Podcasts about blue oval city

Thanks to the Memphis Sands Aquifer, Memphis has some of the best drinking water in the world. But the quality of that water may be at risk due to the recent Supreme Court ruling in Sackett v. EPA, which stripped federal protections from a massive amount of wetlands across the country, including the wetlands that help "recharge" and filter the water flowing into our very own aquifer. Recent state legislation introduced last year, and still under review, sought to further roll back wetland protections in Tennessee in favor of development. And with the wetlands in West TN sitting right under Ford's under construction "Blue Oval City," the need to protect these "superheroes" of nature is more vital than ever. Sarah Houston, Executive Director of Protect Our Aquifer, joins the podcast to help explain the importance of the aquifer, not only to Memphis and Tennessee, but also the greater Mid-South region. She dives into the details pertaining to this proposed legislation and explains why protecting these wetlands is one of the truly most bi-partisan issues imaginable. Houston also discusses how the changes proposed by these bills could drastically affect waterways, water quality, and ways of life throughout the entire state of Tennessee, from recreational fishing and hunting, to agriculture, to whole economies in regions throughout the state.

Want to add strategic pricing to your marketing tool box? Go to InteliChek or call 877-827-7273 and ask about our InteliShare Series!   InteliShare  contains all of our promotional tools that you can use to promote your favorable prices, including our InteliAds, the printable flyers that you can show off in easel displays, InteliMedia, for your Digital Media Boards AND InteliWidgets, so you can show off price comparisons on your website and even let your customers schedule from the widget.   Summary The conversation delves into the development of BlueOval City in West Tennessee, highlighting the collaborative efforts of local economic development leaders. They discuss the historical context of the project, the challenges faced in infrastructure development, and the long-term benefits expected for the region. The recent announcement of delays in production timelines raises concerns, but the speakers emphasize the importance of preparation and the potential for future growth in the automotive industry. They also address the political dynamics surrounding electric vehicles and the need for diversification in the local economy.     Takeaways The development of BlueOval City is a collaborative effort among local leaders. Infrastructure challenges have been significant but are being addressed. The project is expected to create tens of thousands of jobs in the region. Delays in production timelines are not uncommon in large projects. Ford's investment is seen as a long-term commitment to the area. The automotive industry in West Tennessee is poised for significant growth. Local communities are preparing for the influx of new residents and businesses. The importance of diversifying the local economy is emphasized. Political dynamics play a crucial role in the future of electric vehicles. The project is viewed as a transformative opportunity for West Tennessee.   Sound Bites "This is the gift that keeps on giving." "We need to make sure that we continue to diversify our economy." "The delay is beneficial for all of us."   News Clips: ABC24 Memphis NewsChannel 5 Nashville WBBJ-TV Jackson   Music: Soul Shifters-Isn't It Something Adrian Walther-TPS Report Reves Francias-Melange Francias Desert Dive-Hoedown Hype Reveille-Spirit Guide     This episode is possible with the help of VISPERIO Performance, which provides tailored solutions to ignite Automotive Dealership Fixed Operations Performance & Profit.  Find out more at: https://visperio.com/

Congressman David Kustoff stopped by Memphis Morning News today to talk about Blue Oval City production, the Presidential race,  the expected outcome in the down ballot races in November and the effects of apathetic suburban voters on Shelby County Government.Support the show: https://www.newstalk989.com/personalities/memphis-morning-news/See omnystudio.com/listener for privacy information.

The Ford Motor Company's $5.6 billion dollar manufacturing facility known as Blue Oval City, promises to impact our area with a major population growth of around 90,000 new residents. Pastors' Danny Sinquefield and Jay Stephenson share efforts that the TN Baptist Mission Board is making to address this developing growth in light of the Gospel.

