Why The Leading ATV Maker Is Betting On EV
Vložit
- čas přidán 12. 07. 2024
- Polaris Inc. is a dominant player in the off-road vehicle market, selling top-of-the-line ATV's, snowmobiles, and utility vehicles, among others. Unlike many other companies, Polaris saw its revenue increase in 2020 thanks to an unexpected boom in powersports and increased interest in outdoor activities. While it rides this high, however, some doubt how long it can last.
Correction (April 14, 2021): At (1:55) we misstated / misidentified the name of the boat company Polaris acquired. The correct name is Boat Holdings.
Correction (April 14, 2021): At (7:33) we misstated Polaris’s electric vehicle plan. The correct plan is to offer an electric vehicle in each of its core product segments.
In the past year, Polaris has begun expanding its electric vehicle line-up, hoping to gain some further momentum from the rapidly-growing market. However, some analysts are skeptical of the company's ability to push into the electric space, which may be challenging given consumer hesitation regarding comparative performance, as well as fierce competition from other leading brands.
» Subscribe to CNBC: cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: www.cnbc.com/
Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: cnb.cx/LikeCNBC
Follow CNBC News on Twitter: cnb.cx/FollowCNBC
Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
Subscribe to CNBC PRO: cnb.cx/2NLi9AN
#CNBC
Leading Off-Road Maker Polaris's Risky Bet On Electric
The CEO sounds like a honest person even admitting where his company's products struggle unlike most CEOs who talk up their products as the best even if they are trash. Probably why Polaris continue to be successful
He is a shining example of what a CEO's attitude should be: level-headed, straightforward, and ability to admit mistakes and improve. He sold me on the company without 'selling me on the company.'
(It says Mike Speetzen is only an interim CEO, hopefully they keep him in that position.)
I came here to basically say the same.
I was surprised that from this video that ceo left me feeling I should try Polaris....with that said I have owned a Polaris snowmobile and liked it but I have seen to many Polaris atvs that are junk. Still he left me feeling positive for a Polaris purchase in the future.
He isn't wrong about the EV ranger. We use them daily down in a mine and they are HORRENDOUS. 80% of the problem is that we purchased the lead acid battery versions. If there is a lithium version they might be almost OK.
The CEO is incredibly humble. I have a lot of respect for that.
Is he the one that moved production to Mexico?
I love how at 3:55, when the narrator says that Polaris sold 1.2 million off road vehicles. There’s a DOLLAR sign before the 1.2 million like it’s a figure of money - that’s a figure of the number of products sold.
I noticed that also not to mention they had a Yamaha product early in the video. Pretty bad job editing on this one honestly.
They must have sold them for a dollar each!
@@RehanSyed29 in that case, I'll take 2! .... because I'm very wealthy
Wow. Polaris just gained positive brand identity from me for years and years. "We have an electric ranger and it's not very good to be quite honest with you."
I appreciate that honesty and you now have me trusting you. Which is valuable.
Some would say it would be risky NOT to do this
@@JohnSmith-uy2jg bruh everybody dont love their and polaris doesn't make that much money from them anyway
@@JohnSmith-uy2jg Agreed. So many companies with short-term time horizons. It'll be the death of them
I'm Brazilian and what I can say - I'm saving to buy a Polaris
@Joyce Logan bad character eavesdropping a conversation, nevertheless sharing the contact won't be a bad idea I guess 😎
@Joyce Logan 👍🤝
I'm from Greenland and I'm in first place researching - but indeed - I will go electric soon. 💯
@@oneshothunter9877 keep it up
@@CristinaPerez-zc5xo
I will indeed.
We got to be together about this, start treating our ONLY world better. By all necessary means.
Thanks for responding and for the obvious support.
Be good and stay safe.
8:51 "It's not very good quite frankly." 😂, now that's the kind of honesty I love.
3:49 “the company introduced the rzr in 2007” (shows Yamaha Rhino)
I thought the same thing 😂😂 these guys clearly don’t know the market
Can u really believe the media
I literally just said the same thing then saw your comment
@@charlesnostrand3620 can you believe the limited selection of stock footage you don’t need to pay royalties to use?
I laughed out loud!
People are quick to say "hell no" to EV off road vehicles, but I'd be curious to try one out. Especially if it requires less maintenance.
