At the end of the month, Singapore will dramatically lift its coronavirus-related travel restrictions. After having some of the tightest controls in place for a long time, the city-state now believes the moment has come to open its borders without […]
Tiny Tina's Wonderlands has arrived, and with it, Borderlands fans have their latest colorful adventure to embark on, albeit with a fantasy twist that turns grenades into spells, psychos into skeletons, and arch-nemeses into fairies and mushroom people. This makeover to Gearbox's long-standing formula also means the game's class system has been tweaked, reimagined, and often just plainly blown up in favor of the game's D&D-inspired world. Need some help picking the right class for you? Don't fret. Here's your complete guide to Wonderlands classes.
Which Wonderlands class is best?
There are six character classes in Tiny Tina's Wonderlands at launch, and though some have similarities to Borderlands classes you may recall from past games, none of them are so cleanly equivalent, so they take some getting used to. The classes are:
Before we dive into each class thoroughly, also note that once you get a few missions deep into the game, you'll be given the chance to assign your multiclass. This allows you to attach a second skill tree to your character, giving you four total Action Skills to pull from, in addition to all the added benefits you may unlock in the new skill tree. It's important to think about which classes pair well together, so we've included a section below for each class where we also recommend some seamless multiclass options.
The Stabbomancer is the first class that appears when you see the class menu, and that's no coincidence. It's the de facto solo or starter class and great for beginners or people who haven’t played Borderlands in a long time. Built to deal frequent bonus damage, playing as a Stabbomancer can almost feel like taking a co-op partner with you.
Early skill unlocks focus on melee attacks, movement speed buffs, and amplified critical hit damage. Collectively, that gives the Wonderlands Stabbomancer a swift and deadly skill set that makes dungeon-crawling on your lonesome more manageable than with other classes.
The Stabbomancer Class Feat is Dirty Fighting, which gives this class a higher critical hit chance than the rest. That's something that can quickly be improved upon too, thanks to some crit buffs available at the base of the skill tree.
Like other classes, the Stabbomancer's two starting Action Skills are built with different situations in mind. Using Ghost Blade, the Stabbomancer will unleash a massive spinning blade (made of…magic, I guess?) that does several seconds of area-of-effect damage at a rate determined by their equipped melee weapon. If you'd rather get sneaky than stabby, you should consider the Stabbomancer's other Action Skill: From The Shadows. With this, the Stabbomancer will go invisible for a few seconds, during which time all damage you deal counts as a critical hit, though a less powerful crit than you'd have when not in stealth. Still, the bonus damage plus invisibility can be the deciding factor in vanquishing a fierce pack of foes or toppling a tricky boss. You could even just use it to escape a dicey situation and get your Fatemaker out of harm's way.
The Stabbomancer's passive skills largely focus on buffing critical hit damage, critical hit chances, and the severity and longevity of status effects
How to build
When selecting your Twist of Fate, the game's starter builds, consider whether you want to make your strengths even stronger or patch up weaknesses. If you're playing solo, you should design a character background that doesn't hurt your constitution. However, the best preset in this case is the Failed Monk, which is built mainly for magic casters. The route I went was to select Raised By Elves, which gives me above average dexterity (and thus, even more crit damage) at the cost of my constitution, but then patched up that blemish by pouring my 10 free-standing extra points back into constitution and strength. In the end, this made my already impressive critical hits that much stronger without sacrificing my own health pool as a solo player.
When selecting my multiclass for Wonderlands, I was a few hours into the game and feeling like my gameplay wasn't distinctive enough from just another Borderlands, I was promised fantasy, but the weapons tended to feel like Borderlands guns in a witch's hat, so to speak. so I went with something that would give me a new perspective on the game's combat: Spellshot. While my build wasn't yet suited for becoming a part-time conjurer, I started pouring Hero Points into Intelligence, which increased my spell cooldowns, giving me more chances to fling magic around the battlefield.
For me, this made a world of difference. No longer was I just swapping among a sea of guns that didn't really feel at home in a fantasy game. Suddenly with multiclassing, I was firing critical hits from one hand and, well, literal fire from the other. If you're a tried-and-true Borderlands fan looking to mix it up in this spinoff, adding some magic to your repertoire makes for a well-rounded (but still quite literally sharp) Fatemaker.
Your build is up to you, but keep in mind who you'll be playing with and try to offset group weaknesses.