Join our live, virtual event for Memphis BRRRR properties on June 25th. Free. Sign up now at: GREmarketplace.com/webinar Compound interest in stocks gets worn down to less than nothing due to: inflation, emotion, taxes, fees, and volatility. I focus on the little-understood deleterious effects of volatility. DON'T focus on getting your money to work for you. Learn what to focus on instead. Compound leverage and OPM are the wealth-building flexes. We discuss how to use a lower down payment to achieve a potential 20% cash-on-cash return with the BRRRR Strategy. Join our live, virtual event for this at: GREmarketplace.com/webinar Resources mentioned: Join our live, virtual event for Memphis BRRRR properties on June 25th. Free. Sign up now at: GREmarketplace.com/webinar For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  You get paid first: Text FAMILY to 66866 For advertising inquiries, visit: GetRichEducation.com/ad Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  GRE Free Investment Coaching: GREmarketplace.com/Coach Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Keith's personal Instagram: @keithweinhold   Complete episode transcript:   Keith Weinhold (00:00:01) - Welcome to GRE. I'm your host, Keith Weinhold. Compound interest is weak. What kind of iconoclastic heresy is that? Oh, I've got even more. Including. Don't get your money to work for you. This is a wealth building show. So why don't we discuss 401 days in IRAs here? It's precisely because they're not designed to build wealth. We'll get into that then. A way you can achieve higher property, cash and cash returns than you can with buy and hold real estate today and get rich education.   Robert Syslo (00:00:38) - Since 2014, the powerful get Rich education podcast has created more passive income for people than nearly any other show in the world. This show teaches you how to earn strong returns from passive real estate, investing in the best markets without losing your time being a flipper or landlord. Show host Keith Wine, who writes for both Forbes and Rich Dad Advisors and delivers a new show every week. Since 2014, there's been millions of listeners downloads and 188 world nations. He has A-list show guests include top selling personal finance author Robert Kiyosaki.   Robert Syslo (00:01:06) - Get Rich education can be heard on every podcast platform. Plus it has its own dedicated Apple and Android listener. Phone apps build wealth on the go with the get Rich education podcast. Sign up now for the get Rich education podcast or visit get Rich education.com.   Corey Coates (00:01:23) - You're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold (00:01:39) - We're going to go from Saint Helena Island to Helena, Montana and across 188 nations worldwide. I'm Keith Weinhold, and you are listening to get Rich education. Compound interest is weak. Compound leverage is powerful. And with both available to most anyone, why don't you have more leverage in your financial life? That was a long time listener. You probably understand that if you're a newer listener, your reaction to that is like, wait, what? I mean, your inner self is telling you something like that challenges my existing longtime belief about how compound interest builds wealth. In fact, I will fight to protect this core belief. Even Albert Einstein purportedly called compound interest the eighth wonder of the world.   Keith Weinhold (00:02:36) - All right, well, let's break down compound interest until it looks as impotent as it is, as pathetic as it is, and as fallacious as compound interest is in the sense that it applies to your life as an investor. Now understand, I once thought the same limiting way that perhaps you once did, and that most others still do. When I was out of college and at my first job, I thought that there could be nothing better than getting my money to work for me with compound interest. Oh, and then maybe even the layer on top of that with the tax efficiencies of, say, a 401 K, 400 3B4 57 plan or an IRA. Then I took a real interest in this stuff, and I soon learned that I don't want any of those things because they don't build wealth. I don't want compound interest. I don't want to focus on getting my money to work for me. And I don't want any of those government sponsored retirement plans either. And that's why today I don't have any of them now, I remember when I had this one particular appointment, a financial planning appointment a few years ago, and I had it with what I'll call a conventional financial planning firm.   Keith Weinhold (00:03:56) - Maybe I remember it so well because it was an in-person meeting. It was in a tall office building that I went to and visited in downtown Anchorage, Alaska. And when I was in this money manager's office where basically what he was trying to do is win me as a new client. That's fine. That's his business model. Well, he had this big paper and cardboard sort of laminated charts thing resting on an easel, and this chart was prominently placed in his office so that I or anyone could see it. It showed the rate of return over time of. And I forget which index it plotted. It was either the Dow or the S&P, but no matter. It showed the return line going up and to the right for over 100 years. Your classic chart go up. It gave the impression to a prospective new client like me that, oh well, I had the opportunity to buy into this. And if I just invest my capital with this money manager and pay him fees for managing it for me now, I was at the point where I was starting to become better educated on these sorts of things compared to a layperson, for sure.   Keith Weinhold (00:05:06) - And I had been a real estate investor for a while at this point. Well, that physical chart in his office resting on an easel, it showed something like an 8 or 10% stock market return over time. Let's just be kind and call it 10% annually. And that's the first time in my life that I ever remember asking the question when I asked that money manager something like the chart shows a 10% market return, but what would my return be after inflation? Emotion taxes, your fees and volatility. Mic drop. You could hear a pin drop. I'll tell you what. That money manager almost froze. He didn't know what to say. I just remember, he began his reply, starting with talking about how inflation was low at the time. And yes, CPI inflation was low at that time, but he just didn't have a good answer for me. He was overwhelmed. He may have not ever had anyone ask him a question like that in his life. That sure is how he acted. And needless to say, I left his office that day without ever becoming one of his investors.   Keith Weinhold (00:06:17) - All right, so then let's dig into it. I've scratched the surface a little. What is the problem with, say, a 10% average annual return compounded over time? I mean, that sounds rather attractive when it's presented that way. Well, first, what do you think that the real rate of. Long term inflation is some make the case that it's still 15% today, even though the current CPI is 3 or 3.5%, and anyone that's looked at it feels that measure, the CPI is understated. So what do you think you want to use 6%. How about 6% as the long term true diminished purchasing power of the dollar? Okay then will your 10% stock market return -6% or you're already down to a 4% inflation adjusted return? Then there's the emotional component to buy and sell at exactly the wrong time, because no matter what people say they're going to do, most people want to sell when stocks are low because they're discouraged and they're just tired of taking their losses and they want to cut their loss. And then conversely, people want to buy when stocks rise because they're encouraged and they say they're a momentum investor and they experience FOMO if they're not in and riding the stocks up, well, what did you just do then? You just sold low and bought high.   Keith Weinhold (00:07:42) - How much does that emotional effect drag down your 4% inflation adjusted stock return that were already down to now? I mean, are you already at less than zero? Then there's taxes. Even in a 401 or IRA, you either pay the tax now or you pay the tax later. It's not tax free. How far below zero is your real return? Now that it's taxed? The IRS won't adjust your tax for inflation on a capital gain. Then tack on the investment fees, which can be 2% or higher. If you've got a professional money manager like the guy I met with in downtown Anchorage, or the fees can be really low if you are in an index fund. But how far below zero are you now? And that brings us to the last drag on compound interest in the stock market. We're not even done yet, remember? Okay, all we've done now is deduct out inflation, emotion, taxes and fees. What about adjusting it down further for volatility. Let's look at how deleterious volatility is to this floored compound.   Keith Weinhold (00:08:48) - Interest builds wealth thesis right here. Because you know on a lot of episodes we've just glossed over that. It just comes down to math. If you're up 10% one year and down 10% the next year, you're not back to even run the math and you'll see that you've lost 1%. That's just simply math. And now I'm going to get wonky here for a moment, and I'll use a more extreme example to demonstrate my volatility point for you. But I must get that way in order to debunk this myth about how compound interest builds wealth, or the getting your money to work for you builds wealth. Time spent making up lost returns is not the same as positively compounding your return. Any time you're looking at the annual average performance of an investment, it is vital to check how that performance has been calculated. And bear with me here for a minute, because this is substantive. Say your collection of stocks or whatever it is, just your overall portfolio value. It doesn't matter. Say it's up 50% one year, down 40% the next, then 50 up 40, down 50, up 40 down again.   Keith Weinhold (00:10:05) - All right. That right there was a 5% average annual return. But your average annual return. That is a lie because a 5% return through arithmetic performance. That sounds better than what really just happened to your money. So in a mutual fund prospectus, you might see that as a headline number, the 5% average annual return. But that's a lie in the small print. That's where you're more likely to see this CAGR, the compounded annual growth rate, and the CAGR. That's usually going to be worse than what the average annual number is. That headline number. And in our example, the CAGR is -5.1%. In this case that's the geometric figure. That's what you really want to look at not the arithmetic one. It looked like the market was up 5%, but your real return on your money was down 5.1%, a delta of 10.1% then. And the more volatile your returns are, the wider and wider this difference becomes. Now, if there were zero volatility, your average annual return, the arithmetic thing and the CAGR, the geometric thing, they would be the same and there wouldn't be any need to have this discussion.   Keith Weinhold (00:11:35) - This discussion is. Germane because volatility exists in the stock market and its related derivatives. So small differences over time compound and see really the problem is over the decades in your conventional retirement account, if you think that you're going to be quadrupling your money over time, but you only double your money over time, now you can see how this becomes a major problem. Come time for your retirement when it's too late. All right. Now, if you didn't follow that part because there were a few numbers flying around, just remember this time spent making up for lost returns is not the same as positively compounding your return inflation, emotion, taxes, fees, and volatility that just broke down any conventionally invested nest egg to less than nothing. This is why volatility is worse for investments than most people think. Well, we had someone write in to our general mailbox a while ago. And by the way, we like to hear from you. You can always communicate with us here at GR either through email or voice at get Rich education.   Keith Weinhold (00:12:52) - Com slash contact that's get rich education comment. I'd love to hear from you and really appreciate having you as a listener. Well, a listener wrote in on our inbox. They're asking why, if we're a wealth building show, why don't we talk about the benefits of 401 or IRAs? Well, it's squarely because those things don't create wealth. They aren't even designed to build wealth, but they create the illusion of doing so, partly due to the myth of compound interest that I just explained. But there's more outside of any employer match for IRAs and just generally investing cash in mutual funds or stocks or ETFs, they all have another gigantic problem. It could be a problem even bigger than the compound interest fallacy, which I just addressed. And that is all you're trying to do is get your money to work for you. Getting your money to work for you does not build wealth. Show me some evidence that it does. All right. Well, what's the problem here with these 41K and IRAs? I think you know, where I'm going is that you don't get any leverage.   Keith Weinhold (00:14:06) - Where is your leverage? Every single dollar that you lock away there means that you don't get the opportunity to ethically use three x or four x of what you've invested in OPM, other people's money, which you can build wealth off of. Where is your compound leverage with those conventional vehicles? It's gone. It never existed in the first place. Plus there's typically zero monthly cash flow. Plus you could have it invested where you don't legally have to pay any tax. Instead any tax, because retirement fund investors either pay tax today or pay tax later. Real estate can permanently mitigate income tax like you can get with real estate depreciation and absolutely zero capital gains tax on your real estate with the 1031 exchange. But let's not let the compound interest versus compound leverage case go to rest here just yet okay. How does then compound leverage build wealth instead? Well, the most available means for you to get access to leverage OPM is with real estate. Well, let's just look at what's going on today. Today, per the Fhfa, national home prices, they're up 6.6% year over year.   Keith Weinhold (00:15:26) - That's the latest figure that's not too different than historic norms. All right then. Well, if one year ago you had made a 20% down payment on a property that's 5 to 1 leverage, so you just take your 6.6% home price appreciation rate multiplied by five, and there's 33% for you. You went from a 6.6% return on the asset to a 33% return on your money, because you got the return on both your money and the bank's money. The majority is from the bank, OPM. So if you got a 33% return in year one, maybe it's 26% the next year and 21% the following year. It will go down over time as equity accumulates. And that's compound leverage. That's the wealth builder. And notice what else? Now that you know how destructive volatility is to returns, there is less volatility in real estate asset values. So now you're really on the path because you have a durable wealth builder. And then of course in real estate those high leverage returns are one of just. Five ways you can expect to be paid, but that one is the biggest leveraged appreciation.   Keith Weinhold (00:16:41) - That is the biggest return source of the five over time. And now you better understand why you don't want to set up your investor life to optimize getting your money to work for you. You don't want that. It's to get other people's money to work for you. And my gosh, mathematics makes compound interest in getting your money to work for you look amazing. But the real world proves that compound interest in getting your money to work for you is a farce, and it will keep you working at a job, maybe a soulless job until you're old. But the sheep believe it. You're listening to this show, so you're not a sheep. You're not among the masses. If you do what everyone else does, you'll only get what everyone else got. If you want wealth for yourself. All right, well, then, do you see that? You would have to think differently. And do you think that you would have to learn new things and then act differently than the masses? Well, yes, of course you do.   Keith Weinhold (00:17:41) - You can either go through life as a home run hitter or as a bunter. Most people are afraid to do anything other than learn how to be a bunter. And that's why the most popular personal finance platforms give the worst advice that limit you and keep you small. It's because they're talking to people with average or below average mindsets, not below average intelligence, but an audience of average or below average mindsets, which are the masses and they're just striving to get to a level of mediocrity, okay. They cater to financially irresponsible people that are just trying to get up to a mediocre level. And you know what? I was recently listening to one of these shows, I'll call it, a get rid of your debt and invest for compound interest and get your money to work for you shows. One caller called in. He and his wife got a $60,000 windfall from an heir. And they're wondering what they should do with the money. And they owned a home valued at 500 K, with 320 K left on the mortgage, which was a 3.25% interest.   Keith Weinhold (00:18:53) - And the guidance that the host had for this caller. I'm not kidding. Here was to use the 60 K to pay the 320 K mortgage down, so then they'd only owe 260 on the mortgage. I'm not kidding. That was the recommended course of action. And this is not an aberration. I've heard this same guidance with other callers on this conventional show. I mean, the opportunity cost of such a misguided move, what has he done when he pays down his mortgage? 60 K like that. He lost liquidity, he lost leverage. And it didn't even help with his cash flow. Because with a fixed amortizing loan, your monthly payment is the same the following month. Anyway, that 60 K, instead of being used to pay down a mortgage that could have been leveraged again by purchasing, say, a 250 to 300 K rental property. So my point is that conventional guidance does not build wealth in financial freedom. When you're actually young enough to enjoy it, you do things like learn how to get out of debt and then solely grind for decades, doing so, all while paying the opportunity cost of being leveraged less for the opportunity cost of targeting something like debt free, which is the wrong target rather than being financially free.   Keith Weinhold (00:20:18) - It's just like, if you want a wealth coach, well, then you don't hire and listen to guidance from a mediocrity coach. It's the same is if you want to learn how to skydive, then don't ask a basketball coach because you're going to die. We practice what we preach here at GRA. Now me what would I do if I had a paid off rental property or paid off home? Well, first, I've never had any residential rental property paid off in my life. Not one. Although I could, I'd recognize the opportunity cost of zero leverage. But just say, hypothetically, a paid off home fell in my lap. What's the next thing I do? I would go get the maximum loan against it, and then I'd have access to cash that I could invest in other properties. But what about these new loans that I'm taking out? What happens with them? I'm not concerned because both tenants and inflation pay it down passively, without my involvement at all, without my grinding for it at all, without me trading my time for dollars at all.   Keith Weinhold (00:21:27) - Well, I am really glad that we got into this here in the first segment of today's show. If you're near the show, it probably gave you a starting point for. Some new topics to search. Maybe you should start with learning the difference and reading more about average annual return versus compounded annual growth rate. It's really eye opening. And yes, you've heard me say on the show before that stock returns are dragged into negative territory with inflation, emotion, taxes, fees and volatility. And what's new here today is that I took the volatility component and broke it all the way down for you. There is a real paradox out there in America and elsewhere. You know, people spend all this time learning about how work works, zero time learning about how money works. And yet money is the main reason that people go to work. So congratulations so far on educating yourself some more today. Suffice to say, compound interest does not build wealth. If you're focused on getting only your money to work for you, you are really missing out on leverage through OPM.   