And much more power in electric vehicles and it's all there form the get go and RC Airplanes are crazy power , much lighter and 100% dependable were you can have problems with glow or gasoline powered.
For expedition vehicles in areas where you are not familiar BEVs are a very bad idea. But a large proportion of Polaris vehicles are used on a single property / campus. Such uses cases are perfect for BEVs and Instant Torque excels at rough off road terrain. It's just charging reliability which is the only issue.
I can see people with small farms using an electric ranger. Even offering riding tours on a trail that meets the range. Many people I know go off road to remote cabins and electric would be difficult. Sometimes we go out for 2-3 weeks.
@@Chris_at_Home Not really for Remote Cabins where the vehicle permanently stays. I hope some company develops Solar PV & Vertical Wind Turbine combo package that can be use for general Electricity Supply and Charging EVs.
@@Neojhun I’m at the age where our Ranger will last us the rest of my life. it will be interesting to see what’s on the trail in a few years.
Lol when a CEO says one of their products isn't "quite good" it's golden. That guy deserves an award for honesty. 👍🤗🤣
Especially for hunters, ev is the way to go. The gas engine machines are so loud that the second you start it up, everything in the woods knows you’re there and heads for cover. The guys out there trying to sling mud and go fast will have to be convinced through better power and capability.
Hunters are not hunters. They are slobs sitting on a couch in the woods... baiting in amimals with food. It's a sorry excuse for a "hunter".
Better power and capability from internal combustion? Check out some youtube videos on the Tesla Model S Plaid. Obviously not the same as what Polaris will come out with but shows the true potential from a pure EV powertrain.
@@MrTheguywiththemoney You sound like the type of kid who doesn't eat meat, since hunters work for their food, and you slug around in a grocery store.
@@MrTheguywiththemoney nothing more fun then sitting in my lazy boy condo stand while smoking deer on a corn pile
A stock market, equity market or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include securities listed on a public stock exchange, as well as stock that is only traded privately, such as shares of private companies which are sold to investors through equity crowdfunding platforms.This is just the simple logic...You'll need money to make more money and in order to escape the rat race you'll have to run faster and smarter and all these have worked for me because my investments in the stock market keep making me wealthier
You've said it all with profitable investments anyone could attain great wealth..💯💯💯 Fact All my life stressing my brain doing the 9-6 trying to survive through the struggles of life and having to face my Boss I still haven't made my worth I feel like life cheated on me but that is about to change cause life gave me another chance by leading me here..I've always had interest in the stock market due to its lucrativeness. Investors keep making crazy money from their investments and simultaneously others losing money big time due to lack of knowledge and weak strategical plans and forecasting,I want to invest but lack knowledge and the current market situation is like staring at a golden ceiling while the floor below is crashing only the strong hearted and resilient will really profit that's why I would rather leverage help and guidance from a pro trader with expertise,experience,skills and perfect executions because me jumping into the market without any proper knowledge is a foolish thing to do as a Noob I would rather seek solid help to achieve loss reduction and profits increments.How have you been making solid profits??,Do you have a working strategy??
I've been buying Corporate Bonds,Options,High Caps and Index Funds since 2012 and they are very lucrative investments going long term.I've been investing with a full service trader Mr Noud Mikan and with he's forecasting I put 200k in some companies that he was certain won't decrease in value and be downgraded that is from Investment Grades Bonds to High Yield Bonds,just as consumers have FICO scores so do companies have scores given to them by independent rating agencies,and with he's guidance over the years I have been making consistent money from the maturity of my bonds.Its just like a long game of monopoly for as long as the companies I invested in maintains it's good credit standings and Wall Street thinks it can make it debt's payment,We pass go and I collect my profits.Currently I'm retired still receiving about 204k in dividends having Noud still place my trades🤍 and I've made over an estimated worth of $4million from all my investments with him from over the years.I'm watching out for inflation and the Fed's raising interest rates but with the economy starting to pickup, vaccine distributions everywhere,Companies beginning to be very opportunistic and the bond market in a more sanguine state there's still more money to be made and with Noud I'm sure to attain more wealth.
