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Consumer Reports is out with its annual owner satisfaction survey, showing Rivian to be far and away the most-loved car brand according to owners. The rating comes soon after Consumer Reports strangely listed the R1S as one of its “least favorite cars we tested in 2023.”

Consumer Reports does an annual survey of its readers, with 330,000 responses from owners of all sorts of vehicles in the 2021-2024 model years. In the past, electric vehicles have ranked well in the survey, and this year is no different, with Rivian topping the list by a commanding margin.

In this year’s rankings, Rivian was the only brand, out of 29, to reach a satisfaction score of 5 out of 5. Six other brands got a 4 out of 5 score, with the biggest chunk of brands receiving a score of 3.

Beyond the satisfaction score, Consumer Reports also asked owners if they would buy from that brand again. In this survey Rivian again ranked the highest, with an 86% score, 9% higher than Mini’s 77% second-place score. And that 9% gap is a big one – it’s the biggest gap between places on the list, with other brands largely being clustered close together, only a percent or two away from each other.

This isn’t the highest “would buy again” score that Consumer Reports’ has ever had, as Tesla has ranked over 90% in the past. Tesla’s score is down significantly from its peaks, which could be a reflection of several factors – slipping service quality, annoyance with Tesla CEO Elon Musk’s nonsense, or just simply a move from catering to a smaller and more evangelistic early customer base to becoming a mass market company.

That last factor probably does help Rivian in these rankings, as the company is still rather small, and thus will tend to have a customer base that identifies more fully with the brand and its early mission statements. It also helps that Rivian produces only two vehicles, so its brand score is more a representation of how good those two vehicles are, rather than an entire product line (which, for some other larger brands, might include a few good cars and a few stinkers).

When breaking down owner satisfaction into different categories, Rivian excels in most of these individual categories as well. Rivian shows up as one of the most satisfying vehicles in comfort (alongside several luxury brands), driving (alongside Tesla, sportscar brands, and a couple luxury brands), cabin storage (though well behind Ram), and ownership cost (fuel, maintenance, and so on – where electric cars and Asian automakers did well). The only category that Rivian didn’t rank near the top of is usability of the interface, perhaps due to the car’s heavy use of a digital touchscreen-based interface instead of analog controls.

It’s also true that Rivian’s vehicles have been exceptionally well-reviewed by, well, basically everyone. We loved the R1T and the R1S (Seth owns one, and loves it), and so has basically every other outlet. In fact, the earliest reviews were so good that when I talked to a fellow journalist about how positive they were, they expressed suspicion: “usually there’s at least someone who says something bad about a car, but I’ve heard nothing negative about the R1T.”

Well, except for Consumer Reports. The company’s Talking Cars podcast recently noted that the R1S was one of its “worst cars of 2023”. They stated that the car was too expensive, and was “undriveable” and “nauseating.”

The problem, to Consumer Reports, was that the throttle is too twitchy both on and off throttle. Letting off throttle for regenerative braking felt “lurching” and “unsettling” to the reviewers. They stated that they found it “odd” that owner satisfaction is so high.

So… why the disconnect?

So why would Consumer Reports’ reviewers have such a different take than Rivian’s owners, and than other EV reviewers as well? I think I’ve got an idea.

The issue here seems to be a matter of throttle response. Electric motors can respond more quickly than internal combustion engines can, so it’s possible to build an electric vehicle that responds much more quickly to throttle inputs. For inexperienced drivers or passengers, this can be jarring, especially in the beginning, as cars will feel much more twitchy for any driver with an unstable pedal foot.

If drivers are used to accelerating and coasting (which you shouldn’t do in a gas car anyway – the most efficient driving method is to maintain a steady level of throttle whenever possible), this can make EVs seem jerky. This style of driving is common in an ICE car, because outside of highly-tuned sportscars, ICE cars just don’t respond very quickly to throttle inputs. And the problem usually can be solved by more experience driving an EV, and recognizing that it’s important to have a steady throttle foot to reduce the jerkiness of the drive experience.

For exceptionally powerful EVs, this is even more the case, because smaller throttle inputs produce larger jumps in power. With the Rivian’s quad-motor setup, regenerative braking can also be very strong, and so letting off the accelerator quickly can produce a jarring braking motion.

