Silverado EV Debut Jan. 2022. ~$30,000 Equinox EV and Blazer EV Coming

[E365]

Electric cars and trucks? Resist!

https://www.instituteforenergyresea...ric-vehicle-subsidies-on-the-road-to-nowhere/

Let the Market decide, instead of consumer subsidies and other tax creds. And yes, I know the familiar argument. So, remove any and all subsidies for all industries and persons -- across the spectrum. Again, let the markets and peoples drive innovation and choice, not the deep-pocket know-it-all skimmers, those surrounding a certain beltway on the eastern seaboard.

Capitalism is deciding on EVs. Ford and VW have both stated publicly that EVs will cut 30% of their labor needs. That’s a massive cost savings.

Big business is choosing EVs because they can build EVs faster than ICE, with fewer employees, with less engineering effort, with fewer capital expenditures, with less floor space and make product changes/updates faster.

EVs will soon be more profitable to manufacture - its as simple as that.

VW CEO Herbert Diess: “The reality is that building an electric car involves some 30 percent less effort than on powered by an [internal combustion engine]. That means we will need to make job cuts, and achieving this purely through fluctuation and partial retirement will be difficult,"

http://s22.q4cdn.com/857684434/files/doc_presentations/2017/CEO-Strategic-Update-12.pdf

https://uaw.org/wp-content/uploads/2019/07/190416-EV-White-Paper-REVISED-January-2020-Final.pdf

https://www.autonews.com/automakers...tes-electric-push-more-models-more-production

https://insideevs.com/news/538396/audi-ev-profits/amp/

 

[JeffKeryk]

Tesla margins are the envy of the car manufacturers. Warts and all.

 

[Slow Car Sport Mode]

My follow-up question is:
If battery prices have declined so rapidly, why have Tesla prices not declined ?
Alternate questions is if battery prices have dropped so rapidly why is Tesla not in a profitable position (say 15% Profit After Tax) - excluding credits from ICE car manufacturers?

Paying for a name

Tesla keeps the savings, doesnt reflect in price of product because, profit.

 

[PandaBear]

I tend to agree, but question for you...
Would you do away with gas and oil subsidies as well and let the market decide?

You know, I am starting to think we are going to go back to horses and scooters if all those gov subsidies are gone and all roads are toll roads.

I probably would just mountain bike around the toll road and drone deliver all my stuff.

 

[PandaBear]

Paying for a name

Tesla keeps the savings, doesnt reflect in price of product because, profit.

Like hard drive, the cost to build something may be the same yet you get more. So your typical hard drive is still at least $50 but the capacity keeps increasing instead.

 

[Job]

The purchase price of a lowest cost Tesla is appx $45,0000 plus tax and license. Not the gas savings price they also show. The EV credits are also called incentives. Out of my “range.”
A few days ago someone almost ran into the side of my damage free newer car. I moved over just enough into the opposing lane so they didn’t hit me dead center on the side. I had a through street, and they had a stop sign. I am seriously considering going back to old cars. Now I am worried all the time just about the property damage costs of a newer car. It happens instantly too, out of the blue someone runs a stop sign. When I drive or park the red T100 people avoid me like the plague. I become the one who is going to damage their pretty. Being on that side of it is so much more relaxing.

 

[PandaBear]

The purchase price of a lowest cost Tesla is appx $45,0000 plus tax and license. Not the gas savings price they also show. The EV credits are also called incentives. Out of my “range.”
A few days ago someone almost ran into the side of my damage free newer car. I moved over just enough into the opposing lane so they didn’t hit me dead center on the side. I had a through street, and they had a stop sign. I am seriously considering going back to old cars. Now I am worried all the time just about the property damage costs of a newer car. It happens instantly too, out of the blue someone runs a stop sign. When I drive or park the red T100 people avoid me like the plague. I become the one who is going to damage their pretty. Being on that side of it is so much more relaxing.

You probably are comparing apples and oranges.

There are luxury cars, there are EVs, and there are old cars. If you are going to try and save money you should not buy a luxury car of any type gas or ev, that's obvious. Maybe you should try a Chevy bolt instead or compare Tesla to a Lexus.

I too love old cars, but the cost that price for a reason because they depreciate due to being old, being less reliable, a fraction of the car worn out and used up, etc. Old cars came from once new cars, and you should compare cars of the same age and different types or same cars from different ages, not a bang up used corolla to a Tesla.

 

[Slow Car Sport Mode]

Like hard drive, the cost to build something may be the same yet you get more. So your typical hard drive is still at least $50 but the capacity keeps increasing instead.

Not sure I understand, but if you're talking about maximizing efficiency and the opposite of shrink-flation (charging either more for less, or keeping costs the same but making it less product you get) then I like it.

 

[PandaBear]

Not sure I understand, but if you're talking about maximizing efficiency and the opposite of shrink-flation (charging either more for less, or keeping costs the same but making it less product you get) then I like it.

