Yikes. Like the article mentioned, surviving might mean being bought out or acquired. Hmmm...It's not looking good for EV startups, especially lately with them getting deeper in the hole.
In the coming years we could start seeing them closing doors.
Which do you guys think will survive?
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U.S. electric-vehicle startups set for another quarter of steep cash burn
U.S. electric-vehicle startups are expected to report another quarter of dwindling cash reserves next week, piling pressure on a group of companies that are struggling to ramp up production and have few options for funding in a turbulent economy.www.reuters.com
EV startups are burning through cash
It's not looking good for EV startups, especially lately with them getting deeper in the hole.
In the coming years we could start seeing them closing doors.
Which do you guys think will survive?
www.reuters.com
In the coming years we could start seeing them closing doors.
Which do you guys think will survive?
U.S. electric-vehicle startups set for another quarter of steep cash burn
U.S. electric-vehicle startups are expected to report another quarter of dwindling cash reserves next week, piling pressure on a group of companies that are struggling to ramp up production and have few options for funding in a turbulent economy.
www.reuters.com
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It would be funny if Tesla bought Lucid because Lucid is headed by a former Tesla exec
😆 that would be pretty funny! Kind of like when the kids move back to their parent's house!It would be funny if Tesla bought Lucid because Lucid is headed by a former Tesla exec
Kia EV9 will have Rivian’s R1S for lunch.
Anyone noticed the dashboard of the EV9 looks similar to our Ariya?
Kia EV9 | Introducing The All-New All-Electric SUV | Kia
The all-new Kia EV9 electric SUV comes with high-performance SUV capability and long-range EV power. Sign up to receive updates on the newest fast-charging electric vehicle in Kia's lineup.
Even though I’ve owned a few Kias (last being a Telluride), I don’t think Kia will be too successful with their EVs. Niro EVs and EV6s are sitting on lots and being discounted $2K-$4K and still not selling while Telsas, ID.4s, Mach-Es seem to sell nicely.Kia EV9 will have Rivian’s R1S for lunch.
Anyone noticed the dashboard of the EV9 looks similar to our Ariya?
Kia EV9 | Introducing The All-New All-Electric SUV | Kia
The all-new Kia EV9 electric SUV comes with high-performance SUV capability and long-range EV power. Sign up to receive updates on the newest fast-charging electric vehicle in Kia's lineup.www.kia.com
I want a Telluride EV. I don’t want the abomination that is the EV9. The Telluride is a quiet smooth riding SUV with billions of features and simple to use controls. EV9 is just an EV6 as a minivan and EV6s have poor sales.
Kia EV9 will have Rivian’s R1S for lunch.
Anyone noticed the dashboard of the EV9 looks similar to our Ariya?
Kia EV9 | Introducing The All-New All-Electric SUV | Kia
The all-new Kia EV9 electric SUV comes with high-performance SUV capability and long-range EV power. Sign up to receive updates on the newest fast-charging electric vehicle in Kia's lineup.
Not sure that I would ever consider comparing the the KIA EV-9 to the Rivian R1S as each car caters to an entirely different market segment. Might as well compare the virtues of a VW ID.4 vs a Porsche Taycan Cross Turismo.Kia EV9 will have Rivian’s R1S for lunch.
Anyone noticed the dashboard of the EV9 looks similar to our Ariya?
Kia EV9 | Introducing The All-New All-Electric SUV | Kia
The all-new Kia EV9 electric SUV comes with high-performance SUV capability and long-range EV power. Sign up to receive updates on the newest fast-charging electric vehicle in Kia's lineup.
EV9 will be a giant turkey. The base trim has a sub 200-mile range, 0 to 60 in 9-ish seconds, and is $56K. For that same price you can get a fully loaded Telluride which is 10x the car that the EV9 is.
Who does the EV9 appeal to? I don't know many. It's too expensive. Too little range. Too slow. And worst of all.. it's an EV with the weird EV-like interface and fewer features compared to the ICE counterparts. Folks want a Telluride EV not a disaster that is the EV9. EV6s don't sell and neither will the EV9.
More importantly as a long time Kia owner... the buying demographic has always been sub-prime folks. Only recently have they moved upmarket but the dealerships are still far behind and folks dump their Tellurides due to poor Kia service. This demographic is not buying a 7 row EV.
I will hold my judgement until as I see the EV9 in person.
This weekend, there is an EV Convention in Long Beach. I will attend and hope Kia will be at show.
Electrify Expo Long Beach
Electrify Expo is the largest e-mobility festival in North America with over a million square feet of exhibit space featuring the latest Electric Vehicles, E-Motorcycles, E-Bikes, E-Skateboards, E-Scooters and more. Electrify Expo Long Beach: May 19-21, 2023, Long Beach, CA
www.electrifyexpo.com
As for the EV6, it’s a funky crossover not worth talking about. People love SUVs, not crossovers.
Hope you have a chance to view lots of EVs this weekend at Expo Hank. Please let us know your overall impressions. I attended the Expo in Seattle last summer and honestly I was a bit underwhelmed. So hoping this years Expo show in Long Beach is worthwhile.I will hold my judgement until as I see the EV9 in person.
This weekend, there is an EV Convention in Long Beach. I will attend and hope Kia will be at show.
Electrify Expo Long Beach
Electrify Expo is the largest e-mobility festival in North America with over a million square feet of exhibit space featuring the latest Electric Vehicles, E-Motorcycles, E-Bikes, E-Skateboards, E-Scooters and more. Electrify Expo Long Beach: May 19-21, 2023, Long Beach, CA
As for the EV6, it’s a funky crossover not worth talking about. People love SUVs, not crossovers.
The EXPO was so awesome! It's way better then the boring LA Auto Show.
At the Expo, Cadillac, GM, Nissan, Fisker, and Mercedes were a no show.
Toyota, Lexus, Kia, Tesla, VW, Mitsubishi, Ford, and Volvo were there.
I had a chance to test drive the RAV4 Prime and Prius Prime. Between the RAV4 Prime and our Nissan Ariya, Ariya is way better all around. I was surprised.
The Kia EV9 was on display but no one was allowed to sit inside. I do think EV9 will do well.
Love the Telluride and almost everything except the low end power and maybe Kia dealerships. It’s the perfect family SUV IMO. The EV9 is just a horrible EV-ized version. Kia should have followed Genesis - who converted their GV70 by simply ripping out the gas drivetrain. The GV70 EV has stellar reviews which is no surprise because the gas version is an award winning car.I will hold my judgement until as I see the EV9 in person.
This weekend, there is an EV Convention in Long Beach. I will attend and hope Kia will be at show.
Electrify Expo Long Beach
Electrify Expo is the largest e-mobility festival in North America with over a million square feet of exhibit space featuring the latest Electric Vehicles, E-Motorcycles, E-Bikes, E-Skateboards, E-Scooters and more. Electrify Expo Long Beach: May 19-21, 2023, Long Beach, CA
As for the EV6, it’s a funky crossover not worth talking about. People love SUVs, not crossovers.
1 - 19 of 19 Posts
