Very Very Lucky!
From GE to GM. 11 billion with Nikola announced on Tuesday.
https://www.gmhydrotec.com/product/p...-hydrotec.html
Nikola and General Motors Form Strategic Partnership; Nikola Badger to be Engineered and Manufactured by General Motors
General Motors receives 11 percent ownership of Nikola and right to nominate one director; General Motors seizes growth opportunity with Nikola to boldly move into broader markets with Hydrotec fuel cell and Ultium battery systems
- General Motors to receive $2 billion equity stake in Nikola in exchange for certain in-kind contributions
- General Motors to engineer, validate, homologate and build the Nikola Badger for both the battery electric vehicle and fuel cell electric vehicle variants as part of the in-kind services
- Nikola anticipates saving over $4 billion in battery and powertrain costs over 10 years and over $1 billion in engineering and validation costs
- General Motors expects to receive in excess of $4 billion of benefits between the equity value of the shares, contract manufacturing of the Badger, supply contracts for batteries and fuel cells, and EV credits retained over the life of the contract
- General Motors to be exclusive supplier of fuel cells globally (outside of Europe) to Nikola for Class 7/8 trucks, providing validation and scale in a multi-billion dollar total addressable market
- Badger is anticipated to enter production by year-end 2022
ChatterBox
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RoverLord
Interesting thought - when cars first starting to be built, the issue was getting a reliable engine, but once this was achieved by about the beginning of the twentieth century, a major part of design for many manufacturers became "how can we get more power, without it being too big, too heavy, or too expensive?". Dealing with the power has never really been the issue, and for many buyers, fuel consumption wasn't either.
With EVs it is becoming clear that there is no real direct limit on power. To some extent, this concern is replaced by concerns about battery capacity, but it has become clear that even if you want to design battery capacity for range, it is easy and cheap to also provide power in any EV that a few years ago was only available in a handful of cars that sacrificed everything else to performance.
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
Swaggie
My local tyre guy was telling me Ev's are great for business.
They wear out the front tyres very quickly.
His comment was the tyre manufacturers are going to have to lift their game.
Very Very Lucky!
I used to change a rear tyre on my 2nd motor cycle at least every 3 months riding. Hated it but needed to for staying upright. Take off power in a Jag EV was neck snapping so I agree tire life will be a issue for us who like to get to the speed limit as quickly as our vehicle allows when we move to electric engines.Originally Posted by scarry
My D3 is happily not pushed to it capability often at all. It is possible not to shred tires on a car or bike I mean.
A report on EV by Bloomberg is a interesting read. Cost parity for Delivery vans and similar by 2022 caught my eye.
BNEF EVO Report 2020 | BloombergNEF | Bloomberg Finance LP
Sleeping while Tesla is doing 150 km/h.
Tesla driver found asleep at wheel of self-driving car doing 150km/h | World news | The Guardian
RoverLord
Related to that - the 'safety' driver of an Uber autonomous driving vehicle that killed a pedestrian has been charged with negligent homicide. Safety driver in 2018 Uber crash is charged with negligent homicide | Ars Technica
This is exactly the position of the driver of a Tesla on autopilot that kills someone, and points out the legal situation of self driving cars today and for the foreseeable future.
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
Swaggie
It will be a long time before that is sorted,just in Aus,over 700 regulations need modification.
So i think we can say goodbye to self driving vehicles for many,many years.
Very Very Lucky!
I am sure many of us would like to say a Good Bye to the small but very noticeable group of people who should never ever been allowed to drive a car in the first place. Saw two unfortunately this morning. One on the wrong side of the road while shouting on their mobile put me on the footpath and a second who was a OMG. Computers- Automated A.I. cars have way to go before they are safe. Some current drivers will never be safe
RoverLord
We all talk about how dangerous human drivers are, but in fact, if you look at the statistics, a large proportion of human drivers can spend their driving life without ever being involved in an injury accident at all. Let alone one that they contributed to. Just as an example, I am one of them - only had a licence for sixty-two years so far though. And I am not a rarity. The same applied to both my parents and probably twenty to thirty other people that I know well enough to be certain of their driving history. Unfortunately, this does not include my older son, who blotted his copybook while on his Ps. And, as far as I know, I do not know anyone who has been the driver in a fatal accident.
Worth a thought that I know of no software system that can be guaranteed to have this low an error rate.
The fairly well known situation is that a very small percentage of drivers contribute a very large proportion of accidents.
John
JDNSW
1986 110 County 3.9 diesel
1970 2a 109 2.25 petrol
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