Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Weather Man" data-source="post: 16567884" data-attributes="member: 137766"><p><span style="font-size: 22px"><strong>GM's electric push to set off sparks across the electric vehicle sector</strong></span></p><p>Jan. 28, 2021 1:34 PM ET<a href="https://seekingalpha.com/symbol/GM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGM" target="_blank">General Motors Company (GM)</a><a href="https://seekingalpha.com/author/sa-editor-clark-schultz?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name" target="_blank">By: Clark Schultz</a>, SA News Editor<a href="https://seekingalpha.com/news/3655717-gms-electric-push-to-set-off-sparks-across-the-electric-vehicle-sector#comments" target="_blank">3 Comments</a></p><ul> <li data-xf-list-type="ul">General Motors (<a href="https://seekingalpha.com/symbol/GM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">GM</a> +3.9%) is moving full speed ahead on its plan to bring 30 EV models to market by 2025 on its proprietary Ultium platform.</li> <li data-xf-list-type="ul">The development is called positive by Wedbush Securities for the electric vehicle market as a whole.</li> <li data-xf-list-type="ul">"With battery technology the linchpin, GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance which would exceed Tesla’s projected range for its Model 3," writes analyst Dan Ives.</li> <li data-xf-list-type="ul">"In our opinion this is a very bullish signal for the EV sector domestically and we believe is a shot across the bow at Tesla and other EV players that GM will be aggressively going after EVs and is not just talking the talk with this latest news. With the Biden Green Agenda on the horizon, we believe other automakers could follow GM's lead domestically with Tesla continuing to run away with market share in this EV arms race," he adds.</li> <li data-xf-list-type="ul">Tesla (<a href="https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">TSLA</a> -2.8%) has always said it welcomes company in the EV world.</li> </ul><p></p><p><span style="font-size: 22px"><strong>Lordstown Motors on track for Endurance production; announces business updates</strong></span></p><p>Jan. 28, 2021 1:29 PM ET<a href="https://seekingalpha.com/symbol/RIDE?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3ARIDE" target="_blank">Lordstown Motors Corp. (RIDE)</a><a href="https://seekingalpha.com/user/51750376/profile?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name" target="_blank">By: Khyathi Dalal</a>, SA News Editor<a href="https://seekingalpha.com/news/3655712-lordstown-motors-on-track-for-endurance-production-announces-business-updates#comments" target="_blank">2 Comments</a></p><ul> <li data-xf-list-type="ul">As the company remains on track to begin production of the Lordstown Endurance, Lordstown Motors (<a href="https://seekingalpha.com/symbol/RIDE?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">RIDE</a> -4.4%) <a href="https://seekingalpha.com/pr/18168851-lordstown-motors-releases-business-updates-prepares-ohio-factory-to-begin-building-betas-next?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">announced</a> another round of commercial, operational and strategic development updates.</li> <li data-xf-list-type="ul">Lordstown Endurance is anticipated to be the world's first mass produced full-size all-electric pickup truck in 2021.</li> <li data-xf-list-type="ul">"With this step on the horizon, we remain on track to meet our September start-of-production timeline while continuing to see indicators of strong demand for an all-wheel drive, full-size electric pickup truck with 250 miles of range from commercial, government and military fleets," CEO Steve Burns commented.</li> <li data-xf-list-type="ul">Among few notable developments:</li> </ul> <ol> <li data-xf-list-type="ol">Lordstown Motors initiated the metal stamping and welding for the first 57 Endurance Beta prototypes of the Endurance; expects to complete the first Beta vehicles on schedule in March.</li> <li data-xf-list-type="ol">Recently, signed a multi-year supplier agreement with LG Energy Solution broadening Lordstown Motors' high-quality, diverse battery cell supply chain that will power the Endurance in upcoming years.</li> <li data-xf-list-type="ol">Besides company-owned service centers, Lordstown is continuing its review of plans to utilize Camping World's (NYSE:<a href="https://seekingalpha.com/symbol/CWH?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link" target="_blank">CWH</a>) extensive footprint and service expertise.</li> <li data-xf-list-type="ol">Lordstown Motors Electric Van is in development with plans to be unveiled in June and production starting in 2H22.</li> </ol></blockquote><p></p>