The Graveborn is an interesting class that might not be the most attractive on paper, but damn if it isn’t effective. Siphoning away enemy health through Dark Energy is the bread and butter of the Graveborn and it’s easier said than done. The key is to go all out. Fully sending your character into the heat of battle, barely keeping the balance between sacrificing your health and regaining it back, is the most effective and fun way to play Graveborn.
In my mind, the Graveborn is an excellent class for risk takers--players who don’t really want a class that's fully reliant on the spell casting cooldowns like the Spellshot, but aren’t interested in a melee brawler like the Brr-zerker. You’d think that the Graveborn is perfect for an average player that wants the best of both worlds, but the reality is that it’s probably better suited for veterans who aren’t worried about a whittling health bar, and can reliably break themselves out of a Death Save or two in the heat of the battle if they go down.
This floating companion will follow you around and hit enemies at range with Dark Magic, which is a new element in the game that leaches health from enemies and gives it to you. Whenever you cast a spell, your Demi-Lich will cast Hellish Blast, which chases down enemies and hits them with an area attack using the same element you just used.
Early on, the Demi-Lich is mostly just good for cracking jokes, but later you can stack certain upgrades to improve its efficacy. Some skills will even grant you more companions with specific perks increasing your own damage output based on how many companions you’ve got with you at any given time. It's messed up, but you can even use your Demi-Lich as a kind of bait where damage that would normally go to you becomes redirected to the companion’s health bar instead.
If you find the Graveborn to be kind of bare and dry with its abilities, Dire Sacrifice is the one action skill that looks pretty rad. Using this, you sacrifice some health to deal Dark Magic damage and leech health from enemies. The more health you sacrifice the more bonus damage you do. This skill is perfect for when you are surrounded by lots of small enemies or have a large boss down to a sliver of health and want to go in for the kill.
Conversely if you want a strong opening attack, you can use it as a starter and then quickly combine certain spells or even leeching weapons to quickly regain any health lost. Reaper of Bones is basically a game of extending your timer for as long as you can. When this is cast you get an increasing bonus to Dark Magic Damage which can heal you and extend the duration of this attack if you keep getting kills. The catch is you are constantly losing health with seemingly no end.
Once you run out of health you become invulnerable for a couple of seconds, and then come back with a small amount of health. If enemies are still alive by the time you run out of health, then GG my friend, because you are most likely going down. Combining this with health-stealing magic and guns is a must in case you deal with enemies tankier than your usual skeleton archer.
Graveborn’s passive skill tree mostly focuses on leaching more health and outputting more damage to keep you alive in those full-send moments. There are some fun things that you can unlock later down the tree such as one skill that has a chance to summon a Dark Hydra, but the majority of your upgrade points will be invested into maximizing your dark magic life stealing, reducing your cooldowns, or increasing the damage output of your demon-lich companions.
How to build
When you choose your class you can pick an origin story that gives you certain buffs and debuffs to particular attributes. Graveborn players should go with “Failed Monk” which depletes your starting strength and dexterity, but dramatically improves upon intelligence and wisdom.
In terms of upgrade paths, a specific skill you should look into early on is the Faithful Thralls which buffs your damage based on how many active companions you have fighting on your behalf. Most of the skills are under-the-hood improvements that can activate on kills, or are passively activate in the background. Your Graveborn's usefulness overall though is heightened by your companions so prioritizing those that spawn more companions on your side is a must.
You’ll also want to consider which action skill you prefer. Do you gamble on the Reaper of Bones? If so, definitely put on a health leeching loadout. This means focusing on weapons, spells, and any gear that gives you more efficient health regeneration. This can apply to Dire Sacrifice, as well, but I would not recommend completely abandoning health-leeching weapons or gear from your arsenal.
Combining Graveborn with Spore Warden creates the Horticulturalist multiclass and the two work together beautifully. The more companions that Graveborn has, the better you'll be, because they’re constantly causing chaos, distracting enemies, and ideally leeching health back. That means Graveborn could use friends…a lot of them.
This makes Spore Warden an excellent choice since it comes with a little mushroom companion right off the bat. If I found that the action skills of Reaper of Bones or Dire Sacrifice were too risky, especially in more difficult situations, swapping to Spore Warden’s barrage attack of bows was a nice change of pace, but primarily it’s the mushroom buddy that does the heavy lifting.