Keith Weinhold (00:22:38) - And the good news here is that you actually don't have to believe everything that you think. Even if you thought the same way for years or decades. Chances are you're by yourself when you're listening to me right now. So that way you can change your mind all on your own without anyone thinking that you're wishy washy. Is it iconoclastic? Yeah, sure it is. If you're going to live an outsized life, if you're going to have an outsized impact in this world and on others, then you don't want to get labeled as normal. I mean, me, myself. I want nothing to do with normal. You can learn more on topics like this with our Don't Quit Your Day Dream email letter that makes it visual for you. Get it free at get Rich education com slash letter I write every word of the letter myself again. Get it at get Rich education.com/letter or it's quicker while it's on your mind right now. Text gray to 66866 to get the letter. Text gray to 66866. More straight ahead on how to potentially achieve cash on cash returns of 20% plus with real estate today.   Keith Weinhold (00:23:58) - That's next. I'm Keith Reinhold. You're listening to get Rich education. Your bank is getting rich off of you. The national average bank account pays less than 1% on your savings. If your money isn't making 4%, you're losing your hard earned cash to inflation. Let the liquidity fund help you put your money to work with minimum risk. Your cash generates up to an 8% return with compound interest year in and year out. Instead of earning less than 1% sitting in your bank account, the minimum investment is just 25 K. You keep getting paid until you decide you want your money back there. Decade plus track record proves they've always paid their investors 100% in full and on time. And I would know, because I'm an investor, to earn 8%. Hundreds of others are text family 266866. Learn more about Freedom Family Investments Liquidity Fund on your journey to financial freedom through passive income. Text family to 66866. Role under the specific expert with income property you need. Ridge lending Group Nmls 42056. In gray history from beginners to veterans, they provided our listeners with more mortgages than anyone.   Keith Weinhold (00:25:21) - It's where I get my own loans for single family rentals up to four Plex's. Start your pre-qualification and chat with President Charlie Ridge personally. They'll even customize a plan tailored to you for growing your portfolio. Start at Ridge Lending group.com Ridge lending group.com.   Ken (00:25:48) - This is Rich dad advisor Ken McElroy. Listen to get Rich education with Keith Reinhold and don't quit your daydream.   Keith Weinhold (00:26:06) - We're talking about how to profit more and faster than with buy and hold property with the BR real estate investing strategy will tell you more about a live virtual event tomorrow night, with more about it where you can attend from the comfort of your own home and have any of your questions answered in real time. And can is with me today to talk about it. Welcome in. Hello, Kate. Thank you. Thank you for the invitation to be.   Ken (00:26:32) - A part of the get Rich education podcast.   Keith Weinhold (00:26:34) - Oh, we're honored to have you. Tell us a little more about yourself. First, you're Memphis based and you're part of a real estate family. Your wife is a realtor.   Keith Weinhold (00:26:44) - Yes, that is true. I have been in.   Ken (00:26:46) - The real estate industry in Memphis, Tennessee since 1992. I believe I was born to be in real estate. If real estate's in my DNA. If you cut me open little houses, duplexes, commercial buildings and multifamily apartments will drip out. I am pure real estate.   Keith Weinhold (00:27:05) - And you definitely came up in the right place for that. For us major metros, you're in perhaps the best cap rate market. Now. A lot of people are familiar with fix and flip real estate, maybe something that they've seen on HGTV where you buy low, you fix it up and you sell it for more. In fact, a lot of people think that's what real estate investing means. And others, they think of real estate investing more passively by identifying a good property that's already fixed up for you with a tenant in it, and ready property management. That's sort of the turnkey way. Tell us more about the BR, where I think of it as using elements of both the fix and flip world and the buy and hold world, putting them together to produce high returns and even infinite returns.   Ken (00:27:54) - That is correct. So what we're doing and what we offer, it's a hybrid, turnkey and BR, we call it BR key a nice. So basically that acronym as you know it stands for buy, renovate, rent, refinance and repeat. And we've added the key to it because we do all of the turnkey worked for our investor clients. We do all of the heavy lifting. So we turn BR into a passive investment where we find properties through our sourcing, we vet the properties and then the properties are offered to investors in as is condition. We provide a desktop appraisal which provides a future estimated after repair value after the property has been renovated. We seek out appraisers who are certified, who are licensed in the areas in the markets that we provide properties in, so that we're not just shooting at the door on a future value, basing the values on what Trulia says or Zillow or Redfin and what have you. So it's a real certified value from a licensed appraiser. Then we have licensed contractors to provide the scope of work and an estimate on how much the renovations are going to cost.   Ken (00:29:24) - And then we do we have a relationship with an in-house property manager. The property manager markets the property, leases the property out, and our target market is partially section A, government subsidized tenants, because we found that in the Memphis, Tennessee area is that section eight pays more than market rate in most instances. And I like to say that section eight rent payments, the recession proof, they're Covid proof, they're pandemic proof. I have not received a call yet. And section eight says, hey, we could not get your section eight payment out because of Joe Biden not being able to sign the check, or he didn't work last week, or Donald Trump could not sign the check or what have you. But time and time again, those section eight payments, even during the pandemic, they always showed up at the beginning of the month without fail.   Keith Weinhold (00:30:25) - I have rented to section eight tenants myself, and I can attest to that. That check just keeps coming in. You have to have a case manager come in and take a look at the property.   Keith Weinhold (00:30:38) - Prior to that section eight tenant being placed. Section eight a government subsidized housing program for those that qualify. But now that we've talked about the tenant, some what which is the rent are if we look back at the first are in the borough that is the rehab. You could also call that first are renovation. And really what you're doing there is you're eliminating friction for a lot of people because one thing that turns. People away from the Bir or concerns them about the BR. Is that first r the rehab because they find it daunting or intimidating to manage contractors? A lot of people don't want to have to manage contractors, and those that do, they don't want to do it again. But the thing is, is that you formed a team of contractors, property managers, project managers to manage those contractors and lenders to assist with that entire BR key process, making it pretty hands off for the investor.   Ken (00:31:37) - That's absolutely correct. So we have the relationships with contractors your locally that we've vetted that have proven themselves.   Ken (00:31:46) - They're true blue and these contractors have withstood the test of time. We develop relationships with electricians, plumbers, heating and air conditioning guys, roofers, painters, flooring experts, guys that can do kitchen cabinets, countertops, everything from the router to the tuner. And we also have excellent relationships that we've developed not only with the big boxes, Home Depots, Lowe's, but there are actually many locally owned mom and pop family owned supply houses that we are able to get better prices on some items versus the big boxes. So if those savings are passed on to the investor clients that our project managers and contractors are renovating those properties for.   Keith Weinhold (00:32:41) - I want to talk more about how that's actually going the actual track record with that team. But before we do, if we talk bigger picture, let's look at some real numbers on an example property so that one can understand the overall process. On why BR is attractive to investors, and why they can put substantially less money into the deal than they can with what we would call a deal that's already completely done for you.   Keith Weinhold (00:33:08) - Turnkey.   Ken (00:33:09) - Yes, and I like to use a $100,000. It's a nice round number, right.   Keith Weinhold (00:33:16) - Inflation is basically it, but you can still find some.   Ken (00:33:19) - Yes. So an example said hypothetically, if we had a vetted property that was available to be purchased by an investor client, and that appraised value after repairs is estimated to be $100,000, we simply take 75% of that after repair value of $100,000, and we arrive at 75,000. So we work in reverse, in a sense. And if the contractor has estimated that the renovations, labor and material cost is going to be $25,000, 75,000, 75% of the 100,000, -$25,000 in renovation expenses that would leave $50,000. So the actual purchase price of the property would be $50,000 plus $25,000 in renovations. So the investors approximate all in is $75,000. That doesn't take into consideration title company fees, homeowners insurance. We encourage all of the investor clients to get a six months builder's risk policy from one of our sources that we use here locally, but of course, all of the investor clients are free to use or choose whomever they'd like to.   Ken (00:34:53) - So the property is purchased for 50,000. The renovations, which are high quality, are done for 25,000. So now the investor is all in for $75,000. Now we're at that second stage, and many times the renovations are completed before the property is rented. So though that second and third are kind of interchangeable, sometimes we the property's refinanced before it's rented, sometimes it's rented before it's refinance. So in a perfect world, the property has been rented to a client. So if the client's all in for $75,000 and we have what we created, our own 1% rule of thumb. So if the investor is all in for 75,000 and the numbers are still based on renting it for maybe 1% of the value. So we find that our rent versus price return is more than 1%. So in many cases we blow that 1% out of the water. We're talking about the.   Keith Weinhold (00:36:01) - Monthly rent being 1% or greater of the overall value or purchase. Price of the property.   Ken (00:36:06) - Yes, sir. That's true. That's correct. So after the property is rented for, let's say, $1,000 per month.   Ken (00:36:15) - Now it's time to get the property appraised. We do have lending partners that are very experienced with investment refinancing, whether it's conventional or whether it's DSC or refinancing. So now the appraiser comes out to the property after the investor client has made loan application. The investors appraiser comes out and voila, the property is totally renovated. It's rented out. The appraiser appraises the property for $100,000 plus or minus. It may appraise for 95, it may appraised for one T, and so on, so forth. So what happens with the investment refinancing the loan to value or LTV is usually 75%. It's not typical for the lender to refinance at 80% or 85% of the refinance. But with investment financing, refinancing nowadays is typically 75%, so the praise is for 100,000. The lender lends 75% of the 100,000, which is 75,000 on the refinance. So now the investor who has paid cash or possibly obtained a hard money loan or private financing in order to purchase the property, their coffers are replenished with it. 75,000 were either the hard money or the private.   Ken (00:37:42) - Long is paid off, and the investor now has a property that they've refinanced for 75,000. That's worth 100,000. But the key is now they've refinanced and they're at that final, or now they're able to repeat the process, rinse and repeat, re-up whatever you want that are to me. But it basically means you can reuse that $75,000 again to purchase your second property. Third property, you're able to scale quickly or pay off the hard money lender. And the hard money lender says, hey, I don't need this $75,000. Do you own it again to buy property number two? We're property number three. And it just goes on. And I'd like that word that to use key efficient.   Keith Weinhold (00:38:28) - Right. Because in at least one of the scenarios you described there, you would have no money left in the deal and 25% equity in the property.   Ken (00:38:37) - That is correct because even though the investor is all in for 75,000, that new roof, the new windows, the new luxury vinyl plank flooring, the new HVAC system and so on, so forth.   Ken (00:38:53) - Those improvements cause to happen is called force appreciation. It's worth more than $75,000 because of all of the improvements that have been made to $25,000 to new light fixtures, the pretty paint color, the new mailbox, the landscaping. So we found that many of the houses that we offer, they once were the ugly ducklings of the neighborhood. Now they're the beautiful swans of the neighborhood, and they're the homes and houses that people flock to that they prefer to living.   Keith Weinhold (00:39:30) - Yeah. So we're talking about some of those rehabs you might LVP the floor do a kitchen fluff up. By that I mean maybe you're saving and painting the cabinets, but replacing the countertops, new light fixtures, perhaps keeping bath tile in place, but glazing it and then bringing everything to code?   Ken (00:39:47) - Yes, sir. That's absolutely correct. And we do have a really nice design for our properties. We use really nice neutral colors when it comes to the tile, to the paint, the flooring, the vent hood color, so on, so forth.   Ken (00:40:02) - And you mentioned code enforcement, which we had excellent relationships with the Memphis Shelby County Code Enforcement officers, whether it comes to the electrical inspection, plumbing inspections, what have you, we have really good relationships with those government officials.   Keith Weinhold (00:40:20) - You might want exotic colors for your own home, but in a rental property you want to go neutral. It can take a while to rent a purple kitchen. Now talk to us about the the timeline to rehab and refinance a property. How many months or days does that take? And I'm looking for an not an optimistic scenario, but a realistic scenario and a real life track record of what you've done. Because I've known that our followers have bought a number of properties from you.   Ken (00:40:49) - Yes, our average turnaround time right now is approximately 90 days. The quickest turn that we've ever done from acquisition all the way to the final stage of refinancing was 32 days. But that particular property there was the scope of work of $15,000. It was really clean. Okay, already had a new roof, the AC system was already top knots, so there was just very few things that had to be delivered.   Ken (00:41:21) - But on average it's about 90 days from start to finish. And in this part of the country the weather's quite nice, especially during the summertime. It's very hot, but we are hit occasionally in the wintertime with snow and ice, and it paralyzed the city of Memphis because we're just not equipped the way the northeast is and some other parts of the country when it comes to snow and ice. So we push back our estimated time frame to complete a Berkey property during the winter months to about 120 days. But our average is 90 days, and we tend to we like to under-promise with the 90 days, but we may hit our target in 75 days or 80 days, and we just recently had some properties that we should be able to smash the all time record of 32 days, where we may be able to get from a buy to refinance done, and maybe 21 days.   Keith Weinhold (00:42:21) - Wow. That's the result of a well refined system. And I would submit to most any listener to try to do that across state lines or even in your own home market, as you're trying to manage contractors and codes and inspectors and appraisers and lenders and everything else, you're going to join us with our investment coach narration, co-hosting Gre's live virtual event.   Keith Weinhold (00:42:47) - Alex, a little bit more about what one can expect there. Attending the live virtual event to learn more about what.   Ken (00:42:54) - One can expect is that we will have, I guess, actual numbers on properties that are available, scopes of work, rental amounts that are based on our studies with the data that section eight provides, as well as the local market rents for cash paying tenants. So I do want to make it clear we do have cash paying tenants as well. But we do offer to the investor clients a choice. If we have a four bedroom property, for example, that section 8th May possibly pay 1700 a month for, and then all of a sudden we get a cash paying tenant that's willing to pay 1600. We present the information to the investor to say, hey, would you rather hold out for the $1,700 section eight tenant? Or would you rather go with the $1,600 cash flowing ticket that works at Blue Oval City, the electric vehicle plant that's on the outskirts of Memphis, about 30 miles outside of Memphis at the end.   Ken (00:44:01) - Who knows? Real soon. It was just announced yesterday that X, I and Elon Musk, they've chosen the city of Memphis to be the headquarters for the world's largest supercomputer. So we're looking forward to the benefits and economic boom that that's going to add to the Memphis market.   Keith Weinhold (00:44:23) - All right. So we've got some economic drivers behind this. Learn more about vetting tenants. Berkey and importantly, the value added here. By bringing that team, especially those contractors that are being managed for you with the Berkey join Jerry's live virtual event. It's where you can attend live in real time. You can ask questions if you wish that way, and you can do it all from your own home. Gree investment coach extraordinaire Naresh is going to co-host it along with my guest Ken. Here it is free to attend free learning and if you wish, expect a buying opportunity for property conducive to the BR. Often single family homes two, three and four bedroom properties in Investor Advantage Memphis, you'll learn which properties are right for this and which ones are not.   Keith Weinhold (00:45:10) - Attend tomorrow night it is Tuesday the 25th at 8:30 p.m. eastern, 530 Pacific. Attend tomorrow and sign up now at GR webinars.com. You can do it right now while it's top of mind for our live event that is at Gray webinars.com. Hey, it's been great having your insight. Thanks so much for coming on the show today.   Ken (00:45:33) - Thank you. You're welcome.   Keith Weinhold (00:45:40) - Between last year and this year, more followers have bought from this provider in this system than any other in the entire nation. Strong deals with less out of pocket for the investor. And maybe you don't prefer a section eight tenant. You can ask about that during the virtual event. And again, what was I saying here last week? This is the event that's a bigger deal than Olympic handball. Really though I would like for you to attend. This is entry level housing. So you're going to own a scarce asset that everyone wants. Expect to be in for a little of your own skin in the game, and you'll own a leveraged asset of tangible value that down the road.   Keith Weinhold (00:46:27) - Demographics say that people will desire to first rent from you and then later buy from you. If you think that it can benefit you and you like to learn, then I'd really like you to attend tomorrow night. I invite you Tuesday the 25th at 8:30 p.m. eastern, 530 Pacific. Register free now at Gray webinars.com. Until next week. I'm your host, Keith Wild. Don't quit your day dream.   Speaker 5 (00:46:58) - Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get Rich education LLC exclusively.   Keith Weinhold (00:47:26) - The preceding program was brought to you by your home for wealth building. Get rich education.com.  

