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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford to Reveal All-Electric F-150 Lightning May 19 with Livestreamed Event at Ford HQ
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<blockquote data-quote="GTSpartan" data-source="post: 16619632" data-attributes="member: 21531"><p>Bingo.</p><p></p><p>GM is less than a year away from starting up their first battery production plant, which will produce the Ultuim platform, and has already announced plans to build a second plant. When the Ultium platform hits, it will give them tons of flexibility, and their new EV product cadence will really accelerate. These will be EV optimized platforms, not a mish-mash of trade-offs and compromises of retrofitting ICE platforms. A big piece of profitability.</p><p></p><p>The battery pack is bar far the most expensive part of an EV. Making them yourself is the key to actually being profitable selling these types of vehicles. Having vertical integration will give them a big cost advantage over those that are not. Producing platforms for Honda and Acura could actually make it a profit center for them. I am not pulling this stuff out of a hat. It's public info that is widely available and known. </p><p></p><p></p><p>Meanwhile, Ford is just now talking about building a battery plant at some point down the road, and their battery partner just lost a major intellectual property lawsuit to LG Chem/GM. They are realistically 5 yrs away from producing their own, with second rate battery tech. Like I said earlier, the furniture salesman CEO (and a drunk Bill Ford for going along with him) set back Ford years.</p></blockquote><p></p>
[QUOTE="GTSpartan, post: 16619632, member: 21531"] Bingo. GM is less than a year away from starting up their first battery production plant, which will produce the Ultuim platform, and has already announced plans to build a second plant. When the Ultium platform hits, it will give them tons of flexibility, and their new EV product cadence will really accelerate. These will be EV optimized platforms, not a mish-mash of trade-offs and compromises of retrofitting ICE platforms. A big piece of profitability. The battery pack is bar far the most expensive part of an EV. Making them yourself is the key to actually being profitable selling these types of vehicles. Having vertical integration will give them a big cost advantage over those that are not. Producing platforms for Honda and Acura could actually make it a profit center for them. I am not pulling this stuff out of a hat. It's public info that is widely available and known. Meanwhile, Ford is just now talking about building a battery plant at some point down the road, and their battery partner just lost a major intellectual property lawsuit to LG Chem/GM. They are realistically 5 yrs away from producing their own, with second rate battery tech. Like I said earlier, the furniture salesman CEO (and a drunk Bill Ford for going along with him) set back Ford years. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Ford to Reveal All-Electric F-150 Lightning May 19 with Livestreamed Event at Ford HQ
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