Friday, March 28, 2025
What are the cheapest priced Chinese electric cars and what is the mileage range, and are they street legal in America?
Let’s break this down into the three parts of your question: the cheapest priced Chinese electric cars, their mileage range, and whether they’re street legal in America.
Cheapest Priced Chinese Electric Cars
Chinese automakers are known for producing some of the most affordable electric vehicles (EVs) globally, though many aren’t directly available in the U.S. due to tariffs, safety regulations, and market strategies. Here are some notable examples based on available pricing from China or markets where they’re sold:
Wuling Hong Guang Mini EV: This tiny city car, produced by a joint venture between SAIC, General Motors, and Wuling, starts at around $5,000 USD in China. It’s one of the cheapest EVs in the world.
Changli NEMECA (or similar Changli models): Sold through platforms like Alibaba, these micro-EVs start at about $900-$1,200 USD before shipping and import costs. They’re marketed as personal transport for short distances.
BYD Seagull: Launched in 2023, this compact hatchback starts at roughly $10,000-$11,000 USD in China, offering a more conventional car design.
XPeng Mona M03: Introduced in 2024, this budget-friendly EV starts at around $16,890 USD (based on currency conversion from its Chinese price), making it one of XPeng’s most affordable offerings.
Ora Good Cat (Great Wall Motors): This compact hatchback costs about $16,000 USD in China, slightly less than the XPeng Mona M03.
These prices reflect base models in China and don’t include shipping, tariffs, or modifications needed for other markets, which can significantly increase the cost for U.S. buyers attempting to import them.
Mileage Range
The range of these EVs varies widely depending on their size, battery capacity, and intended use. Here’s the mileage range for the examples above, typically based on China’s CLTC testing cycle (which tends to be more optimistic than the U.S. EPA standard):
Wuling Hong Guang Mini EV: Offers a range of about 75-120 miles (120-200 km), depending on the battery version (9.3 kWh or 13.9 kWh). Real-world range might be closer to 50-100 miles under U.S. conditions.
Changli NEMECA: Claims around 28 miles (45 km) of range with its small lead-acid or lithium battery options. Testing by users like Jason Torchinsky suggests this is optimistic, with real-world use likely lower.
BYD Seagull: Provides up to 190 miles (305 km) on the CLTC cycle with its base 30.08 kWh battery, or 252 miles (405 km) with the larger 38.88 kWh option. EPA-equivalent range might be around 150-200 miles.
XPeng Mona M03: Offers 320 miles (515 km) with its 140 kWh battery or 385 miles (620 km) with the 160 kWh version, per CLTC. Converted to EPA standards (typically 70-75% of CLTC), this could be roughly 225-290 miles.
Ora Good Cat: Delivers around 261 miles (420 km) with its 47.8 kWh battery under CLTC, likely translating to 180-200 miles EPA.
Note that CLTC ranges are often higher than what you’d see in U.S. testing due to differences in driving conditions and methodology. Real-world performance in America could be lower, especially in varied climates or with aggressive driving.
Street Legal in America?
Whether these cars are street-legal in the U.S. depends on compliance with Federal Motor Vehicle Safety Standards (FMVSS), overseen by the National Highway Traffic Safety Administration (NHTSA), and environmental regulations from the EPA. Here’s the status for each:
Wuling Hong Guang Mini EV: Not street-legal in the U.S. as a standard passenger car. It lacks safety features like airbags, advanced crash protection, and proper lighting required by FMVSS. It’s designed for China’s less stringent urban vehicle rules and isn’t sold here officially.
Changli NEMECA: Can be registered in some states as a Low-Speed Vehicle (LSV) or Neighborhood Electric Vehicle (NEV), legal on roads with speed limits of 35-40 mph or lower. It requires turn signals, lights, and seat belts, which some models include, but it doesn’t meet full FMVSS for higher-speed roads. Importers must handle registration, which varies by state.
BYD Seagull: Not currently sold in the U.S., so it’s not certified for American roads. Importing one would face a 27.5% tariff (recently raised to 100% in 2024 under Biden’s policy), plus costs to meet FMVSS and EPA standards—unlikely to happen without BYD establishing U.S. production.
XPeng Mona M03: Not available in the U.S. and not certified for FMVSS. XPeng has focused on China and Europe, with no immediate plans for American sales. Importing would face similar tariff and compliance hurdles.
Ora Good Cat: Not sold in the U.S. and not FMVSS-compliant as is. Great Wall Motors has explored international markets like Europe but hasn’t tackled U.S. certification.
Why Aren’t They Widely Available in the U.S.?
Most of these vehicles aren’t street-legal for general use in America because they’re built for China’s market, where regulations are less strict. The U.S. imposes a 27.5% tariff on Chinese-made cars (now 100% as of 2024), plus additional costs to meet safety and emissions standards, making them less competitive even if imported. Exceptions like the Changli can fit into niche LSV categories, but they’re limited to low-speed zones. Companies like BYD or XPeng could theoretically sell here by building U.S. plants (to avoid tariffs) and certifying vehicles, but political tensions, consumer perception, and competition from domestic brands like Tesla deter this.
Final Notes
The cheapest Chinese EVs—like the Wuling Mini EV ($5,000, 75-120 miles) or Changli NEMECA ($900-$1,200, ~28 miles)—offer incredible value but are either restricted to LSV status or not legal at all without significant modification. More robust options like the BYD Seagull ($10,000-$11,000, ~190-252 miles) or XPeng Mona M03 ($16,890, ~320-385 miles) show China’s capability, but they’re not accessible to American buyers without import hurdles. For now, the Chevy Bolt EV ($23,500 after tax credits, 259 miles EPA) remains one of the cheapest fully street-legal EVs in the U.S.
Thursday, March 27, 2025
What are the best electric cars in 2025 as far as charging speed?
Charging speed is a critical factor for electric vehicles (EVs) and plug-in hybrids (PHEVs), as it determines how quickly you can recharge and get back on the road. For this comparison, I’ll focus on the EVs and PHEV from your previous question: the Nissan Leaf S, Hyundai Kona Electric SE, Chevrolet Equinox EV FWD, and Toyota Prius Prime SE. I’ll cover both AC (Level 1 and Level 2) and DC fast charging speeds where applicable, based on 2025 model specifications. Charging times depend on battery size, charger capability, and acceptance rates, so I’ll provide practical estimates.
Charging Speed Comparison
1. Nissan Leaf S
Battery Size: 40 kWh
Level 1 AC (120V, 1.4 kW): ~28-30 hours for a full charge (trickle charge, typically 4-5 miles of range per hour).
Level 2 AC (240V, 6.6 kW): 6-7 hours for a full charge (20-25 miles of range per hour).
DC Fast Charging (50 kW via CHAdeMO): 20-80% in 40-45 minutes (100 miles of range in 30 minutes under optimal conditions).
Notes: The Leaf S is limited to 50 kW DC fast charging, which is slower than many modern EVs. Its CHAdeMO port is also becoming less common as charging networks shift to CCS or NACS standards, potentially limiting fast-charging options. It’s adequate for short trips but less ideal for frequent long-distance travel.
2. Hyundai Kona Electric SE
Battery Size: 48.6 kWh (base SE model; higher trims use a 64.8 kWh battery)
Level 1 AC (120V, 1.4 kW): 34-36 hours for a full charge (5-6 miles of range per hour).
Level 2 AC (240V, 10.8 kW): 5-6 hours for a full charge (35-40 miles of range per hour with an 11 kW onboard charger).
DC Fast Charging (100 kW via CCS): 10-80% in 43-47 minutes (140 miles of range in 30 minutes).
Notes: The Kona Electric SE supports faster DC charging than the Leaf (up to 100 kW), making it more practical for road trips. Its Level 2 charging is also quicker due to a higher-power onboard charger. The CCS port aligns with widespread charging infrastructure, enhancing compatibility.
3. Chevrolet Equinox EV FWD
Battery Size: ~79 kWh (estimated based on range and platform data)
Level 1 AC (120V, 1.4 kW): 55-60 hours for a full charge (5-6 miles of range per hour).
Level 2 AC (240V, 11.5 kW): 7-8 hours for a full charge (40-45 miles of range per hour with an 11.5 kW onboard charger).
DC Fast Charging (150 kW via CCS): 10-80% in 30-35 minutes (200 miles of range in 30 minutes; adds 77 miles in 10 minutes).
Notes: The Equinox EV excels with 150 kW fast charging, one of the highest rates in this price range, and a robust 11.5 kW onboard charger for Level 2. Its larger battery means longer full-charge times, but the fast-charging speed makes it a standout for convenience on longer drives. CCS compatibility ensures broad access to public chargers.
4. Toyota Prius Prime SE (PHEV)
Battery Size: 13.6 kWh
Level 1 AC (120V, 1.4 kW): 11 hours for a full charge (4 miles of electric range per hour).
