Suzuki to invest $35bn into EVs including electric motorcycles

kage173
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Johnny Ringo
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1/26/2023 12:25pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

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mikelawlor
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1/26/2023 1:01pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Suzuki sells a lot of cars and a lot of outboard motors. Motorcycles is just a small slice of there pie. Hence why they don’t give a shit about motorcycles especially off road ones. Where as KTM group is 80% off-road and 20% on road but all motorcycle company. 

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BobPA
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1/26/2023 1:16pm

Maybe they can finally develop a starter motor... 

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Magoofan
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1/26/2023 1:17pm

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

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The Shop

Press516
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1/26/2023 1:24pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

25
1
1/26/2023 1:35pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

Yes with all this money and top level riders they have across the globe they could build a great product. 

Instead we are stuck with a ever aging chassis and even more outdated motor.

If only we could prove to them to update their bikes would be beneficial.

But more people steer clear of Suzuki because they are the least updated bike.

They could have a great racing team back to the Carmichael and Stewart era if they would invest more money into it.

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KurtJ99
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1/26/2023 1:39pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

We don't have the infrastructure for all the housing we continually add - we don't want power generation with fossil fuels and nuclear takes years to build. Just another straw on the camels back. 

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BobPA
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1/26/2023 2:01pm Edited Date/Time 1/26/2023 2:07pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

Their annual revenue is 3.5 trillion yen, not dollars. It is actually $26.88 billion dollars. Still quite a bit bigger than KTM, but $3.5 trillion would be 75% of Japan's GDP for 2022.
 

Divide your figures by 0.0077 to achieve the real USD ($) value.

 

For reference Apple's revenue for 2022 was $394.33 billion. Do you think Suzuki is 9 times bigger than Apple?

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Spergen
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1/26/2023 2:02pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

If 15% of the UK car owners swapped to electric tomorrow then the generation and distribution of electricity around the country would have to quadruple.   No idea for other countries but I'm sure it's similar. 

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Magoofan
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1/26/2023 2:06pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

Spergen wrote:
If 15% of the UK car owners swapped to electric tomorrow then the generation and distribution of electricity around the country would have to quadruple.   No...

If 15% of the UK car owners swapped to electric tomorrow then the generation and distribution of electricity around the country would have to quadruple.   No idea for other countries but I'm sure it's similar. 

Interestingly,  I saw an article that Britons are paying more to charge their EV's than it cost them to fill ICE cars with "petrol". 

 

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Teejay
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1/26/2023 2:21pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

Spergen wrote:
If 15% of the UK car owners swapped to electric tomorrow then the generation and distribution of electricity around the country would have to quadruple.   No...

If 15% of the UK car owners swapped to electric tomorrow then the generation and distribution of electricity around the country would have to quadruple.   No idea for other countries but I'm sure it's similar. 

Magoofan wrote:

Interestingly,  I saw an article that Britons are paying more to charge their EV's than it cost them to fill ICE cars with "petrol". 

 

That’s progress for you!  But you do get to drive for almost 200 miles without the heater on. 

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GrapeApe
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1/26/2023 2:42pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations to produce and sell us more electricity.  The EV thing is already underway and will proceed very slowly, plenty of time for infrastructure to expand if that is really your concern.

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SEMAC
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1/26/2023 2:59pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Funny

Dirt.Squirt
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1/26/2023 4:50pm

Called it 

1/26/2023 5:00pm

EV's are going to be terrible for society.

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SonofThor32
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1/26/2023 5:19pm

People thought I was an idiot for drawing KRs choice to move to Suzuki to his appreciation of electric MX bikes (please tell me we all have not forgotten him going off about how much he loved the Stark).  I knew Suzuki was pushing towards electric bikes (this is not news), he could potentially have things lined up with Suzuki well beyond his racing years.

I could still be an idiot, but there is a couple of facts that may or may not be tied together.

5
Moto Nomad
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1/26/2023 5:30pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

GrapeApe wrote:
Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations...

Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations to produce and sell us more electricity.  The EV thing is already underway and will proceed very slowly, plenty of time for infrastructure to expand if that is really your concern.

A lot of the states are also starting to put EV charging infrastructure into electric rates, meaning utility customers will be paying for it whether they want to or not (this is true in both regulated and competitive state electricity markets). Utilities sell more power, EV companies make more money etc.

1
brocster
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1/26/2023 5:37pm
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

GrapeApe wrote:
Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations...

Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations to produce and sell us more electricity.  The EV thing is already underway and will proceed very slowly, plenty of time for infrastructure to expand if that is really your concern.

The current infrastructure is engineered for current max capacity plus a small buffer you can’t just up the power from the plant and expect the current distribution system/grid to handle it. It needs to be upsized as a whole and that takes work, lots of it and none of that is happening at the moment. I kinda know a smidge about it and I just don’t see it but hey, maybe Newsom can pull some infrastructure out his hat…

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brocster
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1/26/2023 5:48pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

Yes with all this money and top level riders they have across the globe they could build a great product.  Instead we are stuck with a...

Yes with all this money and top level riders they have across the globe they could build a great product. 

Instead we are stuck with a ever aging chassis and even more outdated motor.

If only we could prove to them to update their bikes would be beneficial.

But more people steer clear of Suzuki because they are the least updated bike.

They could have a great racing team back to the Carmichael and Stewart era if they would invest more money into it.

Tell us more about this aging chassis and aging motor and what the benefits of updating it are. Just not seeing where “updates” are holding the average rider back. I would bet my paycheck on the average consumer is no faster on a, pick a brand, factory edition with all the “updates” than on a Suzuki without. Maybe that’s how Suzuki sees it as well. i.e. what’s the point of Engineering, R&D and manufacturing costs for a couple milliseconds on the track and low and behold the coveted  e start. 

1
1/26/2023 6:07pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

mikelawlor wrote:
Suzuki sells a lot of cars and a lot of outboard motors. Motorcycles is just a small slice of there pie. Hence why they don’t give...

Suzuki sells a lot of cars and a lot of outboard motors. Motorcycles is just a small slice of there pie. Hence why they don’t give a shit about motorcycles especially off road ones. Where as KTM group is 80% off-road and 20% on road but all motorcycle company. 

1
Press516
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Fantasy
1/26/2023 6:28pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

BobPA wrote:
Their annual revenue is 3.5 trillion yen, not dollars. It is actually $26.88 billion dollars. Still quite a bit bigger than KTM, but $3.5 trillion would...

Their annual revenue is 3.5 trillion yen, not dollars. It is actually $26.88 billion dollars. Still quite a bit bigger than KTM, but $3.5 trillion would be 75% of Japan's GDP for 2022.
 

Divide your figures by 0.0077 to achieve the real USD ($) value.

 

For reference Apple's revenue for 2022 was $394.33 billion. Do you think Suzuki is 9 times bigger than Apple?

Yes, thank you...  I actually pulled up both annual reports and was comparing.  It's funny, because I immediately thought the number was too high, but didn't dig further because I had to go back to work...

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wwdiii
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1/26/2023 7:24pm

They have that kind of cash? I thought KTM was going to buy them for like $1500? There are multiple threads on it

Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

Yes with all this money and top level riders they have across the globe they could build a great product.  Instead we are stuck with a...

Yes with all this money and top level riders they have across the globe they could build a great product. 

Instead we are stuck with a ever aging chassis and even more outdated motor.

If only we could prove to them to update their bikes would be beneficial.

But more people steer clear of Suzuki because they are the least updated bike.

They could have a great racing team back to the Carmichael and Stewart era if they would invest more money into it.

Suzuki is a large company, north of 16 billon in US dollars.  The trillion is probably Yen or Monopoly money.  

BobPA
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1/26/2023 7:27pm
Press516 wrote:
Yes, thank you...  I actually pulled up both annual reports and was comparing.  It's funny, because I immediately thought the number was too high, but didn't...