The cost of material and labor remains the same per physical drive, and hard drive cannot be made below $40 no matter the capacity. They can improve the cost per byte over the years, that's about it.

Same for EV. Tesla will be able to shrink the cost per mile range but unlikely to reduce the cost of the powertrain much. So it will remain high cost and that's why they focus and start on the high end market instead of the lower end one like the Nissan Leaf.

 

[E365]

 

[Slow Car Sport Mode]

Porsche Cayenne vibes!

NOW we are getting somewhere.

Sometimes, I can see why people say ICE vehicles stand no chance. Still not convinced you'll ever be able to provide enough energy delivery (including for those who live in apartments with NO way they can run a cord) to have them all/majority electric.

Maybe 20%, maybe.

 

[Job]

You probably are comparing apples and oranges.

There are luxury cars, there are EVs, and there are old cars. If you are going to try and save money you should not buy a luxury car of any type gas or ev, that's obvious. Maybe you should try a Chevy bolt instead or compare Tesla to a Lexus.

I too love old cars, but the cost that price for a reason because they depreciate due to being old, being less reliable, a fraction of the car worn out and used up, etc. Old cars came from once new cars, and you should compare cars of the same age and different types or same cars from different ages, not a bang up used corolla to a Tesla.

I could have bought the Bolt, almost did. The experience is this, even only in a serious fender bender, no people injuries, after that your new car is on carfax as having been in an accident. Shave a bunch of money off the value.
Drive a 5000 dollar or less car, well it’s too bad but so what. Maybe they total it and I get a better one.

 

[E365]

2024 Equinox EV teased more. Deliveries start Fall 2023 with an RS model. Followed by an LT model starting “around” $30,000.

 

[nickaluch]

I don't tow much. Maybe twice per year but when I do, it's over 6000 pounds and it's 1250 miles. Tomorrow, it's the 2011 F150 from Milford, PA to Jupiter, FL, in one day requiring only 2 fuel stops. The next tow will be Christmas break. I'll break that into two days due to the additional stops for fuel and slower speeds. But I'll be home by 2PM on the second day.

Ford's EV pickup truck is now known for having less than 100 miles towing range at 7000 pounds (my normal load of helicopter dolly and parts). Considering just how long it takes to charge a Ford, and the necessary "early" stops for charging due to location, that will make it a full 4 day trip.

I don't think EV trucks are going to meet the needs of many of us.

I think the many of us pickup drivers it will work for the few that actually tow that's a problem

 

[Cujet]

Maybe I'm wrong, but I don't think GM has even started building the plant (and converting the others) to make the EV pickup trucks (and other models). Yet, they are advertising them on TV. Seems to be a world full of vaporware, hand assembled prototypes, empty dealer lots and false claims.

What am I missing here?

 

[E365]

Maybe I'm wrong, but I don't think GM has even started building the plant (and converting the others) to make the EV pickup trucks (and other models). Yet, they are advertising them on TV. Seems to be a world full of vaporware, hand assembled prototypes, empty dealer lots and false claims.

What am I missing here?

The plant is already running. “Factory ZERO” which is the former Detroit-Hamtramck plant. 4.5 million square feet and they started converting it a couple years ago.

Production on the Hummer EV started a few months ago, and they’ll also build the Silverado EV there, plus others. All “Ultium” platform vehicles.

The first Ultium battery plant opens very soon in Warren, OH, with the 2nd under construction in Spring Hill, TN and the third finalized for Lansing and the 4th plant being finalized soon.

It’s my understanding that LG is making the Hummer EV Ultium packs separately until the first all-new Ultium battery plant in Warren opens later this year.

https://media.gm.com/media/us/en/gm/news.detail.html/content/Pages/news/us/en/2021/nov/1117-fz.html

 

[Cujet]

Production on the Hummer EV started a few months ago, and they’ll also build the Silverado EV there, plus others. All “Ultium” platform vehicles.

I don't think the Hummer EV is being produced with normal production rates. Less than 1000 per quarter is what I'm hearing. While this may be a grail product, GM's prowess is not showing at the moment.

 

[E365]

According to Autoline, the newest plans is for the smallest Ultium pack to have 10 modules, vs the originally planned 6 module pack. (Hummer has 24 modules). 10 modules would be about 85kwh. Hopefully that still means they can make something that starts in the $30,000 - $35,000 range with an 85kwh pack

 

[E365]

Blazer EV prototype spotted.

On sale Spring 2023.

https://insideevs.com/news/580592/2024-chevrolet-blazer-ev-spied-testing/

 

[E365]

Updates from GM Q1 Results

140,000 Silverado EV reservations
70,000 Hummer EV teservations
50,000 Bolts this year.

The ~ $30,000 Equinox EV price apparently takes into account increased battery / mineral prices.

https://www.motortrend.com/news/202...29207&utm_medium=social&utm_source=linkin.bio