Some electric vehicles moderate throttle inputs for this reason, either adding a delay or smoothing out inputs to make for more gradual acceleration and deceleration – both the Fisker Ocean and Chevy Blazer EV, which I’ve driven recently, do this. Frankly, I find the “delay” method to be the nauseating one – it means the car is making decisions, instead of me, and those decisions happen at a time that’s not predictable to me, leading to a jerkier ride. This was the worst spot, to me, in my reviews of both of those vehicles.

VW Group vehicles have a different method – they only allow for light regen off-throttle, and instead use blended brakes to engage higher regen when pressing the brake pedal, only activating friction brakes if you push the brake pedal deeper. But this means “one pedal driving,” which is so popular among EV drivers, is not really possible in these cars.

These solutions are different than the one Rivian has taken, which is to just give you strong regen all the time and let the driver have control over what the vehicle is doing.

The Rivian’s regen is adjustable, but less so than some other vehicles. Some vehicles like the Chevy Bolt have easily-adjustable regen by using paddles on the back of the steering wheel (and the Bolt’s is probably the best regenerative braking system out there all told). On the Rivian, you need to change the setting on a screen menu and there’s no way to turn it all the way off. This has in fact been an area of criticism for Rivians, as some have called for more adjustability to the regen system (and they’re probably right).

This strong regen does tend to shock newer EV drivers, or people who don’t drive EVs full time. But among the longtime EV owners I know, almost all of them prefer strong and responsive regenerative braking, and have learned to moderate their throttle inputs effectively to ensure proper command over the vehicle and also maintain a smooth ride. And I notice the same as a passenger in an EV – it’s usually a smoother ride when the driver is more EV-experienced than when they’re more used to gas cars.

So this could explain it – for a reviewer who doesn’t drive EVs full time, who has a lifetime experience driving relatively unresponsive gas cars before moving to one of the most torquey and responsive cars on the road today, the shocking difference in how quickly power is available could make it hard to adjust. Heck, I had this issue when I drove my Tesla Roadster to test out a Plaid Model S – despite being from the same brand, and the Roadster being incredibly responsive, the Model S still knocked me for a loop with ~4x as much horsepower as I was used to.

Meanwhile, for Rivian owners, who are used to their vehicles, they don’t see what the problem is. The vehicle responds as they expect it to respond, they’ve gotten used to it, and they love the instant availability of torque, the feeling that the vehicle is almost reading your mind as it’s electric motors respond more quickly than any big diesel truck you’ve experienced.

So, this is something to keep in mind for electric vehicle test drives in general – regen could be shocking to you to begin with, but if you take some time to get used to it, to get some practice moderating your throttle inputs in a way that you haven’t had to do before with most gas cars, maybe you too can reach a new level of satisfaction with your car – just like the Rivian owners in this survey have.

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Wheel-E Podcast: NIU electric moped visit, X Games says e-motos too good, more

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Wheel-E Podcast: NIU electric moped visit, X Games says e-motos too good, more

This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time, that includes a visit to electric moped maker NIU’s factory, Tern’s new GSD e-bike, Rad Power Bikes getting a new CEO, a Segway scooter recall, X Games kicking out electric motorcycles, and more.

The Wheel-E podcast returns every two weeks on Electrek’s YouTube channel, Facebook, Linkedin, and Twitter.

As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.

After the show ends, the video will be archived on YouTube and the audio on all your favorite podcast apps:
Apple Podcasts

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We also have a Patreon if you want to help us to avoid more ads and invest more in our content. We have some awesome gifts for our Patreons and more coming.

Here are a few of the articles that we will discuss during the Wheel-E podcast today:

Here’s the live stream for today’s episode starting at 8:00 a.m. ET (or the video after 9:00 a.m. ET):

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Get this $20,000 Tesla conquest deal on Polestar 3 (before the tariffs hit)

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Get this ,000 Tesla conquest deal on Polestar 3 (before the tariffs hit)

The Trump Administration just slapped huge tariffs on imported cars, causing many car buyers to accelerate their purchase plans and snap up a new car now, rather than wait. If that’s you, and you’re one of the thousands looking to distance yourself from Tesla, the time is now to check out this $20,000 Tesla conquest deal from Polestar.

