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TITO: Electric Argentine car

argentinareports.com

81–90 of 159 posts

Re: TITO: Electric Argentine car

#81
post #38

Earlier quoted context omitted.

> Remember that the minimum wage here is around USD 200 Q: 200 USD over what time period?

They meant monthly, though it's not quite that low. According to Reuters[0], the national minimum wage as of this month is 45,540 (around 368 USD), and it will be increased again in August. [0]: https://www.reuters.com/world/americas/argentina-accelerates...

Reuters is using the fraudulent official exchange rate, not the real exchange rate, which is currently $216-$220 per US$. So if you take your monthly minimum-wage salary and convert it into dollars you will get about US$200, not US$368. You need government authorization to buy (a small amount of) dollars at the official rate, and there's a government policy to reserve dollars for rich people, so if you're working a minimum-wage job you won't get that authorization.

If you're changing a larger amount of money at the free-market rate you can get as much as US$207 for each $45540.

Re: TITO: Electric Argentine car

#82
post #15
post #2

may be i'm spoiled by US market, yet it looks like a pretty high price for pretty underwhelming specs: "The basic edition costs around USD $16,500 and you’ll pay around $18,250 if you want air conditioning. ... “TITO” is a 2.83 meter long, three-door urban car, with enough space for four people. It has a 4.5 kWh powered electric motor which receives its energy from a lithium battery with an eight kWh capacity. "

This would never be highway certified in the US - which means it would basically be classed as a Neighborhood Electric Vehicle, so it would compete against golf carts here. I'm not saying that is the correct approach to classifying vehicles, just what I would expect to happen if it were brought to the US. As far as the price, if Argentina has tariff protections for automotive production, that could explain the price.

This would never be highway certified in the US - which means it would basically be classed as a Neighborhood Electric Vehicle, so it would compete against golf carts here.

I wish there was a NEV-plus standard that had a 40 or 45mph top speed, that could get me to work, part of my commute is on roads with a 45mph limit, and a NEV can't drive there. I don't mind avoiding freeways and sticking to smaller roads, but I'd still have to drive on 45mph roads.

I drive a small EV now and while it can go 80mph without any trouble, it's much more than I need in a commute vehicle.

Re: TITO: Electric Argentine car

#84
post #17
post #7

As an Argentinean, we can get it for around USD 9.5k, but it lacks many basic features. It can't even go faster than 40 miles per hour / 65 km/h, so it can't really drive on freeways. It doesn't even have a trunk, so not really useful for groceries either (see https://youtu.be/B5_A2F_cDNI?t=139 ) No airbags either, but at those speeds it's probably not as useful (at least that's what they imply in its FAQs). Remember…

This is like the Venezuelan Vergatario. A Communist government selling a Chinese rebranded product as a national product.

In Argentine Spanish "verga" means "dick" (commonly in the metaphorical meaning "useless" or "annoying"), and "-tario" is a suffix meaning "recipient of" (an action), like English "-ee"—for example when leasing a house, the lessor is the "locator" and the lessee is the "locatario". This gives the amusing reading "recipient of dicking" to "Vergatario". So I don't think the Venezuelan cellphone would sell well here under that name.

Re: TITO: Electric Argentine car

#86
post #7

As an Argentinean, we can get it for around USD 9.5k, but it lacks many basic features. It can't even go faster than 40 miles per hour / 65 km/h, so it can't really drive on freeways. It doesn't even have a trunk, so not really useful for groceries either (see https://youtu.be/B5_A2F_cDNI?t=139 ) No airbags either, but at those speeds it's probably not as useful (at least that's what they imply in its FAQs). Remember…

The price quoted on https://movilidad.coradir.com.ar/tito/ is $2 120 250 or US$16 500, and indeed at the AR$220 dólar blue the peso price works out to about US$9600 today. I wonder why this price discrepancy wasn't mentioned in the "Argentinareports" article? Maybe they're just reprinting a company press release, complete with obviously photoshopped photos of the truck?

As for groceries, usually if those aren't local I carry them home on the bus or in an Uber, so a passenger seat to stack them on would be a nice upgrade.

Re: TITO: Electric Argentine car

#87

Earlier quoted context omitted.

I think you're right. I found the car for less than 6 thousand USD in Alibaba. Someone else on this thread claims that Argentina is selling it for 9.5 thousand USD. The title claims it's a 100% Argentine car. And yet the article states the following: >In 2018 Coradir’s CEO and his team decided to develop a battery bank platform, motor train and all the associated electronics so that any national car manufacturer coul…

I don't get what your point about the quote is. What is contradictory about the article and the claim?

If Coradir did "develop a battery bank platform, motor train and all the associated electronics" then why are they reselling a Chinese design? Are the Chinese manufacturers using the Coradir-developed battery bank platform, motor train, and electronics?

Re: TITO: Electric Argentine car

#88

Earlier quoted context omitted.

I think you're right. I found the car for less than 6 thousand USD in Alibaba. Someone else on this thread claims that Argentina is selling it for 9.5 thousand USD. The title claims it's a 100% Argentine car. And yet the article states the following: >In 2018 Coradir’s CEO and his team decided to develop a battery bank platform, motor train and all the associated electronics so that any national car manufacturer coul…

I don't get what your point about the quote is. What is contradictory about the article and the claim?

The headline claims that the Tito is a 100% Argentine car.

The article states that they failed to develop their own car platform so they decided to sell the car that they already had.

The car that they already had appears to be a Chinese car that you can buy online.

Thus, the claim that the TITO is a 100% Argentine car appears to be a lie.

Re: TITO: Electric Argentine car

#89

The TITO is virtually identical to products from the Chinese white label EV manufacturer "Today Sunshine"[1]. I bet this is a made in China, assembled in Argentina type deal at best. [1] https://www.todaysunshine.com/

Seems pretty darn clear after watching one of the Youtube TITO videos. Same steering wheel, same design on the air vents with different inserts, same entertainment cutouts, etc..

Re: TITO: Electric Argentine car

#90
post #83

Earlier quoted context omitted.

Maybe meant $2.00 USD per hour?

No, Argentine wages are given per month, not per hour.

Are they paid per month as well? I've always thought that is an ideal way to receive wages.

Pay all bills due for the month and live off the rest.

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