Episode Notes On the next and all new Real Talk Memphis my guests include; Chandell Ryan, President/CEO of the Downtown Memphis Commission. She makes her first visit to the show to talk about her new position and how if anything she did as the former COO for the City of Memphis helped her. Also, now that we are in the midst of a busy tourist season how she is positioning her group moving forward. Van Turner is a familiar face to many in our city and these days he is still helping others. The Town of Mason is preparing to welcome Blue Oval City, but they also want to be an inclusive partner. Van explains how a community coalition wants a Community Benefits Agreement with Ford that will benefit everyone. Lastly, the number of juvenile shooting victims continues to grow and is putting a great strain on the area hospitals. Dr. Nick Watkins is an ER specialist at Le Bonheur. He tells me what it's like to be on the front lines of an overwhelmed emergency room. That and more on air and online Monday from 6-7 pm on WYXR 91.7 FM. Also, WYXR.org, TuneIn, Facebook Live, YouTube and wherever you get your podcasts. It's time to talk!

Episode Notes On the next and all new Real Talk Memphis my guests include; Chandell Ryan, President/CEO of the Downtown Memphis Commission. She makes her first visit to the show to talk about her new position and how if anything she did as the former COO for the City of Memphis helped her. Also, now that we are in the midst of a busy tourist season how she is positioning her group moving forward. Van Turner is a familiar face to many in our city and these days he is still helping others. The Town of Mason is preparing to welcome Blue Oval City, but they also want to be an inclusive partner. Van explains how a community coalition wants a Community Benefits Agreement with Ford that will benefit everyone. Lastly, the number of juvenile shooting victims continues to grow and is putting a great strain on the area hospitals. Dr. Nick Watkins is an ER specialist at Le Bonheur. He tells me what it's like to be on the front lines of an overwhelmed emergency room. That and more on air and online Monday from 6-7 pm on WYXR 91.7 FM. Also, WYXR.org, TuneIn, Facebook Live, YouTube and wherever you get your podcasts. It's time to talk!

“Time for an Awakening” with Bro.Elliott & Bro.Richard, Sunday 3/03/2023 at 7:00 PM (EST) guests was Activist, Organizer, President, Black Farmers and Agriculturalists Association-Memphis, Thomas Burrell. Mr. Burrell updated the listeners on the BFAA-organized gatherings and meetings of Black Farmers and Landowners around Mason Tennessee and in several southern states, about the Blue Oval City. The mission; is to capitalize on economic opportunities for the Black Community and Landowners, as Blue Oval City makes its home in the region. Hear about this and other information from the President of BFAA-Memphis, Mr. Thomas Burrell. Also, open forum conversation on issues and topics that affect Black People locally, nationally, and internationally.  

Tennessee Governor Bill Lee on Memphis Morning Morning News talking about the future of Ford's Blue Oval City, the crime problems plaguing Memphis and Shelby County and education choice in Tennessee.  Support the show: https://www.newstalk989.com/personalities/memphis-morning-news/See omnystudio.com/listener for privacy information.

A small town in west Tennessee received some overwhelming news this year. Stanton, a town of 414 souls, was awarded the title of a Blue Oval City by the Ford Motor Company. Markus and Mary Feirer are taking the gospel to the streets of a major East Asian city. Even though some told the gospel workers that approaching strangers and striking up conversations about the gospel wouldn't work, they tried anyway. And, maybe you've wondered what your pastor is thinking as he preaches. In a Baptist Press article, a few pastors share some observations you might find interesting.

“Time for an Awakening” with Bro.Elliott 7 Bro.Richard, Sunday 12/10/2023 at 7:00 PM (EST) guests was Activist, Organizer, President, Black Farmers and Agriculturalists Association-Memphis, Thomas Burrell. Mr. Burrell updated the listeners about a series of organized meetings by the BFAA for Black Farmers in several southern states to aid those who have experienced discrimination in the farm loan process before January 2021.  We received updates on the BFAA organized gatherings of Black Farmers and Landowners around Mason Tennessee and the Blue Oval, to capitalize on economic opportunities for the Black Community as Blue Oval City makes its home in the region. This and other information from the President of BFAA-Memphis, Mr. Thomas Burrell. Also open forum conversation on issues topics that affect Black People locally, nationally, and internationally.    

“Time for an Awakening” with Bro.Elliott, Sunday 9/03/2023 at 7:00 PM (EST) our guests was Activist, Organizer, President, Black Farmers and Agriculturalists Association-Memphis, Thomas Burrell. Mr.Burrell shared with the listeners information about the series of organized meetings by the BFAA for Black Farmers and Land owners around Mason Tennessee and the Blue Oval, to capitalize on economic opportunities for the Black Community as Blue Oval City makes its home in the region. Hear about this and other information from the President of BFAA-Memphis, Mr. Thomas Burrell https://www.blacktalkradionetwork.com/wp-content/uploads/2023/09/Time-for-an-Awakening-with-Bro.Elliott-Sunday-9-03-23-BFAA-pres-Thomas-Burrell.mp3  

change can be a good and bad thing. Join us as we talk to Danny Sinquefield, Harvest Field team leader 1, about the new Blue Oval City.

Pastor Jared chats with Danny Sinquefield about his role with the Tennessee Baptist Mission Board, particularly in his leadership of the upcoming emphasis on Blue Oval City. Submit your ideas for Off Script topics at https://www.kirbywoods.org/offscript. Follow us online! Facebook: https://www.facebook.com/kirbywoodsmemphis Instagram: https://www.instagram.com/kirbywoodsmemphis YouTube: https://www.youtube.com/@kirbywoods Podcast: https://kirbywoodspodcast.buzzsprout.com

It's a great Monday to make some trouble as we talk about this weeks anticipated EPA rules on tailpipe emissions, some details on Fords innovative new plant, as well as the job and job perk situation that is changing rapidly."We're going back to how Henry Ford set up the assembly line, we're going to do more of this ourselves." says Ford CEO Jim Farley about the company's new “Blue Oval City” manufacturing plant in west Tennessee also calling it a “marvel of simplicity”The plant is the first the company has built in 50 years and is scheduled to open in 2025 and to produce 500k vehicles in a space that is 30% smaller than other Ford plants that have the same capacityFord and partner SK Innovation will operate a battery plant at BlueOval City, building battery cells, arrays, and assembling battery packs.The site will also be carbon neutral, use geothermal, and won't require any fresh waterSometime this week The Biden administration is expected to propose extensive new limits on vehicle tailpipe emissions, pushing U.S. automakers towards majority electric-vehicle sales. Will likely cover 2027-2032 model years and will potentially exceed President Biden's initial target of 50% of all new vehicle sales being electric-powered by 2030. The current percentage of EV sales is sitting around 6%.The Alliance for Automotive Innovation, a lobbying group that represents GM, Ford, Toyota Motor Corp. and other major car companies, said in a statement that they expect the new rules to be released but didn't specify detailsThe group noted such a transition will require a seismic shift in the way Americans drive and cited a Mckinsey study which highlighted a $35B investment in charging infrastructure needed to accommodate such a shiftAs the tech industry faces unprecedented job losses, Silicon Valley veterans are forced to reset their careers, opting for stability over status. Positions at giants like Meta and Amazon are giving way to roles at smaller firms, tech jobs at non-tech companies, and freelance consulting. “The majority of folks that have been laid off from big tech companies, they've been disillusioned,” said Chris Rice, a partner with Riviera Partners, an executive-search firm that places leadership talent in software-engineering, product-management and design positions.This comes as last months jobs report missed expectations for the first time in a yearJob openings fell to 9.93 million, the first sub-10 million total in nearly 10 years Other signs of cutbacks on costs being reported as Google pairs back on work from home equipment, limits free meals, and eliminates other lavish perks the company has been known for like in-office massages and laundry services. Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion

Does anyone care about the increasing debt of the U.S. Government? Discover more about the looming debt ceiling as well as about what changes West TN can expect from the construction of Blue Oval City. This episode of the Money Matters Podcast was recorded by President Chad P. Wilson of McKenzie Banking Company / Foundation Bank on March 8, 2023. 

The guys welcome the distinguished Ben Harris into the confines of the podcast room in this episode. Ben talks tech about technology, The Co and what AI and Blue Oval City can mean for our life in West TN and beyond. Hoverboards, AI-generated YouTube content and worship music, R2D2 and westerns with woolly mammoths also may have been discussed. It's a wild ride...so hop on the future train of this episode and see where we might be headed in the not-so-distant future. Find out more about The Co. online: https://www.attheco.com/ Did you know that you can be part of the podcast conversation too? Send in a comment, show idea or a question: https://anchor.fm/northsidenow/message Connect with us online: Facebook: https://www.facebook.com/northsidejackson Instagram: https://www.instagram.com/northsidenowpodcast Website: https://www.northsidejackson.com Podcast: https://anchor.fm/northsidenow --- Send in a voice message: https://anchor.fm/northsidenow/message

The incoming president and CEO of the Greater Memphis Chamber said most of the economic development projects the chamber is pursuing are advanced manufacturing plants. On “Behind The Headlines,” Ted Townsend called it a “vast change” from being a magnet for logistics and distribution that could bode well as Blue Oval City makes plans in Haywood County.

