In 2021, Toyota displaced General Motors as the top vehicle seller in the U.S. by 114,034 units. This marks the first time since 1931 that GM has not been the auto company with the most sales. More: - In 2021, Toyota sold 2,332,262 vehicles in the U.S., a 10.4% YoY volume increase, of which 150,072 were sold in December. Its Lexus brand decreased 37.1% YoY to 24,043 in December.
- Toyota's electrified vehicle sales, which includes hybrids, rose 73.2% YoY to 583,697.
- According to GM, its sales were down approximately 13% YoY due to semiconductor supply chain issues. The key constraint for sales continues to be reduced inventory levels as a result of the semiconductor shortage.
- "Those inventory levels are beginning to recover against a backdrop of strong fundamental demand conditions, with ample job openings, high household savings and low interest rates," said GM's chief economist Elaine Buckberg.
- In Q4, GM's Chevrolet Silverado sales were down 35.7% YoY, while sales of the GMC Sierra decreased 26.3%.
- RAV4 Hybrid sales rose 19% YoY to 13,214. RAV4 sales of all varieties totaled 34,609 to lead Toyota. For the year, RAV4 sales were down 5.3% but still topped 400,000 at 407,739.
Zoom Out: - In Q4, Tesla delivered 308,600 vehicles, of which 11,750 were for Model S and Model X, with the remainder consisting of Model Y and Model 3. Tesla sold a total of 936,172 vehicles in 2021.
- Hyundai delivered 152,446 vehicles in Q4, a 15% YoY decrease, while its total sales for 2021 increased 19% to 738,081. Ioniq sales fell by 33% YoY in December, while its 2021 deliveries rose by 47% to 19,885.
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On Monday, Udelv revealed its third-generation autonomous delivery vehicle, the Transporter, which has a modular design and uses Mobileye technology. Udelv aims to commercially deploy the Transporter in 2023, with public road usage by 2028. More: - Each modular pod is able to carry approximately 2,000 pounds of cargo. The vehicle can stop a maximum of 80 times per vehicle charge and has a maximum speed of 70 mph.
- The Transporter has a battery capacity between 90 and 160 kWh, with a 160- to 300-mile range. It is able to charge for 220 miles in 45 minutes through DC fast charging.
- Udelv claims 2,000 reservations, including from logistics companies Planzer, Ziegler Group, and Donlen.
- The company has completed approximately 20,000 deliveries for customers in Arizona, Texas, and California.
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Ford revealed its plans to double the production of the upcoming F-150 Lightning to 150,000 units per year. The automaker has ~200,000 reservations for the new electric pickup truck. More: - According to Ford, 75% of reservation holders for the F-150 Lightning are new customers to the brand.
- Ford also announced it aims to increase production of the Mustang Mach-E to reach more than 200,000 vehicles per year by 2023, raising the automaker's total capacity to produce 600,000 BEVs annually.
- Ford plans to invest $30 billion in electric vehicles by 2025.
- $F was up 11.67% for the day on Tuesday afternoon.
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EV charging company Wallbox revealed its second-generation bidirectional home charger, Quasar 2. The new charger works with CSS combo plugs at 11.5kW. More: - The Quasar 2 has a "blackout mode" that allows users to have their vehicle act as an emergency generator in instances of power outages.
- According to Wallbox, the new charger can power a home for more than three days during a power outage, based on the average household's critical consumption.
Zoom Out: - In September, Wallbox announced a public EV charging station that can fully charge a vehicle within 15 minutes, which is expected to begin production in 2023.
- Wallbox stock was up 2.36% for the day on Tuesday afternoon.
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United Airlines began offering its pilots triple pay in response to a staff shortage due to the Omicron variant. U.S.-based airlines have canceled more than 10,000 flights since Dec. 23. More: - As of Tuesday afternoon, United had canceled 76 flights, the equivalent of 3% for the day, while it had 382 delays, 19% of the airline's schedule for the day.
- Southwest had 820 flight delays (29% of its schedule for the day) and 395 cancelations (12%) on Tuesday afternoon.
- Airports in the Mid-Atlantic region were affected by a winter storm, which added to the cancelations and delays. Reagan National had 88 canceled flights and 127 delays, Baltimore-Washington had 68 cancelations and 41 delays, and Newark Liberty had 58 cancelations and 160 delays, per FlightAware.
- United Airlines stock was up 1.67% for the day on Tuesday afternoon.
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Market share of electric vehicle sales in Norway reached 90% in December, up 3.3% YoY. There were 18,509 electric vehicle sales in Norway, of which 13,803 were BEVs, with the remaining consisting of plug-in hybrid vehicles. More: - In 2021, there were 151,917 electric vehicles sold in Norway (up 44% YoY), consisting of an 86.2% sales market share.
- The top electric vehicle sales for December in Norway were as follows:
- Tesla Model 3, with 1,968 units (12,058 in 2021)
- Volkswagen ID.4, with 718 (8,645 in 2021)
- Tesla Model Y, with 2,379 (8,267 in 2021)
- Tesla vehicles had 11.6% of the market share, while Volkswagen had 9.6%.
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| | Written and curated by Nicolas Saravia, an avid map maker and data nerd. Nicolas has worked in the shared-scooter space, as well as advised e-bike and moped start-ups. | | | Editor | Aaron Crutchfield is based in the high desert of California. Over the last two decades, he has spent time writing and editing at various local newspapers and defense contractors in California. When he's not working, he can often be found looking at the latest memes with his kids or working on his 1962 Ford. | |
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