Electric Vehicles

cross-posted from: https://lemm.ee/post/56651306

I am researching SIBs and stumbled upon the Seagull, called "Dolphin Mini" outside of China, that supposedly used SIBs.

But now it looks like it uses LFP after all?

Was this a China-only thing?

Harbinger just builds the chassis. Everything on top comes from somewhere else.

"Most medium-duty vehicles are built by one company building the chassis [and] another company installing the body," Weicker said. "So this made the perfect sense for our first product because we're going to be focused almost entirely on the differentiated aspects. We don't have to deal with the high capital investments for body in white, paint shop, [and] a lot of the things that have cost EV startups lots of money just to get to a table-stakes position with their incoming competitors."

"Where we're pricing the vehicles, we need that 45 W if we want to undercut diesel, and that's what we're doing," Harris said. "With 45 W, we can undercut the typical diesel vehicle by a few thousand dollars."

But even if that credit goes away under the current administration, Harbinger has some price flexibility to remain competitive, he added.

That's doubly true if you factor in operating costs. Harris says the average cost to operate a medium-duty vehicle like this is $0.50 per mile for fuel, or $0.85 if you factor in all costs relating to the vehicle itself. Harbinger is aiming to halve that, targeting $0.40 per mile. But, Harris says, Harbinger doesn't need to lean on that total cost of ownership (TCO) logic.

What are some other signs you've noticed that signal things are moving in the right direction?

Rivian posted total fourth-quarter revenue of $1.73 billion, easily topping Wall St expectations of $1.4 billion. Total automotive revenue was $1.52 billion, primarily from the 14,183 vehicles Rivian sold in the quarter. Rivian also generated $299 million from the sale of regulatory credits and $484 million from software and services. Rivian Q4 2024 Revenue: $1.73 billion vs $1.4 billion expected Rivian Q4 EPS loss: 0.46 loss per share vs 0.68 loss per share expected CEO RJ Scaringe said, “This quarter, we achieved positive gross profit and removed $31,000 in automotive cost of goods sold per vehicle delivered in Q4 2024 relative to Q4 2023.” Rivian generated $110 million in automotive gross profit in the quarter compared to a loss of $611 million in Q4 2023. For the full year, Rivian generated a negative automotive gross profit of $7 million, an improvement from the $12 million loss in 2023.

This is very good news!