You might be tempted to try Stabbomancer as the secondary class to combine with the Graveborn, but it’s important to consider the main stats that go into each class. A Stabbomancer can benefit from greater dexterity and strength, which is not the main focus of Graveborn. Graveborn players are better off leveling up constitution, wisdom and intelligence for faster spellcasting cooldowns. That combines nicely with Spellshot should you decide Spore Warden isn’t your forte.
The Spellshot, is a gun wizard who can dual-wield magic or turn enemies into Skeep. You can also make some big mistakes mid-tree so this class is for more advanced players who don’t mind a stats-focused build. That’s because partway through Spellshot you become a glass cannon reliant on building damage stacks and firing off spells to recharge your shields, now called Wards. Another huge thing to note is that if you play with a controller, this class is physically demanding because you’ll be mashing triggers and both bumpers on almost every attack. All that being said, a well-built Spellshot is a blast to play.
The Spellshot’s Class Feat is Spellweaving which means casting spells or reloading weapons builds stacks of increased spell damage. Understanding Spellweaving stacks become vital mid-tree.
The Spellshot's action skills are used to either place one particularly badass enemy on timeout or find powerful combinations of magic spells to melt enemies before they get the chance to fight back. Unlike other classes, the Ambi-Hextrous action skill allows the Spellshot to equip two magic spells at the same time and this can be used for some pretty rapid-fire situations. The Polymorph skill lets you turn one enemy into a Skeep which is some kind of alien sheep that floats. You can attack them while they are transfigured, but if you don’t, they will turn back to normal after a time. If you cast Polymorph on an enemy that is too high level to transform, you wind up just casting another equipped spell instead.
The Spellshot passive skills all focus on casting and reloading weapons more quickly while escalating damage output through Spellweaving stacks. If you like to maximize damage through stats and aren’t too worried about unlocking flashy new abilities then this is your jam. If you’re a newer player or just experimenting, do not select Glass Cannon mid-tree, which boosts spell damage but stops your shields from automatically recharging. Make sure you fully understand Spellweaving stacks first--or skip the skill for a while--or you will die a lot.
How to build
It sounded fun to fire spells as fast as possible and cover wide areas of the field in elemental damage so here’s what I did. You may want to focus on more powerful spells fired less often--as always, decide what’s best for you. For the fastest rate of spell casting under Twist Of Fate, I went Failed Monk to boost Intelligence and Wisdom which reduces spell cooldown and increases elemental damage at the cost of critical hits. I then dumped all my points into Intelligence for the first portion of the game until I could fire off spells with the smallest possible time in-between. The only negative I noticed to this build was my melee attacks seemed to be weaker. It seems not to be explicitly stated, but this is probably tied to strength.
Multiclassing the Spellshot depends on what you want to do, but consider two ideas with ranged offensive glass cannon builds or more powerful defensive builds that let you get closer. I tend to like to do things that feel fun but many of you like to maximize stats. For a ranged fffensive Spellshot, go Clawbringer, mostly for the Wyvern companion that can reach out and set things on fire but also because if you’re fighting behind a team this class also hands out elemental team buffs. As a matter of fact, a glass cannon build behind a few friends can be insanely powerful. A great defensive Spellshot can go Spore warden to gain a tanky Mushroom buddy to give you space to step back and use your magic at a more casual pace. There’s really no right answer, I didn’t try this but even going Stabbomancer to vastly improve critical damage could really amp up a high damage build. Our reviewer even suggested leaning even more into the glass cannon build by going Graveborn, but proceed with caution if you go that route.
From previews and trailers, the Spore Warden looked like just another druid/ranger class, but as it turns out, things get silly fast in the best way. This character is great for beginners and anyone who just wants to have fun. The companion is tanky and gives you a lot of space to try different playstyles. You’ll quickly be casting cyclones and smashing through fields of enemies turned snowmen with your best mushroom friend who also has a habit of farting things to death.
The Spore Warden’s Class Feat is the Mushroom Companion, and to be honest the Spore Warden isn’t really sure how to feel about that either. (Clip of Spore Warden asking if they will get infected). You can ping enemies for your mushroom friend to lunge at and they deal poison damage great for melting armor.
