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To: 613 who wrote (27373)6/14/2019 4:03:34 PM
From: dimtint
3 Recommendations   of 29174
 
<<Ferrari>> I was probably at that meeting too. There is no doubt in my mind that the price reflects the history of those kind of statements. One reason I follow it closely now is b/c I took a lot for granted then

19 is not like the s550 + the s450 + the s350l make 3 models. MB's 5 models are slc, sl, s sedan, maybach and s coupe so just 5. Same with mclaren just 4 and 2 rivians. total is 11 which leaves 9 unaccounted for. I asked Joe directly about that.

It's different imo. but you have to decide what to believe obviously.

one more point in terms of hit/gauzy. If the film cost scales with size, which it does pretty much, then the cutting waste for a 30 +24 inch sunroof with 40 inch hitachi film is like 25% more than Gauzy coating at 30 inches right off the bat all else equal. Gauzy is also making less expensive film--they don't have the sunk cost to make up. Cost matters a lot. Not to mention customer service

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To: 613 who wrote (27373)6/14/2019 5:55:45 PM
From: N. Dixon
   of 29174
 
Who are you trying to convince of this "downside." The market decides the future of SPD. With 19 models looking at it for products (spending their own monies to do this) we can extrapolate from that there is a lot of interest in the automotive sector. With the revealing that a model that will "dwarf" Mercedes will be produced in 2020, we know that revenues will increase. From the 3 people I've spoken or messaged with, the takeaway from the meeting was that revenues can start being significant, i.e. close to profitable, within the next 12-18 months.

ND

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To: dimtint who wrote (27371)6/14/2019 8:33:38 PM
From: JubilationT
   of 29174
 
Joe said that model will dwarf all the SPD used currently across all industries.

Meaning as "standard equipment"...sounds like.

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To: JubilationT who wrote (27376)6/14/2019 11:19:53 PM
From: wallstreetbull
   of 29174
 
I guess some people dont understand the term "dwarf". Lol

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To: JubilationT who wrote (27376)6/15/2019 7:51:53 AM
From: slipperywhenwet
1 Recommendation   of 29174
 
"Meaning as "standard equipment"...sounds like."

Possibly the use of Continental's Intelligent Glass System throughout vehicle.

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To: slipperywhenwet who wrote (27378)6/15/2019 2:58:50 PM
From: firstresponder
4 Recommendations   of 29174
 
Possibly the use of Continental's Intelligent Glass System throughout vehicle.
Welll, we know Continental used the Ford Mondeo to test their IGU system. And we know that Ford has invested $500 million that will help Rivian's first two EVs get off the ground.

Then there's this interesting bit of speculation from Business Insider as to where the Rivian/Ford partnership might be headed:
In a statement, Ford and Rivian said they had "agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford's growing EV portfolio" using Rivian's platform.Neither company indicated whether that would be a pickup. Ford's F-150 pickup has been the best-selling vehicle in the US for decades, and the carmaker has said it intends to electrify the truck. That process is now well underway.
BIG "if," but the entire F-Series sold about 900K trucks in the US in 2019. The F-150 accounted for over half of them. Even if it's not the F-150, to me Ford still sounds like a good bet as a Continental IGU customer because:
Ford said in March 2018 that globally it will be creating 16 fully electric vehicles and 40 electrified vehicles through 2022.

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To: JubilationT who wrote (27376)6/15/2019 6:52:46 PM
From: dimtint
1 Recommendation   of 29174
 
<<<Joe said that model will dwarf all the SPD used currently across all industries.

Meaning as "standard equipment"...sounds like.>>>

There's Dwarf and Dwarf. Even including MARs as though they were from product sales. RFI runs roughly 1.5 million/ year in revenues. That's 2500 sunroofs/quarter at $150/sunroof. There's plenty of room to grow:)

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To: dimtint who wrote (27380)6/15/2019 7:07:46 PM
From: dimtint
   of 29174
 
1Q19 fee income was $418,657 total. AGC was 31% of that or $129k so at $200/sunroof on the SClass (nothing from trains) there were 650 S classes made with SPD in 1Q.

Next year, if some of it happens, we will see a huge percentage revenue jump.If SPD goes into a package and that package goes into 25% of the 80k s class sedans made in the first year of the new model or 5000/quarter even at $100/unit that's like a good quarter right now.

The dwarfing vehicle, lets say is also $500k/quarter--that dwarfs the $330k odd the non-MAR fee income is now.

Oddly Rivian, I'm guessing is similar
Add mclaren whcih did$41k in 1q without the GT and with the 720 just starting maybe is worth $80k quarter.

There are 8 more vehicles slated fro next year that aren't on the list, while the slc and sl go away, plus whatever AGP has in the pipeline and you could easily come up with ways to get mildy profitable and growing within the next 6 quarters.

Joe had a slide up of the Rivians and I asked if the dwarfing vehicle was one of the ones on the slide and he said no. It's something else.

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To: dimtint who wrote (27374)6/16/2019 1:22:17 PM
From: tinknocker
1 Recommendation   of 29174
 
then the cutting waste for a 30 +24 inch sunroof with 40 inch hitachi film is like 25% more than Gauzy coating at 30 inches right off the bat all else equal.
So Dimtint,
It leaves one to wonder what Hitachi, or RFI or whomever lays claim to a one, two or three year long roll of ten inch wide SPD film does with it ?
Could it be that the cost was eaten by Mercedes/pilk/agp ie they had to pay hitachi for the film by the board foot ?
if Mercedes is Hitachis primary end customer for film and they lose them to Gauzy, will they cease production or change strategy ?

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To: tinknocker who wrote (27382)6/16/2019 6:52:11 PM
From: tinknocker
1 Recommendation   of 29174
 
Nevermind, silly me, Invisiblinds...

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