AD #3198 – Nikola to Pay for Misleading Statements; Byton Probably Won’t Survive; AWS Could Be More Popular on EVs

November 5th, 2021 at 11:48am

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Listen to “AD #3198 – Nikola to Pay for Misleading Statements; Byton Probably Won't Survive; AWS Could Be More Popular on EVs” on Spreaker.

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Runtime: 9:47

0:07 Nikola Working to Settle with SEC
0:45 Byton Nearing Bankruptcy
1:25 Canada Would Respond if U.S. Passes EV Proposal
2:52 New Acura MDX Type S Launching Soon
3:40 Ford Tests E-Transits with Customers
4:40 AWS Could Be More Popular on EVs
6:36 Volkswagen Performance Car Impressions

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33 Comments to “AD #3198 – Nikola to Pay for Misleading Statements; Byton Probably Won’t Survive; AWS Could Be More Popular on EVs”

  1. Lambo2015 Says:

    So another Chinese EV start up bites the dust.
    AWS more popular but is there a difference in cost of an alignment with AWS?

  2. Kit Gerhart Says:

    AWS, another case of complexity for complexity’s sake, except for very long vehicles, like ladder trucks.

  3. Sean McElroy Says:

    @Lambo – I have no experience aligning a vehicle with AWS but I would imagine making small adjustments is easier with AWS. Toe in/out is the most common adjustment when doing an alignment and the tie rods on the rear-steering system would make that easier to adjust. It’s possible I’m not thinking of something and I welcome the input from other commentors.

  4. Kevin A Says:

    Americans don’t want to hear it, but the US is known around the world for signing treaties with other countries and then ignoring them or breaking them. In Canada’s case, the softwood lumber treaty and the ‘under the strait’ pipeline right of way in Michigan are 2 long standing examples. The usual excuse is that ‘federal’ treaties can be broken by individual states, but the EV proposal would be the first federal group breaking a federal treaty. (USMCA) Bottom line: no one trusts the US to stick to a signed treaty.

  5. Kit Gerhart Says:

    4 Yeah, the US can’t be trusted to honor agreements, because when there’s a new president, past agreements mean nothing. With Trump, the Paris and Iran agreements were the most publicized abandonments, but also, he abandoned arms control agreements, pulled out of UNESCO, and more. Now, there is this issue with New NAFTA. I suspect the extra $4500 will not stay in the bill, but there is ample reason for the international community not to trust the US.

  6. Rey Says:

    #1 lambo , there are over 300Chinese auto co.s to cull from, I’ve been saying this for years,Tesla was allowed in without JV to cull the herd, most auto companies are state run there and are locally financed by local govts, the National govt does not want to get involved as it is all politics,China auto analyst and often times AD guest Michael Dunne has didcussed this in AD,
    Geely is private owned, BYD is also and so is XPeng I think, these are the Chinese Auto to watch for and are leaders in their class, These are Teslas competition in China and they are coming to Europe or are already there, BYTON ex CEO is now CEO of Faraday, and has a very slim chance of success.

  7. Drew Says:

    4&5 – The yo-yo of US policies stems from the “political divide” and pre-dates The Donald. Including the present administration, we now have 5 administrations that used executive orders when they couldn’t (or wouldn’t) gain bi-partisan support in the legislative branch. Only the most naive of the world’s leaders know presidential executive orders lack a solid foundation and are subject to change with the next administration.

  8. Rey Says:

    That $4,500 Union subsidy is DOA , trade contracts signed with the US Govts are not worth the paper they are signed on , succeeding govts will tear them up and write a new one in their favour.

  9. GM Veteran Says:

    Tesla was not recruited to cull the herd of Chinese EV makers. They were just the first company to take advantage of China’s change in policy that foreign automakers no longer had to have a Chinese company majority partner. I don’t blame Elon for not wanting a Chinese partner. The change in policy came along at a good time for Tesla since their sales were minimal due to the heavy tariff China tacks on to imported vehicles.

  10. Drew Says:

    Regarding all wheel steer, I can see why the high speed, in-phase handling stability can benefit heavy weight BEVs. But the low speed, opposite phase maneuverability should not be a critical need on a BEV… as the relatively open space in the front end of a BEV should enable sharper wheel cut angles.

  11. Rey Says:

    #9 you have to read between the lines, those who cannot compete VS Tesla will go BK, or forced to join a more profitable company, they have to make good and desirable cars with profits , not subsidies , the Wuling MiniEV will not make it to the West, maybe in some 3rd world and Developing country
    We will see how successful GM will be with its Caddy in China, the Chinese like their MIC Buicks, the car that the Last Emperor drove.