This just amazing I hope too see Noud at the top of the well known traders list..Investing under he's guidance has been making me massive profits in Automobiles..With the automotive industry going electric at a frantic pace, with the introduction of battery swaps and charging spots new companies seemingly coming on the scene daily. It can be difficult for even the most dedicated auto investor to keep up with the action. But with Mr.Noud Mikan I've been able to grow and attain a lucrative $890k portfolio
Kudos to CNN for doing a shout-out back in 2015 about his programs for Noobies and traders who lack understanding on how trading works and how he also trades on their behalf while they learn giving them a chance to EARN and LEARN and that's how I found myself investing with Noud..With Mr Noud Mikan as my trade analyst I've been able to grow a lucrative $540k portfolio consisting of stocks like ( TSLA ),( NIO ),( SBE ),( PLUG ) I also have him invest options on my behalf..Noud already predicted a heavy rise in EV stocks and Bitcoin this month and has already got knee deep in it, I ended today on a green note....Having a balanced portfolio with proven companies and a good outlook on the future.... HOLD ALL THOSE EV (Tesla) STOCKS TO THE MOOOOON
@@mattgrimes5062 Man I didn't think I'd been reading this so far,I was really carried away from all this money.I didn't think I'll relate so well but I did.Thanks for this,this could mean real change for me,Is there anyway I could please reach your trader...Since interest rates are remaining low and companies being very opportunistic in periods like now, where the economy is starting to pick up,Vaccine distributions everywhere and as a plus the feds announcing that part of its monetary policy actions would include buying up corporate bonds which would flood the market with more liquidity...You could say the potential bubble is benign for now making the market more lucrative...In times like this it's certain one could make tons of cash from their investments likewise bringing out the bucket not the thimble in golden opportunities like now
I want to see a company make these vehicles where you can swap out the battery pack and even the motor to different vehicles. Just like companies do with power tool batteries. Imagine if you can swap the battery pack from an atv to a motorcycle, a snowmobile, a jetski, etc. This would lower the cost for buyers to purchase and additional toy.
Great idea , battery in 2-3 boxes 20kg each easy to remove within 3 minutes
Biggest risk today is NOT to invest in Electric Vehicles.
My son and I need battery driven because we go on safaris and we can meet wild animals without the noise from a diesel.
There gas
A. Rangers are gas B. They’re not loud C. Gas is more reliable
@@The_Ed_Hodgers Polaris makes an EV Ranger. Lots of torque and very reliable.
@@frankdank7507 Oh really they do, I wouldn’t have known if the video literally didn’t say that they did. Nothings more reliable then rangers gas.
@@The_Ed_Hodgers Well, you stated that "Rangers are gas". Just wasn't sure if you knew that Polaris' EV was on the Ranger platform. Same body/frame as the 570 series.
I own a Polaris EV and use it almost every day. Used on gravel mountain roads as a utility vehicle to haul tools and small trailers. Would never own a gas version though. The EV has had zero maintenance except for topping up the lead acid batteries. Charge it each night and after two years if use it just keeps trucking. Lithium batteries would be great, but the old lead acid batteries work fine on this vehicle and with a top speed of 25mph it goes fast enough on my property and is quiet at the same time. Great product - not sure about service though as I have never needed it.
risky?! At this point betting on ICE is the riskier bet.
It has 100 years worth of life, which is longer than any car.
At 3:50 you show a Yamaha Rhino whilst speaking about the Polaris Rzr. 🙃
Glad I am not the only one who noticed.
Lmao I noticed too... I was like "when did Polaris start copying Yamaha?"
The Rhino is what I believe, led to the development of the RZR; Polaris needed a product to compete. The Rhino, however, great for ranching and work, was not a performance machine. Although, people tried to mod them to make performance machines, therefore, birthing a new product-market. Ta-da! The RZR was born.
Host: Polaris introduced the Rzr in 2007
Editor: inserts photo of Yamaha Rhino
As one who owns Polaris ATVs, and since 2006, I was surveyed about future priorities, including an electric ATV. My response was that electric ATVs were a MUCH lower priority than simply improving quality, fixing their very notchy shifter (vastly inferior to Can Am & others), a more reliable clutch, better handling of warranty, offering a true lockable differential for the rear, not a spool (the current standard), and not the Polaris 'turf' mode. With current technology, an electric ATV will weigh too much, cost to much, have too short a range, and if it's not a hybrid, leave people stranded when the juice runs out.
