What to make of this?
https://www.cnn.com/2021/11/29/cars/mate-ri...kers/index.html
"Two major automakers, Hyundai and Porsche, became big investors in Rimac Automobili. Neither would discuss their work with Rimac with CNN Business. Porsche, though, was instrumental in bringing together RImac and Porsche's sister brand Bugatti. Porsche now owns 45% of Bugatti-Rimac."
Full Version: Porsche-Rimac-Bugatti
Electric cars are a thing now. Rimac has good tech that Porsche and Hyundai want.
Porsche makes more sense then Hyundai here, but tech is tech.
Zach
Porsche makes more sense then Hyundai here, but tech is tech.
Zach
1914 horsepower. QUOTE(JeffBowlsby @ Nov 29 2021, 10:17 AM) 
What to make of this?
https://www.cnn.com/2021/11/29/cars/mate-ri...kers/index.html
"Two major automakers, Hyundai and Porsche, became big investors in Rimac Automobili. Neither would discuss their work with Rimac with CNN Business. Porsche, though, was instrumental in bringing together RImac and Porsche's sister brand Bugatti. Porsche now owns 45% of Bugatti-Rimac."
Ford owns 12% of Rivian.
Keep you friends close but keep your enemies closer.
The Dusk of the Automobile Era 
Well good for them, I hope it works out. I was around the last time some auto makers thought electric was a good idea. Non-explosive batteries will be a big step forward, I'd put my money on the Germans to figure that one out.
It's important to remind everyone, even as this may come across as political, that the #1 and #3 Lithium mining companies are wholly owned by China. The #5 presents itself as Australian but is 49% Chinese owned. Those big three alone account for a $70B market cap in the mining industry. For perspective, that is more than the remainder market cap of the top 20 lithium mining companies.
What's more, the Objections to the Paris Climate accords that were so highly politicized are due to the fact that China, yet again, was allowed "developing nation" status. That in effect exempts them from any environmental requirements contained within the accords.
Why does that matter? Well, it allows them (Communist Party of China) to out-compete with any developed nation and continue to steal away market share due to lower costs of production thanks to their freedom to pollute at their leisure. Make no mistake, there is no such thing as private industry in China, EVERYTHING is an extension of the CPC.
This push for electrification, will hand over control of a global market to a country that is actively engaged in all kinds of unsavory things.
What's more, the Objections to the Paris Climate accords that were so highly politicized are due to the fact that China, yet again, was allowed "developing nation" status. That in effect exempts them from any environmental requirements contained within the accords.
Why does that matter? Well, it allows them (Communist Party of China) to out-compete with any developed nation and continue to steal away market share due to lower costs of production thanks to their freedom to pollute at their leisure. Make no mistake, there is no such thing as private industry in China, EVERYTHING is an extension of the CPC.
This push for electrification, will hand over control of a global market to a country that is actively engaged in all kinds of unsavory things.
QUOTE(Shivers @ Nov 29 2021, 11:31 AM)
Well good for them, I hope it works out. I was around the last time some auto makers thought electric was a good idea. Non-explosive batteries will be a big step forward, I'd put my money on the Germans to figure that one out.
Already happened(ing). Porsche uses a glycol bath to cool and insulate and runs at a higher voltage. The big one will be the solid state batteries on the common platform VW is working on. My understanding is that this will be used on the new Macan eventually. There is an article on the whole EV's VW/Porsche group in Pano. Really good article.
Also:
https://www.motorauthority.com/news/1131670...rformance-cells
That is good, because I keep reading about stuff like this. I had my house catch fire with me in it, I limped out the door with fire on my tail. FIRE BAD! (lol)
https://www.youtube.com/watch?v=M66mQegr-Jc
https://www.youtube.com/watch?v=M66mQegr-Jc
QUOTE(Shivers @ Nov 29 2021, 02:31 PM)
Well good for them, I hope it works out. I was around the last time some auto makers thought electric was a good idea. Non-explosive batteries will be a big step forward, I'd put my money on the Germans to figure that one out.
Ahhh, the Lohrner-Porsche?Click to view attachment
I'm surprised that they did not take your words down... Truth now a days is called political and their for it can be controlled.
Matt
It's important to remind everyone, even as this may come across as political, that the #1 and #3 Lithium mining companies are wholly owned by China. The #5 presents itself as Australian but is 49% Chinese owned. Those big three alone account for a $70B market cap in the mining industry. For perspective, that is more than the remainder market cap of the top 20 lithium mining companies.
What's more, the Objections to the Paris Climate accords that were so highly politicized are due to the fact that China, yet again, was allowed "developing nation" status. That in effect exempts them from any environmental requirements contained within the accords.
Why does that matter? Well, it allows them (Communist Party of China) to out-compete with any developed nation and continue to steal away market share due to lower costs of production thanks to their freedom to pollute at their leisure. Make no mistake, there is no such thing as private industry in China, EVERYTHING is an extension of the CPC.
This push for electrification, will hand over control of a global market to a country that is actively engaged in all kinds of unsavory things.
Matt
QUOTE(Van B @ Nov 29 2021, 02:37 PM)
It's important to remind everyone, even as this may come across as political, that the #1 and #3 Lithium mining companies are wholly owned by China. The #5 presents itself as Australian but is 49% Chinese owned. Those big three alone account for a $70B market cap in the mining industry. For perspective, that is more than the remainder market cap of the top 20 lithium mining companies.
What's more, the Objections to the Paris Climate accords that were so highly politicized are due to the fact that China, yet again, was allowed "developing nation" status. That in effect exempts them from any environmental requirements contained within the accords.
Why does that matter? Well, it allows them (Communist Party of China) to out-compete with any developed nation and continue to steal away market share due to lower costs of production thanks to their freedom to pollute at their leisure. Make no mistake, there is no such thing as private industry in China, EVERYTHING is an extension of the CPC.
This push for electrification, will hand over control of a global market to a country that is actively engaged in all kinds of unsavory things.
QUOTE(mate914 @ Nov 30 2021, 09:36 AM)
I'm surprised that they did not take your words down... Truth now a days is called political and their for it can be controlled.
Matt
The post was borderline. I let it walk. Are you going to go and push us over the edge?
Lets not and say we did, ok?
Zach
Stay calm and maintain low tones.
QUOTE(Shivers @ Nov 29 2021, 03:31 PM)
Well good for them, I hope it works out. I was around the last time some auto makers thought electric was a good idea. Non-explosive batteries will be a big step forward, I'd put my money on the Germans to figure that one out.
Goodness exploding batteries, who has that issue? with 189,500 gas engine fires in the US in 2019, I'll take my chances driving my Tesla 1000 miles a week (90k miles in two years) Even with the plastic lines in the tunnel replaced with stainless, my 914 still has a fire extinguisher in handy reach,
Oh and the USA is already the world leader in battery technology
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