Buyers are increasingly turned off by electrification when it comes to supercars.
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These cars live in very different price domains, and volume segments.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
Your link says the SU7 Ultra starts at about $70k. Non-Chinese automakers can apparently only deliver a basic SUV at that price. Maserati was probably hoping to charge at least 3x what Xiaomi is charging.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
The SU7 Ultra also has brakes that cook themselves to death in a hot lap or two. A shitload of power in an underbaked, half-assed performance car is just a party trick. Hell, I drove a Porsche Taycan with less than half the power and it was a vastly better car than Xiaomi will ever produce, but it was still a party trick because it is impossible for a typical driver in typical conditions to take advantage of 750hp. And big power is cheap and easy with EVs.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
The Xiaomi is a Model S competitor, not a supercar.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
Even at that, it's a small volume segment, and most of the vehicles in it are kept in climate-controlled garages and fussed over by teams of professional detailers and preservationists, not actually driven. I went to a facility a couple of weeks ago that just exists to store extremely wealthy guys' car investments, and saw several decades worth of desirable cars sitting in what amounts to automotive hibernation until they can be sold for a profit. We're talking Porsche 918 Spyders with 29 miles on the odometer, GT40s, a 997 Speedster, just insane shit.I thought "well, I guess all five or six guys in the world who can afford super/hyper/mega cars prefer ICE" but apparently it's a $30 billion market annually. Somehow. Shows what I know!
The skill of making your customers happily pay 250k+ for a car is indeed a rare gift that few have mastered.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
Exactly. It's a Veblen good. Owning a Ferrari or a Maserati means you're the kind of baller who can get on the allocation list and actually buy the thing.The point of buying a supercar is to flaunt your wealth more than anything because, and I say this as a MASSIVE car nerd, there's very little advantage otherwise. A Corvette will eat a lot of supercars for breakfast at a fraction of the cost.
No, of course not. It's not about the raw numbers. It's about how a Ferrari makes you feel, and that's different than how a Lucid Air makes you feel.Wonder if Italian supercar buyers will change their minds when a 4-door sedan (Lucid Air) blows the doors off their Ferrari.
Something, something, if a chimp was a hoarding this many completely unused bananas, the troop would beat him to fucking death.Even at that, it's a small volume segment, and most of the vehicles in it are kept in climate-controlled garages and fussed over by teams of professional detailers and preservationists, not actually driven. I went to a facility a couple of weeks ago that just exists to store extremely wealthy guys' car investments, and saw several decades worth of desirable cars sitting in what amounts to automotive hibernation until they can be sold for a profit. We're talking Porsche 918 Spyders with 29 miles on the odometer, GT40s, a 997 Speedster, just insane shit.
Of course they won't. It's not about the raw acceleration.
And not just any old bananas, we're talking that good Gros Michel shit that tastes like banana custard and went extinct 70 years ago, just hoarded in a little chimp-cave with some bonobos gently buffing them to a high shine.Something, something, if a chimp was a hoarding this many completely unused bananas, the troop would beat him to fucking death.
Eh. Most of these things don't get driven enough for their emissions to matter. You can't take a Maserati to Costco without feeling like a bit of a berk, so most of these guys have a Cayenne or a Range Rover that they drive 98% of the time.Yeah. A preference for ICE (aside from any relevant cost concerns in the mass market) is about the look, vibes, nostalgia, etc. Maybe their inner child wanting a “vroom vroom” sound. And maybe falling in line with whatever trend grips them at the moment.
Raw numbers and non toxic air?![]()
Your critique is fair enough—raw horsepower alone is no guarantor of virtue. Yet dismissing Xiaomi as merely a 'party trick' might prove premature, given that their SU7 Ultra prototype recently carved a Nürburgring lap in 6:46.87—rather a stern rebuttal to the charge of being 'half-assed.'The SU7 Ultra also has brakes that cook themselves to death in a hot lap or two. A shitload of power in an underbaked, half-assed car is just a party trick. Hell, I drove a Porsche Taycan with less than half the power and it was a vastly better car than Xiaomi will ever produce, but it was still a party trick because it is impossible for a typical driver in typical conditions to take advantage of 750hp. And big power is cheap and easy with EVs.
Building an electric car - or any car - that is capable not just of nauseating acceleration pulls but which has the engineering, components, and suspension dynamics to withstand a day of hot laps is a dramatically different story.
Even Ferrari's until-now-legendary resale values have started to crack when the model in question needs plugging in
I don’t know about the others but to me electric cars are very simple machines so it’s all about the price. Yes you can a little extra for a halo overpower model but cmon as shown by Xiaomi there’s no need to charge mega money for mega performance.Meanwhile, Xiaomi's 1,500-horsepower SU7 Ultra secures nearly 7,000 orders in 10 minutes, promptly laying waste to any notion that the electric supercar is inherently unsellable.
Perhaps the Italian marque's difficulty lies not in electrification itself, but in their timidity before innovation. Or, to put it plainly: it seems like a 'skill issue'.
Now that would be fun. Imagine the next Maserati is actually a Volvo in drag. Or vice versa.Stellantis is trying to find a buyer for Maserati because it was losing more than 20k USD for every car it sold. There is reporting suggesting that Geely is one such potential buyer.
Eh, I dunno. The supercar is all about status and you establishing your superiority to the pleebs who haven't bought enough Porches to get a 718 Cayman GT4 RS allocation.Exactly. It's a Veblen good. Owning a Ferrari or a Maserati means you're the kind of baller who can get on the allocation list and actually buy the thing.
No, of course not. It's not about the raw numbers. It's about how a Ferrari makes you feel, and that's different than how a Lucid Air makes you feel.