When it comes to Action Skills this class has Barrage and Blizzard. Barrage summons an ethereal bow that fires seven arrows dealing ability damage on impact. Arrows can be fired multiple times and ricochet off surfaces. They also take on any gun damage buffs you might have going.
Early in the game, the bow isn’t that impressive. At range, it fires arrows in a wide spread and too few arrows hit any targets. It’s only effective as a finisher, which a new class of melee weapons are already good at. It’s possible that later in the game certain builds might be able to turn the bow into something more like the Golden Gun from Destiny but the second Action Skill, Blizzard, is way more effective for most of the game. Blizzard spawns three Frost Cyclones that persist for a while slowing and freezing enemies. The cyclones can even chase flying creatures. As a matter of fact, once you get your cyclones going and level up your Mushroom Companion you can set a battle in motion and just kind of sit back. There are so many status effects going on that everything pretty much dies although it can sometimes be hard to see what’s happening--which is very Borderlands.
The passive skill tree for Spore Warden is pretty straightforward, mostly increasing the damage and health of you and your Mushroom Companion but there are also two Skills you should go for. Early on, Spore Cloud lets your buddy do their fart attack and then just a bit later Medicinal Mushroom will let your mushroom friend come revive you. This is great for solo players.
How to build
There’s no one right way to do this since this is a very forgiving class. I went for a close-range build and chose the Twist Of Fate called Village Idiot which jacked up strength and critical damage but more importantly seemed to amp up the stagger effects of melee weapons. Then I dumped my extra points into dexterity for a higher critical chance and intelligence to mitigate the negative stats from Village Idiot and get a more neutral spell cooldown rate. In the early game, this made a hard-hitting build that would freeze enemies with cyclones, tank with mushroom friend, and then finish with staggering melee blows or critical shotgun hits. This build didn’t need a lot of Constitution to boost health and shields because enemies often aggroed on my companion. That being said, critical hits are more associated with the Stabbomancer so you may want to maximize the Spore Warden in other ways or build a more ranged class to take advantage of Barrage.
Multiclassing can also go in a wide number of ways but for this build, the Brr-Zerker's boosted frost damage from the Warden’s already very effective cyclones gave the option to essentially aim a much more targeted cyclone of sorts with the Brr-Zerker’s action skill.
Many spells require you to merely snap your fingers, Thanos-style, and we'll admit that such power feels really good.
Everything you need to know about the Brr-Zerker comes from the word play that makes up its name. It is, at its heart, a riff on the Berserker, Borderlands' version of a heavy tank class, with a twist of frost-focused magic.
One of Wonderlands' new features is the dedicated melee weapon, and if you're interested in using it often, the Brr-Zerker is the perfect fit for you. Combine that with the enraged mechanic to deal bonus frost and you have a powerful closed-ranged fighter that’s all about jumping into the middle of the action. If you like having a large health pool, telling your enemies to “chill,” and close-ranged weapons, the Brr-Zerker is for you.
The Brr-Zerker’s Class Feat is Rage of the Ancients, which activates enraged every time you use an action skill. What does enraged do? It adds bonus frost damage to all your attacks. The duration of base enrage lasts 15 seconds, however it doesn’t deplete while an action skill is active. So if you use Dreadwind, which last 6 seconds, enraged will proc at the start, giving you a total of 21 seconds. You can also increase the duration of enraged by 35% if you activate an Action Skill, something you can take advantage of with Feral Surge, detailed below.
Your starting action skill is Dreadwind, where your Fatemaker will spin around for 6 seconds, dealing damage based on the stats of their equipped melee weapon. While in effect, you have increased movement speed and immunity to the slow status effect, so you can keep up as enemies move around and still hit them. You might notice at the start of the game, Dreadwind… doesn’t seem that effective. Damage doesn’t hit as hard as you’d like and enemies can still attack you, while getting put into Save Your Soul state ends your Dreadwind. Because Dreadwind is tied to the damage of your equipped melee weapon, this is a skill that only gets better the further into your playthrough, and you’ll want to prioritize passive skills that boost melee and close range damage, as well as scavenge vending machines for better melee weapons.
