AD #3321 – Rivian Loses Billions In Market Cap; Chinese Car Market Takes A Bath; Tesla Takes Big Steps Forward in Recycling

May 10th, 2022 at 11:54am

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Listen to “AD #3321 – Rivian Loses Billions In Market Cap; Chinese Car Market Takes A Bath; Tesla Takes Big Steps Forward in Recycling” on Spreaker.

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Runtime: 11:06

0:08 Chinese Car Market Takes A (Covid) Bath
0:54 Rivian Loses $100 Billion In Market Cap
1:42 Foreign EVs Crack South Korea’s Protected Market
2:35 Tesla Takes Big Steps Forward in Recycling
4:17 Geely Buys Part of Renault-Korea
5:15 Bollinger & Roush Team Up for Production
5:56 Hyundai Deploys 30 Hydrogen Semis in California
6:34 Bentley Bentayga Believes Bigger Is Better
7:54 First Look: Sierra Denali Ultimate & AT4X

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22 Comments to “AD #3321 – Rivian Loses Billions In Market Cap; Chinese Car Market Takes A Bath; Tesla Takes Big Steps Forward in Recycling”

  1. Lambo2015 Says:

    Not trying to start a debate on Covid but is China having a lot of Covid deaths? I don’t catch the national news very often so maybe I’m just oblivious to what’s going in there. Are these shutdowns justified?

    The Rivian stock drop makes me wonder if that was Fords plan all along. Take advantage of the stock price while knowing if the sell it will drop significantly. Or Does Ford know something more? Start-ups are seeing the difficulties in making it in the auto world.

  2. BobK Says:

    Sean, Do you have any info on the business side of Tesla’s recycling program? My experience in the metals recycling industry leads me to believe this is financially a race to the bottom, with recyclers caught between having to pay savvy sellers for the metals in the batteries and then process and sell them on the open market. Great idea from the standpoint of conserving resources, but hard to make money on.

  3. Anthony Carl Mamut Says:

    RIVIAN: Before we even talk about the market side, who would park something like that in their driveway? ACM

  4. Kit Gerhart Says:

    1 China isn’t having many covid deaths, and they want it to stay that way, thus the lockdowns. It seems that they may be overdoing things, though.

    Does anyone know where Tesla does the battery recycling? The linked article doesn’t say, or I missed it.

  5. Albemarle Says:

    GM certainly has a cash cow with the GMC Denali brand. Extending its offerings is smart.

    Interesting that GMC pickups outsell Chevrolet pickups in Canada.

  6. Kit Gerhart Says:

    5 Are GMC and Chevrolet sold at the same dealers in Canada? There are a lot more Chevy dealers in the US, which is probably why Chevy far outsells GMC here.

  7. Joe G Says:

    Wow, Kemal Curic as a guest on AAH this week!! To me he is an automotive rock star. He designed my 2015 Mustang that (as a huge Mustang enthusist and multiple owner) I feel is one of the best looking vehicle designs ever! I usually am not this impressed. Now he has had a hand in the classy Aviator and this stunning Lincoln Star concept. Thank you Autoline.

  8. Bob Wilson Says:

    Some tips for Kit on using 12 V-to-120 VAC inverter in a Prius.

    Minimize AC power loss through extension cords with a more expensive sine wave generator. The modified sine wave inverters have sharp voltage transitions that treat the extension cord as a capacitor reducing the voltage at the other end.

    Load test use a clamp-on amp meter on an inverter conductor. A portable space heater with adjustable levels makes it easy to monitor the load and voltage from hybrid into the inverter.

    The hybrid drive will cycle the engine by putting a charge on the traction battery and then turning off. When the traction battery gets low, the engine will come on and operate at an efficient power point to restore the charge.

    Add load with the highest inrush current first (aka., computers, motor, and TVs). Then add resistive and lighter loads.