Level 2 AC (240V, 6.6 kW): 2-2.5 hours for a full charge (20-22 miles of electric range per hour with a 6.6 kW onboard charger).
DC Fast Charging: Not available (PHEVs typically don’t support DC fast charging).
Notes: As a PHEV, the Prius Prime has a smaller battery, so charging times are shorter overall. Its 6.6 kW Level 2 charging is quick enough for overnight or workplace charging, covering its 44-mile electric range. Lack of DC fast charging isn’t a major drawback given its hybrid fallback (50 mpg), but it’s less flexible for all-electric travel compared to full EVs.
Side-by-Side Comparison
Vehicle
Level 1 (120V) Full Charge
Level 2 (240V) Full Charge
DC Fast Charging (10-80%)
Max DC Rate
Charger Type
Nissan Leaf S
28-30 hours
6-7 hours
40-45 min (~100 mi/30 min)
50 kW
CHAdeMO
Hyundai Kona SE
34-36 hours
5-6 hours
43-47 min (~140 mi/30 min)
100 kW
CCS
Chevy Equinox EV
55-60 hours
7-8 hours
30-35 min (~200 mi/30 min)
150 kW
CCS
Toyota Prius Prime
11 hours
2-2.5 hours
N/A
N/A
N/A (AC only)
What are the best electric and hybrid cars as far as price and range for 2025?
To determine the best electric and hybrid cars for the money in 2025, focusing on the lowest price and range, I'll break this down into two categories: fully electric vehicles (EVs) and hybrid vehicles (including plug-in hybrids, or PHEVs). The recommendations are based on available data for pricing (Manufacturer's Suggested Retail Price, or MSRP) and range, prioritizing affordability and efficiency for 2025 models. Note that prices may vary slightly due to destination fees, trim levels, or regional incentives, and range figures are typically EPA estimates.
Best Electric Vehicles (EVs) for the Money
Nissan Leaf S
Price: Starting at $28,140
Range: 149 miles
Why It’s a Top Pick: The Nissan Leaf S is the cheapest new EV available in 2025, making it an excellent entry point for budget-conscious buyers. While its range is modest compared to pricier competitors, it’s sufficient for city driving or short commutes. The base model includes an 8-inch touchscreen with navigation, Apple CarPlay, and Android Auto. However, it’s worth noting that its CHAdeMO charging port is less common as the industry shifts toward Tesla’s NACS standard, though this won’t impact home charging significantly.
Hyundai Kona Electric SE
Price: Starting at $32,825
Range: 200 miles
Why It’s a Top Pick: For a slightly higher price, the Kona Electric offers a better range than the Leaf, along with a practical subcompact SUV design. It’s a strong value proposition with modern styling, wireless connectivity, and a comfortable interior. The 2025 model benefits from a price drop of $675 compared to 2024, enhancing its appeal. Higher trims (SEL, Limited, N Line) bump the range to 261 miles with a larger battery, but the base SE keeps costs low.
Chevrolet Equinox EV FWD
Price: Starting at $33,600 (eligible for $7,500 federal tax credit, potentially reducing effective cost to $26,100)
Range: 319 miles
Why It’s a Top Pick: The Equinox EV stands out as a value king with an exceptional range for its price point. Its spacious interior and 150-kW fast-charging capability (adding 77 miles in 10 minutes) make it ideal for longer trips. If you qualify for the federal EV tax credit, it becomes one of the most affordable long-range EVs available, rivaling options costing significantly more.
Best Hybrid Vehicles (Including PHEVs) for the Money
Toyota Corolla Hybrid LE
Price: Starting at $23,625
Range: Not applicable (fuel economy: 50 mpg combined, ~600 miles total range on a full tank)
Why It’s a Top Pick: As the cheapest hybrid on the market, the Corolla Hybrid delivers outstanding fuel efficiency and Toyota’s renowned reliability. It’s a traditional hybrid (not a plug-in), so there’s no electric-only range, but its low price and up to 600 miles of total range per tank make it a budget-friendly option for those prioritizing cost over electric driving. It’s ideal for urban and highway driving alike.
Hyundai Elantra Hybrid Blue
Price: Starting at $26,250
Range: Not applicable (fuel economy: 54 mpg combined, ~600 miles total range)
Why It’s a Top Pick: Slightly more expensive than the Corolla, the Elantra Hybrid offers superior fuel economy and a sleek design. It’s another traditional hybrid with no plug-in capability, but its low starting price and high efficiency provide excellent value. The spacious interior and smooth ride add to its appeal for cost-conscious buyers seeking practicality.
Toyota Prius Prime SE (PHEV)
Price: Starting at $32,975
Electric Range: 44 miles (plus 50 mpg in hybrid mode)
Why It’s a Top Pick: As one of the cheapest plug-in hybrids, the Prius Prime bridges the gap between hybrids and EVs. Its 44-mile electric range covers most daily commutes, and its hybrid mode delivers top-tier fuel economy. The redesigned 2025 Prius is stylish and efficient, making it a great middle-ground option for those not ready for a full EV but wanting some electric capability.
Summary and Recommendations
Lowest Price EV: The Nissan Leaf S ($28,140) is the cheapest option, though its 149-mile range limits its versatility.
Best EV Value for Range: The Chevrolet Equinox EV ($33,600, or ~$26,100 with tax credit) offers an impressive 319 miles, making it the standout for balancing cost and range.
Lowest Price Hybrid: The Toyota Corolla Hybrid ($23,625) is unbeatable for price and delivers a massive total range via its 50 mpg efficiency.
Best PHEV Value: The Toyota Prius Prime ($32,975) provides a solid 44-mile electric range at a competitive price.
For buyers prioritizing the absolute lowest price, the Toyota Corolla Hybrid and Nissan Leaf S are the winners. If range is a key factor, the Chevrolet Equinox EV offers the best bang for your buck among EVs, while the Prius Prime is a compelling PHEV choice. Your decision may depend on whether you prefer the simplicity of a traditional hybrid, the partial electric capability of a PHEV, or the full electric experience of an EV—along with access to charging infrastructure and potential tax incentives.
Thursday, March 20, 2025
What is the future for Tesla stock, the forecast for 2025-2030?
Forecasting Tesla's stock price from 2025 to 2030 involves a range of variables, including market trends, Tesla’s performance, technological advancements, and broader economic conditions. Based on available analyst predictions and market insights as of March 20, 2025, here’s a synthesis of the potential trajectory for Tesla (TSLA) stock over this period. Keep in mind that these are speculative estimates, and actual outcomes may differ due to unforeseen factors.
For 2025, analyst forecasts vary widely, reflecting both optimism and caution. Projections suggest Tesla’s stock could range between $207.63 and $542.36 by year-end. The lower end, around $207-$230, comes from bearish outlooks citing increased competition from companies like BYD and potential economic slowdowns affecting EV demand. The higher end, approaching $470-$542, is driven by bullish views tied to Tesla’s production scaling (potentially reaching 2.2-2.5 million vehicles), advancements in Full Self-Driving (FSD) technology, and energy storage growth. Some sources, like CoinCodex, predict a peak of $627.35 by December 2025, implying a 57.6% rise from early 2025 levels, while others, such as LiteFinance, estimate $271-$431. The consensus leans toward moderate growth, with an average around $300-$350, assuming Tesla maintains its EV market leadership and navigates competitive pressures.
Looking toward 2030, long-term forecasts diverge even more due to the extended timeline and uncertainty. Optimistic projections place Tesla’s stock between $900 and $1,800. CoinPriceForecast suggests a steady climb, hitting $900 by 2030, with a potential to reach $1,074-$1,150 in the 2027-2031 period, driven by a 114% increase from 2026 levels. Analysts like Ron Baron and Cathie Wood (via ARK Invest) are even more bullish, with Baron eyeing $1,500 and Wood’s base case at $2,000 (originally for 2027, adjusted forward), fueled by FSD monetization, robotaxi deployment, and energy business expansion. CoinCodex aligns with this, forecasting a range of $251.94-$547.82, with a potential ROI of 129.85%. On the conservative side, estimates hover around $500-$700 if Tesla faces execution challenges, margin erosion, or regulatory hurdles. GovCapital’s five-year outlook (to 2029) of $1,534.78 suggests a possible 2030 value exceeding $1,700 under ideal conditions.
Key drivers include Tesla’s ability to scale production (Elon Musk’s 20 million vehicle goal by 2030 is ambitious but doubted by many), FSD adoption (potentially generating billions in software revenue), and its energy segment overtaking automotive in gigawatt-hour deployment. Risks involve intensifying competition, especially from Chinese EV makers, subsidy changes, and macroeconomic volatility. Posts on X and web analyses highlight sentiment: some see Tesla at $450 by 2030 with 3 million annual sales, while others predict $1,000+ if autonomy succeeds.
