CyberTruck competitor Chevy Silverado EV looks pretty good

[Ogre]

What?????

Check the date on your post, LOL.

My 2103 Tacoma was built in Texas

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[Deleted member 12457]

Check the date on your post, LOL.

I posted the comment you're talking about yesterday at 12:20 PM. What date do you see?

 

[firsttruck]

.....
My 2103 Tacoma was built in Texas ....

Check the model year of the Tacoma. Where did you buy a year 2,103 vehicle ????

 

[Deleted member 12457]

Check the model year of the Tacoma. Where did you buy a year 2,103 vehicle ????

Ok, I finally saw my crappy typing and visual dyslexia. It took me several times looking at it and your comma to finally see it. Now I understand you comment, Ogre.

 

[BahamaTodd]

Does anyone actually think the Chevy truck will be built in the USA? Not me, I see it being built in China under their partnership with SAIC. No UAW workers. I don't see GM-America actually surviving. They aren't going to be able to pay for the retooling of factories in the US, they're better off closing them (again) and building brand new ones but that takes money they don't have. I don't see a GM/Chevy truck being made in high numbers in the USA, it will simply be another made in China EV, just like European manufacturers are doing.

The Silverado and Sierra EVs will be built in two US factories in the Detroit area with a total truck capacity of 600k annually.

 

[Ogre]

The Silverado and Sierra EVs will be built in two US factories in the Detroit area with a total truck capacity of 600k annually.

The only part of this I would question is when?

Is GM even planning on building out 120 Gigawatt Hours of battery capacity any time soon? They would likely need that for the trucks and about half that much if they want any other capacity for EVs.

 

[Crissa]

The only part of this I would question is when?

Is GM even planning on building out 120 Gigawatt Hours of battery capacity any time soon? They would likely need that for the trucks and about half that much if they want any other capacity for EVs.

This 50GW battery plant is one of three they are building:
https://media.gm.com/media/us/en/gm...t/Pages/news/us/en/2022/jan/0125-gmandlg.html

Apparently they're spending 7 billion on battery plants in the next few years in Michigan alone.

-Crissa

 

[Ogre]

This 50GW battery plant is one of three they are building:
https://media.gm.com/media/us/en/gm...t/Pages/news/us/en/2022/jan/0125-gmandlg.html

Apparently they're spending 7 billion on battery plants in the next few years in Michigan alone.

-Crissa

Assuming that capacity comes on line on schedule in late 2024, it will take nearly a year for it to ramp up to full capacity. So production will be ~20 GWh in 2025 and ~40 GWH in 2026. So if they have 3 planned, then sometime in early 2027 they will have 120 GWH capacity. Assuming everything goes according to their plan, in 5 years they will have capacity to produce those 600k trucks, or 200k trucks and 500k cars. Or something around that.

My estimate of battery ramp is based on this video of CATLs production for Tesla.

 

[Ogre]

A random thought about timing.

FSD is going to be ready when? Musk says end of this year. But who knows when it’s actually going to be ready.

Which comes first, FSD/ RoboTaxi or Legacy auto producing EVs at competitive scale? There is a genuine risk that even if legacy auto hits all of their targets, FSD will make them irrelevant regardless. Perhaps before they are able to even scale production up.

FSD has become a bit of a white whale for Tesla, so definitely not a prediction. But seems to me like Tesla delivering FSD is a potential industry wrecker.

 

[Crissa]

Yeah, not saying the factory ramp-up is not late for the legacy auto... just that it is planned, and now they're finally breaking ground.

This is why the whole 'legacy will crush Tesla' was always a just-so story. BEVs are more about the battery than any legacy auto is about body or engine.

-Crissa

 

[Ogre]

Yeah, not saying the factory ramp-up is not late for the legacy auto... just that it is planned, and now they're finally breaking ground.

This is why the whole 'legacy will crush Tesla' was always a just-so story. BEVs are more about the battery than any legacy auto is about body or engine.

-Crissa

It is difficult to see legacy auto disappearing in the next 10 years. The US government likes to bolster ailing industry if nothing else.

I could also quite seriously see Tesla lending them a hand. Musk has already suggested he would license FSD. I’m sure that would be only for electric cars though. That would be quite the bitter pill.

There is also the possibility someone like Waymo or Cruise will crack autonomous driving.

 

[Deleted member 12457]

This 50GW battery plant is one of three they are building:
https://media.gm.com/media/us/en/gm...t/Pages/news/us/en/2022/jan/0125-gmandlg.html

Apparently they're spending 7 billion on battery plants in the next few years in Michigan alone.

-Crissa

And they're going to get that $7B from where? Better not be from taxpayers again. I honestly don't see GM doing much of anything, especially in Michigan. This $7B will be on top of ??B to retrofit the truck production facilities? Maybe the UAW is funding them but they need that money to continue bribing Congress and state legislatures.

 

[ÆCIII]

Whatever the price of a Silverado EV (say $70,000 or whatever), you can be assured nearly half of that is distributed in dealership margins, expensive advertising, manufacturer margins, and unions - so they actually spent about 35K or less on the actual truck and everyone knows by now that the likes of GM or other legacy are very good by now at making something cheap 'look good'.

I'm really not impressed with the GM pouch battery implementations either but it's because they really have no choice. I see them having lower energy density and range, with possible thermal management issues, but time will tell. Of course GM tries to glamorize it by giving it a gimmick brand name of 'Ultrium', but really intelligent people should be able to see right through that. One of the tell-tale negatives I see is that they're implementing it in a 'Hummer EV' as one of their first models. But when you look at it weighing over 9,000 lbs with still only a little over 300 miles range, it's obvious to me GM just wanted to hide lower tech inside of a large chassis platform, while promoting it with glamourous advertising. But that's a lot of weight, and when you get to that much weight needing a 200 plus Kwh battery, your cost per mile gets up there with some small ICE cars, because you are having to use much more electricity compared to any Tesla.

I see the Silverado likely being about 2/3 as expensive to operate than a Hummer EV, which is better but with the other aspects of GM's business model and political entanglements - simply NO.

-ÆCIII

 

[firsttruck]

Whatever the price of a Silverado EV (say $70,000 or whatever), you can be assured nearly half of that is distributed in dealership margins, expensive advertising, manufacturer margins, and unions - so they actually spent about 35K or less on the actual truck and everyone knows by now that the likes of GM or other legacy are very good by now at making something cheap 'look good'.
.....

Is that $70K MSRP ??? If it is you forgot for first year deliveries a probable minimum additional dealer markup of $10K so minimum cost $80K + $7K state sales tax + $1K truck license registration fee.

 

[Crissa]

And they're going to get that $7B from where? Better not be from taxpayers again. I honestly don't see GM doing much of anything, especially in Michigan. This $7B will be on top of ??B to retrofit the truck production facilities? Maybe the UAW is funding them but they need that money to continue bribing Congress and state legislatures.

GM had about $20 billion cash on hand, despite their debts, going into the pandemic.

-Crissa

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