It can be somewhat disheartening to watch the car auctions on tv, where prices routinely hit the triple digits.  But is that all there is?  We take a look at some of the sell prices we found with Hemmings, a very reputable publication that has been around for years.Then we look at Ford's Blue Oval City plans as part of the growing battery belt,----  -----      In Wheel Time Car Talk is now available on iHeart Radio!  Just go to iheart.com/InWheelTimeCarTalk where ever you are.-----   -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Car Talk and check out our live broadcast every Saturday, 8a-11aCT simulcasting on iHeart Radio, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Car Talk can be heard on you mobile device from providers such as:Apple Podcasts, Pandora Podcast, Amazon Music Podcast, Spotify, Google Podcasts,    Stitcher, iHeart Radio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox and more on your mobile device.-----  ------  ------Want even more In Wheel Time Car Talk in 'real' time? Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/Facebook: https://www.facebook.com/InWheelTime/ YouTube:  https://www.YouTube.com/InWheelTimeTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talkhttps://www.iheart.com/live/in-wheel-time-car-talk-9327/For more information about In Wheel Time Car Talk, email us atinfo@inwheeltime.comWant even more In Wheel Time Car Talk in 'real' time? Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.iheart.com/live/in-wheel-time-car-talk-9327/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Car Talk, email us at info@inwheeltime.comTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk

Talk Money with Jim Shoemaker Join Jim Shoemaker and Mark Herbison, HTL Advantage, and we get the facts about "Blue Oval City" and how it will impact our community. Shannon Dyson helps us to "Understand Our Medicare Options" and join Scott Jordan and Drew Johnson as we find out "How to Respond to Rising Interest Rates".   "Helping You Make the Most of Your Money"

Shopping centers, offices, and residential neighborhoods often come to mind when many people think about the real estate business. But industrial real estate - where the region's warehouses and distribution centers are located - dwarfs those other sectors locally. Commercial Advisor's Kemp Conrad joins Memphis Metropolis to explain the geographic and transportation factors that drove industrial real estate's growth, how the Blue Oval City development will impact the sector, and how recent economic trends - such as interest rate increases - may temporarily slow new development even though demand remains high.

Here is one real fact about where EV batteries are being manufactured:  over the next four years, its all about the United States - and that includes lithium mining too!  We share the lowdown on who is building what where. 

Show #1451 Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily, you trusted source of EV information. It's Saturday 30th April, it's Martyn Lee here and I go through every EV story so you don't have to. THE FORD F-150 LIGHTNING ELECTRIC TRUCK HAS MORE POWER THAN WE THOUGHT! - Ford just announced that the power and payload ratings it had specified for the Lightning pickup are wrong. Luckily, they're "wrong" in the right direction—meaning the final horsepower and payload figures for the F-150 Lightning area actually better than expected. - originally was quoted as offering 426 hp with the standard-range pack and 563 with the juicier extended-range setup. Ford now says the standard-range model packs 452 hp, up 26 hp from Ford's "targeted" number, and the extended-range version doles out a mighty 580 hp, up 17 hp - it makes the standard-range Lightning the most powerful F-150 pickup ever - Ford also says the F-150 Lightning's payload figures have been revised upward, though less impressively so than the horsepower numbers. Certain, unspecified versions of the Lightning can "now haul an extra 235 pounds," per Ford, lifting the maximum one of the electric trucks can carry to 2,235 pounds. · Original Source : https://www.motortrend.com/news/2022-f-150-lightning-revised-power-payload-ratings/ FORD'S NEXT-GEN ELECTRIC TRUCK WILL HAVE ACTIVE AERO, MORE RANGE - Ford launched the F-150 Lightning earlier this week, and company CEO Jim Farley hinted at what is to come next. He let slip that the company's Tennessee manufacturing facility would produce a different type of F-Series pickup when production started there in a few years. - he did speak with Laycee from the Miss GoElectric YouTube Channel, who revealed on the latest InsideEVs.com podcast episode (34:44 mark) that the new pickup would have a radical design that some could find controversial. - Farley told her that the new electric pickup would feature active and deployable aero similar to a semi-truck, with the design focusing on maximizing efficiency. - The new truck would allegedly cost about $7,000 more than the F-150 Lightning and offer about 100 miles more of range. That means the Ford could offer 400-plus miles (643-plus kilometers). The current F-150 Lightning can deliver up to 320 miles (514 km). Ford has spent the last two years developing this new truck. - Ford will produce the new pickup at its manufacturing complex in Tennessee. - Blue Oval City, will produce the next generation of electric F-Series trucks and batteries. The site will have three gigafactories. The complex will see operations begin in 2025, so it could be a bit before we see this new pickup. Original Source : https://www.motor1.com/news/582926/ford-next-electric-truck-aero-range/ LUCID CEO MADE OVER $260 MILLION IN PERFORMANCE-BASED AWARDS IN 2021 - Lucid Group CEO Peter Rawlinson earned more than $260 million in performance-based awards last year - In March 2021, Lucid Group's board awarded Rawlinson about 13.8 million time-based units of stock that vest over four years beginning at the end of 2021, plus 16 million performance-based stock units. - The entire award was valued by the company at a whopping $556 million, according to a filing on April 28. Rawlinson's $263 million payday is one of the largest compensation packages paid to any executive in 2021. - The company's market value remained high enough over a six-month period for Rawlinson to collect four of the five tranches of performance-based units, according to the filing. - Lucid Group recently said it needed more cash to fund its plans, which include a second factory in Saudi Arabia, expected to open in 2025. The company raised $2 billion in convertible debt in December, but Bloomberg Intelligence forecasts that the startup may have to sell more stock to raise the necessary funds. Original Source : https://insideevs.com/news/583003/lucid-ceo-made-over-260-million-usd-performance-based-awards-2021/ SHELL AWARDS ANOTHER CHARGING INFRASTRUCTURE FRAMEWORK CONTRACT TO ABB - ABB has signed a new global framework agreement with Shell to supply its complete portfolio of AC and DC charging stations. The products range from the AC wallbox for homes, businesses and retail to the Terra 360 HPC charging point. - Shell reportedly intends to operate 500,000 charging points worldwide by 2025. By 2030, this number is to increase to 2.5 million. To achieve this, the oil company needs one thing above all: lots of charging points. Original Source : https://www.electrive.com/2022/04/29/shell-awards-another-charging-infrastructure-framework-contract-to-abb/ - Shell does not provide any further details on this in the strategy, so it is unclear which markets they will cover with how many charge points. Going by past activities, Shell has been active in several markets, reaching across Europe and even Canada. Recent acquisitions or attempts include NEw Motion and Ubitricity and Shell is a partner of Ionity. Original Source : https://www.electrive.com/2021/02/12/shell-to-install-half-a-million-charge-points-by-2025/ BIG OIL WANTS A PIECE OF THE ELECTRIC VEHICLE PIE - The likes of Shell, TotalEnergies, ExxonMobil, Equinor, and BP are all backing EV projects as they expand their portfolios to include non-traditional energy sectors. - In Europe, Shell has been just one of the oil majors to expand its EV charging network over the last year. Shell's subsidiary, ubitricity – standing for ubiquitous electricity – is using innovative technologies to enhance access to EV charging stations by powering cars across cities through lamp posts. Shell's public charging network, Shell Recharge, expects to have over 500,000 charging points globally by 2025, establishing locations across supermarkets, street-charging points, and EV hubs. - Shell is also leading by example by establishing an EV charging hub in London, replacing its petrol and diesel pumps with ultra-rapid 175kW charge points - Last year, Equinor also announced a $130-million investment in Solid Power, a U.S. firm developing all-solid-state batteries (ASSBs) for electric vehicles. The BMW Group and Ford have also partnered with Solid Power to acquire ASSBs for their new EV models. Equinor believes the development of ASSBs could provide lower-cost EV batteries to the market. - This April, BP sent EV stock soaring with the announcement of a multi-year contract with Tritium. Tritium will provide almost 1,000 chargers for the U.K., Australian, and New Zealand markets. Original Source : https://oilprice.com/Energy/Energy-General/Big-Oil-Wants-A-Piece-Of-The-Electric-Vehicle-Pie.html BYD IS CLOSER TO 1 TWH THAN TESLA: CAPACITY ALREADY SURPASSED 500 GWH - In April 2020, Elon Musk suggested Tesla plants would not be named Gigafactories anymore. They would be called Terafactories, implying they would deliver more than 1 TWh in battery packs. With the 4680 cell delays, BYD is closer to achieving 1 TWh than Tesla. - Bridget McCarthy mapped all the cell plants BYD currently has and concluded it has an amazing installed capacity above 500 GWh. To be more precise, we're talking about 522 GWh, which is not counting a huge battery factory planned for Europe and some other plants – such as Huangpi, in Wuhan – that still have not disclosed how many cells they will be able to manufacture. - Tesla planned to make 100 GWh at Giga Nevada but would be delivering around 30 GWh. Most of its cars now need suppliers such as LG Energy Solution and CATL, which provides Tesla with LFP cells. - The list provided by the financial analyst at Snow Capital is impressive. Original Source : https://www.autoevolution.com/news/byd-is-closer-to-1-twh-than-tesla-capacity-already-surpassed-500-gwh-187738.html Bridget McCarthy on Twitter: “In less than a week, 12 different business units within BYD completely shifted to mask production. In just five weeks, BYD went from producing zero masks, to being the WORLD'S LARGEST SURGICAL MASK PRODUCER. By May, BYD was producing over 50M masks per day. - In a matter of days, BYD's designers drew more than 400 renderings of mask machines, the electronics group prepared the necessary parts, & 3,000 engineers from 13 business divisions started building. A week later, BYD was producing masks to be sent around the world. - The teams (i.e. battery business unit vs. logistics department) competed to have the highest daily mask output. BYD yanked battery engineers from the then-top-secret Blade battery project to oversee mask production, one of whom continually topped the “dragon and tiger list”. Original Source : https://twitter.com/bridgemccarthy_/status/1359613174958407680 SERBIA INKS $200 MLN DEAL WITH STELLANTIS TO PRODUCE ELECTRIC CARS Original Source : https://www.reuters.com/business/autos-transportation/serbia-inks-200-mln-deal-with-stellantis-produce-electric-cars-2022-04-28/ CHEAPER TESLA MOBILE CONNECTOR NOW LISTED IN VEHICLE CONFIGURATOR Original Source : https://insideevs.com/news/583024/cheaper-testa-mobile-connector-now-listed-vehicle-configurator/ JOE MANCHIN CALLS EV TAX CREDITS “LUDICROUS” IN SENATE HEARING Original Source : https://arstechnica.com/cars/2022/04/west-virginas-manchin-stands-in-way-of-ludicrous-ev-tax-credits/ HOW NEW ENERGY VEHICLES FIND THEIR MARKET IN RURAL CHINA Original Source : https://news.cgtn.com/news/2022-04-30/How-new-energy-vehicles-find-their-market-in-rural-China-19E67ADnaww/index.html VW, BMW, MERCEDES SEEK ALTERNATIVES TO GAS AND OIL AMID THREAT OF RUSSIAN EMBARGO Original Source : https://europe.autonews.com/automakers/vw-bmw-mercedes-seek-alternatives-gas-and-oil-amid-threat-russian-embargo QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM What cables should or shouldn't  come with a new or used EV? Email me any feedback to: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/ OCTOPUS ELECTRIC JUICE - MAKING PUBLIC CHARGING SIMPLE WITH ONE CARD, ONE MAP AND ONE APP

While Coach is out this week, we've invited Mike Flood from the Mississippi Department of Transportation to join us to tell us what's up with MDOT. When's hwy 49 going to be finished? I'm new what's contraflow? What's coming for Crystal Springs? We learn about litter, safety, and mowing. https://mdot.ms.gov/Careers: https://mdot.ms.gov/careers/Adopt a highway: https://litter.mdot.ms.gov/adopt-highway-program/Trash Bash: https://mdot.ms.gov/portal/news_release_view/957Recalls: https://www.cars.com/recalls/F-150 pickup trucks, Expedition SUVs and Navigator SUVs from Ford's luxury brand Lincoln, plus model-year Ford Super Duty F-250, F-350, F-450 and F-550 trucks.2015 Buick Enclaves, Traverses and Acadias are affected.2015 Ford Escapes are being recalled for Rollaway Risk.You can find out if your car has a past recall by calling the National Highway Traffic Safety Administration's vehicle-safety hotline at 888-327-4236 or going to the National Highway Traffic Safety Administration's website: https://www.nhtsa.gov/recalls and inputting your VIN number. Or find their SaferCar app.News:Ford unveiled its F-150 Lightning at the New York International Auto Show recently. Ford CEO Jim Farley announced. “We're already pushing dirt down in Blue Oval City in Tennessee for another electric pickup truck that's different than this one,” Farley said. https://jalopnik.com/ford-just-announced-a-second-electric-pickup-truck-1848844166?utm_source=jalopnik_newsletter&utm_medium=email&utm_campaign=2022-04-26https://autoshowny.com/Auto Casey: BMW M4Short take: https://www.youtube.com/watch?v=oJn0ckJqLG4&t=0sLong version: https://www.youtube.com/watch?v=UuJjuIaImp8Coach's Tip of the Week: Don't tell the mechanic what's wrong with your car. Explain the noise or habit. But let them investigate themselves otherwise they will "fix" what you tell them to not necessarily what's wrong.Question:Cogongrass - https://www.invasivespeciesinfo.gov/terrestrial/plants/cogongrassLitterWho maintains city/highway roadsGrass needs mowingElvis highway http://www.legislature.ms.gov/Speed limit signsWoodville Rd See acast.com/privacy for privacy and opt-out information.