It might seem hard to believe now, but once upon a time there were a bunch of otherwise sane, intelligent people who believed that there was “infinite demand” for Tesla’s cars. That’s not true anymore – it’s an objective fact that the two million reservations for Tesla Cybertruck haven’t turned into sales, and the rest of the brand’s cars are losing value three times faster than the rest of the new car market, making them tough to sell or trade in.

That’s where incentives come in – and, while a number of car brands are offering several thousands of dollars to EV buyers looking to make the switch, this $20,000 Tesla conquest deal from Polestar might be the one that’s most aggressively targeting Tesla buyers.

From the Polestar website:

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Calling all Tesla owners. Enjoy up to $20,000 towards the lease of a new Polestar 3 when you combine the $5,000 Polestar Conquest Bonus and the $15,000 Polestar Clean Vehicle Incentive.

Polestar 3 is the SUV that drives like a sports car. Featuring range up to 350 miles, 517 hp, 0-60 mph in 4.5 seconds, and built-in technologies like Google Assistant and Apple CarPlay.

POLESTAR US

Polestar hasn’t been shy about what it views as an “opportunity” to snatch up car buyers who want to distance themselves from Musk. The company’s CEO, German auto industry stalwart Michael Lohscheller, told Bloomberg, “For Germany, somebody outside of Germany endorsing right-wing political parties is a big thing. You want to know what I think about it? I think it’s totally unacceptable. Totally unacceptable. You just don’t do that. This is pure arrogance, and these things will not work.”

He’s hoping enough people agree to move the needle on Polestar sales in the US – and the first step to that is for consumers to get behind the wheel of this “masterfully tuned and sneaky-fast SUV,” and see if it’s a fit for them.

Electrek’s Take

I spent half the day in a local Volvo dealership I’ve had a great relationship with for years. I know those guys well. They typically average about 2-3 units per day.

Yesterday? I arrived around 1:30PM with a sack of spicy chicken sandwiches (if you want good customer service, be a good customer), and they’d already moved a half dozen units by the time I got there. They were looking at another dozen fresh leads from panicked city-dwellers looking to come in and make a deal over the weekend.

It’s about to get weird out there, kids. You could do far worse than trying to navigate said weirdness in a new Polestar.

SOURCE | IMAGES: Polestar.

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Activist investor Elliott takes short position in Shell after building a stake in rival BP

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Activist investor Elliott takes short position in Shell after building a stake in rival BP

A Shell logo is displayed on May 03, 2024 in Austin, Texas.

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U.S. activist investor Elliott Investment Management has taken a short position against British oil major Shell as part of a global hedging program.

The move, which was first reported by British newspaper The Times on Thursday, comes shortly after it emerged Paul Singer’s hedge fund had taken a near 5% stake in Shell’s struggling rival, BP.

Elliott is said to have amassed an £850 million ($1.1 billion) bet against Shell, The Times reported, citing filings with the Financial Conduct Authority.

The position is reportedly worth 0.5% of Shell’s stock and is thought to represent the biggest short position disclosed against the energy major in nearly a decade. A short position refers to a bet that a company’s stock will fall in value.

Elliott and Shell both declined to comment when contacted by CNBC on Friday.

Shares of Shell traded 0.5% lower at around 11 a.m. London time (7 a.m. E.T.) on Friday. The London-listed stock is up around 13.6% year-to-date.

Earlier this month, it was reported that Elliott had taken a short position of around 670 million euros ($722 million) in French oil giant TotalEnergies. A spokesperson for TotalEnergies did not immediately respond to a request for comment on Friday.

“When a hedge fund creates a long position — leveraged or not, because often they use leverage with these positions — they need for risk management purposes to create an opposite position, i.e. a short, into a similar company,” Maurizio Carulli, energy and materials analyst at Quilter Cheviot, said on Friday.

“The most likely reason for that is because it is an offsetting position with respect to the BP one, so both Total and Shell has been created as a short for risk management,” Carulli told CNBC via video call.

“Otherwise, if for any reason the market moves against them — for example, things like oil prices or whatever — they need to have some protection,” he added.

Elliott’s moves come as European energy majors double down on fossil fuels in an effort to boost near-term shareholder returns.

Shell recently announced plans to increase shareholder returns and cut spending as it reinforces its liquified natural gas (LNG) push. BP and Norway’s Equinor, meanwhile, have also outlined respective plans to slash renewable spending in favor of oil and gas.

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