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Nubo
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Re: Nissan corporate news

Sat Feb 29, 2020 5:52 pm

Look at the bright side -- Tesla may get some automotive plants for cheap, and experienced workers, as they did with Nummi.
I noticed you're still working with polymers.

GaleHawkins
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Re: Nissan corporate news

Tue Mar 10, 2020 9:19 am

https://www.autonews.com/automakers-s ... ort-says

March 10, 2020 07:31 AM 5 HOURS AGO
Nissan likely to leave venture fund with Renault in cost-cutting drive, report says

cwerdna
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Re: Nissan corporate news

Wed Mar 11, 2020 4:21 pm

Nissan pushes on with £400m investment in Sunderland plant despite Brexit fears
Japanese giant has warned its European business would be unsustainable if UK’s departure from UK leads to tariffs
https://www.independent.co.uk/news/busi ... 83491.html

'19 Bolt Premier
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Please don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

GaleHawkins
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Re: Nissan corporate news

Wed Mar 11, 2020 8:54 pm

cwerdna wrote:
Wed Mar 11, 2020 4:21 pm
Nissan pushes on with £400m investment in Sunderland plant despite Brexit fears
Japanese giant has warned its European business would be unsustainable if UK’s departure from UK leads to tariffs
https://www.independent.co.uk/news/busi ... 83491.html
That is positive.

In Japan Nissan announced COVID-19 was expected to cause a 35% net profit decrease. Actually this is huge wild card for the entire EV market especially. Will vehicle makers reduce EV investments. Will buyers be shopping for EV or ICE vehicles.

LeftieBiker
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Re: Nissan corporate news

Wed Mar 11, 2020 9:46 pm

Marketing campaign for EVs:

"Remember, you never have to go to the gas station. Just plug in in the safety of your own garage!"
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
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WetEV
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Re: Nissan corporate news

Thu Mar 12, 2020 6:45 am

GaleHawkins wrote:
Wed Mar 11, 2020 8:54 pm
In Japan Nissan announced COVID-19 was expected to cause a 35% net profit decrease. Actually this is huge wild card for the entire EV market especially. Will vehicle makers reduce EV investments. Will buyers be shopping for EV or ICE vehicles.
NIO stock was up as they had good sales. Only a 12% decline, while many gas cars in China saw 80% sales declines.

Oil and gasoline prices are likely to stay low for the next year or maybe two. Don't be short oil as the recovery is depending on politics (MBS vs Putin) as well as economics. Low prices are going to stop most new drilling, and wells deplete over time. So production capacity will fall. The longer prices are down, the more production capacity declines. The recovery could be violent and to new record prices. Bad time to buy hulking ICE. A good time to be preparing an EV for market.

Stock market just hit circuit breakers.
WetEV
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GRA
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Re: Nissan corporate news

Thu Mar 12, 2020 4:34 pm

In a time of economic uncertainty car purchases get put on hold when possible (except by those people who can ignore the economy), so all car sales are going to take a dive, but 'affordable' BEVs are likely to be hurt a lot more. People who might have been willing to stretch a bit up front to hopefully gain savings long-term, won't be now.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

LeftieBiker
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Re: Nissan corporate news

Thu Mar 12, 2020 4:52 pm

GRA wrote:
Thu Mar 12, 2020 4:34 pm
In a time of economic uncertainty car purchases get put on hold when possible (except by those people who can ignore the economy), so all car sales are going to take a dive, but 'affordable' BEVs are likely to be hurt a lot more. People who might have been willing to stretch a bit up front to hopefully gain savings long-term, won't be now.
The used EV market may get healthier as a result.
Scarlet Ember 2018 Leaf SL W/ Pro Pilot
2009 Vectrix VX-1 W/18 Leaf modules, & 3 EZIP E-bicycles.
BAFX OBDII Dongle
PLEASE don't PM me with Leaf questions. Just post in the topic that seems most appropriate.

GRA
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Re: Nissan corporate news

Thu Mar 12, 2020 5:50 pm

LeftieBiker wrote:
Thu Mar 12, 2020 4:52 pm
GRA wrote:
Thu Mar 12, 2020 4:34 pm
In a time of economic uncertainty car purchases get put on hold when possible (except by those people who can ignore the economy), so all car sales are going to take a dive, but 'affordable' BEVs are likely to be hurt a lot more. People who might have been willing to stretch a bit up front to hopefully gain savings long-term, won't be now.
The used EV market may get healthier as a result.

I doubt it. Used EVs are even more limited in capability than new ones, so why would people buy them now when income is likely to be uncertain? People will do what they did in the recession, and keep what they have, which is even easier now as cars last even longer than they did a decade ago.
Guy [I have lots of experience designing/selling off-grid AE systems, some using EVs but don't own one. Local trips are by foot, bike and/or rapid transit].

The 'best' is the enemy of 'good enough'. Copper shot, not Silver bullets.

GaleHawkins
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Re: Nissan corporate news

Thu Mar 12, 2020 9:41 pm

GRA wrote:
Thu Mar 12, 2020 4:34 pm
In a time of economic uncertainty car purchases get put on hold when possible (except by those people who can ignore the economy), so all car sales are going to take a dive, but 'affordable' BEVs are likely to be hurt a lot more. People who might have been willing to stretch a bit up front to hopefully gain savings long-term, won't be now.
Most people that I know can do just fine with current cars for another 3-10 years. We will just have to wait and see how much world governments put into auto bail outs like they did in 2008.

For run of the mill EV's I do not think it looks good for the folks that do not know if they will have a job long term. Tesla may be zinged for retires down a few hundred grand in their retirement accounts since the first of March or that they do not know if COVID-19 is going to take them out. Some people are not excited about putting $50K to $100K into a new car or pickup when they see their retirement accounts deflating due to things out of their control.

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