As Ford works to complete their new Blue Oval City facility in West Tennessee, they're already investing in the community. They announced they're investing more than 16 million dollars to restore stream waters flowing through the University of Tennessee's Lone Oaks Farm, and fund STEM education and 4-H Youth Development programs on the property. The post Ford Investing $16.5 Million In Ag Education appeared first on Tennessee Farm Bureau.

The new Ford plant in West Tennessee will bring major development to a mostly rural farming area. Farmers recently had the opportunity to ask questions about the new facility. The post Farmers Concerns On Blue Oval City appeared first on Tennessee Farm Bureau.

Ford heads to Tennessee with Blue Oval City plans, we debate the concept of bought vs. built, and the dream garage holds a modern, realist twist. Thanks for tuning in, and check out @flywheelfilms on Instagram and YouTube for more auto enthusiast content. Jordan's Miata - @ghosty.miata || Austin's Fiesta ST - @kona.party.st

Where is the Collierville Town Square going? In this episode, Vice-Mayor Maureen Fraser and Town Economic Development Director John Duncan discuss the impact of a traffic study on the potential new parking garage and hotel in the Historic District, the economic impact of the hotel, more updates on Blue Oval City and new Shelby County commissioner maps that would divide Collierville in half.

Show #1253 If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Saturday 23rd October. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. APPLE CAR BATTERY TALKS BREAKING DOWN UNDER WEIGHT OF APPLE'S DEMANDS "Two of three potential Apple Car vendors are reportedly having difficulty meeting Apple's production requirements. Specifically, a new report claims that the main stumbling block is manufacturing advanced lithium ion phosphate (LFP) batteries in the United States for Apple, and the effort it would take for exclusivity. Suppliers cited in the report are BYD and CATL. CATL is the world's main battery manufacturer for electric vehicles." reports Apple Insider: "CATL is a Chinese firm, which is said to be complicating matters. It reportedly had difficulty sourcing appropriate staff in the US suitable to assembling a product development team just for Apple. BYD has a plant in the US already, seemingly making it a better choice. However, the company allegedly said to Apple that it would not build a plant just for the Apple Car. The report on Friday morning from Reuters claims that the companies told Apple at some point in the last two months that they were not able to meet Apple's requirements. Since both manufacturers told Apple that they would not be able to meet demands, talks have stalled. Both companies, however, are said to remain open to overtures from Apple." Read more: https://forums.appleinsider.com/discussion/224706/apple-car-battery-talks-breaking-down-under-weight-of-apples-demands FORD NABS $884 MILLION INCENTIVE PACKAGE FOR EV ‘MEGA CAMPUS' "Tennessee lawmakers have approved an $884 million incentive package for the “mega campus” near Memphis where Ford plans to make batteries and electric vehicles, according to the Tennessean. The money — which is coming from Tennessee's current $2.1 billion budget surplus — is the single largest investment in the history of the state. It comes at a time when many major automakers are looking to build new facilities in the US dedicated to EVs, batteries, or other supply chain components necessary for electric vehicles." writes The Verge: "South Korean battery company SK Innovation, which it calls “Blue Oval City.” Ford is also simultaneously spinning up battery factories in Kentucky. Ford will get $500 million in the form of a grant. The rest is being allocated in a few different ways — the result of a special session held this week where state legislators haggled for three days. The state will commit $200 million for road construction around the site and $138.2 million for other infrastructure and demolition work. Another $40 million will go to building a Tennessee College of Applied Technology site near the campus, and $5 million is being offered up for legal services." Read more: https://www.theverge.com/2021/10/22/22740610/tennessee-ford-blue-oval-city-incentive-package-884-million TESLA PLACES ORDER FOR 10 GWH OF LFP BATTERIES WITH BYD "Right now CATL is Tesla's sole supplier of LFP (LiFePO4) battery cells, but BYD seems to be the next on the list. According to Chinese media, Tesla has secured an initial order of 10 GWh worth of LFP battery cells from BYD, to power the Model 3 and Y in their standard range versions. 10 GWh is enough to assemble more than 181,000 battery packs for the Tesla Model 3 with 55 kWh each, or more than 166,000 for the Model Y with 60 kWh each." writes Pedro for PushEVs: "Currently, the LFP battery packs of Tesla made with CATL's battery cells only reach an energy density of 126 Wh/kg, but BYD's Blade battery packs are more energy dense and have already reached 150 Wh/kg. Not only the cobalt-free BYD Blade battery packs have good energy density, performance, safety and longevity, they currently also have the lowest kWh price, estimated at 55 euros (64 USD)." Read more: https://pushevs.com/2021/10/21/byd-has-reportedly-received-10-gwh-of-orders-from-tesla-for-lfp-batteries/ IT'S EASY TO GAME TESLA'S SAFETY SCORE SYSTEM "Tesla owners using the company's Full Self-Driving beta have great responsibility on their hands. The Level 2 driver-assist system, as defined by the SAE Scale of Autonomy, is not actually self-driving and requires a human driver to pay attention at all times -- and Tesla's trying to allow only the most responsible folks into its beta program. Except it's pretty simple for anyone who ponies up $10,000 to earn a perfect Safety Score, the metric Tesla is using to grant access." reports CNET.com: "deleted Reddit post that guide drivers through the steps to earn the coveted perfect Safety Score (which is also used for Tesla Insurance, by the way). One way is to simply not send the driving behavior data to Tesla; another is to restart the process entirely. Tesla drivers have the option to hold down both scroll-wheel buttons on the steering wheel to wipe the car's Media Control Unit. This also wipes the data used for the Safety Score. If the driver does something inappropriate, or even if they make a minor boo-boo while driving, they can erase it before Tesla even calculates the potential ding to a Safety Score." Read more: https://www.cnet.com/roadshow/news/its-easy-to-game-teslas-safety-score-system-owners-say/ TESLA AUTOPILOT 2.0 OWNERS NEED A CAMERA UPGRADE BEFORE GETTING ‘FULL SELF-DRIVING BETA' "Elon Musk confirmed that owners of Tesla vehicles who bought the Full Self-Driving (FSD) package on cars with Autopilot 2.0 are going to need a camera upgrade before they get access to the “FSD Beta.” Starting with the introduction of its Autopilot 2.0 suite of sensors in 2016, Tesla started selling all of its cars with the promise that they have all the hardware necessary to achieve full self-driving capability with future software updates. This promise has helped Tesla sell vehicles, but it turned out to be inaccurate." says Fred @ Electrek: "Last night, CEO Elon Musk was asked whether or not these owners will get access to FSD Beta, and he confirmed that they will but they will need a “camera upgrade”: “Yeah, although early production cars will need camera upgrades, as well as FSD computer (all included in the price).”" Read more: https://electrek.co/2021/10/22/tesla-autopilot-2-owners-need-camera-upgrade-before-full-self-driving-beta/ *AD BREAK* REPORT: RIVIAN VAN NAMES LEAKED "A VIN decoder appears to have revealed the names of Rivian's planned vans. The filing with the National Highway Traffic Safety Administration seems to indicate they will be called 500 Van and 700 Van. Additionally, it appears the 500 will be available with both left-hand and right-hand drive." says The Truth About Cars: "The number refers to cargo capacity. So 500 equals 500 cubic feet, and so on and so forth. The filing also seems to indicate that Rivian will be offering the vans for fleet duty. Available drivetrains seem to include all-wheel drive with single motors at each axle, single-motor front-wheel drive, and dual-motor FWD." Read more: https://www.thetruthaboutcars.com/2021/10/report-rivian-van-names-leaked/ ELECTRIFIED CARS HIT ALMOST A FIFTH OF EU Q3 VEHICLE SALES "Nearly one in five vehicles sold in the European Union in the third quarter was an electrified model as sales continued to soar while fossil-fuel cars slumped, according to sales data released on Friday by a trade organization.  The European Automobile Manufacturers' Association, or ACEA, which represents major European car, truck, van and bus makers, said that battery electric and plug-in hybrid model sales across the European Union made up just under 19% of all sales." says the Economic Times: "Battery electric vehicle sales jumped nearly 57% to more than 212,000 units, while plug-in hybrid models rose nearly 43% to more than 197,000 units. This is a slower pace of growth than in 2020 when sales almost trebled from a low base. " Read more: https://auto.economictimes.indiatimes.com/news/industry/electrified-cars-hit-almost-a-fifth-of-eu-q3-vehicle-sales/87206205 BMW i4 ENTERS SERIES PRODUCTION "The first series-produced BMW i4 has now formally rolled off BMW Group Plant Munich. The automaker's home plant, which is now almost 100 years old, now makes all drive variants on a single assembly line. Needless to say, this is a manufacturing and production milestone, significant in BMW's road to electrification." says Motor1: "Apart from the BMW i4, the Munich plant also produces the combustion-powered and hybrid BMW 3 Series Saloon and Estate, the BMW M3, and the BMW 4 Series Gran Coupe. Although 90 percent of the existing systems in the Munich bodyshop can still be used for the new model, additional machines and techniques were used to integrate the assembly of the high-voltage battery. According to the release, the integration warranted an investment of €200 million" Read more: https://uk.motor1.com/news/542898/first-bmw-i4-production-munich/ PHILLY PLANS TO MAKE ITS 5,500 VEHICLE FLEET ALL ELECTRIC AFTER 2030 Read more: https://www.inquirer.com/science/climate/philadelphia-electric-vehicle-plan-climate-change-20211021.html PORSCHE CELEBRATES 1.21 GIGAWATT MILESTONE WITH BACK TO THE FUTURE TRIBUTE Read more: https://www.whichcar.com.au/car-news/porsche-celebrates-1-21-gigawatt-charging-capability?utm_source=pocket_mylist NEW QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM When buying a used electric car, how do you feel about servicing? Do you want the previous person to have been back to a dealer every year? Do you care? Some manufacturers like Tesla don't even have a service schedule so how do you feel about buying a used EV and it's service history, or lack of. Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And  if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/

Era of disruption as Ford announces Blue Oval City in Tennessee. Elon Musk migrates from Palo Alto to Austin. Buyer scrutiny pays off as flood cars and rebuilds try to cash in on high demand. We love your feedback! CarsThePodcast@gmail.com Instagram at CarsThePodcast  