In summary, Tesla’s stock could realistically range from $300-$600 in 2025 and $500-$1,500 in 2030, with outliers as low as $200 or as high as $2,000 depending on execution and market dynamics. These figures reflect a blend of analyst data and growth trends, but investors should remain cautious as long-term predictions are inherently uncertain.
Wednesday, March 19, 2025
What is the stock price forecast for Rivian stock in 2025-2030?
Predicting Rivian’s stock price from 2025 to 2030 involves analyzing various forecasts from analysts and market trends, though these projections are inherently speculative and subject to change based on economic conditions, company performance, and the electric vehicle (EV) market’s evolution. Below is a synthesis of available forecasts and insights based on current data, keeping in mind that my knowledge is fresh as of March 19, 2025.
For 2025, forecasts vary depending on the source. One estimate suggests Rivian’s stock could end the year around $11.70 to $13.60, reflecting a cautious outlook with potential for modest growth from its current price of approximately $11.02 (as noted in some analyses). A more optimistic projection places it at $16.90 by year-end, implying a 17.70% growth from early 2025 levels, driven by anticipated production increases and cost-cutting measures. Another bullish scenario sees it reaching $65, tied to significant EV market expansion and Rivian’s operational improvements, though this seems outlier-level optimistic given current challenges like cash burn and competition.
Moving to 2026, the range widens. Conservative estimates suggest a price of $10.49, assuming Rivian struggles with scaling and profitability against competitors like Tesla and Ford. A more balanced forecast predicts $21.17, a 47.56% increase from 2025, based on steady production ramps (e.g., the R2 platform rollout). Higher-end projections reach $59, contingent on Rivian capitalizing on its Amazon partnership and achieving positive market sentiment.
For 2030, long-term forecasts diverge significantly. A bearish view sees Rivian dropping to $3.06, reflecting doubts about its ability to achieve profitability or maintain market share in a crowded EV space. The base case, assuming revenue growth to $45.71 billion (a consensus estimate) and steady progress toward profitability by 2027-2028, suggests a price of $128, roughly doubling from current levels every few years. Optimistic scenarios are far bolder: one forecast hits $210, driven by global EV adoption and strategic partnerships (e.g., Volkswagen, Amazon), while an extreme bullish case reaches $845, assuming Rivian captures a 10% U.S. EV market share and scales to 1 million vehicles annually. These high-end figures hinge on flawless execution, which is far from guaranteed given Rivian’s current $5.9 billion net debt and negative free cash flow.
Key factors influencing these forecasts include Rivian’s ability to reduce costs (e.g., 45% material cost cuts with Gen 2 platforms by 2026), scale production (targeting 50,000+ vehicles in 2025 and potentially 400,000 by 2030 with the Georgia plant), and navigate competition. External variables like interest rates, government subsidies, and EV demand growth also play a role. As of now, Rivian’s cash reserves should last through 2025, but dilution or debt could pressure the stock if sales don’t accelerate.
In summary:
2025: $11.70–$16.90 (conservative to moderate), up to $65 (bullish).
2026: $10.49–$21.17 (bearish to moderate), up to $59 (bullish).
2030: $3.06 (bearish), $128–$210 (base to optimistic), up to $845 (extremely bullish).
These ranges reflect the uncertainty and volatility in Rivian’s trajectory. For a precise investment decision, you’d need to weigh its execution against real-time market developments closer to those years.
Friday, March 14, 2025
So, how much money does Rivian lose every time it sells a truck or suv?
As of the most recent data available to me, Rivian's financial loss per vehicle sold has fluctuated over time but remains significant as the company works toward profitability. Based on Rivian's Q4 2024 financial results, the company reported a gross profit of $170 million for the quarter, a notable improvement driven by cost efficiencies and higher production volumes. However, this does not yet translate to a positive net income or a per-vehicle profit when considering the full scope of operating expenses, overhead, and other costs.
Historically, Rivian's per-vehicle loss has been calculated by dividing total losses by the number of vehicles delivered, though the gross profit per vehicle (revenue minus cost of goods sold) provides a more direct look at production-level economics. For example:
In Q2 2023, Rivian reported a gross loss of approximately $32,595 per vehicle delivered, an improvement from $67,329 in Q1 2023 and $124,162 in Q4 2022, showing a trend of narrowing losses as production scales and efficiencies improve.
By Q1 2024, posts on X and some reports suggested a gross loss of around $39,000 per vehicle, though this figure often reflects total net losses (including R&D, administrative costs, etc.) divided by deliveries rather than just production costs.
For Q4 2024, Rivian achieved a positive gross profit, but posts on X indicate the company still lost approximately $13,326 per vehicle when factoring in all costs (not just cost of goods sold). This suggests that while production costs are nearing breakeven or slight positivity, overhead and other expenses keep the per-vehicle net loss in the double-digit thousands.
Given the complexity of Rivian's financials, the exact loss per vehicle depends on the specific quarter and how "loss" is defined (gross vs. net). As of Q4 2024, the most current estimate, based on available data and sentiment from X posts, suggests Rivian is losing around $13,000 to $25,000 per vehicle sold when accounting for all expenses, though this figure is trending downward. The company has yet to achieve net profitability, having accumulated a $23.3 billion balance sheet loss over its 3.5 years of production as of early 2025.
For a precise figure, Rivian's latest earnings reports would need to be analyzed beyond my current data scope, but the trajectory indicates losses are shrinking as production ramps up and cost-cutting measures take effect. Would you like me to dig deeper into a specific quarter or aspect of their financials based on what’s available?
Thursday, March 13, 2025
If you has purchased $1000 in Rivian stock at the IPO, what would it be worth today?
Rivian Automotive, Inc. (RIVN) went public on November 10, 2021, with an initial offering price of $78 per share. If you purchased $1,000 worth of Rivian stock at the IPO price, you would have been able to buy:
$1,000 ÷ $78 per share = approximately 12.82 shares
Since you can’t purchase fractional shares in a traditional IPO, you would have bought 12 shares with $936 of your $1,000, leaving $64 unspent. However, for simplicity, let’s assume you could buy exactly 12.82 shares at the IPO price with the full $1,000.
As of today, March 13, 2025, the most recent closing stock price for Rivian, based on available data up to March 10, 2025, was $10.96 per share (noting that the exact price could vary slightly depending on intraday trading on March 13, which isn’t fully reflected in the data provided). Using this price:
12.82 shares × $10.96 per share = approximately $140.50
So, if you invested $1,000 in Rivian stock at its IPO price of $78 per share, your investment would be worth approximately $140.50 today, representing a significant decline of about 85.95% from your initial investment. This aligns with broader trends of Rivian’s stock performance, which has seen a substantial drop from its IPO value due to various market and company-specific factors.
Note that stock prices fluctuate daily, and the exact value could differ slightly based on the closing price on March 13, 2025, if it deviates from the $10.96 figure from March 10. Transaction fees or brokerage costs, if applicable, would also reduce the final value slightly, but these are not factored in here due to variability.
Sunday, March 2, 2025
Will Rivian be able to survive without government loans and government bailouts under Donald Trump?
Whether Rivian will survive without government loans and bailouts is uncertain and depends on several factors, including its financial health, market performance, operational efficiency, and broader economic conditions. Let’s break this down based on available information and reasoning.
Rivian, an electric vehicle (EV) manufacturer, has faced significant financial challenges since its inception. The company has yet to achieve consistent profitability, reporting substantial losses—such as $5.4 billion in 2023 and $1.1 billion in Q3 2024—while scaling production and developing new models like the R2 and R3. Its cash reserves have been depleting, with analysts and posts on X suggesting it could run out of money within a few years without additional funding. This backdrop makes external capital, including government loans, a critical lifeline.
In November 2024, Rivian received conditional approval for a $6.6 billion loan from the U.S. Department of Energy’s Advanced Technology Vehicles Manufacturing (ATVM) program to fund its Georgia factory, Project Horizon. This loan, finalized in January 2025, aims to support the production of 400,000 vehicles annually and create 7,500 jobs by 2030. Additionally, Rivian secured a $5.8 billion investment from Volkswagen in 2024 for a technology joint venture. Together, these inflows provide up to $12.4 billion in incremental capital, significantly bolstering its financial position in the short term.
Without government loans, Rivian’s survival hinges on its ability to generate sufficient revenue and manage costs. The company produced around 50,000 vehicles annually in 2023 and 2024, with plans to maintain this level in 2025 unless demand shifts. Its gross profit in Q4 2024 was partly driven by EV tax credits, which could be at risk under a new administration less favorable to EV subsidies (e.g., Trump’s stated intent to cut such programs). Losing these credits could erode Rivian’s margins, especially since its vehicles—like the R1T and R1S—are premium-priced and rely on U.S. sales, where subsidies play a role in affordability.
