Automotive

Quad Motors, The Lyriq, and Nio’s 4th Quarter Slump

TL; DR - Rivian removed some features despite previous claims those days were behind them. Cadillac’s first EV is a Cadillac, indeed. Nio’s production projection and stock value took a hit.
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Quad Motors, The Lyriq, and Nio’s 4th Quarter Slump

Rivian's right hand needs to figure out what the left hand is doing again. A post on the company's forum says R1T reservation holders are receiving emails telling them the Quad Motor "Max Pack" is unavailable.

rivian is taking that back now meme

What does that mean in non-Rivian language? Well, drivers who want the best performance will not be able to have the biggest battery to go with it. The change echoes a failed attempt to give reservation holders a choice between a higher price or reduced features, but in a new way.

Cadillac's Lyriq is out and about, and people have opinions. A recent article on The Verge says it really is "the Cadillac of EVs."

cadillac ev meme

FIRST TRY! While the compact SUV has some rough edges, as a tone-setter for the brand's upcoming EVs, it is, as we like to say, "gettin' it."

Nio would be winning if we were playing Connect Four. The Chinese EV company has reduced its delivery projections for the fourth quarter in a row. Originally planning between 43K - 48K, they now expect roughly 39K deliveries for the quarter.

nio connect 4

Adding injury to injury... A resurgence in covid outbreaks in China continues to strain supply and production efforts, causing delays in customer deliveries. Following news of the cut, Nio's stock value fell slightly.

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