Just got the email from Rivian. They caved after the backlash and all preexisting orders will honor the previous pricing. They will also allow people who cancelled to get back in line if they want.
What a cluster fuck. I have a reservation for the F150, but was thinking if a year from now I don’t have an order for one then I might switch over to the R1S, but the price increase kinda killed that idea I think.
The odds of these startups succeeding seems incredibly low. All the legacy companies are bringing the full power of their experience and existing facilities to the EV game. No new start up is going to be able to compete with these guys anymore.
I get why they changed it but to do it a day later makes it seem like they have no idea what they’re doing
I am keeping the reservation and mine isn’t due for a few months so I can watch what is happening. This has been a shit show and def makes me worry. Tesla is a shit show too and people seem happy with their vehicles.
Ordering a new EV from anybody is a shitshow right now. Reserved a VW ID.4 in September and still probably won't see it until at least July
Can’t believe these type partnerships haven’t already happened. Let the car guys do the car part and the tech guys do the tech part.
It's amazing how much all these legacy manufactures mis-read the demand for EVs in the US. It's not like the sole large scale manufacture, Tesla, had massive backlogs.
Got the email that MY22 F150 orders are done. MY23 orders sometime in the summer. Assuming pricing can hold to around what it was for ‘22 then I feel pretty confident I’ll make this my next vehicle next year.
It’s unsurprising really, those prices were from 2018 to what they expected 2022 to look like…. Except prices for materials are through the roof. I’d expect Tesla to change their cybertruck pricing too if they ever deliver it, (and well their entire line up if prices for battery materials keep looking like below, which seems likely at this point.) As a pr move though that’s a rough pill, they have 18 billion in cash on hand probably would have been smarter to honor the first 20,000 pre orders or something and that 12k loss per car is roughly .24B something they could swallow.
Yeah I got an email that says “sorry it’s been so long but we promise you’ll be able to order sometime maybe”.
I’m really not that upset about it. I’ll be more comfortable with a new car in a year. I was hoping for 2 years without payments till I got one. So this could work out well.
i think Tesla raised prices on the Y, X and S about 10-15k last year. I would expect increases this year too.
Prediction: this country is going to go crazy over gas prices this spring and early summer. A lot of people are going to try and rush to buy EV's. Couple that with the already crazy high market for all new & used vehicles and if you have an EV you've been thinking about selling wait just a couple months and you will make a tidy profit. Of course if you need to replace that vehicle you'll lose the profit when you buy that since it'll also be marked up.
If gas prices continue to go up like this there will be a recession, which will ultimately kill demand. Which will also kill inflation. At this point I’m having a hard time not seeing that happen, but yea for a while there EV’s will be in demand in the US. In Europe it won’t matter what you drive your electricity bills will be fucked just as much as gas prices.
Lot of folks think the gas price run up is more hype than substance. As in it may not run much further if at all.
I don’t know depends on a lot of factors going forward, do we actually sanction Russian oil/gas? Do we complete a deal with Iran and bring them back into the fold? I also saw senior officials were traveling to Venezuela today. But all those things would take time We were in a tight oil market before all this and now we are not touching the 3rd largest producers commodities, I don’t think $150+ is off the table.
I also wouldn’t be surprised to see China capitalize on all the recent joint ventures western companies have exited in the Russia O&G space and tap into commodity reserves at a discount. Which is a savy thing China would do and changes the whole supply and demand picture.
I mean at this current juncture the main focus is if this conflict continues and I don't see it ceasing. Now could that change overnight? Absolutely, but even if they come to a ceasefire I don't know what that ultimately means for Russian O&G.
The other day I was at a light and there was a guy, kind of tall gangly looking ginger in the turn lane to my left and about half a car-length up. I kind of saw him looking and rolled down my window when I realized he was yelling to me “What’s it sound like?!?” Just as the light went green. I said “nothin’ “ and took off and that kid had to pick his freckled jaw up off the floor of his green mini-cooper. He was 100% expecting a V8 to roar to life.
Widespread ev adoption cannot occur with the current power grid and generation capacity. There isn’t enough. Couple that with anticipated shut downs of old generation in the next decade and a general unwillingness for generation companies to build/upgrade fossil fuel generation due to fears of future legislation. On the distribution side upgrades to the system to accommodate increasing demand is slow and exceptionally expensive right now. We are seeing lead time for some equipment such and meters and transformers being almost a year. Also being told lead times on bucket trucks are about 2 years.
Distributed generation throughout most of the country is a pipe dream. Central station power will always be necessary.