  12. Kit Gerhart Says:

    11 At some point, Tesla will need to sell mass market cars, if they want to “take over the world.” The $35K Model 3 now costs about $47K, and the cheapest Model Y costs about $60K. Those prices are for a white car with black vinyl seats. Other paint colors, or white seats cost extra.

  13. lambo2015 Says:

    None of the sub 35MPH small EVs will likely account for much in the US. Some company may buy a few to sprinkle within a few major cities.

    China has at least two cities that have more people than not just NYC but the whole state of NY. They are much more densely populated and what works there isn’t exactly going to work here. For any EV to do well here in the states it will need to be capable of at least 70mph and most likely have seating for 4.
    Although I would buy a 2 seater trike EV for a go to work car if the price was right.

  14. Rey Says:

    #12 Tesla in Shanghai has been tasked to come up w/ the Baby Tesla, a Civic / Corolla fighter, chances are it will have a LFP battery pack good for 200 real miles in most of the Southern States, but it might have 160 miles in colder climes as LFP is a bit challenged in cold, but it seems Tesla has done a software upgrade to fix some of the SR mod3 w/ LFP chemistry, that model incidentally is sold out into 11 months from now, the demand is insane, now imagine a “Civic / Corolla killer”@$25-$,30,000 ,andvgasoline @ $1.50/ literroughly $5.00 +++/gallon

  15. Rey Says:

    #12 kit Civics are popular in the GTA, Ontario, where they are made in Aliston, just NW of Toronto and go for $25-30 000 , need 50 liters / tank@$1.50 liter , Teslas fill approx $20./ “full tank”@ home, and cheapest @ midnight with TOU metering

  16. Kit Gerhart Says:

    14 If that smaller, less expensive car is a hatchback with 60+ inches of floor, I might be interested, as a car to use in Indiana, where I’d have home charging.

  17. Rey Says:

    #16, kit, IF there is demand in North America i do hope Tesla makes it or imports it, for sure Tesla will make or export that small Tesla to Europe, markets in Canada are a little different than US due to our gas prices much more expensive, most gas here is refined in the US, oil exported, then refined then piped back ,I think, Quebec has lowest price of Elec.(Hydro)and quite high gas prices, 5 cents/liter more than Ontario i think.

  18. Kit Gerhart Says:

    17 As long as gas is cheap in the US, people will keep buying huge trucks to drive to work and get groceries at Walmart. If gas were $8/gallon, probably Toyota would sell what I’d like as a “do everything” car, a Camry hybrid hatchback or wagon.

  19. Rey Says:

    #18 kit , The publics response to the Ford Maverick seems to be very favorable, if they can build and sell @$20,000to $35,000, that is a do everything car, being based on Escape platrorm chassis , I think Toyotz will have their version, off a Rav4 platform, but Rav4 Prime plug-ins are already $40,000 & up, Ford has a winner in the Maverick.

  20. Rey Says:

    #18 kit , The publics response to the Ford Maverick seems to be very favorable, if they can build and sell @$20,000to $35,000, that is a do everything car, being based on Escape platrorm chassis , I think Toyotz will have their version, off a Rav4 platform, but Rav4 Prime plug-ins are already $40,000 & up, Ford has a winner in the Maverick.

  21. Sean Wagner Says:

    To my knowledge, making the Chinese EV landscape more competitive was actually a prime consideration in facilitating the Tesla Gigafactory’s establishment.

    It’s official “communist” government policy to winnow the massive number of local firms down to a few winners capable of growing internationally. Europe is already seeing the influx of Chinese vehicles from this more successful second wave.

    Station Wagons are so out of fashion that the style must be poised for an imminent return. Or will it be crossovers like the ID5? Next up, glaringly impractical two-door CUVs a la AMC Eagle Kammback.

    A longer wheelbase improves the ride. It’s to be expected that the big suppliers will find means to recoup some of the losses due to the switch in motive power, and all-wheel steering can be useful in Europe.

    I stumbled across a youtube video about the first VW ID.3 visit at Tesla’s Tilburg (NL) Supercharger. Helps one understand why they don’t need to advertise.

    While I favor a revenue-neutral levy on greenhouse gases in order to keep government from micromanaging the emerging new energy landscape, a sensible tax credit for US (or NA) built battery-packs (including cells) would incentivize the creation of a domestic supply-chain, which is vital for the long-term health of US industry.

    I am of two minds concerning Tesla’s massive orders and exports of Chinese LiFe(PO4) cells.

  22. Kit Gerhart Says:

    19,20 The hybrid version of Maverick would be a great do-everything car, if they’d make a wagon or van version of it. A truck with a 4 1/2 foot bed, not so much, at least for me. To be useful at all, it would need a bed cover of some sort. If they made a van or wagon version, it would be very roomy, with the 200 inch length.