I currently own two Sportsman's, including a 2015 XP-1000. While the XP1000 is tops for ride comfort, Can Am has come a long way on comfort, plus has a much better clutch and shifter, better build quality, a better feature set in their high end models (e.g. beadlock wheels, heated handles, etc.), a substantially more precise power steering unit, a quieter engine, better anti-theft security, and MUCH easier belt change (important if replacement is ever needed in the field)
Has a owner of a 2018 Sportsman XP 1000 there is no way I would buy a can am or even trade it for a 100 can am because I have tested One and everything was to hard the steering was too weak, seat too hard and the ride was horrible and I said no thanks.
Toys? We use these for work because trucks can't reach the sites too remote. I wouldnbe extremely warry of electric UTV/ATV. They are often way more isolated from the grid that cars.
So long as you have some way to charge it, there's far less parts on the powertrain to break. For rural areas without electricity I agree though.
@@wiicodman electric makes things so much simpler. The ability to easily transfer store and transfer fuel is important. We have lost a few to mechanical issues that resulted in dragging them out.
As compared to the 2 cyl. engine with a cvt, I consider this an upgrade. I live on a farm and have used 2 rangers in the past. One had its engine blow at ~7000 miles.
I agree. Charging in remote areas is a MAJOR issue. Even assuming I were to bring a portable generator, the recharge would take hours. That's in contrast to carrying a few gallons extra gas. Also, how will electric motors behave when occasionally submerged in water and mud?
I feel as though this is more of a farm tool where that would be less of an issue. As a farmer could easily charge it in the barn after work.
Yes I stand behind any company that goes electric . Thank you .
The military applications are insane !!!
Despite the title, no mention of "Why the Leading ATV Maker Is Betting On EV". The implication is that it will pump up the stock price by making the company seem more forward-thinking. Missed opportunity to tell a story, CNBC.
Electric is inevitable
How about solar panel on atv?
Sales will double if they can have legal road vehicles for consumers on every state.
But making them road legal means compromising on most of the things that makes them good off-road, so no, that's not a good idea. There's already Jeep for that market.
This is the CNBC everyone likes information we need unbiased and very useful information too.
“There’s still electric uncertainty” ?😆...only for those are going to be left in the dust.
I have looked at the various Polaris vehicle from time to time. I like some of their ATVs. The evolution of those over the last several years has been impressive. I took a hard look at the Slingshot a couple of years ago, and I liked it a lot, but did not purchase one because it was not a vehicle I would use often enough to justify its purchase. I also looked at the electric GEM low speed vehicle for use as an around town/neighborhood runabout to use instead of my car. But at the end of the day, that was a very crude and expensive limited range electric vehicle. It needs a total ground up redo to ever expect to be seriously competitive in the market. Virtually every other electric vehicle I looked at was better. By a lot. However, if they start producing good electric vehicles, I will take another hard look with intent to purchase. They have all the bits now to make a gem of a GEM now. Just hope they do it.
Where's the risk? Just sounds like they want to make a better product.
Yay an offroad vehicle with probably 50 miles range in optimal conditions, which is the definition of offroad... Anything more than that and the vehicle will weigh more than the truck I pull it with. I think they are a long ways away from having viable EVs. I am tired of products being crammed down consumers throats that are not what they are being advertised. They are going to find out that millennials or whatever young generation they say are going to adopt the new technology are not going be that dumb. The first hint of a recession consumers are going to run from EVs as they are going to be much more expensive over the long-run.
I'm thinking, that at my age (76), I really don't need an electric ATV to equal the performance of the engine units. I probably go slower and less far than the young bucks do anyway. Getting "out there" would be the big thrill for me. But the question is: Where do I plug it in? Will an Electric Ranger be rechargeable from a 110 AC plug in?
Maybe getting a 240V Plug installed in your house will be necessary for full charging, similar to tesla's situation, where you can have the 240 over two phases into a wall plug or just a normal 120V but slower
Charging at home will not be a problem. Expect to easily charge overnight from a regular outlet, but something like a dryer outlet (30amp/240v) or range outlet (40amp/240v) or welder outlet (50amp+/240v) will charge in less than 1/4 of the time.
