Professor Membrane wrote: Not now son, I'm making ... TOAST!
yesplease wrote:What? Not meeting deadlines means they're "on their knees"/"in trouble"?
yesplease wrote:Semantics aside, why would they bother releasing their ultra-efficient two seater when gas prices are low?
Oh, yeah, cuz any company looking for a non-refundable deposit must be "on their knees"/"in trouble". Apparently, Yamaha, Asus, and a FT of other companies must also be "on their knees"/"in trouble".mos6507 wrote:RTFA. They said they are looking for funding and want "nonrefundable" deposits. How much clearer can it be?yesplease wrote:What? Not meeting deadlines means they're "on their knees"/"in trouble"?
Because that's a pretty big if. So far GM's idea of an electric car has been a full-size (more expensive) new platform ( more expensive) PHEV that has an extra ~$5k worth of batteries w/ enough capacity to last ~half a million miles (more expensive). Unless GM changes the specs or works some serious supply chain magic the Volt will be ~$35-40k at cost.mos6507 wrote:Because if GM survives and delivers the Volt, they've pretty much lost their timing advantage. Why buy a 3-wheeler EV (the plugin isn't even ready yet) for $30K when the Volt will be available for about the same price?yesplease wrote:Semantics aside, why would they bother releasing their ultra-efficient two seater when gas prices are low?
mos6507 wrote:It's going to take them years to ramp up production and start selling them in states other than California. The window of opportunity for Aptera is growing short.
mos6507 wrote:From a business perspective, not delivering makes them look like incompetents on the same level as Tesla with their transmission SNAFU, Venture Vehicles, Phoenix, all the other startups that can't seem to get off the starting gates.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
yesplease wrote: Only time will tell as to whether or not they're successful, but to say they're in trouble when they could very well be stalling in a smart business move seems premature IMO.
yesplease wrote: If they tank soon, they'll tank when they tank. Call it when it happens, not when they could simply be reassessing their market.
mos6507 wrote:It's not a smart business move. It's a PR nightmare. They are destroying all the hype and the goodwill they created by making last-minute tweaks to the design and delaying the thing by a year after originally promising to release it right around now, and playing a bait-and-switch with the terms of the preorders.
Only if people don't understand how niche businesses are run, which could very well be the case. In any event, it's much safer for Aptera, or any company, to get a very good idea of their market and proceed from that than it is for them to go balls to the wall no matter what. That's just good business,even if it is bad PR. They can possibly survive bad PR. They can't survive screwing up production and going bankrupt.mos6507 wrote:It's the type of thing people associate with a company that is incapable to go from a prototype to a finished product, which is par for the course with EV startups.
mos6507 wrote:So whatever their motive is, it creates a bad impression.
mos6507 wrote:I'm calling it now. Bump the thread if they actually ship any cars next year because I think it's all downhill from here.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
yesplease wrote:Who the hell cares what kinda impression they make?
yesplease wrote:Since they haven't tanked yet you're wrong. Unless of course we get some info later saying they went bankrupt on 01/07/2008 or by tanked you meant they changed their production plans.
Mesuge wrote:PS the change for FWD is because of better traction, higher regen, longevity of components, etc. Not a major problem in this updated version.
And the fastest way for them to go bankrupt is for them to put out way more (lower quality, more expensive) vehicles than people are willing to buy. I don't think risking bankruptcy so people have a slightly higher opinion of them is worth it. I think they care more about running a successful business than having as much public appeal as possible. People can luv 'em to death and still not buy their product.mos6507 wrote:You know all that talk Detroit gave about people not wanting to buy cars from a bankrupt car company? People are obviously going to be wary about buying a car from a startup company if they think it won't be around tomorrow.yesplease wrote:Who the hell cares what kinda impression they make?
The car's drivetrain is for the most part the same. All they changed was location of drivetrain and connection to the wheels, going w/ CVs up front instead of a chain in the back, probably for ease of maintenance and weight distribution. The camera is still there AFAIK, they just added the mirrors. In auto design, everything is trial and error. The models that are unveiled at auto shows almost never make it to production unchanged, and I don't see how this is any different.mos6507 wrote:Pushing back release dates, changing the car's drivetrain last minute, dropping the camera and going back to mirrors--these things don't inspire confidence. They also have no functioning plugin hybrid prototype that I'm aware of. This all smacks of a trial and error approach to design.
I don't think the delay was their "jump the shark" moment. Their quality is likely better than it would be if they rushed the vehicle to market, and as for popularity, I'd guess that it's decline had way more to do w/ gas in CA dropping from $4.70/gallon to $1.50/gallon, so I guess the shark jumped them? They would be crazy to continue plowing forward after that kind of a change.mos6507 wrote:I'm saying this is their "jump the shark" moment, not that they are going to go under tomorrow. Obviously it will take a while before they're done.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
yesplease wrote:And the fastest way for them to go bankrupt is for them to put out way more (lower quality, more expensive) vehicles than people are willing to buy.
yesplease wrote:In auto design, everything is trial and error.
yesplease wrote:They would be crazy to continue plowing forward after that kind of a change.
When is this car coming out? I mean Jesus now you're changing the drive train to the front wheels which I'm sure is going to mean building more spec units, crash testing and who knows what else before you start actually selling the damn thing. When all of that is finished you're "new" engineers will have decided that the exterior needs to be "improved".