Rivian’s cash burn is another concern. Building a new factory and launching the more affordable R2 (set for production in Illinois in 2026) require heavy upfront investment. Without the DOE loan, Rivian would need to lean on private funding, like the Volkswagen deal, or raise capital through stock offerings, which could dilute shareholders and signal distress if market confidence wanes. Its stock has struggled, down about 50% in 2024, reflecting investor skepticism about its path to profitability.
However, Rivian has strengths that could aid survival. It has a strong brand, high customer satisfaction (notably outperforming Tesla’s Model X in R1S sales in some metrics), and a differentiated product lineup targeting outdoor enthusiasts and commercial clients (e.g., Amazon vans). If it can reduce production costs—as it claims to have done quarterly—and successfully launch the R2 at a competitive price, it might tap into broader demand and achieve economies of scale. The Volkswagen partnership also offers technological and financial support, potentially offsetting the loss of government aid.
Comparisons to Tesla are instructive. Tesla received a $465 million ATVM loan in 2010, which it repaid early, but it also benefited from years of subsidies and a more mature EV market by the time it scaled. Rivian faces a tougher landscape: slowing EV growth, rising interest rates, and competition from established automakers and cheaper Chinese EVs (though U.S. tariffs may limit the latter). Without government support, Rivian’s margin for error shrinks.
If the $6.6 billion loan were clawed back (e.g., under a Trump administration, as suggested by Vivek Ramaswamy), Rivian could still limp along with Volkswagen’s $5.8 billion and existing cash—reported at $7.9 billion post-Q3 2024—giving it perhaps 12-18 months of runway, as speculated on X. But long-term survival would require profitability before cash runs dry, a feat it hasn’t yet demonstrated.
In conclusion, Rivian could survive without government loans and bailouts if it leverages private investment, cuts costs, and executes its R2 launch flawlessly to drive sales. However, its current trajectory suggests heavy reliance on external funding, and the absence of government support would heighten the risk of insolvency within a few years, especially if EV incentives vanish or demand falters. The company’s fate remains speculative, balancing precariously on execution and market conditions.
Predicting whether Rivian, an American electric vehicle (EV) manufacturer, will survive under Donald Trump’s presidency involves assessing multiple factors, including Trump’s policy priorities, Rivian’s financial health, and the broader EV market dynamics. As of March 2, 2025, Trump has been in office for just over a month since his inauguration on January 20, 2025, so concrete outcomes are still speculative. However, we can analyze the situation based on current trends, Trump’s stated intentions, and Rivian’s position.
Trump has historically been skeptical of EV-focused policies, often calling climate change initiatives a “hoax” and opposing subsidies for electric vehicles. During his campaign, he promised to roll back Biden-era EV incentives, such as the $7,500 tax credit under the Inflation Reduction Act, and to dismantle emissions standards that favor EVs over traditional gas-powered vehicles. If these policies are enacted, the EV industry could face headwinds, particularly for companies like Rivian that rely heavily on U.S. sales and regulatory support. For instance, Rivian expects to earn $275 million in regulatory credit sales in Q4 2024, a revenue stream that could be at risk if Trump alters corporate average fuel economy (CAFE) standards or other regulations.
Rivian’s financial situation adds another layer of complexity. As of late 2024, the company has struggled to scale production, hovering around 50,000 vehicles annually for the past two years, with plans to cut back in 2025 according to some reports on X. It’s also cash-intensive, burning through reserves as it ramps up for new models like the R2 (priced at ~$45,000, with deliveries starting in 2026). A $5 billion loan approved under Biden’s administration could be jeopardized if Trump’s team reevaluates such commitments, though no definitive action has been taken yet. Rivian’s stock has faced volatility, with analysts noting its dependence on subsidies and a lack of near-term catalysts.
That said, Rivian has strengths that could help it weather a less EV-friendly administration. It boasts a strong product lineup—its R1T truck and R1S SUV have garnered praise for quality and differentiation, unlike many struggling EV startups with “me-too” offerings. Analysts from firms like Baird remain optimistic about its long-term brand and potential, even amid policy uncertainty. Rivian’s partnership with Amazon, which includes a contract for 100,000 electric delivery vans, provides a steady demand base that isn’t directly tied to consumer subsidies. Plus, the broader shift toward electrification—driven by consumer interest and global competition—might not halt entirely, even if U.S. incentives wane.
On the flip side, a Trump presidency could exacerbate Rivian’s challenges. Reduced subsidies might shrink demand for its premium-priced vehicles (currently starting over $70,000), especially if gas prices drop due to Trump’s “drill, baby, drill” energy policies. Higher tariffs on imported components, another Trump pledge, could also raise Rivian’s production costs, given the global nature of EV supply chains. Posts on X suggest sentiment is mixed, with some users predicting a steep decline if subsidies vanish, while others see Rivian’s product strength as a lifeline.
In conclusion, Rivian’s survival under Trump isn’t guaranteed but isn’t doomed either. It faces a tougher road without EV subsidies and regulatory tailwinds, but its solid product, strategic partnerships, and upcoming lower-cost models (R2 and R3) could keep it afloat if it manages cash flow effectively. The next year or two—especially Trump’s early policy moves and Rivian’s ability to hit R2 production targets—will be critical. For now, it’s a coin toss, leaning on Rivian’s resilience versus Trump’s potential to disrupt the EV ecosystem. What do you think—any specific aspect of this you’d like to dig into further?
Wednesday, February 19, 2025
Why did the CFO of RIvian sell about $100,000.00 worth of Rivian stock?
Claire McDonough, the Chief Financial Officer of Rivian Automotive, Inc., sold 8,097 shares of Rivian Class A common stock on November 25, 2024, at a price of $12.20 per share, totaling approximately $98,783. This transaction was conducted under a pre-arranged Rule 10b5-1 trading plan, which McDonough had established on August 16, 2024. Rule 10b5-1 plans allow company insiders to sell stock at predetermined times or prices to avoid potential accusations of insider trading, as the sales are scheduled in advance when the insider is not in possession of material non-public information. The details of this sale were disclosed in Rivian’s quarterly report filed with the Securities and Exchange Commission on November 7, 2024, covering the period ending September 30, 2024, with the specific Form 4 filing reflecting the transaction occurring later in November.
Reasons for the Sale
There is no explicit public statement from McDonough detailing her personal motivations for the sale, as is typical with such transactions under Rule 10b5-1 plans. However, several common reasons might explain why a CFO like McDonough would execute such a sale:
Portfolio Diversification or Personal Financial Planning: Insiders often sell shares to diversify their investments or meet personal financial needs, especially if a significant portion of their wealth is tied to company stock. After the sale, McDonough retained 370,401 shares, suggesting she still holds a substantial stake in Rivian, valued at approximately $4.52 million at the $12.20 sale price.
Pre-Scheduled Transaction: Since the sale was part of a Rule 10b5-1 plan, it was likely set up months in advance to occur regardless of current market conditions or company performance, reducing speculation about it being a reaction to immediate events or a lack of confidence in Rivian’s future.
Tax or Compensation Strategy: Executives sometimes sell shares to cover tax obligations related to vested stock awards or as part of a broader compensation strategy, though the filing does not explicitly tie this sale to such an event.
Importantly, the sale amounted to a small fraction of McDonough’s holdings (approximately 2.14% of her 378,498 shares before the transaction, based on the post-sale figure of 370,401), and it occurred during a period when Rivian’s stock had gained momentum, with a reported 19% increase in stock price over the prior week according to some analyses around that time. This context suggests the sale was not necessarily a signal of pessimism but rather a routine financial move.
Effect on Rivian Stock Price
Pinpointing the precise impact of McDonough’s sale on Rivian’s stock price is challenging due to the multitude of factors influencing stock movements and the lack of granular, time-stamped trading data tied specifically to this event in the available information. However, here’s an analysis based on market dynamics and context:
Timing and Market Reaction: The sale occurred on November 25, 2024, and was reported after the fact via an SEC Form 4 filing, typically filed within two business days (likely by November 27, 2024). Stock prices often react to insider sales when they are perceived as significant or unexpected, but this transaction was modest in scale ($98,783 is minor relative to Rivian’s market cap of over $10 billion at the time) and pre-scheduled, reducing its likelihood of alarming investors. Around late November 2024, Rivian’s stock was rallying, partly due to positive developments like the finalization of a $5.8 billion joint venture with Volkswagen on November 13, 2024, and optimism about production and delivery updates.
Stock Performance Context: On November 25, 2024, Rivian’s stock closed at a price that would align with its reported momentum (e.g., a 19% weekly gain noted in some sources). For example, if the stock was trading around $10–$11 the prior week, a 19% increase could place it near $12–$13, consistent with the $12.20 sale price. There’s no evidence of a significant drop immediately following the sale announcement. In fact, Rivian’s stock continued to show volatility but maintained an upward trend into December 2024, with reports indicating a surge after Q4 delivery numbers beat estimates in early January 2025 (e.g., a 24% jump on January 3, 2025, per some analyses).