The problem is twofold: 1) how far can you go on a charge, 2) where will you be when you need to charge.
@@Sylvan_dB Easily solved: carry a portable generator and charger. You can charge anywhere. Also, solar panels on the roof can charge for free.
@@mx3727 . Charge on the move from the generator would be fantastic, so they would have to check the carborator. It's been a issue that some don't like moving while in operation( Honda, for one. Was always told to shut the gas while you've hauling it around). Power outlets would come in handy also,work on a fence etc and since the generator is running anyways, top up the bike!!😁👍
@@mx3727 if I was going to carry a generator why wouldn't I just use a combustion engine and bring a gas can? Lol
A concept touted for autos is one motor per wheel. In principle, this independent control of torque and power to each wheel is a great asset. But for tasks such as steep hill climbing on a mixture of hard rock with patches of loose gravel, EACH AND EVERY WHEEL must be able to provide enough torque and enough power to keep the vehicle climbing steadily up exceptionally steep grades. Given the weight of an ATV plus gear and rider, and the typical diameter of the tires, the implication is that if 3 wheels don't have traction, but one does, then each wheel needs to able to apply something on the order of ~1000 ft-lbs of torque, do so at some speed well above stall (where on electric motors, torque is typically highest), and do so for long grades without overheating the motor or batteries.
What bike is that at 6:51?
I have the same question
At 3:55 you say 1.2 million vehicles sold sold but display a $ sign.
part of the fun with powersports if the sound of the engine lol
The clip of the 1st gen rzr didn't look like a rzr???
Correct.. it was a Yamaha Rhino.
I like this video as soon as he says they make toys for grown ups. You damn right!!!
Our family was about to buy a Polaris ranger UTV, but went with a Can Am defender... Polaris machines are very prone to breaking down.
The Japanese ATVs are almost bullet proof for reliably whereas Polaris are known for having reliably issues unfortunately. There are not many Polaris dealers in our area for that reason. Japanese companies think long-term whereas American ones think short-term stock prices which effects their quality it would seem.
They are all junk my Yamaha grizzly has been nothing but problems from day one
@@redneck4200000 sorry to hear about that. I have a 400 Kodiak and I'm the 3rd owner and haven't had any problems with it.🤷♂️
We have a Polaris EV Ranger on the estate I work on , the CEO is right it does have its issues. We have two estates in the Scottish Highlands , we are about to test it in its first winter and our worry is charging below zero degrees. Weight is a huge issue and auxiliary battery power failures mean we on occasion have no lights. The other issue is over heating shut down when under load use or pushing through heavy bracken during warmer weather periods. I would love to be involved and I know bosses would love to be involved in working with Polaris to innovate and perfect the product so we can move away from fossil fuel equivalent.
Where do you charge one in the woods?
I’ll just keep my BRP/Arctic cat quads and snowmobiles and my Honda/Kawasaki/Yamaha motorcycles and I’ll run them on homemade ethanol if I have to.
I can understand EV atvs for limited work just not for trails/ long distance hunting.
How long do you go ? Like a 70 miles ?
The idea of going out on a long trail for leisure is only a thing in the US & Canada. In the rest of the world these are work vehicles used by farms & utilities. Electric propulsion makes a lot of sense.
@@hughmarcus1 makes since but wouldn't a good range electric UTV work great in the US and Canada ?
@@turkialjadani168 probably for most things, but in practice the range is about 30 miles. Not that different to one with an engine. Unfortunately you can’t carry electric in a Jerry can.
3:56 min “sold 1.2 million off road vehicles” yet the graphics has a $ sign. Well produced 😂😂
13:17 When did kawasaki start making snowmachines again??
The supply problem has been an issue for snowmachines. My coworker wanted a new polaris sled and went to buy one. The only one that was available was a single $15,000 kaos model that is a bit much for his skill level or needs. He ended up buying it, though.
This company's history is a perfect example of what happens when you let MBA graduates lead the company, instead of actual entrepreneurs.
Can't really tell if this is a positive comment or a negative one. Are you referring to MBA's and corporate guys being more open to out of the box ideas?