Your second action skill is Feral Surge, a single use lunging attack that will deal area frost damage to enemies. Feral Surge is a great way to get into a group of enemies faces quickly, apply frost damage to them, and then follow up with a close ranged weapon like a shotgun. However you can also chain Feral Surge, as its cooldown will reset if you kill an enemy with it. In fact Feral Surge will instantly kill an enemy if their health is below 20%. If you play this right you keep chaining Feral Surge over and over, bypassing its 32 second cooldown. This pairs beautifully with enraged, which as previously mentioned, can have its duration prolonged every time you activate a skill. To truly take advantage of Feral Surge requires more thought and planning then Dreadwind, but if that sorta ability chaining excites you, it's a really cool skill.
As you might have guessed, the Brr-Zerker’s passive skills are about increasing the power of frost damage and melee damage, boosting states like enraged, and improving health and damage reduction so you can stay up close and personal. Blood Frenzy restores health and increases your enraged timer for every kill. The Old Ways deals bonus damage when very close to an enemy
How to build
The core to an effective Brr-Zerker is strong melee damage, plenty of health to keep you alive, and using your action skills as much as possible. That means allocating points into Strength, Constitution, and Attunement. For your twist of fate, Village Idiot is perfect for giving you that raw damage output upfront while keeping everything else you need neutral. Recovering Inventory Hoarder is also a potential option as it gives you a skill cooldown boost but you are gonna be sacrificing some Max HP and will want to put your extra points into that to even things out.
If you decide you want to pair Brr-Zerker with another class's action skill, pick one that has a skill you can use frequently so you are still activating Enraged all the time. For example, Spore Warden is a great option with Barrage which can be fired multiple times. Or you can take advantage of Blizzard and use your passive frost boosts to increase the power of the cyclones further.
The Clawbringer is an elemental powerhouse and perhaps the most well-rounded of the classes. With a fistful of fire in one hand and lightning in the other, Clawbringer can bring a little bit of everything to the table, including their trusty Wyvern Companion.
There really aren’t any tricks to Clawbringer, which might make it a bit dull if you're looking to be a little more weird or active with your class. However, if you rather focus just on shooting and letting elemental magic happen with no extra effort on your part, the Clawbringer is a good choice, and can be a great class to pick second and pair with any of the others.
The Clawbringer’s Class Feat is Wyvern Companion, a cute little flying companion that will claw out your enemies eyes and reign hellfire down on them. Any increase in your damage also increases your companion's damage, which makes boosting fire damage very important if you want your Wyvern to be as effective as possible. You can’t control your Wyvern, and as a result it can be easy to forget they are there. If you want a feat that feels more active than passive you might not like the Wyvern, but if you rather have a buddy that deals bonus damage with no effort on your part, Wyvern is a good option.
Your starting action skill is Cleansing Flames, a massive hammer strike that slams the earth or nearby enemy skulls with large melee damage as well as a fire nova, creating a fire area-of-effect attack. Even at the start Cleansing Flame is a powerful skill and can deal some heavy damage, making it really fun and satisfying right out of the gate.
The second action skill is Storm Dragon’s Judgment, which gives the Fatemaker what is essentially Thor’s hammer. It's a ranged skill you throw that deals area of effect lightning damage for 8 seconds wherever it lands. You can also recall it back early, refunding some cooldown, and yes any enemies in its path back to you do take damage. Boy!
When it comes to passive skills, the Clawbringer’s focus is on its three core attributes. Fire damage. lightning damage, and their Wyvern Companion. Rather than splitting your points into both fire and lightning, you're better off picking one element and focusing on it to maximize its potential. Fire might seem like the better choice because your wyvern breathes fire, however there are passive skills that give your wyvern lightning damage. Ultimately, you should pick the element based on which Action Skill you prefer.
How to build
Which Action Skill you end up preferring is also going to affect your build to some degree, which is a bit of a bummer because you pick the skill first. However, you can respec in Brighthoof if you change your mind later. While not quite as melee heavy as the Brr-Zerker is, melee and critical damage still play a key role in the Clawbringer’s action skills and as such Strength is good to invest in. The class can also be quite tanky, not with HP but with its Ward thanks to a few passive skills, so constitution is another place to put points, especially if you use Cleansing Flame, which requires you to get up close and personal. Wisdom is a great option if you want to go all in on the elemental side of them. For Twist of Fate, you can pick Village Idiot if you want to go big on the melee and crit damage, or for a slightly more risky option, Rogue Alchemist gives a large boost to Status Damage, at the cost of constitution. This can work out well though if you favor long-range weapons and Storm Dragon’s Judgment.