Likely Negligible Impact: Given the small size of the sale, its pre-arranged nature, and the positive market sentiment around Rivian at the time (e.g., Volkswagen deal, strong liquidity reports), it’s unlikely this transaction alone materially affected the stock price. Broader market factors, such as Rivian’s production updates, EV market trends, and macroeconomic conditions, would have had a far greater influence. For comparison, insider sales of much larger magnitudes (e.g., millions of dollars) tend to draw more scrutiny, yet even those don’t always lead to sustained price drops unless paired with negative company news.
Conclusion
Claire McDonough’s sale of approximately $100,000 in Rivian stock was likely a planned, personal financial decision executed under a Rule 10b5-1 plan, not a reflection of doubt in Rivian’s prospects. The stock price appears to have been unaffected in any significant way by this specific transaction, as it was overshadowed by larger positive developments and market trends driving Rivian’s valuation in late 2024 and early 2025. As of today, February 19, 2025, Rivian’s stock has experienced fluctuations but remains influenced more by operational performance (e.g., Q4 2024 deliveries of 51,500 vehicles) and strategic partnerships than by this minor insider sale.
Wednesday, February 5, 2025
Any new details about the $10k 2025 E Truck?
As of February 5, 2025, there are no verified details from official Tesla sources or credible news outlets about Elon Musk unveiling or planning to release a $10,000 electric truck specifically for 2025. Here's what we know based on available information:
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Rumors and Misinformation: There have been rumors circulating on social media and some websites suggesting that Elon Musk or Tesla was set to introduce an electric truck or motorhome at a $10,000 or similar low price point. However, these claims have been debunked by fact-checking sites like Snopes and PolitiFact. For instance, Snopes addressed a claim about a $17,000 Tesla motorhome for 2025, stating it was false as no such announcement had been made by Musk or Tesla (Snopes.com (www.snopes.com)).
Tesla's Actual 2025 Offerings: Tesla's current focus for 2025 includes vehicles like the Cybertruck, which has been launched with much higher price points starting around $61,000 for the base model (The Washington Post (www.washingtonpost.com)). There's no indication from Tesla or Elon Musk about producing an electric truck at such a low price as $10,000.
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Tesla's Future Plans: Elon Musk has spoken about Tesla's plans to produce more affordable vehicles in the future, but these discussions have not specified a $10,000 electric truck. Musk has historically aimed for affordability in electric vehicles, but the complexity of manufacturing and the costs associated with electric vehicle technology make a $10,000 truck highly unlikely in the near term without significant technological or production breakthroughs.
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Speculative Content: Some content on platforms like YouTube or speculative articles might discuss or imagine such a scenario, but these are not backed by official announcements or credible evidence. For example, a video on YouTube titled "It Happened! Elon Musk Reveals 2025 Cybertruck Upgrades & New Features!" (YouTube (www.youtube.com)) does not discuss a $10,000 truck but rather focuses on updates to the existing Cybertruck model.
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In conclusion, there's no reliable information or official announcements indicating that Elon Musk or Tesla plans to introduce a $10,000 electric truck in 2025. Any such talk should be considered speculative or misinformation until verified by official channels.
Sunday, February 2, 2025
Rivian plans hands-free driving in 2025, and eyes-off' in 2026?
Rivian has indeed announced plans for implementing hands-free driving technology in 2025, with an 'eyes-off' system scheduled for 2026. According to CEO RJ Scaringe, these advancements are part of Rivian's strategy to enhance its autonomous driving capabilities, aiming to provide significant value to customers by allowing them to take their hands off the wheel and eventually their eyes off the road under specific conditions. This move positions Rivian in the competitive landscape of autonomous vehicle technology, following the trend set by other manufacturers like Tesla and Mercedes-Benz with their respective systems.
Monday, January 27, 2025
A list of 2025 electric cars by price and range.
Here's a list of 2025 electric vehicles sorted by price from lowest to highest, including their range estimates where available:
2025 Nissan Leaf
Range: 149-212 miles
Price: Starts around $26,795
2025 Mini Cooper Electric
Range: 184 miles (base model)
Price: Starts around $28,000
2025 Fiat 500e
Range: 149 miles
Price: Starts around $32,500
2025 Hyundai Kona Electric
Range: 200-261 miles (depending on battery pack)
Price: Starts around $33,550
2025 Chevrolet Equinox EV
Range: Up to 319 miles
Price: Starts around $34,995
2025 Toyota bZ4X
Range: Up to 252 miles
Price: Starts around $37,000
2025 Hyundai Ioniq 6
Range: 240-361 miles
Price: Starts around $41,600
2025 Volkswagen ID.4
Range: 206-291 miles
Price: Starts around $41,995
2025 Tesla Model 3
Range: 341 miles (Long Range)
Price: Starts around $42,990
2025 Kia EV6
Range: 252-310 miles
Price: Starts around $45,950
2025 Ford Mustang Mach-E
Range: 224-312 miles
Price: Starts around $46,895
2025 Volvo EX30
Range: Up to 275 miles
Price: Starts around $36,245 (but likely higher for 2025 models)
2025 Polestar 2
Range: Up to 320 miles
Price: Starts around $48,400
2025 Rivian R1T
Range: Up to 410 miles
Price: Starts around $69,000
2025 Mercedes-EQ EQS
Range: 350-450 miles
Price: Starts around $105,550
2025 Lucid Air
Range: 410-512 miles (depending on trim)
Price: Starts around $87,400
Please note that prices can vary with destination charges, optional equipment, and regional taxes not included in these base prices. Also, the range is based on EPA estimates which might differ slightly from real-world performance. This list might not include all available models in 2025 but represents a significant portion based on current information.
Saturday, January 25, 2025
What is the cheapest Rivian and Tesla models in 2025?
Here's an overview of the cheapest Rivian and Tesla models in 2025, based on the available data:
Cheapest Rivian Model in 2025:
Rivian R1T:
Starting Price: $69,900 for the base Dual-Motor Standard Pack model.
Highlights:
Powertrain: Dual-motor configuration with 533 horsepower, offering a 0-60 mph time of 4.5 seconds.
Range: The Standard Pack provides an estimated 270 miles of driving range.
Design: Minor exterior changes for 2025, including new head- and taillight designs, RGB LED lights in the light bar.
Suspension: The suspension has been re-engineered for improved ride and handling with a softer setup for daily driving.
Cheapest Tesla Model in 2025:
Tesla Model Y:
Starting Price: $45,380 (including destination charges).
Highlights:
Powertrain: Single-motor (rear-wheel-drive) with an acceleration to 60 mph in 3.5 seconds for the Performance version, though this isn't the base model.
Range: The base Model Y is rated at 260 miles of range, with the dual-motor version offering 310 miles.
Design: Sportier looking than the Rivian R2, with a more aerodynamic hatchback shape.
Features: Known for its large central screen for vehicle controls, no Apple CarPlay or Android Auto, but potentially eligible for a federal tax credit reducing the effective price.
Note:
Prices mentioned are starting MSRPs and can vary based on additional options and configurations.
The Rivian R1T and Tesla Model Y are notably different in terms of vehicle class, size, and target market, with the R1T being a more rugged, adventure-oriented pickup and the Model Y a compact SUV aimed at broader market appeal.
For the most current information, especially given the dynamic nature of pricing and model updates in the EV market, checking directly with the manufacturers or their official websites would be advisable.
what is the cheapest electric car and the cheapest hybrid car sold in the united states for 2025?
The cheapest electric car sold in the United States for 2025 is the 2025 Nissan Leaf, starting at a base price of $28,140. It offers a compact hatchback design with an EPA-estimated range of 149 miles on a single charge.
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The 2025 Nissan LEAF highlights several key features, range specifics, and incentives including:
Features:
Instant Acceleration: The LEAF provides an exhilarating driving experience with its electric motor's instant torque.
Nimble Handling: Thanks to its low center of gravity due to the floor-mounted battery pack, the LEAF offers agile handling.
NissanConnect®: The vehicle comes with an intuitive 8-inch touch-screen display with advanced features like Apple CarPlay and Android Auto integration.
Safety Features: Standard Nissan Safety Shield® 360 includes Automatic Emergency Braking with Pedestrian Detection, Blind Spot Warning, and Lane Departure Warning. The SV Plus trim adds ProPILOT Assist for semi-autonomous driving.
Interior Comfort: Options like Automatic Temperature Control, heated front seats, and a heated steering wheel enhance comfort.
Range:
LEAF S: Equipped with a 40-kWh battery, offering an EPA-estimated range of up to 149 miles.
LEAF SV PLUS: Features a 60-kWh battery for an EPA-estimated range of up to 212 miles.
Charging:
The LEAF supports CHAdeMO charging, with a 6.6 kW onboard charger for Level 2 charging. At a DC fast-charger, the S trim can reach 80% charge in about 40 minutes, while the SV Plus takes around 60 minutes. Home charging with a 240-V outlet fully charges the battery in 7.5 hours for the S and 11 hours for the SV Plus.
