Episode Details

Ferrari launched its first EV and car lovers + the internet are deeply unimpressed. This is bad news for Ferrari in the short term, but new data shows Ferrari was spot on to tackle the fast growing electric vehicle market. Global EV sales hit 20 million in 2025, on track for half a billion cars within a decade. Meanwhile the Strait of Hormuz blockade is draining global strategic reserves. Could it push buyers in the US, the world’s 2nd largest auto market, toward electric after all?

CHAPTERS

00:00 Ferrari Luce launch and the internet's reaction

01:32 The Azzurro La Plata color choice and design comparisons

02:47 Ferrari stock drops 8% and fan sentiment

03:39 Why Ferrari made this move 14 global EV market data

05:00 IEA: 20 million EVs sold globally in 2025

05:50 China dominates, Europe surges, U.S. lags

07:27 Ford's $19B EV write-off and Ford Energy spinout

08:14 Cox Automotive: U.S. EV sales down 27% in 2026

09:06 Strait of Hormuz blockade and oil price crisis

10:49 Strategic reserves running out by mid-July

12:00 How sustained high gas prices could shift U.S. EV buying

13:35 The 1970s oil crisis parallel

13:57 IEA projects 510 million EVs by 2035

IF YOU LIKED THIS, WATCH:

→ Autos Have to Choose Between Military and China: https://youtu.be/uvOGcIjL1_I

→ Global Oil Reserves Are Running Dry, Next Crisis Here? https://youtu.be/L7JKxr_lvP4 

SOURCES & FURTHER READING

Ferrari Electric Future and Backlash

• Ferrari Luce Electric Supercar Official Reveal Features Specs and Design: https://www.ferrari.com/en-EN/auto/ferrari-luce 
• Why Ferrari Fans Are Divided Over the New Luce EV Strategy and Brand Shift: https://www.theguardian.com/environment/2026/may/27/why-ferrari-backlash-electric-car-luce 

EV Market Trends and Sales Decline

• US EV Sales Drop in 2025 What the Latest Q1 2026 Data Signals for the Industry: https://www.coxautoinc.com/insights/q1-2026-ev-sales-report-commentary/

Global Energy and Oil Market Pressures

• When the Next Crude Oil Crisis Could Hit Timing Risks and Economic Impact Explained: https://www.brookings.edu/articles/the-timing-of-the-impending-crude-crisis/ 
• How Long Iran Can Sustain Economic Pressure Under US Sanctions and Oil Constraints: https://www.wsj.com/world/middle-east/how-long-can-iran-withstand-the-economic-pain-of-the-u-s-blockade-c2427624 

Global EV Outlook and Future Adoption

• Global EV Outlook 2026 Key Trends Growth Forecasts and Adoption Insights: https://www.iea.org/reports/global-ev-outlook-2026/executive-summary 

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