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US Auto Industry Down 3+ Million Sales (19%) Since 2019

CleanTechnica EVs

The US auto industry has been declining steadily for a few years at least. Compared to 2021, the American auto industry’s annual sales were down by more than 1 million units, or 8%. Compared to 2020, there were “only” down by 725,726 units (5%).

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US Auto Industry Up 10% In 4th Quarter — But Down 16% Compared To Q4 2019

CleanTechnica EVs

The US auto industry is truly on the rebound. Seemingly not, as US auto industry sales in the 4th quarter of 2022 were 10% higher than […] In the 3rd quarter, sales increasing 1% compared to the 3rd quarter of 2021, the first positive trend in a while. But was it just a lucky little blip?

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Tesla’s market cap drop is worth almost the entire legacy auto industry

Electrek

Tesla’s loss in market capitalization equals almost the entire legacy auto industry combined – one of the most significant losses in value of all time. The post Tesla’s market cap drop is worth almost the entire legacy auto industry appeared first on Electrek.

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Ultra-fast battery maker StoreDot hires auto industry head as chair

Electrek

StoreDot , makers of ultra-fast, Tesla-like 4680 cells, today announced that it’s appointed global auto industry leader Carl-Peter Forster as chairman. The post Ultra-fast battery maker StoreDot hires auto industry head as chair appeared first on Electrek.

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“Not a single year to lose:” Auto industry is pushing world well beyond 1.5°C

The Driven EV News

A report shows that unless carmakers make significant changes in three key areas, the global automotive industry will crash through its carbon budget by 75% The post “Not a single year to lose:” Auto industry is pushing world well beyond 1.5°C C appeared first on The Driven.

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Ford’s November sales paints revealing picture of US auto industry as EV adoption climbs

Electrek

Ford released its US auto sales for November today, and although electric vehicle sales were up over 100% YOY for the fifth straight month, gas-powered car sales continued to slide. The sales report highlights the direction in which the US auto industry is headed – forward.

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Tesla tops the list of most satisfied customers in the entire auto industry

Electrek

Tesla has topped the list of most satisfied customers in the entire auto industry, with Model 3 taking the top spot for for all cars globally. The post Tesla tops the list of most satisfied customers in the entire auto industry appeared first on Electrek.

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Tesla is fighting the auto industry over fuel economy standards

Electrek

Tesla is fighting the rest of the auto industry in the US over respecting the Corporate Average Fuel Economy (CAFE) requirements set back in 2016. more… The post Tesla is fighting the auto industry over fuel economy standards appeared first on Electrek.

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Odd Car Designs Are Lacking In Today’s Auto Industry

CleanTechnica EVs

Is it just me, or has all the fun been sucked out of the auto industry? In previous decades, the unique design of a car was something to be celebrated. Cars were an extension of one’s personality and were intended to make a statement. A bit before my time, not just fish could have fins […].

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Electric Vehicles Are Reshaping The Auto Industry

CleanTechnica EVs

But why did the auto industry wait so long? Electrification of cars and trucks is all the rage.

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Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges

Electric Cars Report

The call comes as other countries significantly power up political and economic backing for their own automotive sectors, […] The post Turbocharge UK competitiveness to win Race to Zero prize, auto industry urges appeared first on Electric Cars Report.

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Benchmark: Russia’s invasion of Ukraine risks raising costs for Europe’s auto industry

Green Car Congress

Russia’s invasion of Ukraine threatens to increase costs for Europe’s vehicle industry, which is already struggling with record high lithium prices and a shortage of semiconductor chips, according to Benchmark Mineral Intelligence.

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Upstream Security: cyber hacks could cost auto industry $24 billion within 5 years

Green Car Congress

Cyber hacks might cost the auto industry roughly $24 billion within five years, according to a new study by Upstream Security , which specializes in cloud-based security protection.

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Will the Japanese Auto Industry Completely Collapse?

My Electric Car

The Japanese auto industry is facing a potential demise due to its slow adoption of electric cars. However, the Japanese auto industry has been slow to adopt this technology, and has not been able to keep up with the competition from other countries. Add to that the huge debt burden already carried by the likes of Toyota.