  9. XA351GT Says:

    China is probably having more suicides from lockdowns than deaths from covid. I can’t see how welding people into their apartments with or without food to survive is going to be anything less than a scene from the Walking dead

  10. Kit Gerhart Says:

    8 Thanks for the info. I now have a Highlander hybrid, not a Prius, but its powertrain is like a Prius, but scaled up. I would assume that its DC-DC converter would have at least the current capability of the one in a Prius.

  11. Bob Wilson Says:

    Munro and his wife took delivery of a Rivian R1T a month ago. The good thing, it is an EV with less stuff to break, wear out, or need maintenance.

  12. Kit Gerhart Says:

    11 Did they take delivery of it to drive long term, or to tear down and see how it’s made?

  13. Wim van Acker Says:

    @3 I would park it on my driveway but would cover those headlights.

  14. Bob Wilson Says:

    The web link is to the longer of Sandy’s video. My impression is for their use.

  15. wmb Says:

    While it has been long in coming, IMHO, when you consider what the competition has to offer in terms of size, even a longer wheel base version will still not measure up to other in the field! The Cullinan, DBX, Range Rover, GLS and X7, while not all are direct competitors, offer more space and ambiance for their top tier clientele. Attempting to compete on size against full size SUVs, with a midsize platform will just not measure up to those in the higher class. This stretched version will no doubt be the Bentayga’s starting point in its next generation. That said, unless Bentley introduces a full size SUV/CUV, in comparison to their competition, the Bentayga will always be the great thing that comes in a small package!

  16. wmb Says:

    #16,)…sorry, that rant is in regard to the EWB ( or is that LWB) Bentayga!

  17. Bob Wilson Says:

    Your Mark Reuss interview was great!

    I had to deal with Jack Welch who was a mirror image of the brain-dead GM management of previous decades. Managers who built down their formerly great companies.

  18. Kit Gerhart Says:

    15 If you want size, don’t you just buy a Suburban or Expedition, which are bigger than any of those you mention, and save about $250K compared to some of them? Size is not what these obscenely expensive trucks are about. It’s name plate, and fancy interiors.

  19. Kit Gerhart Says:

    17 I remember Jack Welsh. Wasn’t he largely responsible for changing GE from “bringing good things to life,” into a money laundering company? Maybe younger people here wouldn’t remember those ads that GE ran for years, starting in the 1970s, back when they made light bulbs and appliances, before the appliance part of GE became owned by a Chinese company.

  20. wmb Says:

    18 That is true and just because things are small, does make them less special. Yet, in a world where big and bigger is viewed as better and a greater display of money and wealth could the midsize Bentayga be seen to be coming up short, as compared to the competition mentioned earlier? I why do a long wheelbase version in the first place then? ‘The give the customer…I should say clientele, more room and space, right? Sure, that maybe true! But, it can’t go unnoticed that their closest competitors already appears to have the room they lack, because their due to their larger accommodations! If more wasn’t better in the minds of those who have the disposable income to buy big-ticket items, why would hypercars and Exotics need to keep figuring out ways to come up with more horsepower, to only make their vehicles faster by only 10th of a second? Because more and bigger the number seems to make it better! To your point, if size was the only parameter, the Big Three, Toyota, Nissan, Mercedes and BMW got you covered! Yet, if you cross shop Aston Martin, Range Rover, Rolls Royce and Bentayga, to transport your Precious Cargo back and forth, having extra room to do so may be important. Or they could just buy a bus and be done with it!

  21. Kit Gerhart Says:

    20 It turns out that the current Bentayga is longer than the DBX and standard Range Rover. The X7 and GLS are ~2-3 inches longer, and the Rolls is 8 inches longer. Are any of these machines 3 row, except the BMW and Mercedes? If so, the 3rd row must not be very roomy, because the vehicles are not much longer than a Highlander, which’s third row is only for small kids, or very short trips for adults.


    As someone that wants to tow, the Bentayga, Range Roller, BMW X7, Mercedes GLS, Aston Martin, et all are not appealing to me. I would just get a Suburban, Yukon, or Escalade. Probably a Suburban as the Escalade is too flashy for my tastes.