Because of how straightforward Clawbringer is, and because most of its skills don’t require extra work to activate, it can make a great multiclass option. It's always nice to have more elemental damage on your attacks and pretty much any class can benefit from having a Wyvern follow you around, setting stuff on fire. I find it to be a solid companion to the Brr-Zerker, who I played as my main class. I would focus on chaining Feral Surge and Enraged, while my Wyvern would just mop up everyone else.
TOKYO, Mar 24, 2022 - (JCN Newswire) - Toyobo Co., Ltd. (Toyobo) and Mitsubishi Corporation (MC) are pleased to announce our agreement to establish a new joint venture company(1) that will specialize in the planning, development, manufacturing and sales of functional materials. The terms of our agreement call for the new company to commence operations in January 2023 or sometime thereabouts.
Background and Aims of this Joint Venture
Business environments have been changing quite dramatically in recent years, as evidenced by global moves to decarbonize and expedite the development of new technologies. These changes are driving up demand for functional materials and resulting in a significant restructuring of the related industries, and both Toyobo and MC are committed to capturing opportunities that may arise. Over the last two years, we have been pursuing strategic, cross-industry collaborations to ensure the sustainable growth and development of our operations, and our agreement signed today, on 24th March 2022, represents our latest venture together. Toyobo and MC share similar corporate values. We are both dedicated to addressing challenges faced by modern communities and helping to realize a sustainable society, and we are pleased that working together in functional materials will afford us another opportunity to do so.
Our new joint venture company shall inherit Toyobo's functional materials business(2), and by combining our companies' respective strengths, it shall endeavor to achieve two aims. The first of those aims is to grow our presence in global markets, and the second is to provide customers with solutions that meet the evolving needs of the industry, which are growing increasingly diverse and sophisticated by the day. Together, we are confident that we can achieve both of these aims, as MC's broad industry know-how and network promise to be the perfect complement to Toyobo's technological expertise.
(Laying of Robust Management Foundation) By combining Toyobo's business foundations with MC's management expertise and functions, our new joint venture company shall strive to offer high value-added solutions to its customers. Immediately following its establishment, work shall commence to lay down a firm-yet-flexible management foundation that is capable of adapting swiftly to the dynamically changing business environment.
(Creation of Business Opportunities in New Growth Regions and Fields) Another of our objectives in establishing this new company is to leverage MC's network to facilitate the global expansion of Toyobo's materials and technologies. Furthermore, by marrying work to meet that objective with efforts dedicated to decarbonization and the achievement of the UN's sustainable development goals, our new company shall pave the way forward for future collaborations between Toyobo and MC. We look forward to facilitating our construction of new business models that extend beyond functional materials, discussions on global alliances, and other ways to ensure the sustainable growth and development of our operations.
(1) MC will invest in the new company following its acquisition of certain Toyobo operations through an absorption-type demerger. (2) Business related to planning, development, manufacturing and sales of functional materials in Japan and overseas (Business related to Polymerization Development, VYLON and HARDLEN, Photo Functional Materials, Fine Chemicals, Engineering Plastics, Water Treatment Membranes, Environment Solution Devices, Activated Carbon Products, Activated Carbon Filters, Spunbond Nonwoven Fabrics, Lifestyle Materials, High-Performance Fibers), and ancillary operations will be inherited by the new joint venture company.
Contact: Toyobo Co., Ltd.: Public Relations Group, Corporate Communication Department: +81-6-6348-4210 Mitsubishi Corporation: Corporate Communications Dept., Press Relations Team: +81-3-3210-2171
Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comToyobo Co., Ltd. (Toyobo) and Mitsubishi Corporation (MC) are pleased to announce our agreement to establish a new joint venture company that will specialize in the planning, development, manufacturing and sales of functional materials.
By FintechNews staff The Internet of Things (IoT) has grown exponentially in a very short period of time. Smart gadgets, although being relatively new, are omnipresent in business and consumer spheres, and they show no indications of slowing down. The use of data-driven and data-acquiring solutions, networks and devices are no longer a luxury but […]
Tuesday, the b2b2 SaaS provider Provenir introduced Provenir AI, a no-code AI credit risk underwriting platform. The release came just days after a Provenir published a study that showed most fintechs or fin services were not confident with their current underwriting models.
