AD #3349 – Chinese Leadership Doesn’t Trust Tesla; Car Color Affects Depreciation; Lamborghini Helps Ukrainian Supplier

June 20th, 2022 at 11:53am

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Listen to “AD #3349 – Chinese Leadership Doesn’t Trust Tesla; Car Color Affects Depreciation; Lamborghini Helps Ukrainian Supplier” on Spreaker.

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Runtime: 10:37

0:08 Chinese Leadership Doesn’t Trust Tesla
1:06 Expensive EVs Threaten EV Revolution
2:20 Entry Level EVs Need to Sell Well
4:11 Car Color Affects Depreciation
5:16 Volvo Truck Pushes Forward with Fuel Cells
6:06 Volvo’s FCEV Rock Hauler
6:37 Opel Jumps into Fuel Cell Segment
7:54 Bridgestone & Dow Develop Run Flat Tire
8:25 Lamborghini Helps Ukrainian Supplier
9:06 BMW Invests In E-Drive Manufacturing…
9:30 …And Autonomous Forklifts

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29 Comments to “AD #3349 – Chinese Leadership Doesn’t Trust Tesla; Car Color Affects Depreciation; Lamborghini Helps Ukrainian Supplier”

  1. Kate McLeod Says:

    I saw a gorgeous vintage Porsche yesterday. It was white. I almost cried.

  2. Alex Borenstein Says:

    The feeling is mutual, CCP

  3. Alex Borenstein Says:

    The feeling is mutual, CCP

  4. Jim Head Says:

    And we trust our phones and computers to be made in China.

  5. Bob Wilson Says:

    EV backlog is so huge, the EV prices have followed the demand. Worse, many EV makers (not Tesla) failed to realize that demand would drive up their supplier prices. They failed to plan for it. Their poor planning and high gas prices … I am not terribly sympathetic.

    I bought my 2019 Tesla Model 3 for $24,000 with trade-in of my last Toyota, a Prius Prime. Toyota has nothing that appeals to me.

  6. ChuckGrenci Says:

    Cudos to Lamborghini on their harness purchase support for Ukraine.

    The auto industry will be hybrid for a long time; meaning multi-fueled using many fuels until one, two or three become the go-to sources. I see gasoline holding on for some time to come, same with diesel with electric eventually making significant inroads but not nearly as quickly as predicted (and pushed). Hydrogen has a long way to go but shows promise (remember hydrogen has been touted as the fuel of the future and remains so; indeterminant still). E-fuels maybe, but the big distractor is cost.

  7. Kit Gerhart Says:

    1 Silver is a very “classic” (non)color for Porsches.

  8. Norm T Says:

    We recently shared that the upcoming 2023 Chevrolet Bolt EV and Bolt EUV would arrive with much lower starting prices. Now, we’ve learned from CarsDirect that Chevy is already offering comparable discounts on the 2022 model. In fact, the publication says the Bolt family of EVs is now seeing discounts that exceed 1,100 percent. According to the publication, starting on June 8, 2022 Bolt EV hatchbacks became available with a $5,900 rebate. Meanwhile, based on the latest incentives, the Bolt EUV crossover sees a $6,300 price cut. The current promotions are valid through July 5, 2022. Chevrolet has almost always provided compelling incentives on the Bolt EV, but nothing quite like what we’re seeing today. It all seems to coincide with GM CEO Mary Barra’s promise that the automaker is working to offer cheaper electric vehicles. Prior to the upcoming value-priced models arriving, such as the Equinox EV, GM is already proving that it’s willing to offer incredible discounts. While you’ll probably have a difficult time tracking down a “new” 2021 Bolt EV, it’s certainly worth considering.

  9. George Ricci Says:

    The amount of renewable electrical energy(250kWh) you would need to fill the tank in the Toyota Miria hydrogen car (~350 miles range) could be used to recharge an electric car multiple time (more than 1000 miles range). Volvo, Toyota, Mercedes Benz, and Nikola, and others can test all they want, but hydrogen will NOT become a viable fuel source until someone comes up with a much more efficient method of mass producing it.

    Then there is the problem of Hydrogen that leaks to the atmosphere is such a potent greenhouse gas because it extends the lifetime of methane in the atmosphere, causing it to stick around and continue contributing to the greenhouse effect.

    So don’t hold your breath that these issues will be solved anything soon.

  10. Kit Gerhart Says:

    The Chinese restrictions with Tesla cars are probably a tit-for-tat for the US banning Huawei, and maybe other Chinese brands in the country.

    Between 2010 and 2020, LiPo batteries dropped in cost to about 1/9 the 2010 price. Predictions of that trend continuing were premature, though, as the raw materials have become a major cost driver, even as battery manufacturing continues to become more efficient.

  11. Wim van Acker Says:

    @10 Kit, LiPo batteries? I just looked it up: Po is Polonium, the material used by Russian agents to poison/murder adversaries. Did you mean something else?

  12. George Ricci Says:

    5. Don’t place the blame on the auto manufactures, blame world government mandates with unrealistic timelines forcing manufactures rush EV’s to market when Hybrids would be better choice right now. Hybrids and plug in hybrids have much smaller batteries which would allow the limited supply of Lithium, nickel, cobalt, etc. to be spread over many more vehicles.

