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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

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. In the R2 unveiling, Rivian did tell us all the dimensions of the R2, so the comparisons there aren’t as important. Both their looks, and their sizes?

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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 FCV scenario requires most workers to produce the million powertrains. Source: ELAB Studienergebnisse. Click to enlarge.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

In comparison, Electrify America has 3,503 fast chargers and 116 Level 2 chargers in the United States. General Motors and Ford hold a significant market share of the United States auto industry. Global policies, market, and investor trends all point to BEVs as a mainstay in the global auto industry.

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

Cars That Think

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. In comparison, spending to equip 300-mm fabs is expected to hit $78-billion in 2021.

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

Teslarati

In comparison, Wall Street’s consensus pointed to Tesla delivering 201,000 vehicles during the quarter. These headwinds included an ongoing chip shortage that has adversely affected the auto industry as a whole, as well as delays in the rollout of the new Tesla Model S Plaid.

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