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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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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Taveres said that the costs of transitioning to electric vehicle production are “beyond the limits” of what the current auto industry can sustain in an interview with Reuters Next. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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Joe Biden gives GM CEO Mary Barra credit for ‘electrifying the entire auto industry,’ but he’s wrong

Electrek

US President Joe Biden was at the inauguration of GM’s Factory Zero yesterday, the company’s first electric vehicle factory, and he gave a speech in which he gave credit to GM CEO Mary Barra for “electrifying the entire auto industry.” ” Fact check: Biden is dead wrong about that.

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Stellantis CEO: Speeding Up EV Transition Is “Beyond The Limits” Of What Auto Industry Can Sustain

CleanTechnica EVs

By Johnna Crider and Zachary Shahan In an interview at the Reuters Next conference, Stellantis CEO Carlos Tavares said that the costs of speeding up the transition to EVs are “beyond the limits” of what the auto industry can sustain.

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Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry

Teslarati

The post Elon Musk finally names Tesla’s main rival—and it’s way bigger than the auto industry appeared first on TESLARATI. Don’t hesitate to contact us with news tips. Just send a message to simon @teslarati.com to give us a heads up.

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US President Biden pats GM CEO’s back: “You electrified the entire auto industry. You led.”

Teslarati

“In the auto industry, Detroit is leading the world in electric vehicles. The post US President Biden pats GM CEO’s back: “You electrified the entire auto industry. The future is electric – and it will be made right here in America. pic.twitter.com/foX0ydM6mo — President Biden (@POTUS) November 18, 2021.

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Tesla Cybertruck Has Plenty Of Skeptics In The Auto Industry

CleanTechnica EVs

The Tesla Cybertruck won't go into mass production until 2024. By the time it gets here, will its first mover advantage be gone?

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ABB and HASCO create joint venture to drive smart manufacturing in China’s auto industry

Green Car Congress

Partnership builds on existing relationship to deliver increased automation and sustainability for auto parts production New joint venture agreement signed by both parties on December 30th 2021 and expected to commence operation in Q2, 2022. 04/01/2022 Images are for editorial use only.

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Tesla's Massive Price Cuts Send Shockwaves Across Auto Industry

InsideEVs

While the shock comes as no surprise, the more interesting part will be how it impacts rival brands' future pricing and offerings.

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Tesla US Sales Up 104% While US Auto Industry Down 22%

CleanTechnica EVs

Comparing the 3rd quarter of 2021 to the 3rd quarter of 2020, US Tesla sales were up 67% while overall US auto sales were down 13%. Compared to 2019, the difference was even more stark — Tesla sales were up 104% and US auto sales were down 22%.

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UK Auto Industry Left Behind as Carmakers Focus EV Production in EU Countries

EV Obssesion

The post UK Auto Industry Left Behind as Carmakers Focus EV Production in EU Countries appeared first on EV Obsession. In 2018, 50% of all the EVs made in Europe were produced in the UK. A chronic lack of future investment in UK factories by carmakers is to blame with the […].

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Will US auto industry simply succumb to China over electric cars?

Green Car Reports

auto industry was the world's largest. For a century, the U.S. That ended in 2009, when China's sales of 13.5 million new vehicles surpassed a recession-slammed U.S. total of 10.4 Last year, U.S. drivers bought 17.5 million new vehicles—against more than 30 million sales in China. DON'T MISS: Why China will beat U.S.

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Ferrari CEO Says Tesla Was A "Wake-Up Call" For The Auto Industry

InsideEVs

"Things used to happen too slowly" before Tesla, Benedetto Vigna said in a recent interview.

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7-Eleven Now In EV Charging Business With 7Charge

CleanTechnica EVs

Everyone, their mother, and their dog can see that the auto industry is electrifying. That includes oil companies (like Shell) and gas stations & convenience stores (like 7-Eleven). Regarding the latter, the news this week is that 7-Eleven has launched its own EV charging network! The name of that charging network is 7Charge.

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Largest Auto-Industry Employer In California: Electric-Car Maker Tesla Motors

Green Car Reports

It''s also, amazingly, become California''s biggest auto-industry employer--edging out even Toyota. Tesla Motors is one of the youngest U.S. automakers, but has made a disproportionately large impact in the automotive media''s headlines over the last few years.

