Jump to content

Electric Vehicles


Recommended Posts

and will this come to pass?

Nicola founder Trevor Milton, just 39, is a Mormon from Utah. Which means there's a decent chance Bronte Capital and John Hempton has held, or holds, a short position in Nikola.


Hempton has publicly spoken about having thousands of scumbags in our database, which is a key input in the construction of the Bronte Capital short book of around 240 companies. And Hempton told the Jolly Swagman podcast in May last year that some groups are over represented in his database of scumbags, the most unlikely of which is Mormons.


Mormons are 2 per cent of the US population but almost 6 per cent of Fortune 500 CEOs, and almost all of those Fortune 500 CEOs came up through a sales function, Hempton said. Mormons are pound-for-pound the best salespeople in the world. The reason is obvious: if you are 19 and you go missionary, you are selling religion – and a pretty weird one – door-to-door. If you can sell religion door-to-door, you can sell anything. It's the best training for a sales job anywhere.


Hempton added that probably 10 per cent of American dodgy frauds have a Mormon connection.



Link to comment
Share on other sites

  • Replies 69
  • Created
  • Last Reply

Top Posters In This Topic

and this company is listed on the ASX .... Carbon Revolution (CBR)


[The company] is eyeing rising demand from the electric vehicle market, with six former Tesla workers beavering away at its Geelong plant as it pushes to expand into a sector which is accelerating in the pandemic. Carbon Revolution chief executive Jake Dingle said electric car companies were pushing hard to find ways of lowering the weight of vehicles and reducing in-car road noise for drivers and lightweight wheels are a part of the solution. The EV makers are looking for range extension and better aerodynamics are important as well. It is ticking every box, Mr Dingle said.


The whisper quiet engines of electric vehicles meant electric vehicle manufacturers were seeking out ways of reducing the amount of noise from all aspects of the vehicle. Carbon Revolution is working on a range of dampeners to further lessen noise from wheels.


Carbon Revolution industrialisation director, Luke Preston, established and then built up the general assembly manufacturing team overseeing the Tesla Model 3 production in California. He started as an engineer at Ford Australia and Holden Special Vehicles before heading to the United States....


Carbon Revolution chairman James Douglas said it was difficult for any company to navigate through the pandemic because of the sheer uncertainty, but raising capital early in the pandemic had set the company on a steadier course.


Carbon Revolution supplies wheels that are about 40 per cent lighter than conventional wheels to carmakers including Ford, Ferrar and Renault.


Mr Dingle said customers overseas were returning to more normal production schedules and although the pandemic had caused disruptions in the early months in Europe, momentum was starting to build again.


It is coming back to normal. Everyone sees this as temporary, Mr Dingle said.


Carbon Revolution, which listed on the ASX late last year with an issue price of $2.60, has had a rollercoaster ride since becoming a public company. With the upheaval of the COVID19 pandemic, it moved early to raise capital. The company raised $28 million in extra capital in March to shore up its balance sheet. Carbon Revolution shares closed at $2.56 on Friday. The capital raising was priced at $1.50.

Link to comment
Share on other sites

  • 3 weeks later...


Ideanomics Reports MEG September and Q3 EV Sales Activity



423 EV units delivered in September



626 EV units delivered in Q3



440 units were invoiced in Q3 and are pending delivery



New York, October 15, 2020 - Ideanomics (NASDAQ: IDEX) announced its Mobile Energy Global (MEG) division’s sales activities for the month of September and Q3 2020. For the period starting September 1, 2020, through September 30, 2020, MEG delivered a total of 423 units. For 3Q 2020, the period starting July 1, 2020, through September 30, 2020, MEG delivered a total of 626 units. The company also invoiced an additional 440 units in Q3, which are pending expected delivery.


“We are very pleased that our MEG business experienced sequential growth, month over month, throughout Q3, and the 440 units pending delivery gets Q4 off to a strong start. This growth, fueled by a combination of previously announced deals and new deal origination, along with improvements in our operational efficiency, helps us achieve our goals for 2020 and sets the stage for growth at scale going into 2021,†said Alf Poor, CEO of Ideanomics.





About Ideanomics



Ideanomics is a global company that facilitates the adoption of commercial electric vehicles and supports next-generation financial services and fintech products. Our electric vehicle division, Mobile Energy Global (MEG) provides group purchasing discounts on commercial electric vehicles, EV batteries and electricity, as well as financing and charging solutions; we refer to this business model as sales to financing to charging (S2F2C). Ideanomics Capital provides fintech services that include intelligent and innovative solutions powered by AI and blockchain. Together, MEG and Ideanomics Capital provide our global customers and partners with more efficient solutions for a greener economy.



The company is headquartered in New York, NY, with offices in Beijing, Guangzhou, and Qingdao, and operations in the U.S., China, Ukraine, and Malaysia.






Link to comment
Share on other sites

  • 1 month later...


Dec 2, 2020

Ideanomics' Treeletrik Announces the Hire of Volkswagen Veteran, Richard Teoh, as its Chief Financial Officer





Nov 23, 2020

Ideanomics Increases Its Stake in e-Tractor Company Solectrac





Nov 12, 2020

Ideanomics Announces Definitive Agreement to Acquire Timios Holdings Corp.






Link to comment
Share on other sites

  • 1 month later...

Its taken a while, but finally Robert Gottliebsen has come round to the electric vehicle futre.

From todays OZ

We all will remember January 2021 for the start of Joe Biden’s presidency plus COVID-19, but longer term the biggest event was that the internal combustion engine, after dominating road transport for over a century, has finally received its long-term death warrant.


Whereas the internal combustion engine was anointed in the US, the death warrant is being signed in China via a series of high technology deals consummated over Christmas/New Year that lock in electric vehicles as its replacement.


