EVs

EVS: An Unmitigated Disaster

December 12, 2021: top five EV manufacturers, Investor's Business Daily:

• Top five for investors:
• Tesla
• GM
• F
• BYD
• Xpeng
• Big names with neither strong track records of earnings growth nor market outperformance:
• Fisker (FSR)
• Canoo (GOEV)
• Faraday Future (FFIE)
• Lordstown (RIDE),
• Xos (XOS
• Bringing in revenue, America:
• Lucid (LCID)
• Rivian (RIVN)
• Unprofitable but bringing in revenue, Chinese:
• Nio (NIO)
• Xpen (XPEV)
• Li Auto (Li)
• Supercar:
• first all-electric supercar, 2025: Ferrari (RACE)
• Charging stations:
• ChargePoint (CHPT)
• EVgo (EVGO)
• Blink Charging (BLNK)
• Wallbox (WBX)
• Powertrains for big-rig:
• Hyliion (HYLN) -- as well as hydrogen
• Battery packs for commercial EV fleets:
• Romeo Power (RMO)
• Major breakthrough in solid-state lithium metal batteries:
• QuantumScape (QS)
• Battery enclosures for GM's Hummer, due in late 2021;
• Magna (MGA): also makes e-drive gearboxes for Nio and Xpeng; will also make the Fisker Ocean SUV, due out late 2022

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Updates

August 11, 2023: GM unveils their new 2025 Cadillac Escalade IQ:

• range: 450 miles
• 24-module battery: 200 kWh
• using the 800-volt DC fast charger: 100 miles range in 10 minutes
• this is the quickest form of charging currently available
• more power than the current supercharged V-8 SUV Cadillac Escalade
• starts at $130,000 vs average price off $115,000 for the ICE version
• Cadillac's first major step into the traditional vehicle lineup as an EV
• distinguishes it from Cadillac's Lyriq and Celestiq EVs
• Cadillac plans to make its entire lineup electric by 2040
• Escalade's current profit margins: 30%
• will be produced at a Detroit factory alongside the GMC Hummer EV, the Chevrolet Silveraado EV, and the Cruise Origin Shuttle EV
• the ICE version will continue to be manufactured at GM's Arlington Assembly in Texas.
• Escalade IQ sales likely to ramp up toward the end of the decade
• larger / more room than current ICE version

August 11, 2023: Ford will transition to fake EVs -- hybrids -- for now -- just announced this week -- will cut back on BEVs -- losing too much money -- use hybrids as the transition from ICE vehicles to BEVs; it's very clear from the CEO's remarks that no one at Ford really believes in fake EVs but they are facing a financial disaster; Shares: down almost 5% after the announcement, now trading at $12.15.

December 12, 2021: updates. WJS -- Daimler Truck Group and Rivian R1T review. 

December 1, 2021: the Australian connection.

November 30, 2021: Daimler-Benz ready to roll out their EV tractors after the first of the year.

November 29, 2021: Nissan announces $18 billion program through 2030; 23 EVs to include hybrids and 15 all-electric vehicles. Link here. 

November 22, 2021: blogging work for today.

November 21, 2021: Ford holding back on F-150 Lightning production. Link here.