Ford is betting big on electric cars: https://www.nbcnews.com/news/us-news/ford-jolts-auto-industry-11-4-billion-investment-new-electric-n1280182 https://www.marketexplainer.com

一週財經聚焦 一、9月27日，參議院共和黨議員阻止了民主黨提出的一項既要為美國政府提供運作資金，又要提高國家舉債上限的提案。在距離政府資金耗盡僅剩幾天之際，這個局面意味著，關於財政問題的政治較量逐漸升級，全球金融市場一下子陷入了恐慌情緒，怎麼解讀？ 國際媒體相關報導 ●Financial Times倫敦金融時報：〈Treasury bill market jolted as US debt ceiling fight drags on〉(隨著美國債務上限鬥爭的拖延，美國國債市場正在震盪) ●USA Today今日美國：〈Why does the federal debt limit matter? Here's what America's debt actually looks like〉(為什麼聯邦債務限額很重要？因為這就是美國債務的實際情況) ●REUTERS路透社：〈U.S. default would cause 'irreparable' harm, Yellen warns again〉(葉倫再次警告：美國違約將造成「無法彌補」的傷害) 分析解讀 其實，10年期美債殖利率本來就已經衝上3個月高點，外加美國聯邦參議院的這項避免政府「關門」、提高舉債上限的預算案，竟遭共和黨拒絕，一下子導致金融市場震盪。28日美股3大指數收黑，拖累29日台股大跌325.98點，失守半年線和「萬七」關卡。 美國財政部長葉倫（Janet Yellen）已公開示警，若國會無法取得共識，在10月18日前提高舉債上限，屆時聯邦政府手頭資金將用罄，恐導致美國發生史上首次債務違約，引發經濟衰退與金融危機等「災難性後果」（catastrophic consequences）。 針對葉倫的說法，我想透過5個Q&A，讓大家瞭解美國政府債務違約危機，以及可能對經濟情勢、金融市場造成的衝擊。 1. 何謂舉債上限？ 舉債上限（debt ceiling），亦稱「債務限額」（debt limit），是美國財政部為了支付各式「帳單」，被允許借貸的金額。 換言之，在光靠稅收不足以因應政府支出的情況下，美國政府可透過借錢的方式，支付包括社會福利、醫療保障、軍人工資，以及國債等諸多「帳單」，藉以維持國家運作。 據估算，目前美國國債現在已攀升至28.8兆美元以上，超過現行規範的28.4兆美元上限，這也是財政部希望提高舉債上限的原因。 2. 共和黨為什麼不支持提高舉債上限？ 共和黨認為，總統拜登所屬的民主黨，通過包括新冠肺炎疫情紓困、規模達3.5兆美元的社會安全網與氣候政策預算案，使美國處於「失控的支出狂潮」（out-of-control spending spree），恐導致國家債務持續膨脹。 共和黨強調，政府債務已超過國內生產毛額（GDP），在此情況下，民主黨政府應削減支出，而非提高舉債上限，繼續亂花錢。 3. 如果不提高舉債上限，會發生什麼事？ 若此狀況成真，美國將發生史上首次債務違約，結果難料，可能就如同葉倫投書《華爾街日報》所寫的，「會造成廣泛的經濟災難（widespread economic catastrophe）」。 4. 若美國政府債務違約，會對經濟造成哪些影響？ 假如美國政府債務違約，將使數百萬的美國人無法獲得社會保障、醫療保險等福利，聯邦政府恐發不出軍人、公務員薪資。 根據穆迪分析（Moody's Analytics）報告推估，若美國政府發生債務違約，勢必會造成GDP下滑，失去約600萬個工作機會，失業率將急劇攀升。 5. 假如美國政府債務違約，會對股市帶來多大衝擊？ 穆迪分析首席經濟學家贊迪（Mark Zandi）研判，美國政府債務違約，將對疫後初萌芽的經濟情勢帶來災難性打擊，金融市場自然難逃影響，「在拋售最嚴重的情況下，股市恐崩跌近3分之1。」 若情況真如贊迪預估，屆時將有高達15兆美元的家庭財富瞬間被抹除，且在舉債上限問題解決、恢復支付國債前，美債殖利率、抵押貸款利率，以及消費者、企業借貸利率，都會攀升。即使問題解決，利率也難回到先前水準，因為美國國債，已不再是無風險資產。 贊迪預期，若舉債上限僵局延續到11月，財政部將被迫刪減政府支出，藉以抵銷約2000億美元的現金赤字，按年化計算，規模相當於10%以上的GDP，可謂毀滅性的經濟衝擊。 債務限額，規定了美國最多可以借多少錢來支付政府的賬單，這其中也囊括了從社會福利項目到軍隊的工資。根據美國財政部的數據，自1960年以來，該限額已經被提高、暫停或者推遲了78次，其中29次是在民主黨政府時期，49次是在共和黨政府時期。 這非常有趣。 中國房產帝國「恆大集團」日前爆發債務危機，眾所周知，恆大之所以爆發財務危機，就是因為高槓桿經營、借錢太多。 恆大的經營理念，與當今美國政府，多少有些相似。 自柯林頓總統執政之後，美國財政赤字不斷走高；新冠疫情更是讓政府開支陡然增加，只能靠發行更多的國債，解決赤字問題。 高槓桿負債經營一向如此，債務暴雷前，外表永遠是光鮮；恆大「昨天」的狀況，與「今天」的美國何其相似；恆大的「今天」，也有可能成為美國的「明天」。 誠然，美國政府這一次，也可以如同過去無數次的做法，在期限截止之前共和黨讓步，讓美債再次突破上限。依靠美國強大的政治、軍事與經濟地位，讓全球投資者願意繼續借錢。正所謂小國無節制發國債，只會徒增國內通貨膨脹；美國發國債，流動性會被全球吸收。 不過借錢是有上限的。美國的上限，今天雖然暫時還看不到，但別忘記上述恆大的案例，誰能想到這間風光一時的企業，會面臨今日之困局。當再有新冠這樣的「黑天鵝」或其他「灰犀牛」事件到來，可能會發生你我都不願看到的情況。希望恆大前車之鑑，不要是美國的明天。 大部分華盛頓的觀察家認為，兩黨其實都不希望出現國家違約的情況，認為他們會以某種方式達成協議，而這很可能是在最後一刻。 這種情況以前也發生過，但並非沒有代價。2011年在共和黨人阻止提高債務限額後，直到距離美債違約僅剩幾天時間，共和黨終於讓步，因為他們擔心若繼續對峙，會讓中國坐收漁翁之利。 兩黨政策中心的經濟政策主管阿卡巴斯（Shai Akabas）警告稱，「這樣下去後果不堪設想，隨著我們不斷出現這種險象環生的情況，要求改變世界儲備貨幣的呼聲會越來越高。這不利於美元，但可能有利於人民幣。」 二、9月27日，福特汽車公司(Ford Motor Company)宣佈將與南韓電池生產商SK創新(SK Innovation Co Ltd)攜手投資114億美元，打造電動車電池工廠。這項消息帶動福特股價在盤後走高。 國際媒體相關報導 ●Bloomberg彭博新聞網：〈Another Big EV Battery Fantasy, Another Letdown for investors〉(另一個大型電動汽車電池幻想，投資人的另一個失望) ●CNBC：〈Ford CEO Farley says automaker's stock has 'tremendous upside' even after doubling in his first year〉(福特CEO表示，即使在第一年翻倍之後，汽車製造商的股票仍有「巨大的上漲空間」) ●The Wall Street Journal華爾街日報：〈EV Battery Investments Are Getting More Political〉(電動汽車電池投資越來越政治化) 分析解讀 9月30日，福特營運長Lisa Drake說明，預計到2030年時，福特在美國市場會有40%比例 (約150萬輛)車輛產品轉向電動車發展，而在全球市場則預期增加至50%，藉此擴大電動化發展目標。 福特接著宣佈，將在美國田納西州啟動藍瓦城 (Blue Oval City)計畫，將以超過56億美元，建造6平方英哩 (約1554平方公尺)的巨型電動車生產園區，不僅成為福特有史以來最大製造投資，更是福特計畫以114億美元擴大發展的其中一個項目。 同時，藍瓦城計畫也是福特與南韓電池供應商SK Innovation合作項目之一。在藍瓦城計畫以垂直整合形式運作中，更包含福特與SK Innovation共同建造的BlueOvalSK電池產線，藉此生產對應福特與林肯品牌電動車使用電池。 除了在藍瓦城之外，福特也計畫在美國肯塔基州與SK Innovation合作兩座電池工廠，分別將在2025及2026年投入運作。若加上藍瓦城計畫，約可在美國境內創造11000個工作機會。 回到整體的電動車市場，大家可能不知道，今年全球電動車(EV)銷售量可望達到預期的500萬輛，在晶片供應持續吃緊的狀況下，這也會帶來對半導體元件的更高需求。 有鑑於電池動力車輛的晶片內容加倍，市場研究機構IDTechEx預測，車輛電氣化趨勢，會在2021年帶來每輛車額外增加74美元的半導體需求。 面臨晶片缺貨的窘境，電動車業者的財報則是喜憂參半。福特(Ford)不久前宣佈將在電動車與電池生產上投入114億美元資金；而該公司於4月時曾表示，因為晶片供應鏈中斷，今年汽車銷售量會減少110萬輛。 日本車廠豐田(Toyota)在疫情爆發初期，強化了供應鏈渡過難關，之後儘管試圖從混合動力車輛轉向全電動車款，仍然減少了汽車產量。 於此同時，電動車領導業者特斯拉(Tesla)則聲稱，已經在很大程度上解決了晶片缺貨的問題，因此今年也計畫增加電動車產能。 也有越來越多的新興電動車廠鎖定利基市場，從中國的小型「城市車」，到豪華房車與休旅車(SUV)。小型城市車的數量規模有加大趨勢，因此也可能加劇目前晶片短缺的問題。 在這些新興電動車廠中，美國業者Lucid Group不久前宣佈，其位於亞歷桑納州的「先進量產工廠」將生產Lucid Air房車。該公司號稱已經取得超過1萬3,000張訂單，預計在10月就開始出貨。 電動車的競爭，看起來日趨白熱化。 這些車廠因應供應鏈變化挑戰的案例，讓市場研究機構預測電動車未來將會持續成長。DTechEx指出，Ford認為2021年第二季晶片供應鏈中斷的狀況已經「觸底」。不過也有市場分析師指出，2022年晶片短缺情況是否會逐步改善，主要得看居家辦公應用領域的晶片需求是否減少，而非晶圓代工業者是否增加產能。 雖然部分專家依然看好特斯拉，預估其目標價為每股3000美元，但券商TD Ameritrade首席市場策略家基納漢（JJ Kinahan）卻指出，近期部分投資人已開始賣出特斯拉股票。基納漢說：「他們賣股有幾個原因，第一是因為特斯拉重回700美元之上，大家逢高賣出；第二個原因，則與特斯拉在電動車領域面對愈來愈多競爭有關。儘管通用等新對手的電動車之路並非一帆風順，但競爭愈來愈激烈，也造成部分投資人擔憂。」 基納漢說：「去年競爭明顯白熱化，我們的客戶通常賣掉特斯拉後，會換股操作福特和通用。」今年福特和通用股價分別上漲48%和18%，特斯拉則大約是7%。 基納漢也表示：「福特和通用都還沒證明可以在電動車領域與特斯拉分庭抗禮，目前特斯拉優越的電池技術與製造能力，還是有護城河。但我想我們客戶真正期待的，是福特和通用能持續改善策略，隨著時間過去大幅增加競爭力。」 KPMG安侯建業日前發布了一項報告，工業產業主持會計師張字信表示，過去一個世紀以來，石油驅動內燃機（ICE），這樣的單一燃料動力組合，主導了全球汽車工業體系。然而，在全球環保意識抬頭趨勢下，電動車產業逆勢成長，許多先進國家陸續提出燃油車輛退場時間表，先行啟動的國家為挪威與荷蘭，他們宣佈將於2025年禁止銷售燃油新車。在此政策推動之下，將有利電動車的發展，預估未來十年，全球電動車銷量將速度增長。 根據本次調查報告內容，KPMG特別彙整四大重點，「後燃油車時代，汽車產業的下一步」，供汽車產業參考。 1. 10億美元以上的融資，證明電動車方興未艾 雖然我們仍然不知道電池支援的電動汽車（BEV）什麼時候會達到轉捩點，並受到廣大消費者的青睞，但隨著拜登的基礎建設計畫，以及特斯拉的生產銷量和利潤看來，證明汽車產業此起彼落的投資，超過10億美元的開發電動車項目，正在蓄勢待發。 2. 汽車產業不轉型就淘汰 分析師預估，2030年電動車的普及率，將從24%提升到40%，讓傳統車廠備感壓力。如果2030年電動車市佔率達到30%，屆時全球每年將近4,000萬輛燃油車將產能過剩，相當於200家組裝工廠的產量。傳統車廠若不能夠適當地轉型，很可能將面臨倒閉。 3. 多元動力加速研發，以滿足不同需求 目前車廠正面臨轉型的關鍵時期，將捨棄燃油車，主攻電動車。未來將不僅只有電動車，而是會有多種燃料／動力組合，包括內燃機混合車及氫電混和車等，將會是百花齊放的局面，以滿足不同市場的需求。 4. 電動樁、智慧電網的佈局將成為發展關鍵 電動車的佈局，不僅僅是生產製造，要讓電動車普及，充電樁是最關鍵角色。即使在像美國這樣富裕的國家，電動車的基礎設施也尚未完全到位，除了電動樁的建立，電力的供給也存在著不確定性。 全球近40億人們生活在電動車基礎設施不完善的國家，即使在富裕經濟體下，電網也很微弱，許多國家尚未做好電動汽車普及化的準備。台灣也應該去思考城市如何普及電動樁？電動樁是否該成為買房新標配？以及老舊住宅如何透過法令與設計設置充電樁……等問題。 全球汽車產業因新冠肺炎疫情，遇上前所未有的衝擊，並加速了電動車的發展，傳統汽車大廠若無法順利轉型，將面臨倒閉或被收購。十年後，汽車產業將面臨全面的「結構性變化」，汽車產業的排名順序可能會大洗牌，未來幾年將是汽車產業關鍵時刻。新的競爭者拓展其市佔率，舊秩序可能會被打亂而價值鏈將被打破，供應鏈也將重新配置，企業將需要重新調整其業務組合，發展新的商業模式，才能帶動產業變革。 《經濟學人》總評 這期的經濟學人雜誌，我要推薦的是英國版本。在英國版本的封面設計上，經濟學人以一個勘著英國國徽，自高空墜地的火箭筒，諷刺著今非昔比的倫敦金融城。上面兩排字體，黑字寫的是「From Big Bang to a whimper」(從金融大改革到一個獨自低鳴)；小紅字寫的則是「The state of London's stock market」(倫敦股票市場的現況)。 Big Bang，意指金融大改革，或「金融大爆炸」。金融大改革是指英國在1986年由柴契爾政府領導的倫敦金融業政策變革。該變革旨在大幅度減少監管。改革後，外國財團被允許購買英國上市企業，倫敦金融城投資銀行和經紀公司的構成和所有權，發生了翻天覆地的變化。金融城引入更國際化管理作風，使用電腦和電話等電子交易方式，取代了過去傳統的面對面談價，使競爭激烈程度劇增。 在英國版本的封面故事裡，探討的是倫敦股市的糟糕狀態。 2006年時，在倫敦上市的企業全體市值還佔全球股票市場的10.4%，但今天，這個份額只剩下了3.6%。倫敦落後的情況，甚至遠遠不如那些原來就處於落後群體的股票市場。同時期，它在歐洲股票市場總市值中的份額，也從36%下降到了22%。FTSE 100指數中，只有不到2%的價值是來自科技企業，而美國的S&P 500指數中，則有著近40%來自科技公司。 股票市場是任何聲稱自己是金融中心的一個重要組成部分，上市企業對上市地區的金融活動，以及迎合這些活動的會計和法律服務，都會產生影響。金融服務業一直是英國最成功的產業之一，更貢獻了高達6%的GDP和約10%的英國稅收。 倫敦股市迫切需要一個拯救方案，經濟學人提出了一些建議，包括改革公司治理規則、減少上市的繁文縟節、改革資產管理公司發展，以及鼓勵新創企業上市等等。 我個人覺得，英國的經驗非常值得台灣參考，因為台灣的金融市場也是動作太慢！ Powered by Firstory Hosting

