So, not out of the woods yet, but not exactly vaporware. We expect to deliver approximately 50 units to customers in 2022 and the remainder of the first batch in the first half of 2023, subject to raising sufficient capital.
#UNMARKED NON SEQUENTIAL BILLS SOFTWARE#
We also continue to accumulate test miles on the vehicles, finalize other certifications, and complete software updates as we work to ensure the best experience for our customers. That’s a very reasonable number, provided everything necessary comes through, as Lordstown explains.įMVSS crash testing has been completed successfully, and EPA and CARB applications have been submitted. Two trucks isn’t many, but Lordstown is setting its sights low and planning to deliver just 50 trucks this year. To be a bit more precise, two saleable units have been made. Lordstown Motors recently announced the start of commercial production for its Endurance electric pickup truck. Lordstown Motors Finally Starts Truck Production Screenshot: Lordstown Motors Slow deliveries and high expected losses are bad signs with talks of a recession swirling, even if making vehicles often requires an astonishing burn rate. Looking at Rivian’s financial forecasts, things aren’t exactly smooth sailing. While this news is definitely a shame for Rivian, it’s not difficult to rationalize the court’s decision. Morgan County Superior Court Judge Brenda Trammell on Thursday rejected the agreement between the local development authority and the Inc-backed EV company on grounds that the proposal did not appear feasible and failed to establish that it would promote the welfare of local communities. “We remain undeterred in our efforts to bring high-paying, American manufacturing jobs to Georgia, and are currently assessing all legal options,” the Joint Development Authority (JDA) of Jasper, Morgan, Newton, and Walton counties and Georgia Department of Economic Development said in a joint statement. Reuters reports that proposed incentives for a new Rivian plant in Georgia have been struck down in court. I say often because that’s not always the case. When a big company wants to build a new facility, it’s often wooed by incentives from jurisdictions that want facility investment. While a handful of Fiats languishing on lots for two years doesn’t require much suspension of disbelief, what’s going on with the Dart sales figures? Georgia Court Says No To Rivian Incentives Photo credit: Rivian Needless to say, we’re reaching out to Stellantis for clarification on these figures to learn exactly what the hell is going on. The 500 is a fun little car that enjoys a bit of a thrashing in Italian tradition, the sort of car we sorely need in the marketplace now. However, if you did buy a brand new Fiat 500 last quarter, good job. I know that Fiats aren’t the most rapidly-selling cars in America, but two years on dealer lots seems a bit excessive. Both of these Italian runabouts exited production after the 2020 model year. Next come numbers five and seven, the number of brand new Fiat 500Ls and Fiat 500s reportedly sold last quarter. Did a handful of dealers just forget that they parked Darts somewhere? Were these cars local parts runners on dealer plates that were never registered? Is this just a result of auditing past Dart sales numbers and realizing that a few mistakes were made? As in, Stellantis reported the sales of three brand new Dodge Dart sedans, a car that’s been discontinued in America since 2016. Let’s start with the strangest number in this report, three. Stellantis recently released its third-quarter sales figures and some very strange anomalies stand out among the legions of Ram pickup trucks and Jeep Wranglers that made it into customers’ driveways.
Alright, Who Bought A Dart Last Quarter? Photo credit: DodgeĬustomers must be really desperate for new cars right now. If your morning coffee’s working a little too well, pull up a throne and have a gander at the best of the rest of yesterday. Welcome to The Morning Dump, bite-sized stories corralled into a single article for your morning perusal.
All this and more in today’s issue of The Morning Dump. The long-discontinued Dodge Dart reappears on the sales charts, Georgia says no to Rivian manufacturing incentives, Lordstown Motors starts production of its electric truck.
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