I believe one of the reasons that Aptera had a fighting chance is that they would be selling cars starting in late 2008. It has come and gone, poof, nothing happened. Are they on their way to becoming another Tesla?
Regardless, the projected sales to start in late 2010 would coincide with a lot of other EV's for sale out there. It would be very interesting choices. Aptera would only one of them, and Aptera have missed the boat of being truly the first commercially produced. The Tesla has beaten the Aptera when it comes to selling EV's.
With the coming plethora of EV's in 2010, Aptera would lose many potential buyers who opted to have the other choices. At least GM's Volt is still on schedule and you can qualify for a $7,500 tax credit readily, and is not limited to California, and its extended range would allow you to drive the entire length of I-5.
Anyway, I was rooting for the Aptera to make it in late 2008 for their delivery. It seemed that even the late 2010 would be questionable at this point. Yes, be angry at the new pessismist. I'm hoping that I'm wrong on this.
I am a retired engineer with decades of experience with start-ups. I can tell you that Aptera must have astronomical start-up problems right now. It is unfortunate that they must also add to those problems by creating a public expectation of a deliveries in 2009.
Assuming their infrastructure for production, sales and support is in place,as deliveries begin, the real problems begin. Production, quality control, etc...Personally, I do not see how Aptera can adhere to the claim of delivery in late 2009, even without significant design changes. Still, I remain on the list. I will bail quickly if the price goes up as suggested... Part of the excitement for me was the suggestion that Aptera's agility as a "start-up"would overcome the "forces" of the automotive industry and actually deliver an affordable model in the spirit of Henry Ford.
I had planned to convert a vehicle before being introduced to the Aptera proto. If the price goes up a little, I can be patient with production delays. If the price goes up alot, I will not buy the vehicle and will revert to my earlier plan to create a converted vehicle.
I am just about there too. If its going to be 2010, a lot of the other companies are looking to have electric cars around then too. That was what originally attracted me to the Aptera, having an electric car before I could get it anywhere else.
Building a few pre production units is not even close. Those of us who bought into the hybrid program are probably looking at 2012. As soon as something close from someone else comes along I think I'm bailing.
the aptera is my first choice, but if the MiEV comes out before the aptera i will likely cancel my reservation and buy the MiEV...
They don't have to build many. Only 500 unsold vehicles would represent a depreciating $12.5 million, half the their last round of fund raising.mos6507 wrote:I don't think they have the capability of building enough vehicles fast enough for that to be a problem.yesplease wrote:And the fastest way for them to go bankrupt is for them to put out way more (lower quality, more expensive) vehicles than people are willing to buy.
How much automotive history are you familiar with? Go research how many models switched from RWD to FWD after the gas crisis of the 70s/80s. The only difference is that the large manufacturers don't have as much transparency during the design process, so they won't make one PR saying the model is RWD and another saying they changed it to FWD, they'll get it as close to production as they can before unveiling it, and then make some last minute tweaks suitable for mass market. If you think that Aptera documenting design changes unlike the approach major manufacturers is bad PR, that's your call, but it isn't as if this is the first time we've seen these kinds of changes in model design.mos6507 wrote:I don't know of many cars that switched from RWD to FWD during their development cycle. Aptera test drove their car for a long time with rear wheel drive. They went on a press junket showing off the prototype going stem to stern on it as if it was "production intent", hyping the rearview cameras, et. al. It oozes incompetence to make changes this late in the game.yesplease wrote:In auto design, everything is trial and error.
The difference here is that most modern vehicles are competing w/ other versions from other manufacturers, while Aptera isn't competing w/ anyone else due to their niche in the market. Demand for the vehicle is based on people who would buy one no matter what and people who would buy one only w/ high gas prices. Shipping a product before another manufacturer could mean a significant difference in sales. Otoh, shipping a product when there is no competition and the basis for a significant portion of demand, gas prices, is relatively weak, would be financial suicide at worst, and financially crippling at best.mos6507 wrote:There is a term in engineering circles called "shoot the engineer, ship the product". In art it's called "art is never finished, only abandoned". At some point you have to ship version 1 and leave further changes for the next model year.
Exactly, and the fact that you think it's a good idea for them to repeat the mistakes of the last "mass EV extinction" indicates you care more about Aptera failing than anything else.mos6507 wrote:The EV market already had their mass extinction event last time for similar reasons.yesplease wrote:They would be crazy to continue plowing forward after that kind of a change.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
yesplease wrote:Exactly, and the fact that you think it's a good idea for them to repeat the mistakes of the last "mass EV extinction" indicates you care more about Aptera failing than anything else.
It's all about confidence intervals. If there was no deposit, you'd get perhaps a 5% purchase rate. If there was a $1 refundable deposit, perhaps 10%. $500 refundable, perhaps 50%. But $500 nonrefundable, you'll probably get a ~85-90% purchase rate.
One has to keep in mind: in the scheme of things, our deposit money is pretty much irrelevant to Aptera's operating costs. All of the deposits combined would sustain them for probably 1-2 months or so. So talking about what they could and couldn't do with our money is kind of silly. What matters to them is not $500 per person, but $30,000 per person. *That* is relevant money to them.
Professor Membrane wrote: Not now son, I'm making ... TOAST!
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