):
feel very powerless at the end of this podcast. Actually
I feel like I'm just I'm just you know, wheat
and chaff blowing around in the wind. Is that what
you are? You separate the chef from the wheat. Is
that what you do anyway on whatever it is, before
you do that separation. I'm just swaying around, being blowing
(12:20):
around again, another analogy that hasn't really worked. That's how
powerless I am. See you tomorrow. I'm trying to get
my analogy straight then.
Speaker 1 (12:35):
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