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For a group of smart solution driven folks, this comment section reads overly negative. I am curious if any one here is in the autos sector. My extended family
by fumar 3y ago
For a group of smart solution driven folks, this comment section reads overly negative. I am curious if any one here is in the autos sector. My extended family works in motorcity and some work in machining around the Midwest. I hear excitement for new growth opportunities and hesitancy as the US autos lag behind China in rapid development. I have an EV and an ICE motorcycle. Admittedly I would be sad if all ICE vehicles were banned but I am open to change. I hope American auto groups can take the reigns and become global leaders again. There is a large sector of people itching for more manufacturing jobs.
- chris222 3y agoNot many people in tech are really aware of how the auto industry works. Mostly the insane lead times on new products. What is out there and for sale now is something that was likely designed 3-5 years ago. You are right to point out the innovation coming out of China in the EV space. Every automaker is currently in a cycle of copying what they are doing for their next wave of products. To the extent that there is an EV “slowdown” right now is basically intentional until the next wave of BEVs starts coming out which are way more cost competitive. As I pointed out in another comment the main driver is large format LFP prismatic cells in a cell-to-pack configuration. BYD blade and CATL qilin are examples to study.