The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
No S2030 it wasn't. π
Ironic, attributing a statement to someone as fact by making something up. π Pure conjecture and noise anyway.
Lets see what the update brings. If it doesn't fit in with your investment plan, change your plan, its your choice, nobody elses.
Terrym,
You may well have a point.π
Honda are developing their own architecture EV slated for SOP 2025 as in this article...
https://arstechnica.com/cars/2023/04/remember-the-ev-honda-is-building-with-gm-it-goes-on-sale-in-2024/
Great intel Terrymπ
Yes VW is the Magna mirror and the initial contract value is starting to look very light as based on minimum volumes and models.
The Magna funding deal was a masterstroke by SEE and KPIs will increase dramatically.
Yeah, people get a bit uptight about the current PR output.
We know SEE have recruited heavily over the past 18 months both in Aus and elsewhere.
Yet they are still actively looking for staff.
Must be loads of working in or coming...
Should be over 1m cars on the road at the next KPI reveal.
How quickly the second million appears should be an interesting debate.
With Fisker, BMW, Ford, GM, Merc and Chrysler continuing and then VW and others coming along, the next million may appear quicker than people think.
Just read that Stellantis are releasing 23 BEV's in 2024.
If you ignore what FORD, BMW, GM, FISKER, MERC are to release this year and into next with SEE tech. (which is a big ignoreπ)
Here's a list of 4 of the last 5 RNS's which all point to SOP 2024. (Honda was suggested SOP 2025)
2024 NEW MODELS
RNS 16 Dec 2021 β VW SOP early 2024 NEW
RNS 6 June 2022 β Believed to be Renault - SOP early 2024 (Qualcomm 3rd Gen) NEW
RNS 16 June 2022 β Believed to be Stellantis SOP mid 2024 ( L2-L3) Existing
RNS 22 Dec 2022 β Believed to be Stellantis DMS/OMS SOP 2024 Existing
I also remember Paul saying they had knocked off a number of the very large feature list for the large win (we take as VW).
And we have the ability to re-use. So perhaps 1 is sightly on the low side.
However it works out, KPI vols are important as each one is ridiculously high margin.
Next kpi should have cars on the road smashing through 1m barrier. Next million should be quick. Be interesting to see what the numbers are at fin year end June 2024.
Next couple of quarters should point the way and then VW kicks in early 2024.
Bax, all opinions are valid, but look at ISB's last half dozen wordy posts. All the same, nothing new, just constant moaning and repeating things he/she knows are wrong.
What is the point?
If you say you'll shoot 70 and it doesn't happen , its what you believed at the time on the information you had/assumed/believed.