The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
TW seems to have cashed out. EVage has Toshiba batteries with 400 km range with no degradation until 1M km unlike Tesla which has 40% less after 3 years even with their claims of after 200K km. Pareta I thought should give 25% extra range but perhaps depending on the load. Then we have former Teslas. Hoping for the prototypes soon. BYD seems to have just sold £400,000 per bus to tfl, this thanks to sadik.
Flexible platform for different requirements from a passenger car to trucks.
https://www.instagram.com/simarpreeths/reel/C5pWt6XRtqD/
Even the founding engineers of Tesla didn't believe. They're not sales people that was why.
Inderveer Singh, EVage Founder & CEO, said: "We are thrilled to bring cutting-edge motor technology to India and create new, high-value engineering jobs. Together with DGI, EVage will produce world-class products aligned with PM Modi's vision of make in India, make for the world. We are particularly thrilled to see pioneering ex-Tesla leaders like Peter look at India as a place of opportunities for the EV sector."
People may have the ingenuity and an excellent product as EVage. Selling them is different. In fairness, even the big brands have fired out staff because of poor sales. It happens that DGI fills up what's lacking in them and the other way around too. Perfect match.
Scratch
It would largely depend on the prototypes we could be expecting anytime soon as a result of the China project. Or hoping also in an accelerated timescale as a result of Pierre's appointment products from EVage partnership.
Who would not want an electric car these times when it's the new thing around? As long as it doesn't have lithium batteries I'd feel safe with them. The Norway fundraise was oversubscribed, it could mean they might come for more from the old shares.
As Rivian is joining Apple in this EV race, I looked at Tesla boasting of 60 km added to their range in an upgrade. I thought Pareta plus EBT then Pierre. Who knows? These moves can only be indicative of mass production.
Lithium powered car fires during the summer is an upcoming concern. BYD is still on a mission to spread the use of more lithium batteries. Please not in UK buses.
"EV fires also create a variety of toxic chemicals both in the air and in the water run-off if firefighters use hoses to keep the flames in check.
"Our preferred approach is to let them burn themselves out," says Mr Maher.
Not all recovery companies will take damaged cars away, says Mr Maher, either because they are concerned about handling a burned EV or because they do not have the right recovery vehicles (the fire service recommends against towing EVs in case the turning of the wheels recharges the batteries ).
In one incident last year involving a Tesla, police and firefighters had to wait more than four hours for a specialist recovery vehicle to arrive.
Electric cars are also known to reignite "up to two or three weeks after the initial fire", says Mr Maher, meaning they have to be "quarantined" away from other vehicles even after the fire appears to have been put out.
It's those who originally thought of a brilliant idea that mostly wasn't credited for it and not to mention Tesla.
https://www.riftresearch.com/about/news/you-snooze-you-lose-the-inventors-that-didn-t-actually-invent-their-famous-finds/
The addition of someone with the accomplishments of Pierre only proves the company is ready to rock. Whoever invented the Pareta and the other powertrain that doesn't require magnets and the EBT that's more likely a hybrid battery many thanks but honestly one needs more than just the smarts to make it fly off to mass production and market. Teslas have been there but Martin and his crew only made it at the sidelines of mainstream OEM companies but unable to close a deal for scaling. Hoping for news about the prototypes any time soon in an accelerated timeframe.
Path investment gave them lots for the company. A collaboration with Ford around the last quarter of last year for more funding. Has money gone scanty for them after the former Teslas came?
Path Investments plc, now renamed DG Innovate plc, has, on Admission, completed the acquisition of Deregallera Holdings Ltd (formerly DG Innovate Limited) (“DGI”) for an initial consideration of £32.4 million satisfied by the issue to the DG Innovate Shareholders of 5,397,451,305.