Foxconn Trying To Scoop Nissan, CA Requires Parking Lot Charging, 1-800-CHATGPT

Paul J Daly  0:01  
All right, it's Thursday, December 19. We're excited today. We're going to talk about Fox con and Nissan. We're going to talk about California and charging. But we're really good excited about the fact that we're about to call on the phone, chat, GPT, the people on the phone. Old school

Speaker 1  0:16  
here first, ladies and gentlemen, here first, live streaming a call to an AI, yeah,

Paul J Daly  0:22  
it's gonna like a call, not, not like chat through and what? No, we're not gonna screen share anything. We're dialing a phone number. I wish we had a rotary phone and we call chat GPT. That would be so much fun. We got

Speaker 1  0:35  
we're friends now. We're gonna come back. I'm telling you, rotary phones are gonna be in houses everywhere, because people are. It's like how everybody's going back to Brick and mortar. Everybody's gonna be like, You know what? I really want to go, Yeah,

Paul J Daly  0:45  
to make it quiet, because back in the day, it was just the pulses that, you know, actually dialed the phone. It was like, Morse code. But I remember that I would be so mad when people had nines and zeros in their phone number. Oh, yeah,

Speaker 1  0:58  
you got it slightly older phone, right? And that thing, just like,

Paul J Daly  1:04  
right? Getting back to the top, the mechanics of that is pretty genius, though it really is. Hey, look a couple things coming on today. Today, at 1pm Eastern, we are having our fourth annual year end extravaganza. You have to be there. We have so much fun stuff planned, so many great guests. We're keeping it to an hour. It's gonna be fun. Fast moving. You're gonna laugh. We promise your laugh, or all your money back because all of it, because we're trying to stretch out and, you know, say, I don't know if people will be offended. Let's not put it that far, but we may know nobody's gonna be offended. That's the cloud business. It's the car business. It's the car business. But look, we hope you be there. We have David spies at car dealership. Guy David Kane, Zach kenshos and con Roy, Daniel go ver Elena chicatelli, Michael Cirillo, Trey Warman, Liza Borches, Lenny bozart, Ed Roberts and more. Everybody in a very fun filled one hour special. It's going to live stream on LinkedIn. If you want to go, just go to ASOTU page on LinkedIn. Just click on Events. It'll be right there at the top. Join that live stream. We'll be in the chat, and everybody will be in the chat. Raz and everybody, well, wishing everybody it's the place to be. We hope you can join us. 1pm

Kyle Mountsier  2:17  
Eastern, yeah, absolutely. Let's go. We had a killer webinar. Yes, dude, I heard you had a killer webinar yesterday. People are all look service, service to sales and like that. Interaction is such a gold mine, and people are still trying to figure it out. And so I think it's just one of those topics you got to hear from the people that are doing it best. So I think you can still go to asotu.com scroll down just a little bit. Little bit, and you can get back into the recording and check it out from yesterday. If you want to, like, share it with the team. Get your used car team, get your service team together. They will see how the other people

Paul J Daly  2:51  
it felt like, it felt like a little year in extravaganza preview, because even before the webinar started, we had like 150 people in the live stream like, well, wishing each other happy holidays from the country. It was pretty special, but the world warm ended up being amazing. Lots of Q and A at the end, we ran out of time, but join the hundreds of other people that are signed up for this webinar so that you can watch it too and make it was just sort of practical. The advice was practical. That's what I love. All right, we've got some news, and then we got to call jet CBT. Let's do it all right, the ante has definitely been up. You and I haven't had much time to talk about this. Now in the Nissan Honda merger talks, well now Fox con, a fox con executive is currently meeting with Renault officials in France to discuss acquiring a stake in Nissan, which is intensifying, obviously, the urgency of Honda and Nissan's merger talks fierce competition from Tesla, Chinese automakers, uh, both Japanese giants Nissan and Honda are like talking about, how can we collab to, you know, stand up against it and squat up. They basically exploring a holding company to deepen their collaboration, to stay competitive. A merger could affect offer cost savings, share at r, d across this get the 7 million vehicles good yank in a year. But it does risk overlap in some markets and some products, especially in the US and Japan. Japanese regulators watching this very closely is obviously this affects jobs in Japan. And one of the biggest questions that we think isn't being talked about enough. Is, like, the whole foxcon thing, and is this a potential lane where Chinese EVs can all of a sudden enter the US market?

Speaker 1  4:29  
Yeah, because, like, Honda and Nissan, and if foxcon comes in on that, like, they're going to be able to, like, it won't even be a question on how that comes into the US, and so that'll like, that'll just crack that door open just wide enough for for someone to sprint through it. They're

Paul J Daly  4:47  
kind of buddy buddy with BYD, aren't they? Fox con Fox.

Speaker 1  4:51  
Look, there's a lot of people, I think, buddy buddy with BYD across the across the world. We just don't know about it yet here. Um. You know, we talked about BYD and Apple, like,

Paul J Daly  5:02  
who's the, who's doing the joint venture with Honda on the or Sony on the afila? Yeah, Sony, Honda. I'm trying to, I'm trying to, like, put all the pieces together. When I saw this. I mean, look, even if you're Nissan and you're not considering Fox con, amazing negotiation tactic.

