Faraday Future FF91: 1050bhp EV production may finally begin
At FOUR|8 Commercial an investment of $3.2 billion would result in 3 to 4 factories operating at full capacity, producing 100,000 or more vehicles each, in various countries around the world, within 5 to 10 years. And investors would be able to keep $2.2 billion of their money left over, as it is not needed. […]
Automakers’ CEO Compensation Rose Nearly 80% In 2021
Here is another example for why automotive startups are burning through cash at an alarming rate and are struggling to stay afloat. Many recent articles talk about lay-offs and reductions in jobs, while this article talks about a company that has hardly started production and has burnt through hundreds on millions so far, and their […]
Tesla’s Cutting 229 More Jobs As Rivian Plans Meeting On Friday To Address Layoffs
This is why at FOUR|8 Commercial, we believe in a sound business model and a future focused technology that does not require excessive levels of staffing to mass produce vehicles. Old tech is prone to the needs for mass employment, and while that sounds really good when applying for incentives from government, someone always has […]
Start-up Arrival warns it could lay off 800 staff to fund van project
Here at FOUR|8 Commercial, we believe the response to “the challenging economic environment” begins when you write your business plan and never ends until you are a successful business. That is why we have chosen to use vehicle structure technology and a manufacturing process that will dramatically reduce all the high costs associated with old […]
Battery makers warn the EU about lithium proposal
Here at FOUR|8 Commercial, we believe that we all need to be accountable for what we use and how we produce things. We cannot just ignore the science in favour of the dollars, as this is a dangerous path to take. The planet and its inhabitants cannot sustain such abuse much longer. If the research […]
EV prices soar, as one exec warns of market “collapse” if they don’t get cheaper
Here at FOUR|8 Commercial, we believe that the key to the automotive future and it’s sustainability lies in finding a better and more financially efficient way to produce vehicles. That is why we are focused on new technology that will reduce the investment required to get to production from the billions needed for the old […]
Bigger batteries in EVs could lead to colossal boost in particulate emissions—from tires, study suggests
Here at FOUR|8 Commercial, we recognized this issue from the beginning and that is why we decided to focus on developing the Whole Vehicle Solution. Putting heavy batteries into an old traditional and heavy chassis makes for a very inefficient solution. FOUR|8 Commercial will develop vehicles using state-of-the-art new technology with a ground up design […]
Lordstown Endurance electric truck production needs more cash, even if Foxconn deal doesn’t fizzle
These are the challenges a start-up faces when they enter the automotive industry, using traditional old and high capital intensive vehicle and production technology. Using the same technology as the long standing industry leaders in this segment, makes the challenge of entry into the market even greater. At FOUR|8 Commercial, we have no intentions of […]
EV maker Canoo is in danger of going out of business
Once again we see another example of the challenges a start-up faces when they enter the automotive industry, using traditional old and high capital intensive vehicle and production technology. Using this same old technology makes the challenge of entry into the market even greater. At FOUR|8 Commercial, we have no intentions of being just another […]
Rivian to receive $1.5 billion incentive package for Georgia plant
When you are tied to old technology that requires massive amounts of capital investment, it is not sustainable as a business model and falls short of all businesses ESG (Environment, Sustainability and Governance) requirements. When you have so much debt and so much given to you in incentives, then your business is focused on the […]