Porsche is still ahead of Tesla in the United States, Volkswagen is booking cars and Hurricane Laura is hitting dealerships and everything else in Texas and Louisiana. All this and more in The Morning Shift on August 27, 2020.
The Taycan is there and is a worthy competitor to the Tesla Model S and is also preparing an electric Macan that would combat the Model X.
Although all of Tesla’s competition is getting a little more serious, you know, in fact, when competing with Tesla, everyone feels behind and with a short dollar, it will be appealing to see this game for the next five years.
Tesla has had a huge start: the Model S was brought over 8 years ago! However, if the history of the car shows something, it is because things are replaced very quickly. And while one company may have technological merit over others for a while, they all catch up.
Porsche is doing it to catch up.
From the Financial Times:
“We don’t have a plan to postpone anything in [America], and that’s also true for other countries,” Oliver Blume, Porsche’s executive leader, told the Financial Times.
But he added that existing projections were based on the absence of a “second wave” of Covid-19 infections.
[…]
Despite the reversal in sales, Porsche will not delay the releases of electric versions of the Macan game application vehicle, Blume said, as well as other Taycan variants, adding a less expensive base model.
However, Taycan Cross Turismo, a break edition that had an original release date by the end of the year, will be delayed until 2021, as Porsche tries to reach its “balance point”, where it is starting to make a profit. in the wake of the crisis.
This segment of the market is not a volume and is not successful for most people, which makes it a spectator game for those of us on the sidelines, but who doesn’t like a smart heavyweight fight?
This time it’s Xpeng, the Chinese electric car manufacturer, who hopes to raise $1.5 billion in the United States. Xpeng is one of many automakers that capitalizes on electric cars in China and has sold more than 20,000 cars there.
From Reuters:
Xpeng’s executive leader, He Xiaopeng, 42, also known for founding UCWeb’s Internet browser company, said the company would buy cars priced at between 150,000 yuan ($21804) and 300,000 yuan, a giant segment of the mass market in China, the world’s largest automaker. Market.
Xpeng will use the budget for studies and progression and to increase sales, he told Reuters in an interview.
The company invested more than 2 billion yuan in the generation’s progression last year, about a third of which went toward purposes such as autonomous driving, he said.
[…]
Guangzhou-based automaker had planned to sell 85 million American Depository Shares (ADS), but increased that figure to about 99.7 million shares due to higher-than-expected investor demand, according to the document. Its shares will begin trading in New York on Thursday.
The bubble in electric vehicles continues to grow. I think we’ll see some kind of market correction at some point, but it hasn’t happened yet.
We don’t get the ID.3, but we get the ID.4, which is a totally electric Tiguan. Volkswagen hasn’t revealed a value yet, but if I had to guess, I’d say it will start in the middle of the $30,000 range. Next month, you can deposit $100 for a reservation, according to Automotive News.
ID4 is expected to begin reaching U.S. securities agencies. Until the end of this year. Initially, distribution will focus on states like California that have a zero-emission vehicle mandate but are expected to spread nationwide in the first part of 2021, said Duncan Movassaghi, Volkswagen of America’s executive vice president of sales and marketing. He said 99% of the brand’s 650 brokerages in the U.S. They have now registered to sell the ID4 and electric battery vehicles of the car manufacturer. These brokers are recently undergoing individual reviews to prepare them to sell electric vehicles, and Volkswagen subsidizes up to 85% of the broker’s infrastructure prices.
[…]
Movassaghi said consumers will be able to make initial deposits online from their home or at a local VW dealership and will then be asked to go to the dealership and deposit another $400 to verify their order and block their configuration. Both deposits will be fully refundable until the car is delivered. Once registered, consumers will be able to view their position online and receive updates on the construction and delivery procedure of their individual vehicle. Incentives, in addition to the $7,500 federal credit, will be automatically set up in the price of the online zip code.
Tesla has popularized this whole reserve trend and hate it a little bit. However, I understand why automakers do this, because it is a simple indicator of interest and also an indicator of interest in adjustment, which means that VW may have more feature IDs. VW’s formula is a little more rigorous because it turns out you’ll have to block a configuration, unlike, for example, Ford’s. The benefits of the Bronco formula for the visitor are a little less clear.
On paper, the ID.4 will take the Y model, it will probably be less luxurious. It is expected to be fully disclosed next month.
Hundreds of thousands of others are broke at the time of writing, and more than 1.5 million people have been ordered to evacuate due to a typhoon that is likely to be fatal.
Automotive News, meanwhile, has stood firm with some distributors on its way. Everyone turns out to have experienced this before.
Louisiana runner Phillip Tarver said he would have crouched down on his Lake Charles concession while awaiting Hurricane Laura.
He said he greeted about 30 other people at the dealership on Wednesday night.
Tarver presented the dealership with a position to remain for workers and friends living in cell homes or low-lying areas.
“We’re in a good position for floods and typhoons,” he said.
In preparation for the storm, Tarver piled the cars into his assets, but decided to take them inside.
He said staying at the dealership is only safe, but allows for faster recovery and cleaning once the typhoon is finished.
“Now we’re going through the typhoon for 24 hours and we’re seeing what kind of damage there is recovery and recovery from there,” he said. “That’s how we do it in Louisiana.”
Approximately 79% of total lithium demand will be for electric cars by 2030, according to Chilean mining company Cochilco. That would be more than double than last year, or a third.
In fact, lithium demand is expected to increase in all areas, as we noted the other day when lithium mining company SQM, founded in Chile, also called for expanding the call and began to increase its production.
Via Reuters:
Cochilco said the demand for lithium for electric cars had been reduced this year due to the coronavirus pandemic, which is expected to succeed by around 75,000 tons, but will succeed by 1.4 million tons by 2030.
At the same time, demand is not similar to electromobility, but customers’ cell phones and other goods would succeed at 377,000 tons by 2030, and 242,000 tons are expected this year.
Something I think has reached the peak of oil.
Here’s a part of his autobiography, titled “Aussie Grit.”
A winding road in the fast lane, from farmer to Formula One driver
Last night, I spent a lot of time planning this weekend’s grocery race. That’s what I’ve come down to.
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