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$NIO Inc (NIO.US)$ $Tesla (TSLA.US)$ $Ford Motor (F.US)$ In essence, new energy vehicles cannot reduce carbon emissions. Although they reduce oil, they increase electricity. If the electricity is still coal, it actually increases carbon emissions. Therefore, the focus of carbon neutrality is not on new energy sources at all, but on how to replace coal power with green power. Everything revolves around this theme. Moreover, Europe has acted too hastily and directly caused an energy crisis. We must understand this basic principle.
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"Tesla Rival"..."Tesla Killer"..."Benchmark Tesla"..."Competition is Coming"
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Ford Motor (F.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$
$Tesla (TSLA.US)$ $Lucid Group (LCID.US)$ $Ford Motor (F.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$
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President Joe Biden endorses legislation introduced by U.S. Rep. Dan Kildee (D-MI) that would expand the existing consumer tax credit for electric vehicle and add incentives for vehicles made with union labor, Kildee said Tuesday.
The legislation would expand the existing tax credit to up to $7,500 for another five years, and add incentives for vehicles made with union labor. Most EVs would qualify for a $7,500 tax credit. But union-built EVs assembled in the U.S. would receive an additional $4,500 in credits.
Only $Ford Motor (F.US)$ , $General Motors (GM.US)$ and $Stellantis NV (STLA.US)$ , Chrysler’s parent company, would benefit from the extra incentive, as union workers assemble most of their EVs in U.S. plants.
The proposal effectively leaves other automakers, including $Tesla (TSLA.US)$ , the nation’s main EV manufacturer, at a $4,500 per vehicle disadvantage.
Tesla CEO Elon Musk also criticized the measure, saying at a recent Beverly Hills, Calif., conference that the Biden administration is “controlled by unions.”
How do you feel about this? Is it fair that some of them are getting more benefits?
Source:
Biden endorses EV tax credit bill
Democrats' electric vehicle push sparks intense lobbying fight
The legislation would expand the existing tax credit to up to $7,500 for another five years, and add incentives for vehicles made with union labor. Most EVs would qualify for a $7,500 tax credit. But union-built EVs assembled in the U.S. would receive an additional $4,500 in credits.
Only $Ford Motor (F.US)$ , $General Motors (GM.US)$ and $Stellantis NV (STLA.US)$ , Chrysler’s parent company, would benefit from the extra incentive, as union workers assemble most of their EVs in U.S. plants.
The proposal effectively leaves other automakers, including $Tesla (TSLA.US)$ , the nation’s main EV manufacturer, at a $4,500 per vehicle disadvantage.
Tesla CEO Elon Musk also criticized the measure, saying at a recent Beverly Hills, Calif., conference that the Biden administration is “controlled by unions.”
How do you feel about this? Is it fair that some of them are getting more benefits?
Source:
Biden endorses EV tax credit bill
Democrats' electric vehicle push sparks intense lobbying fight
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Difficult to predict because on one hand $Tesla (TSLA.US)$ is already an established household brand as a EV automaker. But there are several other automakers who are in the battlefield too. Maybe in terms of cost Testla will lose out to the other more cost effective models.
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$Lucid Group (LCID.US)$ $Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ The unknown has always been something electric automakers have ventured in, and Lucid Motors is certainly no exception to that testament. There was a ton of unknown; from as little as what to call their first car to what kind of car their pioneering hunk of metal would be.
However, if there's one thing Lucid Motors knew for damn sure, it was that they wanted to create something modern; something that was focused on the future, but made living in the present enjoyable.
And that really is what formed Lucid's core. Naturally, with this brand identity in full force, some of these unknown questions became answered. If you want to establish yourself as a luxury automaker, you create a luxury sedan. And that's exactly what Lucid did: they reinvented the sedan to make a beauty of a car.
And that's how Lucid Motors sets themselves apart from their competition. They established themselves as a luxury-focused EV; and clearly, they've done it right. The seats are comfortable, and are nowhere close to the comfort of a Tesla Model S.
And that's why Lucid will win the "EV battle." When I say that, I mean Lucid Motors will become the standard of EVs. Lucid Motors has managed to eliminate the common feel of the electric car and morph it into a car you actually would want to be in; and not just because of the powertrain.
It also manages to get better range than its rivals, with its top of the line trim being able travel 517 miles on a single charge. It's more spacious than its rivals, with more headroom and legroom than any other car in its segment. And soon enough, you'll be able to have one in your driveway.
