Posted on 10/12/2019 8:44:51 AM PDT by DUMBGRUNT
Inventor James Dyson shows electric cars are too easy to make. That’s why his US$2.5 billion project was doomed to fail
Dyson has now abandoned its £2 billion plan to branch out and take on the likes of Tesla and Volkswagen Whereas cars with a combustion engine need about 30,000 components, an electric vehicle needs just 11,000 parts, according to Goldman Sachs
Dozens of start-ups have entered the fray over the past few years, from Tesla and Lucid Motors in the US, to Byton and NIO in China. Since 2011, electric vehicle start-ups have raised US$18 billion in funding, and announced 43 models and the capacity to make 3.9 million vehicles a year, according to Bloomberg New Energy Finance. That’s a lot of competition.
Volkswagen alone has announced plans to invest US$52 billion in electrification as it targets production of at least 2 million electric vehicles a year by 2025. Its existing network of dealerships in 153 countries will make it considerably easier to sell those cars.
Others are struggling. Shares in NIO, a Shanghai-based firm backed by Tencent and Baidu, have fallen 86 per cent from a post-IPO peak last year as its losses have deepened. Faraday Future, a Chinese-backed, US-based rival, teetered on the brink of insolvency before clawing itself back from the edge.
Better to concentrate resources on his core competencies. A failure at a later date would have been much more painful, and potentially ruinous.
(Excerpt) Read more at scmp.com ...
Shares in NIO,..have fallen 86 per cent from a post-IPO peak last year
That’s MORE than my HOPES and DREAMS have FALLEN in the same time!!!
I have a chart and everything.
Inventor James Dyson...........
His vacuum cleaners suck.
And of course NONE of the components are made using ANY petro related items. All natural plastic, rubber, lubrican.......... Oh?! Well at least during the manufacturing process only solar and wind turbines are used to supply the energ-—————— Oh!? Well.......... Never mind.
On one side we have the environmental wackos trying to shut down any type of power generation coming from any source except solar, wind and water(only if it does not include building dams). Meanwhile on the other side, they want only EV autos. I guess with the libs in Cal looking the other way with all the urban outdoorsmen crapping in the street, they are getting insensitized for the horse patties coming as we revert back in time to the horse era.
With electric cars you don’t actually have to see where the energy is coming from, since the conversion to electricity takes place somewhere else. So you can call it “environmentally friendly” with the east that you can call a man a woman if that man, I mean woman, chooses.
I am 72 and it’s another MAGA day!
The same east, I mean. Damn grammar checker never works.
That's absolute nonsense. If it's so easy, why did it fail?
It failed because there are dozens of IC (internal combustion) powered vehicles that provide better transportation for their buyers. They get owners reliably to their desired destinations comfortably (they give heat, air conditioning, cushioning, and adequate space) and safely (they have adequate range, fuel sources, reliability, and crashworthiness), and price for their owners.
Dyson obviously couldn't compete. Let him make hair dryers, they're "easy to make".
And then there’s the $35 K to replace the battery.
Hammer. Nail. Head.
All this electric stuff and you can’t even buy a decent trigger actuator.
It takes more workers to put together the electronic systems for the Tesla, than it does to set up and install the engine and transmission systems for gasoline vehicles. There is no “carbon savings” from battery run vehicles.
“Inventor James Dyson...........
His vacuum cleaners suck.”
It his terminator technology was fantastic.
Low production cost makes it easy for new manufacturers to enter the market and destroy the value of your investment. Dyson’s approach of high quality and technical excellence also led to an impossibly large accumulation of sunk costs that could not be recovered.
Inventor James Dyson...........
His vacuum cleaners suck.
And he had some fun adverts!!
Killer technology
It failed because there are dozens of IC (internal combustion) powered vehicles that provide better transportation for their buyers.
Yes, true today, but not in the coming years.
The majority of todays automotive R&D is going to EVs.
The Yaris and its kin will be around for many years.
Mid-price will go EV.
Did you mean the same ease? Once again you said same east. 8>)
It takes more workers to put together the electronic systems for the Tesla, than it does to set up and install the engine and transmission systems for gasoline vehicles.
Not a surprise.
Tesla delivered 350,000 cars in 2018.
In 2018, the Ford F-Series pickup sold over ONE MILLION.
Toyota Corolla 900k +
CEO Elon Musk said that one of their biggest mistakes with their attempt at highly automating the production of the Model 3 was trying to automate tasks that humans are much better at than robots, like manipulating cables.
In order to facilitate the automation of manipulating cables, Tesla has been reducing the length of wiring harnesses in its vehicles.
Musk said that Model S has about 3 kilometers of wiring harnesses and Tesla brought it down to 1.5 kilometers in length for the Model 3.
But that’s just the beginning. Tesla is working on a whole new wiring architecture for future vehicle platforms and they aim to bring it down to just 100 meters starting with the Model Y.
https://electrek.co/2019/07/22/tesla-revolutionary-wiring-architecture-robots-model-y/
ROBOTS AIN’T CHEAP, AND THE IMPLEMENTATION COSTS EVEN MORE.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.