Tesla BEV Competition Developments

[willow_hiller]

A focus on demand issues seems like a poor avenue of attack.

I didn't read it as demand issues, so much as fabricated pre-orders with the intent to deceive investors:

" Later, heading into Lordstown’s eventual go-public transaction in 2020, a small consulting group called Climb2Glory was paid to generate pre-orders. Climb2Glory openly described the purpose behind the pre-order game: “the faster the pre-orders arrived, the greater investors’ confidence would be in the company and the faster funds would flow in.” "

 

[RobStark]

Rivian May Expand Illinois Plant

Published reports suggest that Rivian will expand it manufacturing facility in Normal, Illinois. The electric vehicle manufacturer has filed plans that would add up to 10 million...

www.constructionequipment.com

 

[willow_hiller]

A short response to Hindenburg from Lordstown Motors: Lordstown Motors Issues Statement Regarding Short-Seller Report | Lordstown Motors Corp.

Only two sentences really address the allegations; and they don't address all of them:

The company is aware of the remarks made in the report and intends to respond as appropriate in due time.​

Lordstown Motors remains on track for start of production of its Lordstown Endurance all electric pickup truck in September 2021.

 

[Ocelot]

can go to 11.40 to see features. very cool .

<iframe width="800" height="450" src="

" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

 

[JRP3]

Trying a bit too hard to be clever. "pull out bed extension" Every other truck has that, it's called a tailgate.

 

[ohmman]

Trying a bit too hard to be clever. "pull out bed extension" Every other truck has that, it's called a tailgate.

This wasn't a tailgate, though. It had sides, so it's quite a bit different than other trucks.

 

[JRP3]

Their tailgate splits in two and folds to the sides, so they added the pull out extension to extend the bed. A conventional tailgate inherently creates an extended bed when open. I guess I'm not seeing a functional benefit from their more complex configuration.

 

[CorneliusXX]

can go to 11.40 to see features. very cool .

<iframe width="800" height="450" src="

" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

That's got some great features. I particularly like the front powered section, the lights in the bed and all the outlets. It looks like a very practical vehicle.

A shame it only has 2 seats for a cabin that large. A crew cab with a simpler dash would have been better.

 

[RobStark]

A few years ago when BMW decided to pivot away from EVs after i3 did not meet expectations a group of German engineers working on EVs bolted to Faraday Future.

When FF was on deaths doorstep and no longer paying employees they left and started Canoo. Now they have a partnership with Hyundai.

IMO that gives Canoo greater credibility than most BEV startups with nothing more than a prototype and a business plan.

I do wish the pickup seated at least 4 people.

 

[JRP3]

I think they need the space in front of the dash for crumple zone, other wise it seems like a waste of space.

 

[ZsoZso]

Phil LeBeau: Are those Serious orders ?
Lordstown CEO: Well, no. These are non-binding letter of intents.

 

[Fred42]

Phil LeBeau: Are those Serious orders ?
Lordstown CEO: Well, no. These are non-binding letter of intents.

And Tesla reservations and orders are non-binding. Tesla's long reservation list for the X vanished once the X was available for sale. I don't believe Tesla did anything underhanded. The reservation holders decided not to follow through with purchases, but people subsequently ordered and bought X's. If Lordstown's products, prices and service arrangements are good and if the PR/vibe is good enough, people might buy their trucks and they might survive.

 

[RobStark]

Nidec to supply motors for Foxconn’s EV initiative

The Japanese supplier, a key player in the electric-motor industry, is pushing deeper into the global auto market, adding names to the roster of automakers buying its motors. That list already includes China’s Guangzhou Automobile Group and France’s Peugeot.

www.autonews.com

 

[ZsoZso]

And Tesla reservations and orders are non-binding. Tesla's long reservation list for the X vanished once the X was available for sale. I don't believe Tesla did anything underhanded. The reservation holders decided not to follow through with purchases, but people subsequently ordered and bought X's. If Lordstown's products, prices and service arrangements are good and if the PR/vibe is good enough, people might buy their trucks and they might survive.

Please watch the video I linked in the post your replied to before you compare Lordstown's claims to Tesla's.
Elon NEVER claimed that they have "PRE-SOLD" the reserved vehicles like Steve did, see the segment with Jim Cramer where Lordstown CEO insisted he had serious orders - not reservation - orders for their trucks. So this recent admission that they are non-binding letter of intents only is a direct contradiction to his previous statements on national TV.

 

[navguy12]

And Tesla reservations and orders are non-binding. Tesla's long reservation list for the X vanished once the X was available for sale. I don't believe Tesla did anything underhanded. The reservation holders decided not to follow through with purchases, but people subsequently ordered and bought X's. If Lordstown's products, prices and service arrangements are good and if the PR/vibe is good enough, people might buy their trucks and they might survive.

FWIW: I had to put down a (refundable) $US 1,000 for my Model 3 reservation back in 2016. Perhaps a refundable $US 100 reservation could provide LM with a real idea of demand.

 

[Buckminster]

Geely looks to battle Tesla with its own premium EV brand Zeekr - Electrek

 

[RobStark]

Geely looks to battle Tesla with its own premium EV brand Zeekr - Electrek

What is Volvo, Polestar, and Link & Co for?

 

[UkNorthampton]

UK - discounts from dealers, too many for a single post, so I've clipped out some EVs together with similar models/OEMs for comparison

 

[RobStark]

Bill and Ted go on a Taycan Adventure

 

[MC3OZ]

Good video.... worth watching.