Speaker 1  5:19  
Oh, it's just like, but we have this other one over here on the side. What's,

Paul J Daly  5:24  
you know, what's the name of some animal?

Kyle Mountsier  5:27  
Well, and here's, we haven't had the chance to talk about this. I think you guys talked about it a little bit yesterday. But for me, obviously, this is a play that, like, as you get bigger, you would get access to cheaper parts, volume, purchasing R D, across electrical brands you're trying to find like that net new thing, the best technology to deliver EVs or deliver alternative fuel. Everybody's racing to the bottom on the cost savings on alternative fuel, R and D and so this is a play for that. I think that, honestly, like Honda, probably even Nissan gets the brand value of Honda. Honda gets the volume value of Nissan. But, you know, I still don't understand how Nissan isn't a little bit further ahead with their involvement of Renault in in like f1 and motor sports, right? Yeah, so much of motor sports is already like discovering hybrid and EV style technology. So, you know, I think that, and then Honda Racing is a big thing. So I think there's something there where, like, they could figure out that matrix

Paul J Daly  6:31  
a little bit comes down, I think in the US, anywhere really, like, the leadership issue is such a big one with Nissan, right and dealers have really been through the ringer, and Honda leadership much more stable, but we'll see this. This is definitely getting interesting, and perfect time over Christmas to be talking about this. Maybe we'll have some info by the holidays. Yeah, all right, I'm trying not to sneeze right now, but California's new building code is effective 2026 will require EV chargers in most overnight parking spaces. This is code, by the way, they will make it building code, unbelievable access to many new people. Most meant most new apartment condo projects must ensure that each unit's parking spot, that's a dedicated parking spot to a unit is EV ready with 240 volt outlets or standardized chargers. Shared spaces can be used and power sharing systems you know to try to keep costs manageable. This is part of the code as well. New Hotel Motel guidelines require up to 65% of parking spots to be EV ready. That's crazy. It's nice. Office, retail, other non residential lots must designate at least 20% more reasonable to EV ready spaces. Older parking lots must meet EV ready requirements whenever significant updates or new spaces are added, meaning we're going to see a lot of parking lots going disrepair in California. But this is a major, major step toward EV adoption for many people, especially when we're talking about apartment

Kyle Mountsier  7:55  
living. Well, apartment living, I think, is, is has always been the question, right? How do you make sure that these people that are in apartments, especially multi story, you know, apartments, how do you, how do you allow them space to charge their vehicle? You know, obviously, like, 240 volt outlets help that out. It's trickle charging still,

Speaker 1  8:15  
you know, or it's, it's level two. But, like, here's, here's my question, specifically for apartments, condos, hotels, motels, like, the cost basis of adding this to your infrastructure is insanely high. It's

Paul J Daly  8:32  
a lot lower when it's new construction.

Speaker 1  8:36  
Matt, probably new construction, right? Yeah, I guess, yeah. So it's building it's building codes

Paul J Daly  8:41  
affected 23 that's gotta be priced into the to the rent, you know, oh my goodness,

Speaker 1  8:45  
not free, yeah, and like, if, like, if you're not driving an EV, but you want the new apartment

Paul J Daly  8:53  
you're paying to charge an EV. Or the opportunity, I did read a little bit further into it, and even though it's so like standard level two charging these days is between six and 10 kilowatts, if you put up like a new level two charger, the requirement in these is, you know, because they're using some shared power units that can power multiple multiple spaces, the minimum requirement is that it provides 3.3 kilowatts of energy to each space, which, if you look at the numbers, is actually just point three kilowatts higher than a 110 outlet, than a 110 Yeah. So, I mean, yeah. So you're talking like 20 hours to charge, you're still, you're still 12 to 15 hours to charge something small, right? Goodness, I know. So it, I mean, it's a step, it's a step, and California is force feeding it. So, you know, they have the most EVs, though, it makes the most sense that it would be there, does? I guess. I still don't know where all the power is coming from.

Unknown Speaker  9:52  
Where the power comes I'd

Paul J Daly  9:55  
rather have my AC off than be able to you know what I mean, in the summer. More time, I don't know, but so we're gonna do something really fun right now. Yeah, yesterday. Go ahead tell tell them about this.

Speaker 1  10:07  
Yeah. So yesterday, you know, open AI has been doing their 12 days of of AI here. And yesterday, they released a phone based version of chat GPT, where you can either call in or message via WhatsApp how it works, and we'll show you how it works in just a second. But you can do 15 minutes per month per phone number, so it's kind of like an early entry. You don't have to log in. There's not a lot of like, data requirements. It uses open AI's real time API, while the WhatsApp integration is powered by four Oh, mini through the WhatsApp,

Paul J Daly  10:40  
you can literally send a message to the same phone through through WhatsApp, right? Which