[QUOTE="Weather Man, post: 16567884, member: 137766"] [size=6][b]GM's electric push to set off sparks across the electric vehicle sector[/b][/size] Jan. 28, 2021 1:34 PM ET[URL='https://seekingalpha.com/symbol/GM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3AGM']General Motors Company (GM)[/URL][URL='https://seekingalpha.com/author/sa-editor-clark-schultz?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name']By: Clark Schultz[/URL], SA News Editor[URL='https://seekingalpha.com/news/3655717-gms-electric-push-to-set-off-sparks-across-the-electric-vehicle-sector#comments']3 Comments[/URL] [LIST] [*]General Motors ([URL='https://seekingalpha.com/symbol/GM?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']GM[/URL] +3.9%) is moving full speed ahead on its plan to bring 30 EV models to market by 2025 on its proprietary Ultium platform. [*]The development is called positive by Wedbush Securities for the electric vehicle market as a whole. [*]"With battery technology the linchpin, GM says its battery technology will allow electric cars to travel 400 miles on a single charge without compromising driving performance which would exceed Tesla’s projected range for its Model 3," writes analyst Dan Ives. [*]"In our opinion this is a very bullish signal for the EV sector domestically and we believe is a shot across the bow at Tesla and other EV players that GM will be aggressively going after EVs and is not just talking the talk with this latest news. With the Biden Green Agenda on the horizon, we believe other automakers could follow GM's lead domestically with Tesla continuing to run away with market share in this EV arms race," he adds. [*]Tesla ([URL='https://seekingalpha.com/symbol/TSLA?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']TSLA[/URL] -2.8%) has always said it welcomes company in the EV world. [/LIST] [size=6][b]Lordstown Motors on track for Endurance production; announces business updates[/b][/size] Jan. 28, 2021 1:29 PM ET[URL='https://seekingalpha.com/symbol/RIDE?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Csymbol%3ARIDE']Lordstown Motors Corp. (RIDE)[/URL][URL='https://seekingalpha.com/user/51750376/profile?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cbutton%3Aauthor_name']By: Khyathi Dalal[/URL], SA News Editor[URL='https://seekingalpha.com/news/3655712-lordstown-motors-on-track-for-endurance-production-announces-business-updates#comments']2 Comments[/URL] [LIST] [*]As the company remains on track to begin production of the Lordstown Endurance, Lordstown Motors ([URL='https://seekingalpha.com/symbol/RIDE?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']RIDE[/URL] -4.4%) [URL='https://seekingalpha.com/pr/18168851-lordstown-motors-releases-business-updates-prepares-ohio-factory-to-begin-building-betas-next?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']announced[/URL] another round of commercial, operational and strategic development updates. [*]Lordstown Endurance is anticipated to be the world's first mass produced full-size all-electric pickup truck in 2021. [*]"With this step on the horizon, we remain on track to meet our September start-of-production timeline while continuing to see indicators of strong demand for an all-wheel drive, full-size electric pickup truck with 250 miles of range from commercial, government and military fleets," CEO Steve Burns commented. [*]Among few notable developments: [/LIST] [LIST=1] [*]Lordstown Motors initiated the metal stamping and welding for the first 57 Endurance Beta prototypes of the Endurance; expects to complete the first Beta vehicles on schedule in March. [*]Recently, signed a multi-year supplier agreement with LG Energy Solution broadening Lordstown Motors' high-quality, diverse battery cell supply chain that will power the Endurance in upcoming years. [*]Besides company-owned service centers, Lordstown is continuing its review of plans to utilize Camping World's (NYSE:[URL='https://seekingalpha.com/symbol/CWH?source=content_type%3Areact%7Cfirst_level_url%3Anews%7Csection%3Amain_content%7Cbutton%3Abody_link']CWH[/URL]) extensive footprint and service expertise. [*]Lordstown Motors Electric Van is in development with plans to be unveiled in June and production starting in 2H22. [/LIST] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Interesting Car/Truck Manufacturer News
Top