AD #3040 – Toyota Unveils Aygo X prologue Concept; Lordstown Under SEC Investigation; Hyundai Reveals STARIA Van

March 19th, 2021 at 11:49am

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Listen to “AD #3040 – Toyota Unveils Aygo X prologue Concept; Lordstown Under SEC Investigation; Hyundai Reveals STARIA Van” on Spreaker.

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Runtime: 9:09

0:08 China Bans Tesla Cars from Military Facilities
0:55 Lordstown Under SEC Investigation
1:45 Foxconn In Talks with VinFast About EV Partnership
3:03 Toyota Unveils Aygo X prologue Concept
3:55 Hyundai Reveals STARIA Van
4:57 Shell & Hyundai Expand Clean Energy Partnership
5:26 Wuling Launches 1st Pickup Truck
6:39 Acura MDX A-Spec Impressions

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53 Comments to “AD #3040 – Toyota Unveils Aygo X prologue Concept; Lordstown Under SEC Investigation; Hyundai Reveals STARIA Van”

  1. Lambo2015 Says:

    The Tesla bans in China remind me when the US military banned Furby toys 30 some years ago. Anything with a camera and a mic can be recording or hacked and I suppose it has to be hard to maintain security.

    So will the SEC also be investigating Tesla for the huge pre-order numbers they been touting. Wonder if that cyber truck really has buyers.

  2. Kit Gerhart Says:

    Could China’s ban of Tesla cars at their military sites be a little backlash against the US’ near total ban of things Huawei, or some similar geopolitical action?

  3. Bob Wilson Says:

    #1 – Tesla delivers their products and reports each quarter. Vehicles that have mass and VINs.

  4. ChuckGrenci Says:

    Good question Lambo about the Cybertruck (though I’m pretty sure the Tesla constabulary will buy most of those reserved).

  5. Roger Says:

    Calling the Zhengtu Pickup goofy looking is far too harsh. Actually it looks good. Why can’t we get a new vehicle in the USA for around ten grand?

  6. DanaPointJohn Says:

    You were being very kind regarding the over complicated MDX infotainment operating system. Hey, here’s an idea that will increase driver safety…a volume and channel selection knob! Geez!

  7. Drew Says:

    @5 – Two reasons…. 1. emissions, safety and fuel economy standards add more cost. 2. Customers tend to not buy cheap new products as they often find used, high quality products with substantially more creature comforts and prestige.

  8. Rey Says:

    #1,Lambo Why would Tesla not have more CYBRTRKorders than 5hey claim? The price target beats any that any Fossil company’s price ,and the SSTeel body might last forever compared to any truck from Detroit,,I’d buy one in a heartbeat, do you know what the price of gas or diesel compared to Electricity in Ontario ,Canada is? A fossil truck cost more that a hundred dollars to fuel up here, a BE truck would be a fraction of that.

  9. Rey Says:

    #4 look for Tesla CYBRTRK to take a big chunk of Detroits Pup sales, Tesla will not be able to keep up with the orders, it will be a matter of batteryb supply.

  10. Drew Says:

    @8 – Elon has never delivered a vehicle at his over-hyped price claim. And he uses unconventional accounting… as buried in his click-bait price are the maximum of all state and federal tax credits and presumed fuel savings over X years.

  11. Dave Says:

    Sean, the Wuling truck looks okay for it’s market. They have a great grasp for what their target audience wants. They don’t add cost for anything that does fit their audience. The size, reminds me of their early vans. Travel to one of the second tier or below cities in China and you will understand it’s size.

  12. Kit Gerhart Says:

    That Wuling pickup could be a good replacement for those older S-10s and Rangers that are wearing and rusting out, if they’d make regular cab 2 door version.

  13. GM Veteran Says:

    Sean, is the Hyundai van a near-term production model or just a concept vehicle? I thought it was a styling concept until you mentioned trim levels. If its going to be produced, how long till it launches and will it be sold in the States?

  14. GM Veteran Says:

    3 – we all know about Tesla sales of vehicles it produces and their silly insistence on clouding their sales data by only reporting worldwide sales.

    The point that was being made is that Elon claims a huge number of pre-orders for the CyberTruck. How do we know if that number is real and is it any more reliable than the 100,000 preorders Lordstown claims it has.

