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Showing content with the highest reputation on 03/15/2023 in Posts
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Rivian's stock is just tumbling. It closed at $13.03 today. At this point, I'm glad I never got in when it was close to IPO prices but I'm getting the itch to jump in now that it's close to $10.2 points
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@ccap41 @Cmicasa the Great @oldshurst442 @Robert Hall @surreal1272 @Drew Dowdell @riviera74 @trinacriabob One thing I just realized I have never ever stated is that Kia/Hyundai have had an edge in rolling out EVs faster than everyone else at this point. Samsung and LG connections that go farther back in battery supply than the U.S. Legacy OEMs. GM is leading all OEMs right now in building battery plants and will be able to roll out much more models faster once all the battery production comes online. We are on the cusp of the next major revolution in the auto industry. Once battery capacity comes online, there will be nothing to stop the auto industry from making a much wider assortment of of EVs. GM is to EVs what Henry Ford was to the Model A and making autos for the masses. Ford is a solid Year behind GM in building battery plants and so is the rest of the auto industry. The Germans except for VW who is on pace to be equal to GM in Europe for battery production is leading. We have all seen the news stories about GM showing off 3 new EVs for Cadillac alone this year. An Escalade, XT6 equal EV and a Car EV equal to the CTs. We have not heard any rumors, but there is nothing holding GM back from showing off other GMC/Buick/Chevrolet models to come in the next 18 months as GM is going to have considerable battery production online by the end of this year and even more early next year. Remember GM is planning to be able to produce 1 million EVs very soon. I think with the Entry and Mid-level EV SUVs they are bringing out this year, that should really help them ramp up production. Thoughts?2 points
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This is so true.. and despite the fact that the legacy companies are supposed to go fully ev by 2030.. the pace at which they are pushing out product is bewildering. My fav of course is GM.. but I'm let down over their pace the most.. considering the Ultium battery and EV platform is avail. U gave the Lyric a headstart for Cadillac.. and the Hummer for GMC.. there shold be nothing stopping them from having a Tahoe, Yukon, and obviously, Escalade EV on the roads.. not to mention the Blazer should already be out or on its way for Spring delivery.. APRIL. But here the issue.. IMO.. the Legacy companies, GM and Ford.. are still to beholden to old school thinkers. They are like Harley Davidson. They make beautiful, and finally, reliable bikes.. but they fail at addressing the younger generation alternatives from Suzuki, Kawasaki, and Honda by not having incorporated Buell into the ranks before Buell restarted on its own with Roland Sands. Case in point.. my Vrod.. AWESOME bike.. but because "Harley Guys" hated it in America.. they killed it. GM needs to get on the ball.. like Hyun/Kia.. just push out products that would sell under the EV heading. CAn U tell me why the CT4and CT5 aren't being continued with an EV powertrain like the 3series/5Series coming up.. or at the very least.. the hybrid system avail in the Corvette Eray?2 points
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Ive had this jingle in my head today. I like the late 60's bubble gum rock style guitar twang. And the lyrics... I dig the lyrics. I think my signature had something to do with it... Anyway... if Im posting this jingle in the beautiful cars thread, I think you all know what Im gonna post...2 points
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Have to say I find this press release of leading the way to be ROFLMAO funny. Collaborations Show There’s More to Electrification Than BEVs - Toyota USA Newsroom The press release talks about how Toyota is building leadership collaborations with charging stations companies and software companies that will allow future ease of management of your EV. @oldshurst442 @ccap41 Thought you guys might like this. Hyundai is planning to bring racing success to their company with their class racing wins starting with Daytona and expecting to continue with racing at the Sebring. Hyundai Primed for Success in Sebring - Hyundai Newsroom1 point