@@malcorub it's a negative one. IMO: MBA graduates tend to very brilliant and are great at managing a business, but only entrepreneurs can truly lead businesses. Hence why the cofounders of the business brought the company to 1billion sales by 1996 and after that the company only went to 5billion by 2017 (I am pretty sure if u took inflation into account the 1billion in 1996 is probably more like 3billion in 2017). So it seems they were pretty stagnant after when business men started to lead the company instead of entrepreneurs.
They should team up with Rivian because they building a charging network for their off-roading pickup trucks. Working together would benefit both companies.
Most UTVs and ATVs are driven on farm and private property.
@@kdegraa you will find in Arizona,Idaho,Kansas,Maine, Minnesota,Montana , the Dakotas, Wyoming and in Indiana in 42 of its counties you will found them on the roads legally places that a off-roading pick up owner are more likely going to go to have fun with the new trucks. Additional I would add places to plug in at Mudding and off road parks in those states and others. That all on top off making sure you can plug in at all walmart locations.( why is walmart so important to the future of BEVs it is a easy answer 90% of the american populations lives within 10 miles from a Walmart location.)
Being realistic and not going into debt...I can't afford em ...but I like their products.
How deep can they go in water?
50 miles into the woods and be stranded, no thanks
Agreed, until ev have twice the range of gas vehicles and interchangeable batteries with 30minute or less charging times. They aren’t worth it
@@Shiba_25 Depends on what you plan on using the EV for.
ClubMayview Well, I think they are made for folks who know how to plan.
@@frankdank7507 plans can be easily interrupted over something simple like when someone gets stuck
Intimidator and a couple other brands already have electrics out on the market being used. Perhaps Polaris is not the company most suited to push forward on battery powered UTVs, given their track record for reliability issues already existing. I can only imagine how adding whole new potential points of engineering failure (Polaris electrical layouts can be nightmarish as it is) to an emerging technology who's adherents wish desperately to see adopted en mass. Should Polaris become the first major manufacturing powerhouse to roll them out, riddled with reliability issues, it could set the concept back in terms of public acceptance. Better to let more capable companies life honda, kawasaki, and Yamaha take the lead on this one, I'm thinking.
I’ve been using my Ranger EV since I bought it in 2012, and if I remember correctly, Polaris first sold them in 2010. Also, as mentioned in the video, Polaris owns various companies whose primary focus is electric vehicles. They’re not exactly new to this field, and are pretty well positioned to develop and market these vehicles…
@@erikarneberg11 not new by any stretch, just plagued with problems, poor engineering choices, and too much reliance on their dealers to properly assemble their products (which accounts for a large percentage of Polaris failures). After owning some of their atv/utv products, I'll personally never again buy one, that's for sure.
CNBC, Why do you mention the "Polaris RZR" and then show a "Yamaha Rhino" UTV? Or is that an intentional mess up, like so many other YT channels are doing, to drive comments and boost revenue and algorithm? Well, I commented, so I guess it worked. Ha. When talking demographics, CNBC also mentions Polaris has dirtbikes. Well, no they don't.
I am not an EV fan so I probably won't go that direction but I think diversification can improve the companies bottom line and products. Ev is not a bad thing but I don't see it performing or providing the same or similar performance that a combustion engine can provide. I am purchasing a new 570 this year mainly due to the fact that most of Polaris is made and built in America
Perfect machines :)
They could diversify and make some road based personal transports base on their atv vehicles which could help launch their ev bid and boost their R&D opportunities to develope their ev power train to compete with petrol (gas) powered atvs
Huge prob with current Tech. In western states can ride 100 miles into nowhere. Also big pull on motor in rocks and steeps. Someday will be nice, but limited for now. Colorado New Mexico Utah long long rides.
Some use these types of vehicles from a home base like their house, ranch, workplace, or a vacation cabin. For some of them an electric version might make sense if it’s not a big premium over a gas version which is unlikely. And all electric will be a hard sell to all those who modify their gas powered vehicles with after market exhaust systems to make even more noise while electric vehicles make almost no noise. It’s childish but it’s true with motorcycles, snowmobiles, ATVs, etc.