  15. john f Says:

    the Hyundai van reminds me of a large size 90′s ford aerostar

  16. Sean McElroy Says:

    @GM Veteran – The STARIA van seen here should be what’s sold to customers. It is said to go on sale this year, but no word if it’s coming to the US. I will note that the van was featured on Hyundai’s North American media website and when that happens it usually means it’s coming here.

  17. Rey Says:

    GM Vet,GM is just about a shadow of itself, its mostly sold in NAmerican markets and China, and so is Ford.they have turned tail from most world markets and even the S.Korean cars are better tha any Detroit iron, i would not touch Detroit junk with a 10 foot pole.Teslas CBRTRK might not be to everybody’s styling agreement , but it will sure beat the old Detroits iron in longevity being made of SSteel.@$50-70,000 and the Total cost of Ownership Tesla will demolish Detroits sales numbers in the Pickup world ,GAS , Diesel or BEV, What Tesla did to the German brands they will do to Detroit, EAT YOUR HEART OUT!

  18. Lambo2015 Says:

    8 Just saying that Tesla tends to play that same pre-order game that gives everyone the warm fuzzy feeling that demand is there and they did it on the model 3. Before that car went into production they have enough pre-orders to account for the first 18 months of production target that they didn’t hit initially. Yet 9 months into production Tesla was saying orders would be filled within 2 weeks of order. So I may not be great at math but I’m pretty sure they either had an enormous amount of people cancel orders or pre-ordered and had to wait 2 years and people slid in line ahead of them. But more likely they didn’t actually have the volume of orders they claimed and I would suspect nothing less with the cyber truck.
    The day it goes into production check the pre-orders and if its 50K and they only produce 100K a year you shouldn’t be able to get one for 6 months but see if it takes that long.

    3 Whats reporting Vin’s on quarterly sales have to do with pre-orders?

  19. Lambo2015 Says:

    16 Dream on Larry I mean Rey.. The newest Tesla cheerleader. Do you own a Tesla? Or just touting the merits from the sidelines.
    The cyber truck wont affect Detroit sales except in California. It’s too big for most other world markets and really too big for most of Cali. It will be an overwhelming sales flop.
    Not because I don’t want Tesla to succeed but because EVs are still only 2% of US sales and that huge truck is ugly and appeals to a very limited market. People in Cali are anyones best shot at selling an EV and no one will want to try and park that beast in LA or San Fran.

  20. Kit Gerhart Says:

    16 Ford is still in Europe, with only about 6% market share. They do much better in the UK than on the continent, with 3 of the top 10 selling cars, and ~10% market share,

  21. Kit Gerhart Says:

    18 I’m not making any predictions about how cybertruck will sell, but people will not buy it to replace F-150s and Silverados. The buyers will be Tesla cult members, general early adopters, and people who just want something different. It would work well for most of the pickup drivers I know in Indiana, who use their trucks only locally, and have garages with power where they could charge them at home. The thing is, most of these people don’t have trucks for rational reasons, and will continue to drive their V8 powered ICE machines for the foreseeable future, just because they “like” them.

  22. Rey Says:

    The Wuling pickup is not meant for Western markets , it will sell well in Developing countries that GM and Ford have abandoned, Japanese pickups are quite expensive and Korean ones are not many, but Hyundai and Kia have cab over pickups, but are priced similar to Toyota and Nissan. $10,000 -$15,000 taxes or VAT Included for a brand new small truck will sell well in Asia. An old used Suzuki 4WD Multicab already cost $5000-$8000. The Chinese are now selling cars and Trucks in markets the US companies have run away from

  23. Rey Says:

    #18 lambo and #20 kit, I own Tesla stock, have watched the company from 2012, the company is the future of mobility, i know you guys are Detroit fans , but the world is changing, and Detroit with its ICE tooling and factories and old way of thinking along with STEALERSHIPS ard doomed , just ask Volvo even they are trying to get out if Stealerships and selling the Polestar online , you old-timer

  24. Rey Says:

    You oldtimers are why Detroit ran into trouble and needed a bailout time for fresh thinking , get rid of Unions and their CORRUPT WAYS and collecting dues to protect the lazy and drunks,time to get on with BEV s and get rid of fossil burners, the dealers have to find new ways of marketing and selling and servicing cars.

