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US Auto Industry Down 8% Since 2019

CleanTechnica EVs

It’s time for another one of our quarterly US auto sales reports. No other media outlet compares US auto industry trends with as much history and depth as we do in these.

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Auto industry spent less on advertising in 2022; Tesla already spends $0

Teslarati

Although Tesla spends $0, the decline in ad spending could be an indicator of troubles for an industry trying to compete with Tesla’s EV lead. Reuters reported that the auto industry’s ad spending fell to $4.8 billion between January and July 2022 or 4% year-on-year. Compared with the same period in 2019 ($5.50

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First videos of Rivian R2 and R3 driving on public roads show size comparisons

Baua Electric

Rivian launched the much-anticipated R2 – and the surprise R3 – on Thursday, but at the time we only saw the cars on stage, in isolation. Now video has emerged showing these cars driving on public roads, next to other cars, offering a better visual size comparison, and a look at the cars in motion in the sunlight.

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German ELAB study finds growth of alternative drivetrains to increase employment opportunities in auto industry

Green Car Congress

Comparison of the personnel requirements under four scenarios in the ELAB study for an idealized production of 1 million powertrains. The coexistence of several different drive concepts will result in at least steady to intermittently rising employment in the industry as analysis of the studied value chain shows. Click to enlarge.

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Tesla (TSLA) Q2 2021 earnings call set for July 26

Teslarati

During the second quarter, the company met Wall Street’s already high expectations by producing a total of 206,421 vehicles and delivering a total of 201,250 cars. In comparison, Wall Street’s consensus pointed to Tesla delivering 201,000 vehicles during the quarter. Normally S and X deliveries are around 15k per quarter.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. The auto industry is a relatively small chip end-user, but it’s growing fast. Those processes make up most of the installed capacity.

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Rivian filings hint at $10k autonomous driving option, software subscription details

Teslarati

The company estimated an LTR potential of $67,900 for consumer cars and $64,600 for commercial vehicles. Tesla may be the closest comparison for Rivian’s other software-enabled services, like connectivity and diagnostic software. Rivian also shared its LTR estimates for software-enabled services for consumer vehicles only.

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