History is important. In the 19th century horses and carts were the dominant road transport mechanism. In 1908 Henry Ford generated scale for motor vehicle production and anointed the internal combustion engine over steam.


I can well recall horses and carts sharing the roads with cars and trucks and visiting local blacksmith shops in the 1940s and 1950s which later became petrol stations.


Similarly the decline of the combustion engine will occur over an extended period and the roads will be shared.


Given that for a decade China has been world’s largest market for all vehicles, and the enormous resources China is now pouring into electric cars, the Middle Kingdom looks set to define the future of global mobility.


What is giving the electric car enormous momentum is that China’s car makers are developing Henry Ford-style scale. At the same time electric vehicle development is now being driven by the high-technology giants, which means that cars with far less driver direction are going to be a reality sooner than many expected.


When China announced a year or so back that by 2024 – just three years away---one in four new cars would be electric vehicles, the idea was downplayed.


But the latest corporate momentum makes that aim not only realisable but it may be exceeded. And although China has taken the lead, the US under Joe Biden will not be far behind.


Unless there is new battery technology, we are going to see a big rise in demand for lithium and this is being reflected in lithium miner shares more than in the price of the metal.We are starting to see a pattern emerging in the electric car industry which is totally different to the way the internal combustion car industry developed.


Ford, General Motors, Mercedes and most others designed and produced their own cars.


Apple and the other high technology companies entering the car business see their role as designing cars and developing the technology. They outsource the manufacturing duplicating their mobile phone industry pattern.


This division of activity will greatly accelerate the development of the electric car and make it very difficult for the giants of the internal combustion engine cars to retain their current dominance in the new era. Using artificial intelligence and the telecommunication and computer systems that have built their enterprises, the high technology companies will step by step develop driverless cars (starting with parking). Some technologies will enhance navigation and link up with other cars or mobile phones while others will improve entertainment for drivers and passengers.


According to reports from the technology giants their role will extend beyond building on community knowledge of digital connectivity to making electric cars more environmentally friendly and improving driving safety


There are some parallels between what is happening in cars to what took place in mobile phones. The conventional phone makers simply didn’t have the technology to match the internet / computer giants when they applied their technology and design to the business of phones.


EV cars are certainly the way of the future, but there are some inherent problems that must be overcome. In China, with its massive population , megacities with mega public transport infrastructures, cars may well end up being banned from urban areas except for large freeways of intracity transport. But even then, given the sort of control the CCP likes to have over every aspect of its citizens lives, forcing people to use mass transport rather than indivdual vehicles of any variety would seem like a desirable outcome.

But still no mention of the problems of scalable recharging. I have seen articles by people who say they regularly drive their EV's between Melb, brissy and Sydney. But what happens when there are 400,000 cars trying to do he same thing? A car is a means of transportI. In places like OZ, it is paramount that that you can go long distances without refilling with whatever energy component your vehicle chooses.Not sure if I agree with the last section. Having digital connectivity is not going to help much if the car won't run. The environment will not be happy if the tech cos treat cars in the same way as they treat digital devices- namely they become obsolete after even a few years. The digital cos have pioneered the throw away society. They leave the recycling of the REE's etc in their devices for the slave labourers in third world countries because its uneconomic to do so in the first world where the techs inhabit.



Link to comment
Share on other sites

And more news, this time very fast charging batteries.




Israeli firm StoreDot rolls out electric car batteries that recharge in 5 minutes


It’s been a dream of EV battery makers to charge a car battery as fast as a petrol car refuels at the bowser. That dream is becoming reality with Israeli battery company StoreDot overnight announcing the availability of its first-generation five-minute charge battery engineering samples that use its extreme fast charging (XFC) technology.


It says this is no longer at the design stage, the batteries have been demonstrated working with an electric scooter and commercial drone, and samples are rolling out the door. “This represents a significant milestone for the company in its mission to eliminate the range and charging anxiety of electric vehicles (EVs), demonstrating the commercial viability of XFC batteries for the first time via a small form-factor battery cell,†StoreDot says.


The fact StoreDot is on this path is not new. In 2016, The Australian visited the StoreDot pavilion at the Mobile World Congress forum in Barcelona, at which the company spoke of its promise of the five-minute charge.


At the congress, it demonstrated a modified Samsung phone going from five per cent charge to 100 per cent charge in five minutes, 25 seconds. Samsung Ventures is one of its strategic investors, along with BP, Daimler and TDK.


It spoke of fully charging a smartphone in 30 seconds. It was using a 20-pin connector to achieve this.


“ We are proud to make these samples available, but today’s milestone is just the beginning. We’re on the cusp of achieving a revolution in the EV charging experience that will remove the critical barrier to mass adoption of EVs,†said StoreDot CEO Dr Doron Myersdorf.


This type of fast charging has been possible for some time, however as StoreDot told us in 2016, without the right materials, this fast charging could almost destroy the battery or heavily reduce its recharge capacity.


The company said it had successfully replaced graphite in the cell’s anode using metalloid nanoparticles, which it said was key to overcoming major issues in safety, battery cycle life and swelling.


It said the sample cells were produced by StoreDot’s strategic partner in China – EVE Energy Co. Ltd. It said the batteries could be produced on existing Li-ion production lines at EVE, so mass production should be scaled up easily.


Dr Myersdorf said scientists at the company had addressed inherent challenges of XFC such as safety, cycle life and swelling by harnessing innovative materials and cell design.



“Today’s announcement marks an important milestone, moving XFC for the first time beyond innovation in the lab to a commercially-viable product that is scalable for mass production.


“This paves the way for the launch of our second-generation, silicon-dominant anode prototype battery for electric vehicles later this year.â€






Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Create New...