  25. Rey Says:

    Hey Lambo it must hurt that TSLA is worth more tha all the Leagacy Giant automakers combined ,doesn’t it?

  26. Kit Gerhart Says:

    23,24 I like the way Tesla sells cars, with a, generally, non-negotiable price. The only thing better for me, is buying a GM car using my employee/retiree discount. The price is set, and the dealer is allowed to charge no more than ~$100 in “document fees.” Of course, if you want to trade in a car, all bets are off.

    As far as EVs themselves, at this point, they are niche products, and are generally used as commuter cars for people who live in single family homes. This is the case, even with fast, expensive EVs. Yes, a Tesla can be used for highway trips, if you aren’t in too much of a hurry, but it seems that few people do that. I make two 1100 mile trips a year between Florida and Indiana. Dodge has sold about 660,000 of the current Challengers, MY 2008 through 2020. Tesla has sold about 759,000 car from 2014 through 2020. On my 1100 mile trips, I might see a dozen Challengers, and typically one or zero Teslas. Yeah, there might be more Teslas used for highway trips on other routes, but it sure seems like not many people use them on the highway.

  27. GM Veteran Says:

    25 – Glad you have done well with your Tesla stock. My advice is to sell it before its inevitable crash. If you really think that Tesla, with four assembly plants and half of one battery plant is worth five times that of Toyota with its worldwide footprint of dozens of plants and facilities and 20 times the vehicle sales, I would like to talk to you about buying a bridge I happen to own.

  28. Lambo2015 Says:

    25 Actually doesn’t bother me a bit I like Tesla and hope they continue to do well. I’m all for American companies doing well in the automotive industry. I actually flew out and interviewed with Tesla and declined back in 2016. Lived in Cali for a year and know what its like to live there. The only people that own trucks in the vast large cities own them for work. Its not like the Midwest where people own them just because they can.
    Don’t count the legacy makers out just yet, this 2% of market share is just getting started. Remember Ford had 61% of all US sales in 1921 with a single model. today with the best selling truck they only have a little over 14%. When your on top you got no where to go but down.

    Owning stock is certainly a testament to the desire to make money. But owning the vehicle would mean you believe in the product.

  29. Rey Says:

    What makes you believe I will never own a Tesla ? I will buy it with the profits FROM TSLA Detroit is for old fogeys , and they dont know the word QUALITY, that ended when the Japanese took over the industry,and today the Koreans are as good or better than them, and the Chinese are coming .

  30. richard bradner Says:

    can’t wait for the first video of the driver leaving down the right side of the Wuling P/U and taking out a fleet of bikes in China…

  31. Rey Says:

    # 28, the Detroit companies are “un- investible” Wallstreet words not mine, they have too much invested in old Dinosaur tech and that is why they’ll eventually go BK, one foot in the grave the other on

  32. Rey Says:

    8f the Detroit giants don’t go allin in BEVs inthe near term and kill their ICE products they will have Chinese overlords before year 2030.

  33. Kit Gerhart Says:

    32 BEVs will be niche products for years, at least in the US. If you can’t charge them at home, they are very inconvenient, and many tens of millions can’t charge a car at home. Also, they are far from ideal for long highway trips.

  34. Rey Says:

    #33 just another clueless Dinosaur

  35. Kit Gerhart Says:

    34 Yes, Larry

  36. Bob Wilson Says:

    As a general rule of thumb, there will be a peak TSLA price about two days before the official production and delivery numbers. Over the four quarters, each has higher numbers than the previous quarter.

    Since I have a 2019 Tesla Std Rng Plus with 38,000 miles, it is hard to understand why anyone thinks Tesla sells the smell and not the steak. Sure Tesla has future products but I’m not a customer for them.

  37. joe Says:

    #9 Rey

    After reading some of your comments, I’ve come to the conclusion you just don’t make sense. I know you are entitled to your opinions just as I’m entitled to mine. I suggest you read facts instead of fiction.

  38. Kit Gerhart Says:

    36 Do you buy and sell stock once a quarter to take advantage of this trend? There’d be some risk involved, but if it continues, there’d be money to be made.

    There will soon be a Tesla store about 4 miles from my condo in FL. The shop is already open, and seems to be fairly busy. It would be interesting to know what kind of work they are doing, given that it’s clearly not oil changes. They have a bunch of new cars out in front, but they aren’t selling them yet.