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I do not think that is true. Not anymore. Sure...they want to produce trucks. V8 trucks. Hey...that is what makes them the cash. Ford has two EVs and both of those EVs are beholden to old school thinkers but told them outright: Your favorite Fords are now ELECTRIC...DEAL WITH IT. Their cash cow, golden goose F150. And their other icon. The MUSTANG Mach-E. And its a CUV. 4 door CUV. Cadillac has CUVed their Sedan DeVille and electrified it and called it the Lyriq. And you mentioned the Vette. And yes. The E-Ray is gonna go on sale soon enough. And there is a small pattern too. Start off with EV models that can make money from the get go. They make money on a Lyriq. They make money on the Hummer EV. Next up is the Silverado EV which is very closely related to the Hummer. At the price point that the E-Ray is at, they will make money with that one too. Especially when the C8 has been a success commercially. Would be even more so had it not been for chip shortgages and Covid closures. But...in (late?)2023 the Equinox EV and Trailblazer EV WILL be coming on line. In 2024 is when GM will be talked about and their EVs. Patience. Dont forget that in China... SAIC/GM/Wuling is selling tons of EVs. ANY hiccups will be rectified in China, GM will learn from that and GM USA will be better for it.1 point
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Id rather GM continue on the way they are on now. The EVs will be coming. Slow. But reliable. GM cannot afford any missteps, any bad press any bad anything. The Lyriq's production was purposesly slowed down for exactly the reasons I stated above. https://electrek.co/2023/01/11/gm-to-accelerate-cadillac-lyriq-rollout-after-122-deliveries-in-2022/#:~:text=After delivering only 122 Cadillac,customers receive the best quality. After delivering only 122 Cadillac Lyriq EV models in 2022, General Motors says it was purposely slow with the rollout as it worked through issues with its new electric vehicle and to ensure customers receive the best quality. With a stockpile of 2023 Cadillac Lyriq models, GM says it’s now confident in its process going forward. I bitched about quality issues of Hyundai and KIA and tied it with GM and how GM gets the shyte STILL today... We talked about Hyundai/KIA issues with their ICE vehicles, but they also have issues with their EVs... https://www.cnet.com/roadshow/news/hyundai-kia-ioniq5-ev6-rollaway-risk-recal/ Hyundai and its sister brand Kia are recalling their latest and greatest Ioniq 5 and EV6 electric vehicles over concerns that a software issue could cause their parking brakes to disengage and present a roll-away risk. This recall affects 10,729 Ioniq 5s and 9,014 EV6s in total. With the problem being software-based, the fix for this issue is luckily relatively straightforward and involves your Hyundai or Kia mechanic updating the software for the Shifter Control Unit. GM cant afford ANY of that kind of publicity. GM has a record of quality as of late. They NEED to continue this and rolling out EVs JUST for the sake of saying they have EVs out for sale is not necesssary as the ancient Bolt EV and EUV at the price GM is selling them now is comfortably in 3rd place. Making money for a better transition going forward with an ALL EV line-up in the very very near future. Their ICE trucks selling at a slight uptick making MORE money for GM. Why spend all that profit for unnecessary recall repairs while getting a black eye on quality and reliabilty again? GM is feeling a tad frisky in spending money. They want to go racing in F1 with Cadillac. I think THAT is a better way to blow through cash than recall repairs with even more money on useless JD Power commercials tooting reliability trying to convince people that GM cars ARE reliable. Yeah...remeber those commercials? GM's marketing department gets to advertise Cadillac, Ultium if they go racing in F1 and the exposure is ALL POSITIVE. No need to convince ANYBODY because the proof will BE in the pudding!!! Ill repeat. Hyundai/KIA and all those recalls and I YET to see ANYBODY complaing about how their wife's brother's uncle's sister bought a Hyundai and it was shyte and therefore they will NEVER buy a Hyundai EVER again. GM gets to relive the malaise era time and time again even in 2023... Rush the EVs, have as many as recalls as Hyundai has now and tell me with a straight face that GM will NOT get any blowback...1 point
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Those rotating 2nd row seats are a neat gimmick, though. Can’t recall an SUV or minivan with something like that in the US market.1 point
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