BMW AG now has its own electric sports utility vehicle to take on the likes of Tesla Inc.’s Model Y and Daimler AG’s Mercedes-Benz EQC.

The Munich-based company unveiled the iX3, a variant of the mid-size X3 and its first battery-powered SUV, via an online news conference on Tuesday. The model will sell from about 68,000 euros ($77,000) in Germany.

Built in China, the car comes with an electronically-controlled top speed of 180 kilometers per hour (112 mph) and a 286-mile range. It represents the start of BMW’s most serious push into electric cars since the i3 debuted seven years ago.

https://www.bloomberg.com/news/articles/202...tesla-s-model-y

Nissan Motor Co. unveiled a new electric vehicle and redesign of its “hamburger” corporate logo, seeking to make a fresh start after months of management turmoil and declining profitability.

The Ariya, an all-electric SUV with a range of as much as 610 kilometers (379 miles), is the first entirely new product to be launched under new management that took over in December. The debut of the model, which has a starting price of about 5 million yen ($46,600), is the automaker’s latest effort to refresh an aging lineup.

https://www.bloomberg.com/news/articles/202...nd=premium-asia

EV has fewer components, easier car to build.

Most Tesla tech is not exclusive, could be copied.

If you have chance to visit any of major car manufacturer would fascinate to find the extend of their r&d include ev, self-drive, etc. the reasons why legacy manufacturers didn't introduce more ev models is lack of demand and would be losing ten of thousands $ per e.v built, not a sustainable or sensible business.

This post has been edited by icemanfx: Jul 17 2020, 09:44 AM

tesla battery is from panasonic and another china supplier. they may have exclusive agreement but not for unlimited time or unconditioned.

the issue with ev currently is limited range and too expensive to produce.

650km range is barely or not enough from kl to penang and back in a day.

tesla has funding to subsidize loss making e.v but not legacy car manufacturers. when e.v is profitable to produce, for certain big boys will introduce more models.

another issue faced by e.v owner is decay of battery. hybrid car battery could be replaced individually but not e.v. currently, e.v battery could only replaced by manufacturer.

This post has been edited by icemanfx: Jul 17 2020, 11:00 AM

Number of cars produced and sold by telsa is way below its capacity, its profit is more of engineered and short term/quarterly.

nissan leaf e.v is available locally. true believer should buy to experience.

The annualized total vehicle production rate in Fremont (based on 104,891 produced in Q4) is at over 415,000 per year.

https://insideevs.com/news/395889/q4-2019-t...nment-capacity/

The electric-car company raced past Toyota Motor on July 1 to become the world's most valuable automaker. Its market capitalization hit $332.9 billion on Monday -- as large as Japan's seven biggest auto manufacturers combined.

Tesla's stock chart calls to mind dot-com companies during the 1999 boom and bitcoin's meteoric climb in 2017, but its gains have some basis in reality. The transition from internal-combustion engines to electrics is a real trend, which partly explains why investors have remained steadfast as the company's valuation approaches tech-giant levels.

But expectations of high growth cannot fully account for Tesla's exponential rise. It appears that some investors have bought into the stock with the belief that someone else would buy it from them at an even higher price.

Who this "someone else" is seems clear: passive investment vehicles such as index-linked exchange-traded funds.

https://asia.nikkei.com/Business/Markets/Gr...a-shares-ascent

One of the biggest shortcomings of competing models is range — the distance an electric car can go before needing to be recharged. The maximum for the E-tron and Taycan is about 200 miles. The I-Pace and Bolt go about 235 to 260 miles. The least expensive Tesla Model 3 has a range of 250 miles, and most of the company’s cars go 300 miles or more on a single charge.

Sam Abuelsamid, an analyst at Guidehouse Insights, said that the Audi, Jaguar and Porsche vehicles were superior to Teslas in some ways, such as look, feel and finish, but that their limited range had put off many buyers.

“The difference is too great for a lot of consumers to ignore,” he said.
...
By the end of this year, Ford Motor expects to start selling an electric S.U.V., the Mustang Mach-E, that is styled to look like the company’s famous sports car. It is promising a version of the car with a range of 300 miles or more. G.M. has said it will offer a new Bolt with longer range by the end of this year, followed by more than 20 other electric models over the next three years.

Volkswagen next year will begin selling an electric S.U.V., the ID4, which will also have a range of 300 miles. The company on Monday started taking orders in Europe for the ID3, a hatchback that will sell for about 10,000 euros less than the Model 3; the car is not expected to be sold in the United States.
....
And various start-ups are raising billions of dollars to challenge Tesla. Among the most promising is Rivian, which is backed by Amazon, Ford and other investors. The company, which is based in Michigan, plans to bring out next year a pickup truck and an S.U.V. that can go up to 400 miles.

Coming even sooner is a new company, Polestar, owned by Volvo and Volvo’s Chinese parent, Zhejiang Geely Holding. The Polestar 2 is a hatchback that is supposed to go 275 miles before needing a recharge and has the kind of agility — zero to 62 miles an hour in less than five seconds — that appeals to aficionados. It will start at $59,900 in the United States, and buyers will be able to claim a $7,500 federal tax credit and state incentives. The company will also sell the Polestar 1, a sports coupe that starts at $155,000.

https://www.nytimes.com/2020/07/22/business...i-polestar.html

The total amount of Korean individual investor holdings in the U.S. electric-car maker’s stock reached $3.6 billion as of Aug. 28, according to data compiled by Korea Securities Depository. That’s equal to a stake of 0.89%, which would rank the group at No. 5 on Tesla’s list of largest shareholders, according to Bloomberg data and calculations.

https://www.bloomberg.com/news/articles/202...-retail-traders

“If Tesla sets up three factories where 300,000 to 500,000 cars can be produced, then we are talking about a number of units between 900,000 and 1.5 million. We want to achieve the same in 2023, probably even earlier,” Osterloh told the newspaper. VW’s modular electric-drive matrix platform gives the carmaker a “huge” advantage,” as it can build any vehicle of any brand on it, Osterloh said.

https://www.bloomberg.com

It seems vw lithium-metal battery packed more energy than Tesla.

vw is unlikely to launch mass production ev without better battery than tesla.

This post has been edited by icemanfx: Sep 7 2020, 10:39 AM

#ddtg rules!

Lucid’s pitch to investors is much better developed than those of most EV startups. It is run by Peter Rawlinson, the engineer behind Tesla’s Model S. Its first vehicle boasts better battery efficiency than peers, including Tesla, and is already in preproduction, when car makers work with suppliers to iron out fit and finish problems. Deliveries start later this year. If anyone has a shot at breaking into the EV market it is Lucid.

https://www.wsj.com/articles/nothing-lucid-...tup-11614174243

Normal for new startup to start at luxury segment and move to mass market later for volume.

It seems BTC ecosystem electricity consumption is equivalent to about 10% of Japan electricity consumption, is very costly.