And for anyone who wants to go play away from a home base they make almost no sense. Plus electric vehicles suffer significantly diminished range and performance in cold temperatures making an electric snowmobile even less appealing. There are also a lot of players ahead of Polaris in electric motorcycles and golf cart like applications. So I have to wonder if this is mostly Polaris management foolishly chasing growth in areas that mostly don’t make sense. This is what happens when growth is rewarded above all else and often leads to expensive mistakes. I predict Polaris will regret chasing the shinyTesla when they’re in a completely different market with very different customers.
The inability for people to make an electric vehicle obnoxiously loud is the exact reason we should be promoting them. I get why people mod for performance, but I don't understand the desire for loud exhausts. It's a placebo effect I guess; the "free-flow" exhausts have minimal performance gains but do sound like they're doing something.
I have ten acres to tend, but I cant justify the cost of constantly refilling a gas utv. I already have solar, i'd love an electric utv.
Get a diesel powered vehicle.
Solid State Batteries can be a solution , double capacity at the same weight is crucial . 2-3 Yrs and Solid State Batteries will be more popular .
How will they solve the range and charging when out in the woods? I don't see this working for off road vehicles.
What happens if you run out of gas in the woods? Good luck refining your own gas. Compare with a solar array (even a small portable one) that can (slowly) restore range from the sun. The ability to make your own electricity is a huge advantage for life in the wilderness.
Their EV's may have industrial uses in warehouses, indoor/underground uses not currently explored; they have lots of room for growth.
A gas-electric hybrid 4 seater would be pretty cool.
Nice video
3:54 is that 1.2 million vehicles or 1.2 million dollars?
Can't wait to see a Sportsman 1000 electric equivalent.
Electrification is easy transformation or adoptation. It is all about the cost of batteries and if the company can assure the contract to purchuase a cheaper alternative.
I rather own a 35 year old Honda 3 wheeler.
The industry side is one thing, but when it comes to the private "toy" side of these vehicles is mostly a North American thing. Mostly due to most countries having strict nature laws.
Ok it’s not important but why did you guys put Yamaha Rhino ass the Polaris Rzr
Sounds good until all the fires happen that you can't put out on your own. No more will a regular fire extinguisher work or sand. The batteries will burn for hours even with water being applied. The fire departments are not having fun with an electric car fire, way hard to put out. look into it there is going to have to be new retardants on hand to put the fires out. A gas fire is easy to put out but electric car batters take hours! The KTM electric bike my friend had out of nowhere burst into flames. I rushed him back to camp to get help 5 hours later it was still on fire we could not put it out. Thank God, it was in the middle of the sand road. The BLM officer even said electric bikes may be regulated just to closed tracks because of the fire problomes lol.
If they made a 6 seater I’d buy one today
The problem with an electric ATV/UTV is charging. When I'm hunting an my battery dies I dont wanna be dead in the water. I wanna gas an go. Any form of charging in a camping scenario either burns fuel generating power, leaves you dependent on solar or without a machine.
If only Polaris would make a 4 wheel highway legal EV. Just your basic transportation, disk brakes, rear view camera, heating, basic minimum safety requirements like airbags, seat belts, anti lock braking and traction control. No lane assist or self driving or 500 km range or even a center touch screen, not even a media console, none of that. Just a minimalist closed cabin vehicle.
Dragon Skunk; Ford, Ram, and GM build one. They call it a truck!
@@frankdank7507 I mean a runabout.
They are just smart about the future.
Green new deal. They dont have a choice.
Oof. Perfect for solar.
GO GO !!
If I had a dollar for every automotive video CNBC did, I’d be a millionaire.
that is a big step up zero is a good company with good products
Everybody loves Polaris untill they get the 520 194 7 code
Has anyone made a hybrid atv or off roader
Me: well imma go to the can am dealer now
Yes if I can get same range and re fuel/charge rate and price as gas. And has to last just as long without diminished performance.
What's a good range for you? Like 100miles is good for a utv?
@@turkialjadani168 not really miles But 3 or 4 hours of wheeling pretty heavy in the mud and woods.
@@Shredxcam22 Ooh how many gallons of Fuel do you consume?
This will never work I usually go for a day 8 -12 hours and it’s usually lots of people getting stuck. Off-road vehicles would use a lot of electricity... look up the electric ktm dirt bike the range is absolutely useless
Boondocking in the desert… I have to bring a gas/diesel generator and run it all night long to charge my electric SxS to 50%
Polaris the leader? LOL. Everyone I know drives a Can-Am or Honda.