    From what I could find out from a guy I talked to, they will probably not have public use chargers there. If they did, especially if they had “superchargers,” I could be interested in a car. With my usual amount of driving, I could go there about once a week and charge the car, and walk next door to the Chrysler store, across the street to Walmart, etc. to kill time.

  39. cwolf Says:

    35 Kit, I thought we rid ourselves of Larry, but too good to be true.

    No doubt about it, BEV’s being a niche product for years to come. No infrastructure remains greatest deterant. And the number of competitors ,many who focus on smaller and more affordable types that are ideal for home chargers, will take away some of the Tesla advantage.
    Tesla has dominated the market from day one, so it is difficult to fathom why they continue to ignor the many quality problems. All the negative news about Tesla crashes and other accidents is not the advertisement they need to remain on top.

  40. Kit Gerhart Says:

    39 Yep, he’s back, again.

    I think I’ll pass on autonomous systems, unless they are free, until they can drive me from Florida to Indiana while I sleep, or safely and legally drive me home from a 4 martini lunch. I doubt that I’ll live long enough for that to happen.

    Does anyone here know the take rate for “autopilot” in Tesla cars? My friend who bought a Model S a few months ago passed on it, and that was before it cost $10K like it does now. I think it was $6K or $7K when he bought the car.

  41. WineGeek Says:

    Does the A-Spec offer anything other than the same engine in the same chassis and Red seat stitching? How about a more performance rated suspension? Why spend a over a $1,000 for Red seat stitching?

  42. Kit Gerhart Says:

    41 From another article, I find that the red stitching costs about $10,200. The A-Spac package is $3500, but forces you to get $6700 in other options that you may, or may not want.

  43. Sean Wagner Says:

    28 Lambo quote – Ford had 61% of all US sales in 1921 with a single model. today with the best selling truck they only have a little over 14%.

    Seismic shifts happen, and I think we’re living through several superimposed. That being said, there’s still 98% of the market left untapped. And Tesla’s mission has always been to accelerate the shift, not dominate the industry (though that might be incidental).

    38 & 40 Kit – I’ve been wondering about the take rate of autopilot too. And I’m even more curious about what (prospective) buyers think the time horizon for autonomy is. There are always some who think it’s just around the corner.

    Superchargers were meant to enable expeditious long-distance driving by providing for midpoint top-ups (ideally 15-80% or less!), so tended to be situated between cities. In the US, this seems to be changing.

    See (links to Tesla) https://bit.ly/3cQEJEx

    As much as I like driving EVs, really wide adoption calls for a breakthrough in curb-side charging – maybe this is where contactless solutions embedded in the pavement will truly shine, with the car positioning itself correctly. Standards needed.

    It’s not that hard.

  44. Sean Wagner Says:

    As for the battery boom, those really clued-in people at benchmarkminerals (it’s their business) say building the mines that all the newly announced capacity requires usually takes 7 years or more, and that Tesla is (once again) 5 years ahead with their efforts to source essential minerals themselves. And that includes Volkswagen Group’s recent announcements.

    They also say that with ever increasing manufacturing efficiencies the Bill Of Materials will come to dominate costs.

  45. Kit Gerhart Says:

    43 One of those Tesla “destination” chargers is only about 1/2 mile from me, but during the day you have to pay $15-20 to access it, because it’s in tourist trap beach side parking lot. The thing that would get me serious about an EV, other than charging at my condo, would be level 2 chargers “everywhere,” like restaurants and stores I go to.

    Contactless charging at businesses, etc. would be great for convenience, but the high likely power loss is a big turn off to me. This guy found wireless charging of a phone to use 47% more juice than wired charging.

    https://debugger.medium.com/wireless-charging-is-a-disaster-waiting-to-happen-48afdde70ed9#:~:text=In%20my%20tests%2C%20I%20found,%2C%20on%20average%2C%2021.01%20Wh.

    I’m sure it’s possible to do much better than that with cars, and phones, but I’d think there would always be significantly more power loss with wireless charging. If there comes to be enough renewable power to support it without burning extra coal and gas, I’d be all for it, though.