Yes, thank you...  I actually pulled up both annual reports and was comparing.  It's funny, because I immediately thought the number was too high, but didn't dig further because I had to go back to work...

Sill impressive numbers. They are clearly making money else where. They need one of the higher-ups to have more passion for moto and not just their wallet.

3
1/27/2023 4:07am

I believe we have a suzuki expert around. Tyler something? Im sure he will be invaluable as to big yellow and her plans.

1/27/2023 7:54am
Press516 wrote:
Right?? Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion... KTM's annual revenue is around $1.8 billion and net income around $104 million...

Right??

Suzuki's annual revenue exceeds $3.5 trillion and net income over $134 billion...

KTM's annual revenue is around $1.8 billion and net income around $104 million.

Suzuki could buy KTM out of their petty cash...

Which is one of the reasons we are all pissed that they don't give a shit about their dirt bikes...

Yes with all this money and top level riders they have across the globe they could build a great product.  Instead we are stuck with a...

Yes with all this money and top level riders they have across the globe they could build a great product. 

Instead we are stuck with a ever aging chassis and even more outdated motor.

If only we could prove to them to update their bikes would be beneficial.

But more people steer clear of Suzuki because they are the least updated bike.

They could have a great racing team back to the Carmichael and Stewart era if they would invest more money into it.

brocster wrote:
Tell us more about this aging chassis and aging motor and what the benefits of updating it are. Just not seeing where “updates” are holding the...

Tell us more about this aging chassis and aging motor and what the benefits of updating it are. Just not seeing where “updates” are holding the average rider back. I would bet my paycheck on the average consumer is no faster on a, pick a brand, factory edition with all the “updates” than on a Suzuki without. Maybe that’s how Suzuki sees it as well. i.e. what’s the point of Engineering, R&D and manufacturing costs for a couple milliseconds on the track and low and behold the coveted  e start. 

I would agree your average rider won't all of a sudden be a super star. 

I could care less about the electric start just don't stall it. 

But having suspension setup correctly versus having to instantly revalve your 450 and 250 (read reviews)

Having a motor that has a more linear power and newer fuel injection setup would make a better handling bike for your average rider. 

right now I can barely find parts for my bike and will have to buy another bike this year. 

Broke my rear master cylinder and had to get from Suzuki Usa and was the last one they had in stock.

Building a world class racing team will help reinstate the brand has one of the best again and increase sales. 

I bet this next year if Roczen finishes in the top 5 Suzuki will start to see sales rise. 

GrapeApe
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1/27/2023 8:16am Edited Date/Time 1/27/2023 8:21am
Magoofan wrote:

...and still, we don't and won't have the infrastructure to be able to charge all these "green" vehicles....lol

 

THe pipe dream just keeps doubling down....

GrapeApe wrote:
Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations...

Do you have any idea what the profit margins look like for electricity producers? Trust me, they will be more than happy to scale their operations to produce and sell us more electricity.  The EV thing is already underway and will proceed very slowly, plenty of time for infrastructure to expand if that is really your concern.

brocster wrote:
The current infrastructure is engineered for current max capacity plus a small buffer you can’t just up the power from the plant and expect the current...

The current infrastructure is engineered for current max capacity plus a small buffer you can’t just up the power from the plant and expect the current distribution system/grid to handle it. It needs to be upsized as a whole and that takes work, lots of it and none of that is happening at the moment. I kinda know a smidge about it and I just don’t see it but hey, maybe Newsom can pull some infrastructure out his hat…

I'm not talking about current infrastructure. I'm talking about the infrastructure that will be in place over the next 10+ years when the EV thing really starts to hit stride.  Companies will invest billions to expand infrastructure to make sure supply keeps up with demand, and the percentage returns on those investments will be measured in the hundreds.  Nobody is going to just throw their hands in the air and say sorry man we can't produce any more electricity when there is that much money to be made. 

 

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