Conspicuous consumption. This was demonstrated to me quite blatantly when my wife dragged me through a Prada shop in Las Vegas. There were a tiny few items on display. Like maybe 2 purses in a 4 foot glass case. Maybe 7 or 8 cases in the large shop, mostly empty space. One thing that caught my eye was a "credit card purse". It was just bigger than a modern cell phone (this was in 2006 or so). It was made of cheap looking injection molded plastic. It sported the Prada logo. It was 900 dollars.The point of buying a supercar is to flaunt your wealth more than anything because, and I say this as a MASSIVE car nerd, there's very little advantage otherwise. A Corvette will eat a lot of supercars for breakfast at a fraction of the cost.
So, an EV, which is efficient and quiet does not scream "look at me! I'm rich!" nearly as much as a v8/v10/v12 sucking down gasoline like that one uncle does beer at a 4th of July party.
Also, it probably doesn't help that Maserati has a horrible reputation when it comes to electrical systems . . .
Wonder if Italian supercar buyers will change their minds when a 4-door sedan (Lucid Air) blows the doors off their Ferrari.
But how involved and fun can it be if you don't control the spark? My grandpa's '29 Model A has a lever to advance or retard spark when needed, and it's all automated these days. Modern (ie 1930s and newer) cars with automatic spark control are just not as fun and involving.From my perspective, driving a supercar has always been about hitting the shift points as anything. When you go with an electric or with an automatic transmission, you are killing much of the fun of the car. (The trend of supercars that shift for you makes me very sad.)
That's not nothing, and it speaks to Xiaomi's commitment to building credibility, but a hand-built prototype lapping the 'Ring quickly at the hands of an elite driver is also not the show of power they'd like it to be, at least to me - and it does not automatically give them credibility their production models haven't. A big part of why a Porsche is a Porsche (for example) is that it remains as tractable, predictable, and communicative at the very limit of its lateral grip or ten hot laps into a track day as it is cruising in a straight line. And that's true of any Porsche you drive off the lot, they're all ready to be flogged hard; even my buddy's 30 year old Boxster needed very little prep to do a hard performance driving school track day. There's a deep bench of institutional knowledge at Porsche (and BMW, and Ferrari, and Mercedes/AMG) built through decades building both street and motorsports cars, and that comes through in the experience. In contrast, a lot of Teslas gets squirrelly at high speeds and have damping issues, and like I mentioned earlier, SU7 brakes can overheat and fail with no warning midlap; there just isn't that deep knowledge of how to keep a car forgiving and controllable in relatively extreme conditions, even by a non-elite driver, and it shows. They're impressive until they aren't.Your critique is fair enough—raw horsepower alone is no guarantor of virtue. Yet dismissing Xiaomi as merely a 'party trick' might prove premature, given that their SU7 Ultra prototype recently carved a Nürburgring lap in 6:46.87—rather a stern rebuttal to the charge of being 'half-assed.'
It seems to me that if Xiaomi can produce such speed from their freshman automotive effort, the established marques, Maserati included, should perhaps feel more embarrassed than amused.
The Nürburgring version goes for $114,200, though I suspect it will have a hard time doing a sub-7-minute lap time at the ring.
Eh, I dunno. The supercar is all about status and you establishing your superiority to the pleebs who haven't bought enough Porches to get a 718 Cayman GT4 RS allocation.
If, after all that money, a sedan pulls up next to you, with a family of 4 in it, and the kid in the back sticks out his tongue as his parents' Lucid Air Sapphire, which somehow costs way less than your Porsche, blows you away at the stoplight . . . well, doesn't that impact your status?
I'd think it would.
For what it's worth, Ford's CEO and Kyle from "Out of Spec" loved the "Max" variant of the SU7.That's not nothing, and it speaks to Xiaomi's commitment to building credibility, but a hand-built prototype lapping the 'Ring quickly at the hands of an elite driver is also not the show of power they'd like it to be, at least to me.
Sure. No doubt it's a very high-value car and I'm sure it punches above its weight. It just doesn't automatically get credibility because it slings a lot of power.For what it's worth, Ford's CEO and Kyle from "Out of Spec" loved the "Max" variant of the SU7.
My dad drives a Porsche and somewhat frequently has people try to mean mug him and try to race. But he really doesn't give any more of a shit about valet stands than he does about Kevin revving his Charger at him; he's driving his dream car and he he's had it sideways on a track, so he just feels like big Kev can burn all the rubber he wants, but he's not in the Porsche.Ferraris have only rarely ever been the fastest at anything, and that's never hurt them. No one buys a particular supercar because it's absolutely faster than everything else, they buy it because it's exclusive, and beautiful, and sounds great, and they make it trivially easy to get laid. The guy in the Porsche isn't going to give a single shit about how the Lucid makes him look at the stoplight because he's more concerned with what he looks like when he pulls up to the valet stand.
There's also a set ofMy dad drives a Porsche and somewhat frequently has people try to mean mug him and try to race. But he really doesn't give any more of a shit about valet stands than he does about Kevin revving his Charger at him; he's driving his dream car and he he's had it sideways on a track, so he just feels like big Kev can burn all the rubber he wants, but he's not in the Porsche.
I disagree . . . a bit. I think that a lot of people that buy Ferraris are buying them because they believe those cars to be the ultimate status symbol and, as such, the best car. They may or may not be obsessed with cars like I am, but I'm willing to bet that MOST owners fully expect to be the fastest thing on the road at any given time because they bought a fucking Ferrari, and dammit, that means fast!Ferraris have only rarely ever been the fastest at anything, and that's never hurt them. No one buys a particular supercar because it's absolutely faster than everything else, they buy it because it's exclusive, and beautiful, and sounds great, and they make it trivially easy to get laid. The guy in the Porsche isn't going to give a single shit about how the Lucid makes him look at the stoplight because he's more concerned with what he looks like when he pulls up to the valet stand.