mackinaw
Member-
Posts
3,206 -
Joined
-
Last visited
-
Days Won
14
mackinaw last won the day on January 23
mackinaw had the most liked content!
mackinaw's Achievements
1.2k
Reputation
-
In case you haven't seen this yet, Fisker has suspended EV production for the next six weeks. On the other hand, they're rumored to be linking up with some OEM (rumored to be Nissan). So who knows what to make of this company. https://www.wired.com/story/fisker-suspends-electric-vehicle-production/
-
Depends what your level of risk aversion is. If you are in the financial position of having some money to play with, buying shares of Fisker may pay off. Or it may not. I've been thinking about doing the same. Haven't pulled the trigger yet though.
-
"ICE Elongation Thesis." Only a Wall Street analyst could come up with something like that. And talk about Adam Jonas pivoting 180. Five years ago, he was the guy who was predicting that EV adoption would happen quickly and dramatically, like dominos falling over. Marketplace reality, as usual, had other ideas.
-
From memory, the Ford Five Hundred (circa 2005) had a CVT transmission mated to the 3.0L V6 in the AWD models. I remember reading that it was a "high torque" CVT. It was expensive to produce, so was dropped in favor of a more conventional auto tranny at some point.
-
Ford Discusses New Affordable EV Platform
mackinaw replied to DeluxeStang's topic in Ford Motor Company Discussion Forum
I was reading elsewhere this afternoon that one reason Rivian delayed their planned Georgia plant was because it save them 2.25 billion dollars, which will buy them one more year. -
Ford Discusses New Affordable EV Platform
mackinaw replied to DeluxeStang's topic in Ford Motor Company Discussion Forum
You have to give Sergio credit for that. Fiat Chrysler stopped selling compact and mid-size sedans back in 2016. Ford followed suit in 2019. -
Ford Discusses New Affordable EV Platform
mackinaw replied to DeluxeStang's topic in Ford Motor Company Discussion Forum
But there were still over 3,600,00 births in the US last year. That's a lot of babies. -
Not surprised. Look for Ford, and others, to hire some of the engineers who were working on this car.
-
Ford Delays EV Bronco and Maverick
mackinaw replied to Broncofan7's topic in Ford Motor Company Discussion Forum
A $25,000 BEV is now the price of admission into the EV game. There was an excellent article in the Detroit News on this topic that , unfortunately, is behind a paywall. Luckily, I subscribe. Some quotes: "As a result, a profitable $25,000 EV has become a golden egg in the industry. Tesla Inc. CEO Elon Musk says the Texas-based company will have an EV at that price point soon. Tavares points to the slim-margin Citroën ë-C3, a hatchback built in Slovakia from the French brand not sold in the United States whose mid trim is about $25,000 (23,300 euro), as an achievement. And Ford Motor Co. CEO Jim Farley says the Dearborn automaker is working as quickly as possible to bring a new low-cost EV platform to market that could support a vehicle priced as low as $25,000." "To get mainstream customers interested, the $25,000 price tag is a good target, experts say, and it can be attainable. “The question is for a first-generation $25,000 EV for the U.S. market: What compromises will they have to make?” said Sam Abuelsamid, principal e-mobility analyst at market research firm Guidehouse Inc. “How much range will they have to give up to get to that $25,000, or what features will they have to give up?" "Given such few $25,000 options even among traditional vehicles, the question then arises if there is a market for affordable EVs. Colin Langan, analyst at Wells Fargo & Co., recently questioned whether one exists beyond an alternative for buyers in the used market. “New car buyers usually buy for the status of it,” he said last month during the Federal Reserve Bank of Chicago’s Automotive Insights Symposium. “To get the price point low, you need a really small battery and less weight, and I just don't know that the market is there. It doesn't mean there's not a huge market in China, or there's not a market in Europe. But to do a $25,000 vehicle, it needs to be right now very small." As a result, executives and experts say to have a slate of desirable and affordable EVs, there need to be changes in the supply chain, advances in manufacturing processes and developments in battery technology such as with cheaper materials." Much more here, if you subscribe: https://www.detroitnews.com/story/business/autos/2024/02/21/affordability-auto-industry-25000-dollar-ev/72574561007/ -
The pressure came from the investment community. Five years ago, influential Wall Street analysts, like Adam Jonas (Morgan Stanley), predicted the EV wave would be like a tsunami. He was predicting mass adoption of EV's in a matter of a few years. If your company wasn't seen as investing in EV's, then it had no future. So, fearful that they would lose investors, every manufacturer fell in line and developed EV's. Fast forward to 2024, and the mass adoption of EV's is moving at a much slower rate than anyone expected (outside of Akio Toyoda). As is always the case, the marketplace has the final word.