Incentives and Tax Breaks:
Federal EV Tax Credit: Unfortunately, the 2025 Nissan LEAF does not qualify for the federal EV tax credit under the current regulations. However, if any 2024 models remain in stock and were manufactured in 2024, buyers might still be eligible for up to $3,750 in tax credits if purchased and delivered before January 1, 2025.
State Incentives: Depending on your state, additional incentives might be available. For example, Colorado offers up to $6,600 in tax credits for electric vehicles like the LEAF. However, these vary by state and should be confirmed with local regulations.
Please note, the information provided here is based on the current data available, and specifics like incentives can change. It's advisable to check with local Nissan dealers or state government websites for the most up-to-date information on incentives and tax breaks.
The cheapest hybrid car for 2025 in the U.S. is the 2025 Toyota Corolla Hybrid, with a base price of $23,625. This model provides excellent fuel economy, with EPA ratings of 50 MPG city and 47 MPG highway, making it a highly affordable and efficient option in the hybrid segment.
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Here are the key facts, features, highlights, range, rebates, and tax incentives for the 2025 Toyota Corolla Hybrid:
Facts and Features:
Starting Price: The 2025 Toyota Corolla Hybrid starts at $23,625 for the base LE trim. Higher trims include the SE ($26,065) and XLE ($27,990).
Engine: It features a 1.8-liter Atkinson-cycle 4-cylinder engine paired with two electric motors, producing a combined 138 horsepower.
Transmission: Equipped with an electronic continuously variable automatic transmission (eCVT).
Drive Type: Standard front-wheel drive with an option for all-wheel drive (AWD) on the LE and SE trims for $1,400.
Fuel Economy: Estimates indicate up to 50/43 mpg city/highway for the front-wheel drive model, with AWD versions slightly less efficient.
Highlights:
Design: The Corolla Hybrid has a driver-focused interior with soft-touch controls and premium materials, alongside a sleek exterior design.
Infotainment: Comes with an 8-inch touchscreen for the LE, with options for a larger 10.5-inch on higher trims, supporting both Apple CarPlay and Android Auto.
Safety: Includes Toyota Safety Sense 3.0 with features like emergency braking, adaptive cruise control, and lane-keeping assist across all trims.
Performance: While not sporty, it offers a comfortable ride with adequate handling for everyday driving. The hybrid system provides a boost at lower speeds.
Range:
Fuel Efficiency: With an EPA estimate of up to 50 mpg combined for the front-wheel drive model, the Corolla Hybrid offers significant range on a single tank, though exact range can vary based on driving conditions and habits.
Rebates and Tax Incentives:
Rebates: Toyota offers various rebates, including a $500 rebate for college graduates and military personnel. Check Toyota's official site for the most current offers.
Tax Incentives: As of the last update, plug-in hybrids, not standard hybrids like the Corolla, might qualify for federal tax credits. However, changes in legislation can affect eligibility. It's advisable to check with the IRS or Toyota's incentive finder for the latest information. Leasing might offer a workaround to gain tax benefits.
Additional Considerations:
Warranty: The 2025 Corolla Hybrid comes with a 3-year/36,000-mile basic warranty and a 5-year/60,000-mile powertrain warranty, with hybrid components covered for 8 years or 100,000 miles.
Lease Offers: There are lease options available, with one example being $199 per month for 39 months for the LE trim with certain conditions.
Keep in mind that offers like rebates and lease deals can change, so it's best to check directly with Toyota or a local dealer for the most current information.
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Friday, January 24, 2025
The top 5 Chinese electric cars for 2025
Here are the top 5 Chinese electric cars anticipated for 2025, based on recent insights and market trends:
Xiaomi YU7 - This model is expected to follow up on the success of Xiaomi's SU7, featuring a smart ecosystem integration for connectivity, a range of over 600 kilometers, and an AI-powered autonomous driving system. Xiaomi's reputation for quality and competitive pricing makes the YU7 a strong contender in the EV market.
BYD Seal - BYD is known for its innovative approach to electric vehicles, and the Seal has been highlighted as a compelling alternative to the Tesla Model 3. It offers sleek styling, comfort, and a range exceeding 300 miles, making it a notable choice for those seeking luxury and performance in an electric sedan.
Nio ET9 - As Nio's flagship model expected to enter production in 2025, the ET9 combines luxury with advanced technology, including battery swap capabilities. Nio's commitment to expanding its battery swap network supports the convenience and efficiency of this premium EV.
Xpeng G7 - Xpeng Motors is making waves with this compact SUV, which is set to impress with its smart features and competitive range. It's designed for both urban and longer trips, emphasizing Xpeng's focus on integrating advanced tech for a better driving experience.
Zeekr 007 Touring - Although its exact name might not be confirmed, this model from Zeekr, part of the Geely group, is expected to be a wagon or shooting brake based on the popular Zeekr 007 sedan. It aims to offer a blend of performance and utility, with options for both rear-wheel-drive and all-wheel-drive powertrains.
These electric vehicles reflect the advancements in Chinese automotive technology, focusing on range, technology, and design to compete on a global scale.
Thursday, January 23, 2025
What are the top 5 electric cars in 2025'
Based on the latest reviews and rankings from various sources, here are the top 5 electric cars for 2025:
2025 Hyundai Ioniq 6 - Renowned for its exceptional driving range, engaging driving dynamics, and a host of features, though it does have less cargo space than some rivals. It's considered a top pick in the electric sedan category.
2025 hyundai ioniq 6
The 2025 Hyundai Ioniq 6 is an exciting electric sedan that continues to impress with its sleek design and advanced technology. Here are some highlights:
Range: Depending on the configuration, it offers up to 342 miles on a full charge.
Charging: Equipped with an 800-volt charging system, it can charge from 10% to 80% in just 18 minutes at a 350-kW fast charger.
Interior: Despite its sporty exterior, the Ioniq 6 has a roomy interior with a minimalist design and quality materials.
Aerodynamics: Hyundai's focus on aerodynamics not only contributes to its impressive range but also keeps the cabin quiet.
Wireless Charging: Thoughtful placement of the Qi wireless charging pad ensures your phone stays in place and charges throughout your trip.
2025 Lucid Air - This luxury sedan is praised for its outstanding range, performance, and high-quality interior. It's one of the best luxury electric cars you can buy, with models offering exceptional power and efficiency.
2025 Tesla Model 3 - Continuously updated, the Model 3 remains a strong contender with its blend of performance, range, and value, making it a popular choice among electric vehicle buyers. It's noted for its real-world range and comprehensive tech features.
2025 Kia EV6 - The EV6 stands out with its bold design, long range, and sporty handling. It offers both single and dual-motor configurations, providing flexibility for different driving preferences. Its combination of value and performance is particularly appreciated.
2025 Hyundai Ioniq 5 - Similar to the Ioniq 6, the Ioniq 5 is celebrated for its range, comfort, and well-rounded performance. It's a leader among electric SUVs, noted for its modern styling and advanced technology.
Wednesday, January 22, 2025
Why is Rivian stock losing it's shine in 2025?
Rivian's stock drop in 2025 can be attributed to several key factors based on the available information:
Production and Supply Chain Challenges: Rivian has faced significant hurdles in scaling up its production. Supply chain issues and production delays have been more severe than anticipated, impacting their ability to meet delivery targets. This includes a shortfall in component supply, which led to a reduction in their full-year production guidance in 2024, and these issues seem to have persisted into 2025.
High Cash Burn and Financial Concerns: Rivian has been burning through cash at an aggressive rate. With significant cash burn projected through 2025, and the company not yet achieving profitability, there's investor concern about the company's financial health and its path to becoming profitable. Posts on X also highlight the rapid depletion of Rivian's cash reserves, suggesting a potential risk of running out of money in the near future.
Competitive Market and Demand Uncertainty: The electric vehicle (EV) market has become increasingly competitive with both established automakers and new entrants vying for market share. Rivian's high vehicle prices compared to competitors, alongside a general market slowdown in EV demand, have contributed to investor skepticism about Rivian's growth prospects. Analyst reports and posts on X reflect doubts about Rivian's ability to capture significant market share or achieve the volume needed for profitability.
Macroeconomic Factors and Policy Changes: The change in administration in the U.S., with Donald Trump as the 47th President, has introduced uncertainty regarding EV incentives and policies. The potential elimination of EV tax credits and other incentives has been highlighted as a significant risk factor for Rivian's market performance and stock valuation.
Strategic Decisions and Market Perception: Decisions like backing out of building a new plant in Georgia due to unmet sales goals have been perceived negatively by some investors, signaling potential operational and strategic challenges. This, combined with the negative gross profit margins on vehicles sold, further dampens investor confidence.