The 2021-2022 school year began full of promise. Students, families, and educators were ready to get back to pre-pandemic learning routines. Almost no one was prepared for how the landscape had changed – many educators had left the profession, staffing needs were at an all-time high, and students were engaging in more frequent and more severe challenging behaviors.
The jury is no longer out. Electric vehicles (EVs) are coming,
and in large numbers. We have heard the message loud and clear.
Nearly every major automaker in the United States has announced
significant investment commitments to transition a substantial
percentage of their product portfolio from internal combustion
engines (ICEs) to EVs.
The number of available EV models in the US is expected to
increase 10 times over, from 26 in 2021 to 276 in 2030
The adoption of these offerings is also expected to be
California's share of EV sales in the United States is
projected to decline from 35% in 2021 to only 12% in 2030
Tesla's share of EV sales will decline from 71% in 2021 to only
10% in 2030
To support this EV expansion, governments, companies, and EV
consumers will be required to invest considerably to build out
charging infrastructure, with the number of charging stations
increasing from 850,000 in 2021 to nearly 12 million by 2030.
But what will this transition mean for the average US franchised
dealer? What changes will be required to the traditional sales
process? Will service revenue be at risk? What investments will be
required? The pace of transition will differ dramatically across
brands, but the challenges and opportunities will be similar. The
brands and dealers that can create a simplified, customer-centric
approach through this transition will create a key differentiator
during this retail transformation.
The average franchise dealer will be tasked to sell, service,
and manage relationships with a traditional ICE vehicle customer
base, at the same time, trying to aggressively grow the EV
business. Even with the dramatic growth expectations for EVs, the
average dealer in 2030 will have a new vehicle sales mix of 70% of
ICE vs. 30% EV. On the service side, more than 80% of vehicles in
operation (VIO) will still be ICE vehicles. The prolonged dominance
of ICE vehicles will translate to hesitation from dealers to shift
their substantial resources to support EV growth. Sales manager
compensation will continue to be dominated by selling the
traditional ICE vehicle inventory. Service lanes and workshop
processes will continue to be organized around ICE vehicle
maintenance and repair requirements. The challenge will be to
maintain these core business operations while also laying the
groundwork for the transition to EVs and an evolving business
Dealers are being asked to make significant investments in
charging infrastructure as they prepare for EV launches. OEMs are
establishing the prescriptive requirements based on sales
opportunity for each dealer. Although these investments are often
quite large, they are straightforward and relatively easy to plan
for. Specific EV training will be another key area of focus for
OEMs and dealer investment. Dealers may try to identify key EV
personnel as "experts" while increasing their general dealership
knowledge. This task is challenging when the majority of daily
business activity will continue to focus on traditional ICE
customers. OEMs will prioritize EV training requirements coinciding
with key vehicle launches, while also rolling out continuous
learning opportunities. Dealers will need to recognize the
long-term importance of these opportunities and prioritize the goal
of developing EV expertise across nearly all dealership roles. The
best performing dealers will look for immediate opportunities to
apply this EV knowledge. Many consumers, even those not ready to
purchase an EV, will have questions, providing an opportunity to
establish EV credibility within the existing customer base.
Understanding the reasons behind an EV purchase , proactively
identifying those customers, and creating targeted marketing will
accelerate the return on investment and establish a competitive
edge in capturing EV growth.
The transition to EVs for traditional franchise dealers
introduces a significant complexity risk. A distracted, disjointed
business will struggle, but a focused, harmonized business will
thrive. OEMs are aware of the risk. Ford recently announced its
network strategy to distinguish ICE dealers, such as those offering
the Ford Blue, from EV dealers, for example offering the Ford Model
e, creating separate, unique dealer-operating standards for each.
Ford dealers have clearly voiced some trepidation over this
approach and there will likely be some hurdles in the execution.
However, it is likely we will see more OEMs following Ford's lead
as traditional automakers attempt to simplify the retail approach
and compete more effectively with EV-only brands, namely Tesla. If
successful, traditional automakers may find that fully leveraging
their dealer networks will provide the competitive advantage they
have been looking for to serve the EV customer of the future.
The new Tuas Port in Singapore is on its way to becoming one of the world’s largest autonomous shipping yards. The completion of the one-quarter stage of the Tuas Port project (1), which is expected to cost more than 20 billion USD and be completed by the 2040s (2), represents the culmination of almost 34 […]