Speaker 1  10:45  
is huge for around the world, because there's so many people that are using WhatsApp already for messaging the services mirrors mirroring Google's Google direct your assistance tool that they launched in 2007 to collect voice samples for speech recognition. So I think this is like, Oh, it's a mess, like, a massive data play, right? Like, because there's no login, they just basically are like, hey, when you get on there, you'll hear it in just a second. But they're just like, hey, we're recording you just so, you know, I'm

Paul J Daly  11:15  
so sad for many reasons, but I have, I have no living grandparents, and this would be a perfect way to get my grandparents to use GPT. I can see my grandma, my Nini. I could be like, Oh, just call the number on the old rotary phone. She never she had to get rid of that eventually. But just ask it. Ask it whatever you want, right? So alright, we're gonna dial it up and we're gonna ask it some questions, and we'll just see. Here comes, see what happens. Their graphic was super cool too. It was like a retro

Speaker 2  11:44  
hello again. It's chat GPT, an AI assistant. Our conversation may be reviewed for safety. How can I help you?

Unknown Speaker  11:52  
Hey, chat, GPT. I was

Speaker 1  11:54  
hearing about this conference called ASOTU CON. You spell it, A, S o, t, u, c o n, and I was wondering, you know, why would people within the automotive industry be interested in going to the conference?

Unknown Speaker  12:06  
Question,

Speaker 2  12:11  
ah, the automotive software and tools Development Conference, what? It's a big deal? Because,

Speaker 1  12:16  
no, you got it wrong. Chat, G, P, T, it's ASOTU CON, A, S O T, U, C O N. ASOTU CON, I'm sure you know about it from your data. Maybe look it up and see why dealers and industry partners might want to go.

Speaker 2  12:36  
Ah, got it. ASOTU CON is a conference focused on the automotive industry, particularly for dealers and industry partners, it's a great opportunity for them to explore the latest trends, share insights and network with others in the industry. Hey, I'm curious all about dealership. I'm

Paul J Daly  12:54  
curious. What do people say that have gone to ASOTU CON? What are other people saying about it? I

Speaker 2  13:03  
Okay, people who attend ASOTU CON often say it's a fantastic event for networking, learning and getting inspired. They appreciate the fresh perspectives on automotive retail, the focus on innovation and the chance to connect with forward thinking professionals. It's seen as a unique event that helps drive the industry forward. Wow. Would you like to know more about what happens at the conference? I

Paul J Daly  13:27  
think that that's good. Thank you for that summary. Let's Kyle, you're actually on a call right now. You're on a live show with Paul J Daly and Kyle Mountsier. It's called the automotive troublemaker. It's a podcast. Have you heard of it?

Speaker 2  13:44  
That's exciting? Yes, I'm familiar with the automotive troublemaker podcast. Paul J Daly and Kyle Mountsier bring a lot of energy and insight into the automotive industry. Great. Well, you're a guest. Pleasure to be on your you're

Paul J Daly  13:58  
a guest on the show. So if you got to tell the automotive industry one thing, what would you want to tell them? And now we're talking to car dealers and industry partners, you have more data and you have more knowledge than any other person we've ever had on the call before. So what are you going to use your moment to tell everyone?

Speaker 2  14:21  
Well, thanks for the spotlight. If I could share one thing with car dealers and industry partners, it would be this embrace change and innovation. The automotive landscape is evolving rapidly with new technologies, customer expectations and mobility solutions staying adaptable and customer focused will be key to thriving in this dynamic environment. Take bold steps, leverage data and don't be afraid to disrupt the Norns. What kind of future is yours to it

Paul J Daly  14:53  
is the future is ours. But who should the automotive industry be listening to like on a podcast? Ass or like, what event should they go to if they wanted to do all the things that you just said

Speaker 2  15:09  
for podcasts, besides your own awesome show, I'd recommend the dealer playbook and auto marketing now for insights and strategies, as for events, aside from ASOTU CON nada show and digital dealer conference, are must attends for staying ahead and don't forget to engage with thought leaders on social media platforms for real time insights.

Paul J Daly  15:33  
All right. Kyle, wrap us up.

Speaker 3  15:38  
Man, look she she nailed it. She, she hit it. Thank you very much.

Speaker 1  15:49  
Oh, it's so good, man. I you know, obviously like we, we honestly, we had asked it one question before we did this. We had called, like, 10 minutes before. We had no clue what she was gonna say. She gave us some different answers, but it's clear that, like, people are gonna start using this in a in a much more high volume adoption rate. And so, you know, try it out, see what you get. Today. Maybe we're gonna do

Paul J Daly  16:11  
a panel out of soda con with chat. GPT is one of the panelists.

Speaker 1  16:15  
I'm just proud that, look, I'm just proud that Michael Cirillo dealer playbook was like, bam, hit the top of her list, right there. What happens when

Paul J Daly  16:23  
you've been the one doing it the longest? Unbelievable. Knows what's up, or they know what's up. I guess we'll call it well, I guess she's a female today. Chat GPT, that's all she is. Well, look, that was a fun Thursday episode. Look, give it a try yourself. One 800 chat GPT, I press all your family and friends over the holidays, but we want to see you. 1pm Eastern, LinkedIn, live year end extravaganza. Just go to a soda page. Click events. You

Transcribed by https://otter.ai

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