However, if there's one thing Lucid Motors knew for damn sure, it was that they wanted to create something modern; something that was focused on the future, but made living in the present enjoyable.
And that really is what formed Lucid's core. Naturally, with this brand identity in full force, some of these unknown questions became answered. If you want to establish yourself as a luxury automaker, you create a luxury sedan. And that's exactly what Lucid did: they reinvented the sedan to make a beauty of a car.
And that's how Lucid Motors sets themselves apart from their competition. They established themselves as a luxury-focused EV; and clearly, they've done it right. The seats are comfortable, and are nowhere close to the comfort of a Tesla Model S.
And that's why Lucid will win the "EV battle." When I say that, I mean Lucid Motors will become the standard of EVs. Lucid Motors has managed to eliminate the common feel of the electric car and morph it into a car you actually would want to be in; and not just because of the powertrain.
It also manages to get better range than its rivals, with its top of the line trim being able travel 517 miles on a single charge. It's more spacious than its rivals, with more headroom and legroom than any other car in its segment. And soon enough, you'll be able to have one in your driveway.
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Allow me to explain why:
The battle of EV was never about engine and the design of the automobile anymore, those considerations belong to the industralisation age. In the future era, data is king.
Based on the comparison between the respective EV companies, $Tesla (TSLA.US)$ triumph based on its forerunner role in the futuristic autonomous EV space.
$Tesla (TSLA.US)$
The union or industrial age competitors are caught up in an era where customer purchases a vehicle once and these companies simply adhere to the warranty and recall etc. This pales in comparison to what new age companies like Tesla has to offer in terms of machine learning and big data. These Tesla machines serves as a product that could get better with every use from the user much like an evolving equipment. If this sounds to you like a similar approach of the eco-system that $Apple (AAPL.US)$ is selling to their device consumer, I don't think you would be dead wrong.
With the above said, there are new age companies such as $Lucid Group (LCID.US)$ that caught up with the EV craze and not all new-age companies is a Tesla.
All the content in this post is not financial advice and are mere non-professional opinions to the changes out there. Please do your own due diligence before making any decision financial or non-financial and any content in this post should not bear any weight in your decision made. Seek professional advice/help where necessary.
The battle of EV was never about engine and the design of the automobile anymore, those considerations belong to the industralisation age. In the future era, data is king.
Based on the comparison between the respective EV companies, $Tesla (TSLA.US)$ triumph based on its forerunner role in the futuristic autonomous EV space.
$Tesla (TSLA.US)$
The union or industrial age competitors are caught up in an era where customer purchases a vehicle once and these companies simply adhere to the warranty and recall etc. This pales in comparison to what new age companies like Tesla has to offer in terms of machine learning and big data. These Tesla machines serves as a product that could get better with every use from the user much like an evolving equipment. If this sounds to you like a similar approach of the eco-system that $Apple (AAPL.US)$ is selling to their device consumer, I don't think you would be dead wrong.
With the above said, there are new age companies such as $Lucid Group (LCID.US)$ that caught up with the EV craze and not all new-age companies is a Tesla.
All the content in this post is not financial advice and are mere non-professional opinions to the changes out there. Please do your own due diligence before making any decision financial or non-financial and any content in this post should not bear any weight in your decision made. Seek professional advice/help where necessary.
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Columns Tesla has the advantage
$Tesla (TSLA.US)$ $Ford Motor (F.US)$ $PORSCHE AUTO HL SE (POAHY.US)$ The entire industry is gearing up for the challenge. Ford CEO Jim Hackett said that building cars is not just about technology. “We have to have an industrial model. Ford is really good at this,” he said. And he took a shot at Musk, who is also the CEO of spacecraft company SpaceX. “I happen to compete with a rocket scientist who’s really smart, and I respect that about him,” Hackett said. “And yeah, he’s competing with the ultimate disruptor in Henry Ford.”
For now, however, Tesla has the advantage. The company expects to deliver between 360,000 and 400,000 vehicles this year. It says production could increase to 500,000 in the 12 months to June 30, 2020, depending on how quickly a new factory in Shanghai comes online. And leaks suggest that the Porsche Taycan, which is often described as a “Tesla killer,” won’t live up to those expectations. According to analysts at UBS, the car will take a half second more than the Tesla S Performance model to go from zero to 100 kilometers per hour. The Porsche also won’t have the range of the Model S.