These factors collectively contribute to the decline in Rivian's stock price in 2025, reflecting both internal company challenges and broader market dynamics.
So, what about solar powered cars in the future?
The future of solar-powered cars looks promising yet challenging, with several innovations and hurdles currently shaping the landscape:
Current Developments and Innovations:
Aptera Motors has been at the forefront, introducing vehicles that can travel up to 40 miles per day on solar power alone, thanks to integrated solar panels. Their design focuses on efficiency, with a carbon fiber body and aerodynamic shapes to minimize energy consumption. They aim for vehicles that require no charging for most daily use, potentially revolutionizing short-distance commuting.
Lightyear, a Dutch company, has developed cars like Lightyear 0 with solar panels that enhance the vehicle's range by around 40 miles daily. Their vehicles are designed to be both efficient and visually appealing, blending traditional car aesthetics with solar technology.
Sono Motors from Germany is working on the Sion, which integrates solar cells into the car's body, aiming to provide an additional 30 kilometers of range per day. This approach showcases how solar technology can be part of a vehicle's structure, not just an add-on.
Fisker's Ocean model includes a significant solar roof panel called SolarSky, which can add up to 2,000 miles of range per year, highlighting the potential for solar technology in larger vehicles like SUVs.
Challenges and Considerations:
Efficiency and Surface Area: Solar cars face issues with the amount of energy they can generate due to limited surface area for solar panels and the efficiency of these panels, currently around 22%. This means that while solar cars can contribute significantly to daily commutes, they are not yet fully autonomous from traditional charging for long distances.
Cost and Accessibility: The initial cost of solar cars remains high, which could limit accessibility. However, as solar panel technology advances and becomes cheaper, there's potential for broader market penetration.
Weather and Geographical Limitations: Solar power's effectiveness varies with weather conditions and geographical location, potentially reducing its utility in regions with less sunlight. This has led to discussions on using solar panels more as a supplementary power source rather than the primary one.
Integration with Existing Infrastructure: The integration of solar power with electric vehicles (EVs) could reduce reliance on charging infrastructure, but it also requires advancements in battery technology and energy storage to be truly effective.
Future Outlook:
The concept of solar-powered cars is seen as a step towards energy independence and sustainability, with companies like Aptera and Lightyear focusing on making solar a primary power source for vehicles. The vision is for cars to become less dependent on grid electricity, potentially allowing for self-sustaining daily drives in optimal conditions.
However, posts on X and various analyses suggest skepticism about the full practicality of solar cars replacing conventional EVs due to these technological and environmental constraints. The consensus seems to lean towards solar power being an auxiliary rather than the sole power source for cars.
In conclusion, while solar-powered cars hold significant potential in reducing the environmental impact of transportation, their widespread adoption depends heavily on overcoming current technological barriers, reducing costs, and adapting to the diverse global climates and usage patterns.
What is the future of hydrogen powered cars?
The future of hydrogen-powered cars presents a complex landscape with both potential advantages and significant challenges. Here's a detailed look based on current insights and trends:
Advantages:
Refueling Speed: Hydrogen fuel cell vehicles (FCEVs) can be refueled in about the same time as traditional gasoline vehicles, offering a convenience factor that is often seen as superior to battery electric vehicles (BEVs) which require longer charging times.
Range: Hydrogen vehicles can offer longer driving ranges on a single tank, with some models promising over 300 miles, which can alleviate range anxiety.
Environmental Impact: When hydrogen is produced from renewable sources, FCEVs emit only water vapor, making them zero-emission vehicles at the point of use. This can contribute significantly to reducing greenhouse gas emissions.
Infrastructure Potential: There's ongoing investment in hydrogen infrastructure, particularly in regions like California, where there is a notable push towards hydrogen refueling stations.
Challenges:
Infrastructure: The current lack of widespread hydrogen refueling infrastructure remains a major barrier. Although there's growth, it's not comparable to the electric charging network, creating a chicken-and-egg problem where demand for vehicles is stifled by the lack of stations and vice versa.
Production and Cost: Most hydrogen today is not produced in an environmentally friendly manner, often derived from natural gas which involves significant CO2 emissions. The cost of hydrogen production, especially green hydrogen (produced via electrolysis using renewable energy), remains high, affecting the overall economics of hydrogen vehicles.
Efficiency: The energy efficiency of hydrogen vehicles is lower compared to BEVs when considering the entire energy conversion process from production to vehicle propulsion. This inefficiency has been a point of criticism, with some experts arguing that electricity should be used directly rather than converted to hydrogen.
Market Penetration: Despite interest from some manufacturers like Toyota and Hyundai in hydrogen technology, sales numbers remain low, and most automakers are focusing on battery electric vehicles. This focus is driven by the established infrastructure for electricity and the rapid decline in battery costs.
Current Trends and Future Outlook:
Investment and Research: There's continued investment in hydrogen technology, especially for heavy vehicles like trucks and buses where hydrogen's benefits in terms of range and refueling speed are more pronounced.
Technological Advancements: Innovations in fuel cell technology and hydrogen production methods are ongoing, with some optimism that costs could decrease and efficiency could improve, potentially making hydrogen cars more viable.
Geopolitical and Economic Factors: Some regions or countries with high electricity costs or access to abundant renewable energy might see hydrogen cars as a more practical option, particularly where battery production materials are scarce or expensive.
Market Sentiment: Posts on X suggest a mixed view, with some enthusiasts believing in hydrogen's potential while others see it as less practical for passenger cars compared to BEVs. However, there's acknowledgment of hydrogen's role in larger vehicles and industrial applications.
In summary, while hydrogen cars hold significant promise for certain applications, particularly in commercial transport, the path to becoming mainstream for passenger vehicles is fraught with challenges. The future likely involves a diversified approach where hydrogen plays a role alongside battery electric vehicles, depending on technological advancements, economic factors, and regional infrastructure development.
Friday, January 17, 2025
Rivian or Tesla, who is better?
When considering Rivian versus Tesla, here are some key points to compare:
Brand and Market Position:
Tesla is a well-established name in the electric vehicle (EV) market, known for pioneering electric cars with a strong brand identity focused on technology, performance, and sustainability. Their vehicles, like the Model S, Model 3, Model Y, and Model X, have a wide market presence.
Rivian is newer to the market, focusing on adventure and outdoor enthusiasts with vehicles like the R1T (pickup) and R1S (SUV). Rivian aims to carve out a niche for those interested in off-road capabilities and a different aesthetic from Tesla's.
Vehicle Offerings:
Tesla offers a broader range of models, including sedans, crossovers, and now with the Cybertruck, a unique pickup. Their vehicles are known for their sleek designs, performance, and advanced software features.
Rivian currently has two models, the R1T electric pickup truck and the R1S electric SUV, both designed for rugged use and outdoor adventures. They are expanding with the R2 and R3, which aim to reach a broader market with more affordable options.
Technology and Innovation:
Tesla is ahead in terms of software, particularly with their Autopilot and Full Self-Driving (FSD) systems, which have been in development for years. Their vehicles benefit from frequent over-the-air updates enhancing functionality and performance.
Rivian has impressive tech in its vehicles, like the Gear Tunnel for storage in the R1T, but they are playing catch-up with autonomous driving features compared to Tesla's maturity in this area.
Range and Performance:
Both companies offer competitive range for their vehicles, but specifics can vary by model and battery pack. Tesla's vehicles have a reputation for efficiency, with some models like the Model 3 and Model Y providing excellent range for their class.
Rivian's vehicles are noted for their performance, especially in terms of towing capacity and off-road capabilities, which might appeal more to those looking for an adventure vehicle.
Charging Infrastructure:
Tesla has a significant advantage with its Supercharger network, providing widespread, reliable fast-charging options globally.
Rivian is building its own charging network, Rivian Adventure Network, but it's not as extensive as Tesla's. Rivian vehicles can now use Tesla's Superchargers with an adapter, but this is still less convenient than native access.
Environmental and Ethical Considerations:
Both companies are committed to sustainability, but they approach it differently. Tesla's broader impact on the EV market has arguably pushed the industry towards electrification more aggressively. Rivian's focus includes sustainable manufacturing practices and a strong emphasis on outdoor preservation.
Price and Value:
Tesla's vehicles vary widely in price, with options for every budget from the base Model 3 to the high-end Model S Plaid. Tesla also has a robust second-hand market, which can make their vehicles more accessible.
Rivian's vehicles start at a higher price point, but they offer unique features that might justify the cost for some buyers, like the R1T's design for outdoor enthusiasts.
Final Thoughts:
If you prioritize technology, a wide range of models, and a robust charging network, Tesla might be the better choice.
If you're looking for specialized vehicles with a focus on outdoor adventures, durability, and a unique aesthetic, Rivian could be more appealing.
Ultimately, the choice between Rivian and Tesla depends on what you value most in an electric vehicle - whether it's the brand, specific vehicle features, or the ecosystem of services around the car.
