Lovable just crossed $100M ARR in 8 months.
Faster than OpenAI, Cursor, Wiz, and every other software company in history.
Today we're launching a game-changing update, it reduces the error rates by 91%.
Introducing Lovable Agent:
@JordeeBrompton I think about this everyday, coding’s a problem that’s being solved. It’s like another layer of abstraction, gone are the days of coding buttons, it feels like the very near future will be about the creativity, execution & architecture these will be the job roles. 🤘
@_heatgeek@Your_Energy_YW@glynhudson@elitehull Battery + heat pump is the golden duo for sure, untold bidirectional charging comes more into the spot light. eddi acts as a much lower cost alternative coupled with a heat pump. the power consumption of the HP in DHW mode will vary with outside temperature
@Your_Energy_YW@glynhudson@elitehull Hello! 👋 I’ve been doing some modelling on this myself that I need to finish, we have rolled out a new beta today that auto tracks the heat pump min power consumption in DHW. So we can charge over night @7p and then if needed top up during the day @14p surplus with eddi or HP
Chinese evolution of its automotive capability should be admired and feared in equal measure. 2003, as a director of DFAC, you could see with the naked eye, lack of parallelism in the companies frames. Today, having learned through its various joint ventures, Chinese quality through its automation, is world class. Lights-off production (and I’ve seen this in another brands Chinese facilities) leads the world with cross-over lessons from automotive and electronics industries.
Xiaomi, as a Chinese smartphone/ consumer electronics company is the first to successfully launch a car and an automated factory, which is particularly impressive given failures elsewhere, notably Tesla (production hell), Apple, Dyson, FF, etc. Clearly it has room for improvement, notably its takt-time and undoubtedly the Chinese industry still have a thing or two to learn about Brand management. But, the ability to
1) Afford the capital intensive investment up front (I don’t know the investment but I’ll guess it’s circa $2b for car and factory)
2) Access to Govt incentives
3) Access to low cost batteries that are in over-supply (and 2)
4) Allows itself to lose money in its first application.
The Chinese, through its continuum of 5 year plans, has done exactly what it said it would; used New Energy Vehicles to leap frog itself over Japanese, Korean and Western manufacturers. Its created a huge home market that gives it economies of scale. It has a monopoly in sub €30k vehicles, which is exactly what the consumer is looking for.
Screams of unfair competition are hollow (15 years notice to respond) but the traditional automakers do need to respond or die; the Japanese and Koreans in-particular. At a country level, I don’t doubt some will react through enhanced incentives like the US and its IRA. Others like the EU, with incentives and tariffs (probably a carbon tariff). Certainly, automakers alone cannot respond to a Chinese automaker / Govt initiative; free-market means a level playing field and periods of innovation favour a Keynesian approach.
The good news is for the consumer - low cost cars and lots of competition. The bad news is for the automaking nations that sit on their hands and don’t see the threat.
As for U.K., our position in the rankings of auto producing nations, dropped in 2023 yet again (down to 15th below Indonesia, Slovakia, Iran and Turkey). If we learn nothing else from China, we must surely see the absolute need for a long term industrial strategy that transcends short term political expediency.
Hey everyone 👋, can anyone help? We are looking to get good friend of mine @twallin_james some exposure to a day on site either commissioning or just a walk around of a heat pump install? Will try not get in the way 😄 Thank you 🙏
Producing green hydrogen in the Uk will use 6x more electricity than heat pumps.
If they mean blue hydrogen, it’s made from gas and costs loads more than gas.
Actual science.
Btw- 97% of the worlds hydrogen is currently grey - trashing the climate. Maybe they should sort that
@SlamDunkMusic Great bands this year, however I need to echo every other comment, the organisation was dreadful, the festival was definitely over capacity, locked toilets, overflowing urinals, insane 60 min queues for literally everything. As a annual slammy d attendee, I feel pretty let down.