Porsche says performance is about more than raw speed. Taycan buyers will get better craftsmanship and materials, but they’ll be paying more too. The car is expected to sell for at least €90,000 ($100,000) in Germany, and the Turbo version will cost upwards of €150,000 ($167,000) — that’s roughly €50,000 ($56,000) more than the souped up Model S.
It is intriguing that not even a leading sports car producer could beat Tesla on key metrics,.
For now, however, Tesla has the advantage. The company expects to deliver between 360,000 and 400,000 vehicles this year. It says production could increase to 500,000 in the 12 months to June 30, 2020, depending on how quickly a new factory in Shanghai comes online. And leaks suggest that the Porsche Taycan, which is often described as a “Tesla killer,” won’t live up to those expectations. According to analysts at UBS, the car will take a half second more than the Tesla S Performance model to go from zero to 100 kilometers per hour. The Porsche also won’t have the range of the Model S.
Porsche says performance is about more than raw speed. Taycan buyers will get better craftsmanship and materials, but they’ll be paying more too. The car is expected to sell for at least €90,000 ($100,000) in Germany, and the Turbo version will cost upwards of €150,000 ($167,000) — that’s roughly €50,000 ($56,000) more than the souped up Model S.
It is intriguing that not even a leading sports car producer could beat Tesla on key metrics,.
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Unionized automakers VS New-age automakers, wow, this looks like Avengers:Endgame movie. Who will be Avengers? Who will be Thanos? And who will say 'I am inevitable'? Maybe the Democrats want to be the next blockbuster movie director for the new movie 'EV:Endgame'?
Peace
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$AMC Entertainment (AMC.US)$
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$GameStop (GME.US)$
Peace
$BlackBerry (BB.US)$
$AMC Entertainment (AMC.US)$
$Cenntro Electric (NAKD.US)$
$GameStop (GME.US)$
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$Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ $BYD ELECTRONIC (00285.HK)$ Tesla took two of the top three spots for best-selling electric car models in China, industry data for the first three quarters of the year showed.
That’s well ahead of start-up rivals like Xpeng and Nio, according to data released by China Passenger Car Association on Wednesday.
Here’s the association’s list of the 15 best-selling new energy vehicles in China for the first three quarters of 2021:
1. Hongguang Mini (SAIC-GM-Wuling)
2. Model 3 (Tesla)
3. Model Y (Tesla)
4. Han (BYD)
5. Qin Plus DM-i (BYD)
6. Li One (Li Auto)
7. BenBen EV (Changan)
8. Aion S (GAC Motor spin-off)
9. eQ (Chery)
10. Ora Black Cat (Great Wall Motor)
11. P7 (Xpeng)
12. Song DM (BYD)
13. Nezha V (Hozon Auto)
14. Clever (SAIC Roewe)
15. Qin Plus EV (BYD)
That’s well ahead of start-up rivals like Xpeng and Nio, according to data released by China Passenger Car Association on Wednesday.
Here’s the association’s list of the 15 best-selling new energy vehicles in China for the first three quarters of 2021:
1. Hongguang Mini (SAIC-GM-Wuling)
2. Model 3 (Tesla)
3. Model Y (Tesla)
4. Han (BYD)
5. Qin Plus DM-i (BYD)
6. Li One (Li Auto)
7. BenBen EV (Changan)
8. Aion S (GAC Motor spin-off)
9. eQ (Chery)
10. Ora Black Cat (Great Wall Motor)
11. P7 (Xpeng)
12. Song DM (BYD)
13. Nezha V (Hozon Auto)
14. Clever (SAIC Roewe)
15. Qin Plus EV (BYD)
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Johnnie Worker : It’s a war in front of the us, and the one who have guts shall win!
Louou : Everything will move towards intelligence, which is the trend of development
ex whywhyzee : this is what I've been arguing with wealthy Tesla fanbois who just don't seem to get it. while over the lifetime an EV has a smaller carbon footprint then a gasoline powered vehicle, EVs are still not the panacea that many believe that they are. battery production is still quite nasty for the environment, and some studies released this summer show that an EVs break-even point is after 10s of thousands of miles, which can vary depending on the primary source powering the grid.
if you're really serious about climate change, then stop focusing on ramping up EV sales vs gasoline powered sales, and start looking to develop mass transit systems.
Nelson Figueroa : what about green energy
Bama-Slammer : Do your DD with solar. Research how much water it takes and the chemicals used to produce. Look up the life cycle of the panel and the battery. Look up how batteries are made how great they are for the earth. Solar will be a great way I HOPE. Love fast hate slow