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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

The automotive industry spent less on advertising during the first seven months of 2022. 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

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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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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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Stellantis sees a drop in Q1 2024 revenue, ahead of BEV launches

Teslarati

In recent months, Stellantis has been faced with multiple rounds of job cuts , as much of the auto industry, especially in the BEV space, has seen a downtrend throughout this year. “We are reducing inventories to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions.”

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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

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. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future. In March of 2023, the U.S.