Topics for Nik Miles, Truck Girl Jen, and Automatic Andy: Ford's Sam Locrichio calls in to give us the details on the 2022 Expedition North America EV footprint director Greg Christensen tells us all about “Blue Oval City” Anthony Garbis from Audi fills us in on the 2022 A3, S3, and RS3 Automatic Andy talks about the Mach E GT, and the Jeep Grand Wagoneer Anton Wahlman and Nik break down the automotive news of the week

In der 171. Folge des EV News Frühstück am Sonntag, präsentiere Ich Euch die wichtigsten News und Hintergründe der Elektromobilität, Nachhaltigkeit und erneuerbarer Energie. Macht Euch einen Kaffee oder Tee, genießt Euer Sonntagsfrühstück und werdet aktiver oder passiver Teil dieser tollen Livesendung. Unterstützt meine Mission mit einem virtuellen Kaffee, bei meiner Mission die Welt etwas besser zu machen unterstützt. (Ohne Abzüge) https://ko-fi.com/fa1rcoffee Mein Tesla Referral Link: (damit bekommt Ihr und auch Ich 1500km kostenloses Supercharging) https://ts.la/andre83791 oder unter Tesla.fa1r.de Tibber der Stromanbieter der Zukunft, kaufe Öko-Strom zum Einkaufspreis: 50€ Guthaben für Tibber-Shop http://tibber.fa1r.de Meine Crypto Anbieter, die ich nutze: Crypto.com App (25€ Signup Bonus) https://crypto.com/app/325ukyuaty Binance die umfangreiche AllinOne Lösung mit einer gigantischen Liquidität und Altcoins: (10% lebenslanger Rabatt auf die Gebühren) https://www.binance.com/de/register?ref=ZNNED2DH Discord Server: http://discord.fa1r.de

This week, Todd Bianco's rundown of auto industry news includes: Volvo priced its C40 Recharge; the Acura Integra is coming back; people have too much money to spend at car auctions; Mercedes has a V8 problem; Dodge has an electrification plan; Cadillac is losing some dealers but gaining new ones; Lucid Air Dream Edition Range is rated at 520-mile range and Lucid has started production; Ford is recalling Mach-E electric SUVs for loose windshields and glass roofs; Redwood Materials is going to recycle our batteries; VW ID.4 earns Top Safety Pick+; we will get a Bronco Raptor; Audi priced its new Q4 E-Tron; Volvo wants to go leather-free; Polestar is going public with a $20 billion value; Ford investing in Blue Oval City and BlueOvalSK Battery Park in Tennessee and Kentucky; the Rivian R1T and BMW iX went to press preview and have glowing reviews so far. Todd also looks at JD Power's Most Appealing 2021 list and iSeeCars.com's list of 16 Cars that Cost More Used Than New. In the second part of the program, it's the weekly auction-picking on BringATrailer.com. John McMullen's picks: A 2021 Mercedes G63 Barbus G800; a 1973 Porsche 914; a 1978 Lincoln Continental Mark V; a vintage Japanese tinplate concept car collection. https://bringatrailer.com/listing/2021-mercedes-benz-g800-brabus/ (https://bringatrailer.com/listing/2021-mercedes-benz-g800-brabus/) https://bringatrailer.com/listing/2021-mercedes-benz-g800-brabus/ (https://bringatrailer.com/listing/1973-porsche-914-59/) https://bringatrailer.com/listing/2021-mercedes-benz-g800-brabus/ (https://bringatrailer.com/listing/1978-lincoln-continental-12/) https://bringatrailer.com/listing/2021-mercedes-benz-g800-brabus/ (https://bringatrailer.com/listing/tinplate-concept-cars/) Todd Bianco's picks: a 1973 Chevy Chevelle Malibu SS 454 Wagon; a 1968 Mercury Cougar GT-E XR-7 4-speed; a 1968 Fiat Dino Coupe; a 1990 Nissan 300ZX and a 2006 Land Rover Ranger Rover Sport Supercharged. We also looked at 3 vintage window sticker. https://bringatrailer.com/listing/1973-chevrolet-chevelle-malibu-2/ (https://bringatrailer.com/listing/1973-chevrolet-chevelle-malibu-2/) https://bringatrailer.com/listing/1968-mercury-cougar-gte-4-speed/ (https://bringatrailer.com/listing/1968-mercury-cougar-gte-4-speed/) https://bringatrailer.com/listing/1967-fiat-dino-17/ (https://bringatrailer.com/listing/1967-fiat-dino-17/) https://bringatrailer.com/listing/1990-nissan-300zx-48/ (https://bringatrailer.com/listing/1990-nissan-300zx-48/) https://bringatrailer.com/listing/2006-land-rover-range-rover-sport-3/ (https://bringatrailer.com/listing/2006-land-rover-range-rover-sport-3/)

Facebook pinta que dejará de desarrollar su proyecto “Instagram Kids”. Ambos presidentes de la FED anuncian su retiro. Janet Yellen dijo que tiene 3 semanas más para parar el endeudamiento antes de que se haga más grande y ocasione una recesión económica. El productor brasileño de petroquímicos Braskem dijo el martes que llegó a un acuerdo de suministro de gas con Pemex para resolver las cuestiones pendientes entre ambas compañías y construir una terminal de etano. Empresas de bebidas alcohólicas artesanales piden que se les cobre el IEPS por el contenido de alcohol y no por el precio. Las acciones de Disney cayeron un 2.3% el martes después de que Wells Fargo recortara el objetivo de precio para la acción. Lego registró beneficios y ventas históricas en el primer semestre de 2021, gracias a una fuerte demanda y la reapertura de sus tiendas. Ford y SK Innovation anunciaron una inversión de 11,400 millones de dólares para impulsar dos plantas bajo el concepto de Blue Oval City. Y por último y algo lamentable, México registró en agosto pasado un déficit comercial de 3,902 mdd.

- Ford Announces Massive EV Investment- EV Pickup Production Plans- VW Still Paying Diesel Fines- Citroen Adds Long Length to Electric SpaceTourer Lineup- 1st Official Photo of New Corvette Z06- Chevy Updates Tahoe and Suburban- BMW AV Transporters Outside of Plant- Can You Name This Mystery Car?

- Ford Announces Massive EV Investment - EV Pickup Production Plans - VW Still Paying Diesel Fines - Citroen Adds Long Length to Electric SpaceTourer Lineup - 1st Official Photo of New Corvette Z06 - Chevy Updates Tahoe and Suburban - BMW AV Transporters Outside of Plant - Can You Name This Mystery Car?