Post by tim... Post by Recliner Post by tim... Post by email@example.com Post by tim... Post by Recliner
Do you really think Geely is "a very small niche company"???
the market for "London" cabs is
Not exclusive to London,
which is why it is in quotes
I was referring to London-style cabs,
not cabs that operate in London
I know that people elsewhere buy them, but they don't need to.
And ISTM that if you are going to have to spend billions on zero-emission
R&D that is more likely to be profitable if the product you are making is
more generic than a "London" cab.
I read a different newspaper article saying something similar
Post by Recliner
not. You appear also to know nothing about Geely, which you ludicrously
described as a "very small niche company".
OK I made the mistake of forgetting that it had been bought by a large
Not just bought by, but completely recreated by. The new TX5 shares
nothing with the old black cabs. That was the whole point of the
story. As I said, it pays to know at least a little about something
you comment on, and to at least read the story.
Post by tim...
but nevertheless the market for this vehicle is small and niche
It's all very well the parent company having the funds to pay for this, but
companies usually expect each of their product sectors to survive on their
own sales, not be subsidised by the wealth of daddy.
Do you really think a Chinese company plans to subsidise a small UK
offshoot factory long-term?
Guess what, it plans to make money from it, just as it is doing with
its other little European offshoot you appear to have forgotten or
knew nothing about.
Gubbey joined LTC last year, with a long global automotive background
including stints at Ford and General Motors. He has ambitions beyond
the UKs capital with the TX5, and discussions are underway with a
number of European cities.
It is important that this is also rolled out across Europe, as there
has been a considerable investment for this project, Gubbey said.
These will be very tough markets to get into, though they are very
nationalistic. But London as a city is not unique in wanting to
improve local air quality.
Post by tim...
And I don't believe that this little niche can support the R&D needed to
develop a zero emissions vehicle. It is a development based upon the "hope"
that they can expand sales into more regions than they have now.
What on earth makes you think that the hybrid tech in the TX5 has been
developed specially for it??? Geely isn't mad, and one of its other
subsidiaries has been involved in developing hybrid cars for years.
The tech is obviously shared not only with the tens of thousands of
other vehicles to be made each year in the same factory, but also with
Geely's many other hybrid vehicles.
"Geely invested more than 1 billion Yuan (HK$1.19 billion) in
developing the new hybrid powertrain and was willing to share the
technology with other carmakers in a bid to promote the use of green
vehicles, Li said.
The powertrains are currently produced by a joint venture, China
Hybrid System, in Changsha, Hunan province. The plant can churn out 1
million powertrains annually."
Quote from the original article you failed to read:
"Geely will also begin production next year of electric vans for the
UK and European market. The plant at Ansty, north of Coventry, will
have an annual production capacity of 36,000, the vast majority of
vehicles being hybrid electric vans."
As for the technology, it rather obviously comes from Geely, and
wasn't developed in Coventry. Geely has been selling electric vehicles
in China since 2015.
Post by tim...
and when the competition is from a more generic vehicle (that can be used
elsewhere as a taxi), I don't believe that they will achieve that.
Ah, based on your obvious expertise in the automotive industry?
Post by tim... Post by Recliner
Sometimes it does help to know at least a little about a subject before
I know at least as much as the majority here
They tend not to make such uninformed comments on subjects they know
Post by tim...
I have actually worked for a company (working towards) producing an electric
vehicle (so I know exactly how over-hyped it is)
Ah, so you obviously must know much more than poor, deluded Geely that
has blown over £120m on its idiotic PHEV venture. Perhaps instead of
wasting time here you should be selling your valuable expertise to
those novices in China?