Just talked to a Ford dealer. Others dealers were turning down Lightning allocation, he took the "extras" to get a couple Raptors. Said he is most likely going to just triple net out the Lightning's just to get rid of them as the days supply with the additional allocation puts him over 365+
EVs are coming, but for how long?
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That's funny, I had a Volt back in the day too. Overall a great car, but depreciation wasn't good and just too small of a vehicle. I'm anxious to see where the Cybertruck lands price wise as they lead the market. I'm on the Silverado EV pre-order list, but with seeing the initial fleet price of $75k they can go pound sand.
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China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities
A subsidy-fueled boom helped build China into an electric-car giant but left weed-infested lots across the nation brimming with unwanted battery-powered vehicles.
www.bloomberg.com
^link to photos and Bloomberg article:
China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities
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This topic is extremely interesting to me as it highlights a key product management tenant that seems so clear but gets violated often... We need to build products that solve a specific customer problems. No doubt EVs have value to a certain segment of the population. Tesla has their customer dialed in: Wealthy, environmental conscious consumers who want to drive a status symbol to an office that is 30min or less from home and they don't have to carry much of anything other than a laptop. This will be a 2nd or 3rd car and they will likely trade it on another vehicle in 5yrs or less (probably a bmw). This customer is a small subset of the population and Tesla is focused on owning them.
Everyone other than Tesla seems confused...The truck makers are the biggest head scratcher. We know that they build capable ICE trucks full of features that the average truck buyer will never use. You know, the cool stuff..like 4 wheel drive and tow packages... The consumer base is probably 20% people who need the capabilities and 80% people who want other people to think they need that capability. Back in the early 90s on the school bus we called these people "posers". Truck Posers are still customers with specific needs...they need a truck that can do awesome stuff that they will never do (insert Tim the tool man grunt). The auto manufacturers are so dumb that they built a truck that looks like a truck that has capabilities but it really doesn't have those capabilities and they want to sell this neutered piece of metal to the all the posers who specifically wanted those capabilities. Why, because they read a a study that showed that 80% of truck buyers don't need those capabilities but will spend $60k anyway. By this logic, why not sell them a cardboard truck? It is dumb and that is why the EV market is a mess.
Everyone other than Tesla seems confused...The truck makers are the biggest head scratcher. We know that they build capable ICE trucks full of features that the average truck buyer will never use. You know, the cool stuff..like 4 wheel drive and tow packages... The consumer base is probably 20% people who need the capabilities and 80% people who want other people to think they need that capability. Back in the early 90s on the school bus we called these people "posers". Truck Posers are still customers with specific needs...they need a truck that can do awesome stuff that they will never do (insert Tim the tool man grunt). The auto manufacturers are so dumb that they built a truck that looks like a truck that has capabilities but it really doesn't have those capabilities and they want to sell this neutered piece of metal to the all the posers who specifically wanted those capabilities. Why, because they read a a study that showed that 80% of truck buyers don't need those capabilities but will spend $60k anyway. By this logic, why not sell them a cardboard truck? It is dumb and that is why the EV market is a mess.
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OR get a Tesla Model Y for $10k less with faster charging, longer range, larger charging network, and better autonomous driving features.
Interesting post -- haven't had time to factcheck
However - if if we ramp up production.extraction -- mining is "environmentally friendly" right??
View: https://twitter.com/MatthewWielicki/status/1700492665014603800
However - if if we ramp up production.extraction -- mining is "environmentally friendly" right??
View: https://twitter.com/MatthewWielicki/status/1700492665014603800
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Stellantis' CEO doesn't think we have enough minerals to take EV growth to the levels being proposed:
Stellantis CEO: Earth Doesn't Have Enough Lithium For EVs
At a Stellantis-hosted event, CEO Carlos Tavares remarked that there might not be enough lithium to replace every internal-combustion vehicle with an EV.
jalopnik.com
China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities
A subsidy-fueled boom helped build China into an electric-car giant but left weed-infested lots across the nation brimming with unwanted battery-powered vehicles.
^link to photos and Bloomberg article:
China’s Abandoned, Obsolete Electric Cars Are Piling Up in Cities
https://www.bloomberg.com/news/arti...n-automakers-rise-to-dominate-domestic-market
China’s Homegrown Automakers Rise to Dominate Domestic Market
I get to have some great experiences as part of my job and one of those was traveling to Dubai multiple times.
That market has more Chinese EV companies than you can imagine - they're not in North America yet, but they are spreading their wings all over the place overseas.
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‘Electric Cars Are Losing Us Money’: UAW Member Slams Biden’s Push For EVs
‘Electric Cars Are Losing Us Money’: UAW Member Slams Biden’s Push For EVs
A striking member of the United Autoworkers (UAW) told a reporter that electric vehicles “are losing us money” while on the picket line Friday.
dailycaller.com
