Quote Originally Posted by Richard View Post
It is interesting to watch all of this play out.

The majority of most fleets,UPS,FedEx,Amazon etc. is with the 16 foot step vans - or most know them as bread trucks.

There was a company in Cali - Workhorse- Workhorse was bought out by Utilimaster who is the last manufacturer,after buying everybody else out,was funded and folding even after a Chinese investment of 35 million.

Because of little interest.

Lordstown motors funded with a loan from GM of 35 million says they also have a standing order of 100,000 vehicles.

There is another one that shut down after being investigated for fraud because they were excepting monies without producing vehicles or meeting promised deadlines.

At 80 billion this becomes really the only serious player that is well funded and could dominate the market before others could get a serious foothold.

Unless somebody really nails the meat of the delivery trucks,the 16’ step van,you could really take a Prius or a Tesla chassis and stick a box on them for inner city deliveries.

Like post office size trucks,but then to get the same capacity,they would have to double the fleet and labor pool to drive it.

The post office is in the bidding process for 200,000 electric or hybrid or gas powered delivery trucks,Ford combined with Oshkosh,who is the military truck builder/supplier is one of the bidders.

But as a gas powered and not hybrid or electric like the other bidders.

You would think if Ford is into Rivian they would be placing that bid as a EV versus fossil fuel driven.

So there is a standing order of 400,000 EVs but nobody has been able to fill them and the one company that was actually building them ,ran out of funds because of not enough interest.

Not to go politics but politics is playing a major role in this with making incentives for potential purchasers and funding research to the tune of billions.

Like what happened in solar,a upstart could capitalize on that but that is all subjective to change on a dime according to who is in the main administration.

Solar was in a roll until it stopped being incentivized then the market fell out and repeated that cycle in every country in the world.

It appears as the objective is with making grocery getter trucks for the general market verses the needs of Amazon and its standing order.

Lordstown as of now is the only one that is or can produce a higher GVW rated truck that can be used in fleets.
Too bad Lordstown can't find a customer who's willing to buy them.