Thursday, January 16, 2025
RIVIAN STOCK, what will it be worth in 2030?
What will Rivian be worth in 2030?
According to 24/7 Wall St., Rivian's (RIVN) stock price could be $140 per share in 2030, which would be a 911.2% increase from its current price.
Explanation
24/7 Wall St. estimates that Rivian's stock price will be $140 per share in 2030.
This would be a 911.2% increase from its current stock price of $13.85.
Rivian plans to launch the R2 SUV in 2026, and the R3 and R3X SUVs in 2026 and 2027.
Rivian will also continue to fulfill Amazon's long-term order for 100,000 electric delivery vans through 2030.
Thursday, January 2, 2025
A Tesla Truck for $10,000?
The Tesla Cybertruck is eligible for a $10,000 fleet rebate in Canada for businesses and organizations. The rebate is available in British Columbia and is pending approval from Quebec Écocamionnage and the Federal iMHZEV rebates.
The very real challenge of a Tesla Pickup Truck
The Tesla Cybertruck is an all-electric pickup truck with a starting price of $79,990 for the all-wheel drive model. The high-performance Cyberbeast model starts at $99,990. Both models offer an $8,000 upgrade for supervised Full Self-Driving.
Here are some other ways to get the Cybertruck for less:
Referral credit: A $1,000 referral credit is available.
Military Program: A $1,000 credit is available through the Military Program.
Financing deal: Tesla has its first financing deal for the Cybertruck.
The Cybertruck can travel up to 325 miles on a single charge, and can recover up to 136 miles of range with just 15 minutes of Supercharging.
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Call it the Tesla Truck, the Tesla Pickup Truck, or the Tesla-150, but CEO Elon Musk has made it clear as revealed in the company’s Master Plan, Part Deux that the electric carmaker plans to make a pickup and heavy-duty truck. In fact, he couldn’t be clearer: he stated in the past that plans call for something to compete with the best-selling light-duty vehicle on American roads: the Ford F-150. This precludes the idea of a small or mid-sized Tesla truck and says that Musk seems to be clearly aiming for a full-sized offering.
Tesla-PickupA full-sized electric truck seems like a lark to most truck owners and enthusiasts. I live in the heart of truck country, Wyoming, where pickup trucks equal passenger cars in numbers on the road and range from half-ton F-150s, 1500s, and Silverados to heavy-duty and diesel-driven duals. Although many enjoy scoffing at the wannabe cowboys who buy a big, shiny pickup and drive it to the office and back every day – never seeing dirt or any load larger than an IKEA furniture set – the core truck buyer and, indeed, the majority of truck owners do not fit that stereotype.
In general, truck owners fall into three categories: weekend warriors, offroaders, and workhorses. The weekend warrior uses a truck to tow toys (boats, RVs, what have you) and occasionally haul household construction goods for home improvement. The offroader buys the TRD, Pro-4X, and similar packages and spends a lot of time getting mud, dirt, and tree branches stuck on the truck (this would be my personal category, for the record). Finally, the workhorses are those who buy a truck to work with, either as a commercial vehicle or as a personal working machine – these include farmers, ranchers, commercial haulers, tradesmen, and so forth.
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Wednesday, January 1, 2025
2025 Resla 3 for under $60k?
Overview
The Tesla Model 3 practically invented the electric compact sedan category and it remains a highly appealing choice for EV shoppers. The recent "Highland" updates to the Model 3 addressed some of our biggest gripes with the car: Suspension improvements that smooth out the ride are appreciated, as are the nicer interior materials. Those updates helped it along to a spot on our 10Best list this year. However, the infotainment system still lacks Apple CarPlay or Android Auto compatibility, and now even more physical controls have been jettisoned—the Model 3 has gone stalk-free, moving the turn-signal controls to the steering wheel and the gear selector to the display. It's as quick as ever, though; the Performance model delivers particularly brutal acceleration, and even the slowest version, the rear-drive Long Range model, manages a 4.6-second run to 60 mph. Real-world highway range falls short of the advertised numbers but still beats many other EVs. Rivals include the BMW i4, Hyundai Ioniq 6, and Polestar 2.
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Where This Vehicle Ranks
#1 in Best Electric Sedans and HatchbacksChevron Down Icon
Tesla Model 31
Tesla Model 3
STARTING AT: $44,130
Hyundai Ioniq 62
Hyundai Ioniq 6
STARTING AT: $38,945
Fiat 500e3
Fiat 500e
STARTING AT: $38,000
Nissan Leaf4
Nissan Leaf
STARTING AT: $29,280
Mini Cooper Electric5
Mini Cooper Electric
STARTING AT: $31,895
Toyota Mirai6
Toyota Mirai
STARTING AT: $52,000
What's New for 2025?
Tesla has dropped the Standard Range model, previously the least expensive Model 3, from the lineup.
Pricing and Which One to Buy
The price of the 2025 Tesla Model 3 starts at $44,130 and goes up to $56,630 depending on the trim and options.
Long Range RWD
$44,130
Long Range AWD
$49,130
Performance
$56,630
Rear-wheel drive and a single electric motor are standard, but a dual-motor all-wheel-drive setup is available. We'd recommend either the rear- or all-wheel-drive Long Range models, which offer an estimated 363 and 341 miles of driving per charge, respectively. All Model 3s come standard with heated and ventilated front seats, navigation, and Tesla's Autopilot driver-assist system.
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EV Motor, Power, and Performance
As with most EVs, the Model 3 gains speed swiftly, smoothly, and almost silently, with the electric motor providing a strong punch from a stop. And it's quick—extremely so in some trims. Like all Teslas (and most other EVs), the Model 3 carries its battery under the floor, resulting in a low center of gravity. This helps it change direction crisply and feel planted and stable in corners. The steering is accurate and well-weighted, with three different settings that adjust the level of effort. The ride is firm without being harsh, and the cabin is notably quieter than before in our testing. The new-for-2024 Performance trim ups the ante with a host of upgrades. This model is the only Model 3 that comes with a sport-tuned suspension with adaptive dampers. The Performance model's all-wheel-drive powertrain pumps out a combined 510 horsepower and Tesla has upgraded the brakes and installed a staggered set of wheels and tires.
0–60-MPH Times
When we tested the rear-wheel-drive Long Range model, it got to 60 mph in a swift 4.6 seconds. The all-wheel-drive dual-motor Long Range model will likely be quicker still. The 2024 Performance trim has more power than the pre-facelift version and got to 60 mph in 2.8 seconds in our testing.
2025 tesla model 3 long range rwd rearVIEW EXTERIOR PHOTOS
MICHAEL SIMARI|CAR AND DRIVER
MORE ON THE MODEL 3 SEDAN
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Latest Model 3 Is Way Quieter with Far More Range
Range, Charging, and Battery Life
Three distinct Model 3 trims are offered, each with a different estimated driving range. The rear-wheel-drive Long Range model has an estimated range of 363 miles, while the all-wheel-drive Long Range model offers 341 miles of driving range. (If you opt for the extra-cost 19-inch wheels, the estimated range numbers are lower.) The Model 3 Performance sacrifices some of the range for more power, but its estimated range is still pretty good at 296 miles per charge. In our real-world 75-mph highway range test, the rear-wheel-drive Model 3 Long Range achieved a result of 310 miles and the Model 3 Performance achieved 260 miles. The Model 3 offers several different options for charging: Tesla's network of fast-charging stations called Superchargers, adapters for DC public-charging stations, 240- and 120-volt outlets, and a home-charging station.
Fuel Economy and Real-World MPGe
The various versions of the Model 3 are rated between 113 MPGe and 138 MPGe by the EPA. Our RWD Long Range test vehicle managed 128 MPGe on our 75-mph highway fuel-economy test and the Performance model managed 91 MPGe. The Model 3 comes standard with aluminum wheels that are covered by plastic aerodynamic hubcaps. We wanted to know how much impact those hubcaps have on the car's driving range, so we tested with and without them and were surprised to find that they helped more than expected. For more information about the Model 3's fuel economy, visit the EPA's website.
Interior, Comfort, and Cargo
We're not exaggerating when we say that the Tesla Model 3 has an interior unlike any other (non-Tesla) car on the market today. It's shockingly simple inside, with nearly everything controlled by the monolithic touchscreen in the center of the dashboard. Buttons on the steering wheel control things like the exterior side-view mirrors, the position of the steering column, and even the turn signals—and we wish those controls were of the conventional design instead. The Tesla's low, flat floor makes for a spacious and airy feel inside. The front seats are supportive and comfortable, but the rear seats are positioned low and are cramped and uncomfortable; don't expect adults to be able to spend long periods of time in them. Folding the 60/40 split rear seats is simple and expands the trunk space considerably, providing enough room for 15 carry-on suitcases. There are also generously sized bins and cubbies throughout t
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