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Visiting Ford EV Center, Biden says, “The future of the auto industry is electric”

Plug in America

The future of the auto industry is electric,” said President Biden. This week, President Joe Biden visited the Ford Motor Company Rouge Electric Vehicle Center in Dearborn, Michigan, getting a preview of the all-electric version of their F-150 pickup truck, the highest-selling vehicle in the country. There’s no turning back. …

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Tuopu: Tesla Leads The Auto Industry By At Least 5 Years

CleanTechnica EVs

Tuopu is an auto parts supplier that services a wide variety of brands, from Geely and SAIC to Ford, GM, Volkswagen, and other major automakers. China-based Ningbo Tuopu Group Co. Ltd (Tuopu) recently stated in its most recent earnings call that Tesla has a five year gap on other car companies, Teslarati reported.

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Capgemini and Audi launch XL2 joint venture to support digital transformation of auto industry

Green Car Congress

XL2 was founded by Audi and Capgemini to support the automotive industry in digital transformation tasks. Capgemini and Audi have launched a joint venture: XL2. Following regulatory approvals, the company was founded at the end of April.

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How Tesla Got the Jump on the Rest of the Auto Industry — Way Back in 2006

CleanTechnica EVs

By James Morton Turner.

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China's transition to new emission standard: How will this affect auto market?

CN EV Post

The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry.

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Bosch Warns Auto Industry About Putting All Its Eggs In The Lithium-Ion Basket

CleanTechnica EVs

The head of mobility for Bosch warns the world needs an alternative to lithium-ion batteries in order to avoid a supply disruption.

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Elon Musk & Others Warn of Looming Auto Crisis

CleanTechnica EVs

As the auto industry faces some of the harshest effects of the Federal Reserve’s rising interest rates to battle inflation, Tesla CEO Elon Musk and others are warning the public about the potential for a major financial crisis in the auto industry.

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Auto Industry Doing Fine In Meeting Gas-Mileage Goals, It Turns Out

Green Car Reports

The auto industry came very near to the precipice in 2009, and it agreed to significant new regulations to enable it to step back from the brink. Now, it turns out that it''s not only meeting, but actually beating, the required reductions in emissions. That means that, according to the U.S.

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Subaru takes a page from Toyota appointing new CEO to compete in the EV era

Electrek

As the auto industry charges ahead toward a fully electric future, you can start to see clear leaders and laggards. The automaker announced Friday it was appointing a new CEO to address the “profound transformation” to EVs in the auto industry, following a similar move from Toyota recently.

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VW has delivered 500,000 of its ID EVs despite supply strains

Green Car Reports

Despite supply chain issues that have affected the entire auto industry, Volkswagen claims to have reached a delivery goal for its ID-family electric cars early. VW on Monday said it had passed 500,000 global deliveries of ID models since the first European-market ID.3 3 hatchbacks were handed over to customers in October 2020.

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Some Members Of The Auto Industry Are Still Clueless About Electric Vehicles

CleanTechnica EVs

Yeah, big shocker, right? Even though this cluelessness is hardly new information, it is still fascinating to see it when it presents itself. I recently had an exchange with said cluelessness in the comments section of a LinkedIn post. I know, I know, online comment sections are a vacuum for the egomaniacally ill-informed. I try […].

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How Tesla Introduced An Intelligent EV Supply Chain

CleanTechnica EVs

The concept of vehicles being intelligent devices is relatively new, and it has largely come as a result of Tesla’s contributions to the auto industry.

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BYD Launches Han BEV, Song PLUS DM-i, And Destroyer 05 PHEV In Uzbekistan

CleanTechnica EVs

In February of last year, BYD Auto Industry Co Ltd (BYD) and UZAVTOSANOAT JSC (UzAuto) signed a strategic Memorandum of Understanding (MOU) to develop, produce, and popularize “new energy vehicles” (NEV) in Uzbekistan. UzAuto is the largest and only manufacturer in Central Asia to offer a full range of vehicles.

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Consumer Reports calls for major safety improvements across auto industry after NTSB findings in Tesla investigation

Green Car Congress

In light of new findings by the National Transportation Safety Board (NTSB) related to investigation of a fatal Tesla crash in 2018 related to Tesla Autopilot, Consumer Reports called for manufacturers to include key safety features in any vehicle that has an active driving assistance system and for the National Highway Traffic Safety Administration (..)

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