  23. Kit Gerhart Says:

    21 I haven’t been to Europe in about 12 years, but aren’t station wagons/estates like Passat, C-Class and others still popular there, or are the thirstier, lifted CUVs replacing them in large numbers?

  24. Sean Wagner Says:

    23 Kit – The craze for CUVs has taken hold in Europe too. Every size is represented, though obviously biased more towards smaller vehicles. And yes, wagon/sedan/hatchback sales have suffered as a result.

    See carsalesbase.com/european-sales-2021-first-half-small-crossovers/

  25. Rey Says:

    #22 kit,Im semi retired but I still take on small construction projects needing 4× 8 drywall and lumber for self and customers, I use my 2009 CRV like a truck for almost all of the jobs and rent Uhaul when needed,3-4 times a year,a Maverick would be all I would ever need, a real DIY trucklet,a base CYBRTRK is my dream, and probably overkill, but the SSteel body would make it the last vehicle for me as it would last forever.#23 after you have gone to CUV from a car @ my age there ain’t no going back if possible ,ease of entry and exit the prime excuse,the 75 to 85 yr old folks I got the CRV from went from a Honda Accord to the CRV,

  26. Rey Says:

    #9 Gm vet, #23,Sean, You have to look @ the big picture and watch and study and listen to folks who spent time and worked in the industry in China, like Michael Dunne , CEO of ZOZOGO ,a former GM indonesia president before going to China and living / working there for years, like in the early 90s, when China had no car making capabilities… Think of JV as means of Transfer of Technologies
    The Western JV with Chinese locals was to teach them how to make cars , which they have now mastered, and are ready for the next Phase, bypass ICE and go BEVs and dominate in making them, but over 300 manufacturers is inefficient to the nth degree, those who cannot compete vs Tesla in China will be forced to amalgamate with bigger and more profitable companies, it already has started with Nio, who was seeking Loans for a factory, the Govt said No Loans, go venture with a Local Auto who has excess manufacturing capacity, and it did happen, This as Tesla was building its GIGA Shanghai,and was loaned 2 Billion and given generous leased land that used to be a farm. Today Tesla run rate in Giga Shanghai is @500,000 units a year,The 2 Billion dollar loan was just fully Paid last 3rd Qrtr and there are rumors of a second factory to build the Baby Tesla, the one for China and Europe markets, expect that announcement within 6-8 months from today.
    FYI, Tesla Shorts bet that Tesla would fail in China , and the Chinese Govt and the Banks would Reposess that factory, and Tesla would lose all that investment, I think we know who won that bet.

  27. Kit Gerhart Says:

    25 I’m 75, and get in and out of a Cayman and a Corvette. Yeah, it would be easier with a CR-V. Midway between is a Camry.

    As far as actual utility, nothing beats a van for most uses, though a pickup truck would be much better for horse dung, or something like that.

  28. Kit Gerhart Says:

    26 There were a lot of Chinese VW Santana taxis when I was in Shanghai in 1992. They were front drive with longitudinal engines and 4-speed manual transmissions. They were probably a lot like second generation Passats, called Quantum in the US.

  29. REY Says:

    #28 i had a 91 Passat ,i4 transverse engine,the early Audis had NS longitude engines the Chinese JV probably had hand me down technology, same as was done in Mexico and Brazil, the last air-cooled VW bugs were made in Mexico late 80s?,long after Germany killed it.
    I had many Chryco minivans and a few full size one and one Sienna, all carried drywall and tools and even Triple mix from the garden center.

  30. Kit Gerhart Says:

    29 Curiously, Passats went from longitudinal to transverse, and back to longitudinal engine. I had a B5 2000 Passat wagon, which was longitudinal. Passats after that generation are transverse engine.

    Does anyone here know if Audi A4s are still longitudinal engine?

  31. Kit Gerhart Says:

    29 The air cooled Beetles were built in Mexico until 2003.

  32. Rey Says:

    #31kit, Wow! Mexico allowed VW to pollute their air so much!, I remember reading somewhere VW Bugs being used as local taxi in Mexico, and I think some of the chassis pans being shipped to California to do Bug restorations.
    I always thought that Audi A4s were transverse, I Googled and saw they are Longitudinal, A3 is Tranverse.
    When I used to go to wrecking yards for salvage car auctions,Audi A6 very common write-off,even less tha 5 yrs old,if front end damaged as the engine sits @ the very front, even before the front axle,Turbo intercooler ,radiator,Engine timing gear,and Alternator were all damaged as a result, plus all the headlights and other stuff.

  33. Kit Gerhart Says:

    32 The later Mexican air cooled Beetles, starting in the ’90s had fuel injection and catalytic converters, so would have been fairly clean.