You just don't know the right people.
8:46 - "We actually do produce a lithium ion Ranger today. It's not very good, quite frankly..." This guy is the CEO, right?
Need to develop a battery swap system like my cordless tools.
Cordless tools typically store a fraction of one kilowatt-hour (kWh), as do electric bicycles. A Tesla has 85 KWh of energy storage and more. If you've ever pushed an ATV around, you know they have a LOT more rolling friction than even a car weighing much more. So, their rate of energy consumption will reach or even exceed that of a Tesla. Consequently, given most of us are using quads in the boonies, a long ways from charging stations, for any decent range, an ATV would need a battery pack pretty close to that of a Tesla.
@@gregparrott not really maybe it will be a small fraction of it maybe a few kwh but that's still to heavy I mean if you wanted seems easier to just have solar pannel or 2 in the back
@@popinmo A few kWh won't get you very far, as that is not much more than an e-bicycle that weighs MUCH less, has more than proportionally less rolling friction, and receives pedal assist by the rider.
As for solar panels, the large panels on campers are in the range of 150 to 200 Watts - but only at noon, on a clear day, with clean panels. At 100% efficiency, it takes 746 Watts to equal ONE horsepower. with efficiency losses, we can easily raise this to 1000 Watts per horsepower. In other words, a single panel the size of those used on campers is way too large for an ATV, and yet only only provides less than one quarter or even one fifth of one horsepower. This means you could stand still all day to charge it, but only net a few minutes of actual run time.
@@gregparrott no a ebike is about 500 to 1kwh and 4 wheeler if say 5 to 15kwh a tesla is 50 for the standard range
@@popinmo Yes, you have repeated what I said... e-bikes are a fraction of 1 kWh. The highest capacity I've seen was 850 Wh (0.85 kWh).
I specifically looked up the capacity of a battery pack for the Tesla. It was 85 kWh. I won't argue that there are battery packs with less capacity (50 kWh), as I only looked at the first one that popped up. As for the power that an ATV requires, I own SIX quads, all but one that I've purchased since 2001. The lowest powered one is a carbureted 400 CC Arctic Cat, with a little under 30 hp. The most powerful quad (fuel injected XP 1000) has 89 hp. Except for rolling on flat terrain at relatively constant speed, the 30 HP (22+ kW at 100% efficiency) quad is way underpowered. The electric quad will likely be even heavier than the 400CC unit. So from my perspective, I have to disagree with your 5 to 15 kWh estimate, that is unless you're fine with it running out of juice after ~20 minutes of use.on anything other than cruising on flat terrain.
I was really surprised to hear him say that their electric vehicle wasn’t that good! So now that the cats out the bag, what are you going to do about it?
8:50 "we sell an EV ranger... its not very good quite frankly but people still buy it"
Yeah, how do electric chainsaws and lawn mowers work out? Is that what you want in an ATV?
I have both. They are both amazing. Never use my gas ones. (Ego brand)
@@boscbosc7039 let’s put it this way you don’t see people logging using electric chainsaws. They are good for 1 thing cutting a little bit of wood for a camp fire or cutting some brush around the yard
👍🤘
After pandemic people spend more money on traveling and there will be many used vehicles on sell
neat
HOT !!
3:50 min that’s a Yamaha Rhino 😂
There are certainly some issues with electric. The reduced noise is a huge plus, but the inability to easily top up in the backwoods, limited range, and sensitivity to elements are all huge negatives. Can't wait for the eventual future where Electrics have conquered their shortcomings.
Also, "Harley Davidson's customer base is aging." Ya, no sh*t. I owned all the HD stuff as a kid and I still can't justify paying twice as much for half the performance on a bike made in China by a Chinese owned brand just because it tickles your balls.
"[Introduced] the razor in 2000"
Proceeds to show video of a Rhino.
The Yamaha Rhino insert when talking about Razors... hahaha this is a newer video and that footage of the rhino is ancient looking as well. Crazy editing
I’m glad that Polaris is acting on the crumbs that Tesla has given us on the Tesla 4 wheeler. Hopefully they can gain some traction and not get left behind.
What a great idea, now when they catch fire there won’t be anything left.
'cause gas vehicles never catch fire?