What Volkswagen bailout?
Never mind I got it you’re talking about it’s joint venture with Rivian.
As far as Europe car sales everyone is affected by the Chinese companies.
Never mind I got it you’re talking about it’s joint venture with Rivian.
As far as Europe car sales everyone is affected by the Chinese companies.
I am not sure the VW deal with Rivian is a bailout... VW needs the EV expertise. I would call it a joint venture.
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The Honda / GM joint venture on the Prologue is another example.
Not really sure they're sharing the expertise, as much as the startup capital.
Probably a good business decision considering the current market, and government/society expectations.
Rivian has Amazon vans and actually decent product. Fisker had nothing anyone was interested in….
Oh they are sharing expertise all right. Software is hard.
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HONDA started a venture with GM to get an EV to market ASAP. They have had past working relationships too. They also had more grand plans for world wide but GM cancelled those plans because EV adoption is not as fast as everyone thought.
The Honda Prologue =
Its GM built, GM employees, GM batteries, GM technology and GM Assembly lines.
From the structure "up" Honda designed the interior, body panel looks, suspensions tuning and interior buttons etc.
https://www.popsci.com/technology/honda-prologue-ev-gm-technology/
https://www.caranddriver.com/reviews/a46788612/2024-honda-prologue-ev-drive/
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Software isnt hard. You need savant CEOs who can convince the buyers to fork over the cash to "save the world."
Software isn't hard? You're kidding right?
AI is firing programmers, you are heavily invested. I dont see how you do not already know that.
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Family members may want to consider moving their portfolios over to BITOG for full transparency. When wrong-doing is suspected, family members are one of the first places the SEC will look.
If setup properly, nobody would be able to place any trades without BITOG’s compliance dept reviewing them first.
My little brother has a Rivian but I don't believe I want to buy their stock. They are great vehicles to ride in or drive but not sure about anything else.
People always say "oh I wish I bought Amazon or Apple or Microsoft or Tesla back near IPO" etc etc
Now I'm not saying Rivian is going to be one of those companies but the point is you need to have some skin in the game in order to see those type of results. I am in it for a small amount because it's fun and I like the product.
Now I'm not saying Rivian is going to be one of those companies but the point is you need to have some skin in the game in order to see those type of results. I am in it for a small amount because it's fun and I like the product.
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I wasn't meaning they weren't sharing expertise, just that the expenses of said expertise are a big part of the decision.
The software is only one of the startup costs, and sure they're sharing that.
Software expenses probably pale in comparison, to opening another plant expenses.
Not to mention all the other engineering needed.
Honda had a joint venture with Izuzu in the past - where they simply rebadged eachother's existing models. Both to fill a market segment with product they didn't have.
I have read the Prologue uses the GM diagnostic system (software), and the Honda techs aren't loving it.
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I bought 6 shares of amazon in 1998. Coworkers called me nuts. My mom told me to sell when it 3x. Bad advice, I was young.
Nothing I own today is worth $500k like Amazon woulda been, but many $50k. They all started <=$5k.
AI is natural language application so going forward many traditional programming tasks will not be as necessary. That is a long way off.
Here's a few automotive programming statistics:
- Tesla FSD Supervised consists of over 300K lines of explicit C++.
- Common programming languages for auto use car C, C++, Java, Rust, Python and others. Most have embedded SQL.
- Modern cars can have over 1M lines of code.
Interestingly, automotive design is following the mantra, "Code is the new Clearance". This has to do with the seemingly endless number of control units, then trying to write the right software and then integration. Instead, software development must come first. Or in other words, “flawless code is the new clearance.” This new approach for the automotive industry has a name: the software-defined vehicle, or SDV.
Are programming tasks (and skills) changing? Sure. But a 3nm tech node chip is nothing without firmware.
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It's interesting to me to hear this, because I've always thought the ability to update software later (in the field) would have made this relatively easy.
I was around when a software flaw meant a new ECU was usually needed.
Learn something new everyday.
The problem with traditional tech in vehicles is, functionality was discrete and distribute over many processors and controllers. They did not talk to each other, were written in different languages, etc. Big bad Tesla, being software based, changed all that.
As a seasoned programmer, I always told the C-Level staff, "it works until it doesn't". That simply means everything changes. Laws, vehicles, people, functionality, everything. Getting code stable is, at best, a point in time.
Now, as soon as a new chip (think NVIDIA GPU) emerges, it's a new world. The NVIDIA DRIVE Orin™ SoC (system-on-a-chip) delivers 254 TOPS (trillion operations per second) and is the central computer for intelligent vehicles. It's the ideal solution for powering autonomous driving capabilities, confidence views, digital clusters, and AI cockpits.
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I have tried to explain to a few doubters that truly self driving cars are going to happen.
"Too complicated, never be able to compensate for all the variables"
Self driving, over the road trucks involves so much money, it's going to happen.
Just the insurance companies knowing the risk in their calculations, equals huge money.
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