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That's somewhat misleading... the recall is for customers who had the Yoke steering wheel and didn't like it, then requested that the regular steering wheel get installed... but the techs didn't replace the airbag and left the Yoke style airbag in the car with the regular wheel.
$$$$ I'm sure but their engineering (motors) seems quite good. I'm not sure how they're going to survive considering how much money they have burned though - best bet is that they got bought by one of the big automakers I figure but who?
I am not sure if Lucid has what it takes to take Gravity to production.
They are burning money like crazy (like losing almost half a mil for every car sold). They've got the knowhow to make good EV parts. They just don't have the expertise in manufacturing to be efficient and profitable. The worst part? There doesn't seem to be an end in sight.
If I were their CEO, I'd convert the company into a pure-play company and design EVs or its major components and sell them to legacy carmakers like BMW or whatever.
I am not sure if Lucid has what it takes to take Gravity to production.
They are burning money like crazy (like losing almost half a mil for every car sold). They've got the knowhow to make good EV parts. They just don't have the expertise in manufacturing to be efficient and profitable. The worst part? There doesn't seem to be an end in sight.
If I were their CEO, I'd convert the company into a pure-play company and design EVs or its major components and sell them to legacy carmakers like BMW or whatever.
If you include capital expenditures like their factories and other large one time purchases, it makes their numbers far worse than they actually are. Typically things like this are amortized over longer periods of time than the year they are purchased so you can realize the roi over a realistic time frame.
Simply put, Lucid is not losing half a mil on each car.
If you include capital expenditures like their factories and other large one time purchases, it makes their numbers far worse than they actually are. Typically things like this are amortized over longer periods of time than the year they are purchased so you can realize the roi over a realistic time frame.
Simply put, Lucid is not losing half a mil on each car.
Yeah... but even in its worst days, Tesla was making nowhere near that kind of expenditure.
They need to cut cost drastically or they won't last past 2 years. (about 4.2B on hand. About 0.9B burn rate per quarter)
Yes, it is expected for startups to burn money. But the rate that Lucid is burning through is staggering and there doesn't seem to be a viable plan to get it under control. They either have to drastically cut expenses or start delivering a lot more cars, and neither seem to be happening.
The thing i like most about Lucid is I have no clue what their owners views are on pretty much anything.
One of my coworkers owns a Lucid Air and he is a cool dude.
Super down to earth, truly a cars-and-coffee type car enthusiast. Every time I see him he's beaming and reminiscing on the wonky handling of a past car he regrets selling, like his Lotus Seven. Or raving about the soul stirring drive in his latest acquisition: a V8 Vantage last time, a Shelby Cobra this time. Or the Ohlins damper revalving he just organized a group-buy for w/ a local shop and now his Elise handles like a dream on Saturday early morning drives in the mountains.
Goes to track days all year round, mostly with his Elise that he's had for 10+ years and has the dashboard signed all over by Lotus engineers: he brought trim panels with him on a trip to the UK to some kind of Lotus Club event. Helps run the local Lotus club. Has a garage with lifts in it, as much to store his cars as it is to work on them. His wife drives a Hellcat herself.
They made their money getting in early on the dot com tech boom out here in SV. That and he had at some point founded a startup and did well on exit. And I don't think he needs the money but he's still working with us just because he has fun dealing with engineering problems.
In an EV discussion group that I subscribe to, some are suggesting that the $50k quote is more of a "go away" type of quote just to get rid of the customer, and I wouldn't be surprised if it was really like that. Based on what I've read online, it seems like Hyundai / Kia dealerships are more prone to not having enough EV / hybrid-trained techs to properly service those cars, esp if it is a smaller city.
Now Hamilton isn't exactly small, but I wouldn't be surprised if the EV / hybrid tech shortage is the cause of the issue.
Also, the car did rack up 170k+ km before the battery died, and EV component warranty expires at 160k km. (So it seems like the Hyundai engineers knew their products' capabilities lol~)
At least Hyundai stepped up and made a meaningful goodwill offer to make things right. It is unclear whether the owner will take up on the offer though.
Hyundai only stepped up because the issue was brought to the media lmao.
Why even bother trying to own an EV once it's out of warranty unless you are ready/willing to fork out the battery replacement cost at any time which is easily 20 - 25k. In this case, 50k fake or not
Yea I really wonder why Koreans have been up to this. They really have long term issues, cars getting stolen, fires, grenading engines. Instead of fixing, they seem to just abandon their customers. Obviously you aren't getting a repeat customer if you treat them like this. They are still building their reputation so it's not like they have the brand clout like the Germans.
