US Auto Industry Down 8% Since 2019
CleanTechnica EVs
SEPTEMBER 24, 2023
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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How and When the Chip Shortage Will End, in 4 Charts
Cars That Think
MARCH 28, 2023
The auto industry is a relatively small chip end-user, but it’s growing fast. billion, the auto industry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. billion in 2021 after crossing the $3-billion mark in 2020 for the first time in years, SEMI says.
IHS: average age of light vehicles in US rises slightly in 2015 to 11.5 years; length of new vehicle ownership hits record high
Green Car Congress
JULY 29, 2015
million (2.1%) since last year and the highest annual increase the auto industry has seen in the US since IHS began tracking VIO growth. In comparison, a record high of more than 14 million vehicles were scrapped in 2012. percent of the fleet.
Rivian IPO: What you need to know
Teslarati
NOVEMBER 9, 2021
Rivian posted a net loss of $994 million from January to June 2021, more than double the $377 million net loss it posted for the first half of 2020. In comparison, its R&D cost for 2020 stood at $766 million. Rivian’s R&D expenses are also on the rise, with the company spending $683 million in Q1 and Q2 2021.
Debunking the Lithium "Mining" FUD
Plug In India
MARCH 15, 2023
The interesting thing is before electric cars were popular, no one in the auto industry or mainstream media even questioned where petrol or the metals used in engines are coming from. The Lithium extraction industry is open to more sustainable raw-material extraction. From the graph it shows how the VW ID.3
News: Tesla Announces Annual Earnings, New Focus on Production
Clean Fleet Report
FEBRUARY 6, 2022
It delivered just under one million cars for the year (an 87% increase compared to 2020), so the expectation is next year with the additional plants it will easily top 1.5 For comparison, General Motors, one of the three largest car companies in the world, reported $10 billion of profit for last year. The full-year profit hit $5.5
The EV Transition Explained: Reshaping Labor Markets
Cars That Think
JANUARY 17, 2023
auto industry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled It believes that there will be a net loss of 275,000 auto industry jobs by 2040, with most of the drop off coming between 2030 and 2035.
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