  13. Wim van Acker Says:

    @12 and those PHEVs have ranges which are sufficient for daily use of many people.

  14. ChuckGrenci Says:

    @13, Don’t want to put any words in Kit’s mouth; but perhaps LiFePO4 Lithium iron phosphate battery.

  15. Roger T Says:

    5, 12 and 13 – I’m on the market now for something fuel efficient to replace a Cadillac xt5, and can say that outside of Prius automakers are not prioritizing hybrids in their lineups. Lexus hybrid requires premium fuel, whereas non hybrids get by with standard fuel. This precedes inventory shortages too, it was practically impossible to find hybrids in stock (except Prius) before this current crunch. I looked at Honda, Lincoln, Lexus, Hyundai and Chrysler. It was deliberate.
    Tesla is super expensive, but still at $65k the model Y has something the lyric, lightning, Mach E and others don’t: no markup. Would you pay $65k for a model Y or $60k for an Ionic? Or Mach E? That’s the math Tesla does as they are raking in markups to themselves with raised prices, they are exercising current market price. Either way once inventories come back to earth those of us who buys now will all loose in residual value.

  16. Kit Gerhart Says:

    11 I meant lithium-polymer, though that might be obsolete terminology. A polonium battery might have high energy density, like a nuclear reactor or bomb.

  17. WineGeek Says:

    Hey Sean I think the US government should ban all Chinese manufactured cars from Washington DC at least, possibly the entire US! This BS is obviously pushing back because Tesla is doing so well in China.

    What a bunch of sore sports, we shouldn’t be so accepting of this BS.

  18. Kit Gerhart Says:

    15 I got a Highlander hybrid a few months ago, and it works great, for what it is. It gets 33+ mpg going fast on the interstate, pretty good, but most impressive, I’m getting 38-39 mpg in mixed short trip and lower speed driving, and it has 7 feet of floor length for transporting my toy airplanes. Power is adequate, with published 0-60 times of 7.5-8 seconds.

    I have the bottom trim level hybrid, LE, but the top trim level Highlander interiors are probably as nice as your XT5. The XT5 looks better, though. I checked to see what a couple dealers had coming in, and pre-bought one that was close to what I wanted.

  19. Kit Gerhart Says:

    17 If the US banned Buicks and Volvos from China, a likely result would be China banning BMWs and Benzes from the US. There would be no winners.

  20. Roger T Says:

    Thanks Kit, I never considered a Highlander. I see it uses reg gas and it’s rated 35/36MPG. I also like that our local Lexus dealer isn’t charging markups, perhaps Toyota won’t as well. I’m also disappointed with Tesla, can’t see myself driving a car that will associate myself with that numb nuts CEO, I might as well just give up my spot in line for the Y and save $20k.

  21. Kit Gerhart Says:

    The Highlander is “boring,” but it gets great mpg for the amount of room it has, and it has had no problems so far, at about 4 months and 4K miles.

  22. Wim van Acker Says:

    @15 I often see Lincoln commercials on tv and the lady driving it always plugs it in at the end of the commercial. Have you looked at Lincoln?

  23. Wim van Acker Says:

    @19 during the trade war with China the administration put import tariffs on Chinese vehicles, and China returned t favor. BMW, which was at that moment the largest vehicle exporter from the U.S., had to move most of the X5 production from the Spartanburg plant to China. I believe the same happened to Mercedes production in Alabama. Does anybody know whether my recollection is correct?

  24. Kit Gerhart Says:

    23 I remember that happening. I don’t know if anything has been reversed, but once production was set up in China, it probably stayed there.

  25. Bob White Says:

    With increasing interest rates and the upcoming recession, electric cars will quickly go from being supply constrained to demand constrained in the coming year. That’s why Musk has sold over 30B in Tesla shares and has already announced that he will get rid of 10% of his workforce.

    65% increase in the price of the Model Y surely contributes to Tesla having the highest profit margin in the industry.

  26. Kit Gerhart Says:

    22 There are plug-in hybrid versions of Aviator, like Explorer, and Corsair, like Escape. The Aviator plug-in hybrid is fast, but pricey, and thirsty, once the plug-in juice is gone. The Corsair plug-in hybrid has a good 33 mpg combined rating on gas, and has 28 mile battery range, if driven gently. The Corsair is much smaller than Aviator or Highlander.

    I showed the AWD Highlander for comparison, but the FWD version, which I have, has 1 mpg better ratings.

  27. Kit Gerhart Says:

    25 The huge price increases would keep me from buying a Tesla, even if in the market for an EV. The cheapest Model 3, with RWD and 267 mile range is $47K, and the most popular version, the dual motor Long Range is $58K. Estimated delivery is still Sep-Dec 2022, so I understand the big price increases. If estimated delivery changes to “tomorrow,” I suspect the prices will come down.

  28. Roger T Says:

    Kit, the fords and lincolns hybrids are vaporware, not available and when they are dealers want a large markup. A shame.

  29. Kit Gerhart Says:

    28 Tnx for info.