  46. Sean Wagner Says:

    45 It seems like just last year, a SAE standard (including minimum efficiency) was arrived at. See
    https://www.sae.org/news/2020/10/new-sae-wireless-charging-standard-is-ev-game-changer

    https://en.wikipedia.org/wiki/SAE_J2954

    Quoting wiki: “The system works along similar principles as inductive charging, but uses the resonant inductive coupling concept with a demonstrated efficiency of around 85%. … Best-in-class medium-speed chargers are around 94%.”

    I do see installation, weatherisation, and safety potentially tipping the balance in many places, especially if the feed comes from abundant wind or photovoltaic power.

  47. Bob Wilson Says:

    Just to clarify: (1) basic Autopilot is standard for highway, and; (2) Full Self Driving, FSD, is $10k for urban driving.

  48. Kit Gerhart Says:

    I never quite understood the point of semi-autonomous driving, if you need to have your hands on the wheel all the time, but I haven’t experienced it. I should get a chance to see what it’s like in a few weeks. I plan to test drive a Tesla, or two, at the store that will soon open near me.

  49. Tuck&Roll Says:

    No one is listening. Please read this article. Get your heads out of your cabooses. We, America, cannot support EVs. Argue all you want, but it is not going to happen. GM, VW, et.al. will reverse their all EV pronouncement. AMERICA DOES NOT HAVE THE INFRASTRUCTURE, NOR THE WILL TO MAKE IT HAPPEN! Look around. Where are the EV charging stations? Where are the nuclear plants, the coal fired plants to support EV charging? Nowhere.

    https://pjmedia.com/culture/bryan-preston/2021/03/19/toyota-warns-again-about-electrifying-all-autos-is-anyone-listening-n1433674

  50. Kit Gerhart Says:

    48 There’s quite a bit of misinformation in that article, but I agree completely that EVs are not going to completely replace ICE vehicles any time soon. Also, I agree that, if GM and VW want to survive, they will be backing off on going completely electric by 2035.

  51. Lambo2015 Says:

    Hey, companies much like politicians will make press releases that state they are going to do whatever makes them look the best. They want to appear to be on the cusp of new technology and a leader of innovation in their industry. So its pretty easy to say what they will do 10 or 15 years down the road, knowing full well that if they don’t follow through. They can simply say things changed in the social or economical arena. So I wouldn’t put a ton of stock into what any of these companies commit to that far out. Product planning is a 4 to 5 year stretch and beyond that will be driven by demand. No manufacturer is going to abandon their core business to snag a share of 5% of the market. EVs will need to grow significantly for the investment that’s been promised.

    What I suspect will happen is EVs are going to find a much better market that doesn’t involve personal transportation. They make much more sense for fleets of local delivery vehicles, busses or Police and fire where they are contained to a specific region and return to a centrally located garage or lot each day.

  52. Kit Gerhart Says:

    GM will need to “change their mind” about going all EV within ~5 years, at least internally, if they want to remain competitive with their ICE vehicles. A major restyling seems to take about 4 years, so actual new technology is in the works a lot longer than that.

    51 EVs should be a good fit for local delivery, local plumbers and electricians, etc. who don’t drive a lot of miles, and use the vehicles only part of the day. Also, though, if prices come down, EVs would be good for a big chunk of personal transportation vehicles. About 75% of of Americans live in single family houses. Most of these households have 2 or more vehicles. An EV, charged at home, would work well as one of the vehicles for many, or most of those households.

  53. Rey Says:

    Too many Dinosaurs and ICE Fans on this website, and I’m not Larry and don’t have a clue who he is, The Chinese are coming with their BEVs and will eventually be in the USA, Europe is first conquest, they are already in most of Asia with their ICE offerings and some Low Speed BEVs are there as well, The US Detroit companies have no clue what is going to hit them. Can somebody please tell me what major appliances are still made in the USA? Please check where that Flatscreen TV came from, go check the STICKER IN THE BACK,You Dinosaurs are totally clueless, Lambo , Kit and whoever,maybe go see how many parts of that current car you are driving came from China, and it doesn’t matter if it is ICE or BEV , but in the future as more BEVs are mandated the more parts are going to be sourced from China,Tesla will survive because it is lean and forward thinking and has Ano legac Cost like ICE TOOLING AND STEALERSHIPS, many who want nothing to do with BEVs.