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15 Mar, 9 tweets, 2 min read
OUTDOOR MANUFACTURING

"You cannot control quality in a facility that's not enclosed"

It happens all the time

Here are some fun examples of human skill accomplishing extraordinary feats in the great outdoors

1
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5
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8
CONCLUSION

Some of man's finest achievements have routinely been accomplished without any facility to enclose them

And tents can be a very welcome luxury

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More from @jpr007

JPR007 Profile picture
16 Mar
GLOBAL VEHICLE SALES 2020 - PRELIMINARY

We do not yet have a final total for Global Vehicle Sales in 2020, but preliminary indictions are that 77.1 million vehicles were sold of which 2.1 million or 2.7% were pure BEVs

The number of ICE vehicles sold is estimated at 75 million
This means that ICE sales came in -34 million units below trend line growth of Natural Demand, twice as deep as the -17 million units contraction seen in 2019
This also means that ICE sales are now -20.9 million vehicles or -21.8% down from their 2017 peak

- they are also -13.1 million vehicles down from the 2019 level

- and they are -5.0 million units below our own original view of 80 million ICEVs for 2020
Read 5 tweets
JPR007 Profile picture
16 Mar
The Chinese unit of U.S. bathroom and kitchen hardware maker Kohler as well as auto brands Ford and Infiniti were among those singled out for criticism on Monday on Chinese state television’s popular annual consumer rights show.
reuters.com/article/us-chi…
In video footage a man identified by China Central Television CCTV as a manager at a technology supplier to Kohler China says the firm had cameras installed in all its China stores to scan the faces of customers
A Kohler employee is shown saying that cameras help better target sales efforts

“The camera can even tell the mood of the consumer,” the CCTV reporter says while viewing the system
Read 11 tweets
JPR007 Profile picture
15 Mar
General Motors Co said on Monday that due to the global semiconductor chip shortage the U.S. automaker is building certain 2021 light-duty full-size pickup trucks without a fuel management module, hurting those vehicles’ fuel economy performance
reuters.com/article/us-gm-…
The lack of the active fuel management/dynamic fuel management module means affected models equipped with 5.3-liter EcoTec3 V8 engine with both six-speed and eight-speed automatic transmission will have lower fuel economy by one mile per gallon, spokeswoman Michelle Malcho said
Malcho emphasized all trucks are still being built, something GM has repeatedly stressed it would try to protect as pickups are among GM’s most profitable models. She declined to say the volume of vehicles affected
Read 13 tweets
JPR007 Profile picture
15 Mar
Swedish lithium-ion battery maker Northvolt said on Monday that it will sell its share in joint-venture Northvolt Zwei to Volkswagen, while the carmaker increases its ownership in Northvolt
reuters.com/article/us-nor…
"By consolidating cell production to the Northvolt Ett gigafactory, the partners will achieve further economies of scale, thereby securing the best possible cost and enabling the lowest environmental footprint in the world for cell production,” Northvolt said in a statement
The battery maker also said it had received an order worth more than $14 billion over 10 years from Germany’s Volkswagen

Nottvolt added that it had currently secured over $27 billion worth of contracts from key customers
Read 6 tweets
JPR007 Profile picture
15 Mar
LOOKING AT NORWAY 20210315

As we come down to the wire for 2020 Q1, what's the handicapping looking like for these five horses in the race ?

5. RENAULT

- only showing 217 units so far, and maybe lucky to get to 400 ?
4. VOLKSWAGEN

- only showing 606 units so far, and maybe lucky to get to 1,000 ?
3. TESLA

- now showing 1,354 units with a strong trajectory emulating 2020 Q4, which reached 4,845 units
Read 6 tweets
JPR007 Profile picture
14 Mar
SNOWBULL PERSPECTIVE

It is valuable to consider and compare alternate views of the future

Here are some perspectives from Snowbull Capital on their view of the "EV market" which includes BEVs, ICE PHEVs, ride-hailing

1. Global Passenger EV Sales

- 40 million units for 2031
Our own view starts with an expected 25 million units from Tesla in 2031

- 20% Global Market Share would give the BEV industry 125 million units

- if Snowbull is right about lower industry volume then Tesla's Market Share would be 63%

A simple consequence of Slow Competitors
2. Global Passenger EV Sales by Region

- these numbers imply a significant shrinkage of the global and regional automobile industry
Read 10 tweets

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