Tesla has some price drops in its new existing inventory
Tesla Model 3 $50,750
Tesla Model 3 LR $59,510
Tesla Model Y $56,250
Tesla Model Y LR $65,950
All prices listed before $2000 destination fee, tax, and EV rebates
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Originally Posted by The_AK
Or you meet some girl at the club, cum inside of her, find out shes only in grade 12, so you buy a Prada bag for her to make things right, she finds out the bag is a fake and decides to have the kid
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Originally Posted by RX_Renesis
wtf did she get some bolt-on titties or what?
they look sooooooooooo much bigger than they were 2ish years ago.
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Originally Posted by nns
I can't stand the sound of Mandarin either. Boo yow nee bey nee shing bo now noong gey shee mayo mayo mayo mayo mayo mayo mayo.
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^Which goes back to making me laugh how this whole EV wave is being sold as being neutral or a net positive from an environmental standpoint.
If anything it seems we're just pivoting the waste and environmental impact down the supply chain.
Your car will end up like your cell phone -- in the trash after its planned obsolescence.
Batteries are highly recyclable even when they die completely. Over 90% of its materials can be refined into raw form without tons of work. The only problem now is that there's no a proper system to the entire chain.
Tesla Co-founder and current board member started a startup doing just that. They recycle batteries everywhere and turn them back into raw materials.
All the pollution produced by ICE, is almost impossible to recapture. There are ways... but highly energy-intensive and very ineffective. It's almost like a water plant trying to suck moisture in the air and turn them into water. Not impossible, but very energy intensive and you get very little.
I always wondered what would happen if/when there is a major shift in the battery tech. Let's say solid state batteries become a thing. Do they use the same thing as the current batteries?
Can we even turn these current batteries into next gen batteries or will this just be a smoke screen like most of the plastics and other electronics that we 'recycle'.
Batteries are highly recyclable even when they die completely. Over 90% of its materials can be refined into raw form without tons of work. The only problem now is that there's no a proper system to the entire chain.
I'm a bit skeptical of that because a few years back the battery designs meant that only about 10% of the materials could be retrieved and you needed to use a ton of energy and other products to do it. I know they're improving but that's a very big swing.
__________________ 1991 Toyota Celica GTFour RC // 2007 Toyota Rav4 V6 // 2000 Jeep Grand Cherokee
1992 Toyota Celica GT-S ["sold"] \\ 2007 Jeep Grand Cherokee CRD [sold] \\ 2000 Jeep Cherokee [sold] \\ 1997 Honda Prelude [sold] \\ 1992 Jeep YJ [sold/crashed] \\ 1987 Mazda RX-7 [sold] \\ 1987 Toyota Celica GT-S [crushed]
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Originally Posted by maksimizer
half those dudes are hotter than ,my GF.
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Originally Posted by RevYouUp
reading this thread is like waiting for goku to charge up a spirit bomb in dragon ball z
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Originally Posted by Good_KarMa
OH thank god. I thought u had sex with my wife. :cry:
Batteries are highly recyclable even when they die completely. Over 90% of its materials can be refined into raw form without tons of work. The only problem now is that there's no a proper system to the entire chain.
Tesla Co-founder and current board member started a startup doing just that. They recycle batteries everywhere and turn them back into raw materials.
All the pollution produced by ICE, is almost impossible to recapture. There are ways... but highly energy-intensive and very ineffective. It's almost like a water plant trying to suck moisture in the air and turn them into water. Not impossible, but very energy intensive and you get very little.
I'm pretty sure that's not the case as recycling them is extremely energy and labour intensive and therefore not cheap. It was cheaper to make new batteries.
What is a thing is repurposing as more and more Tesla batteries are being repurposed into battery walls or even storage stations at local power stations. But the way the batteries are basically vacuum packed into neat little packages make it very hard to repackage them in scale. There's videos of boutique shops who bring in a Tesla pack, cut it down and put them into electrified cars. That's not a small job and it's all custom.
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Originally Posted by mikemhg
^Which goes back to making me laugh how this whole EV wave is being sold as being neutral or a net positive from an environmental standpoint.
If anything it seems we're just pivoting the waste and environmental impact down the supply chain.
Your car will end up like your cell phone -- in the trash after its planned obsolescence.
A lot of modern ICE cars don't last long either (other than Japanese cars) nor do people try to keep their cars for long anyways.
Also, how much gasoline will an ICE vehicle consume over its lifetime? how much resources goes into the production and transportation of gasoline? Its tons of gasoline.
Its obvious when EVs are environmentally less harmful when the power grid is supplied by less impactful resources (nuclear, hydro, solar etc.).
Regardless, cars aren't environmentally friendly no matter what. Building more walkable cities with efficient transportation is what we should be focusing on if we really care.
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