Emerging U.S. EV Makers on the Move Several begin EV sales in 2023, following Rivian, Lucid Motors, and others Summary Rivian’s mass production stands out; many companies continue in the red, operations at risk to end Rivian Automotive: Production of 57,000 units in 2023, up 135% year-over-year; sales surge but business losses continue Lucid Motors: Production increases, but losses also increase; investment expansion with Saudi Arabian capital ...

Market & Tech Reports  Updated at: 2024/04/02

e in China (Part 2) (Oct. 2023)Charging Infrastructure in China (Part 1) (Oct. 2023)EV Charging Technology and Infrastructure Development in India (Jul. 2023)Inflation Reduction Act: Support for EV/PHEV/FCEV Purchases (Jun. 2023)Tesla: Aiming to become a global volume manufacturer through increased production (Jun. 2023)WCX 2022 (2) Electrification development speed creates concerns in maintaining pace (May. 2022)     According to the US Depart...

Market & Tech Reports  Updated at: 2023/11/16

Emerging U.S. EV Makers on the Move Lucid, Nikola, Lordstown, and others began full-scale production after Rivian Summary Each company draws up its own product and market strategy, but many report delays in their launch plans Rivian Automotive: Achieved production and sales of over 20,000 units of three commercial vehicle models (in 2022), but business losses increased Lucid Motors: Over 7,000 units produced in 2022; plant to be built in Saudi Ar...

Market & Tech Reports  Updated at: 2023/02/08

several significant schemes to promote electric mobility in India. The Government's focus is on the environment, pollution control, and the promotion of new technologies in India. It also drafted the vehicle scrappage policy to reduce polluting internal combustion engine vehicles in the country.   Production Linked Incentives (PLI) Schemes   The Government introduced the Production Linked Incentive (PLI) Scheme for the Automobile and Auto Compo...

Market & Tech Reports  Updated at: 2022/07/12

U.S. Emerging EV Automakers: Rivian goes to volume production following Tesla Vehicle deliveries to begin in 2022 with increased competition as OEMs accelerate EV launches Summary Differentiation through unique strategies, plans to expand production scale and product lineups Rivian Automotive began production and delivery of pickups and SUVs in 2021 Lucid Motors: Lucid Motors, Inc. launched a luxury EV sedan in October 2021. Plans to add SUVs Lor...

Market & Tech Reports  Updated at: 2022/02/21

lly launch L2 systems in 2022, where the high-end versions will use HD maps from TomTom which may show high-performance L2 system with better user experience. VSI believes that Toyota Teammate and Nissan ProPilot 2 may expand to US and EU (beyond their home country Japan) in 2022.   GM will resume production of Enhanced Super Cruise, but VSI expects unit volume size may still be limited this year, although Mary Barra said in her keynote that Sup...

Market & Tech Reports  Updated at: 2022/01/28

CES 2020 with the Vision-S 02 SUV concept, and announced its intent to enter the electric vehicle market. Fisker showcased the Fisker Ocean electric SUV, highlighting its market-first Digital Radar system. Togg, a Turkish startup, made its public exhibition debut at CES 2022, announcing its future production plans while showing a fastback electric vehicle concept designed by Pininfarina.   This report is the first of multiple reports focusing o...

Market & Tech Reports  Updated at: 2022/01/26

CASE Trends by NVIDIA, Mobileye, and others (Aug. 2021)CES 2021 Round-up: Industry Leaders Still Stood Out at Digital CES (Feb. 2021)   This report is for customer members only. 5 pages remaining.Read more at no cost for a limited time by registering for a free trial.   In 2020, the total global production and sales of internal combustion engine (ICE) vehicles decreased by about 15% from the previous year. This includes the impact of the econo...

Market & Tech Reports  Updated at: 2021/11/30

ar laid out both functional and non-functional requirements for its lidar system enabling highway autonomy. Luminar further breaks down the lidar component implications of various architectures, and why off-the-shelf components struggle in the move from R&D into automotive grade products for series production. Finally, Luminar also entertained the idea of how their lidar can provide higher confidence detection, faster and farther than camera and ...

Market & Tech Reports  Updated at: 2021/01/29

y The product launches of major U.S. emerging EV manufacturers will be concentrated in 2021 and 2022 Rivian Automotive: Pickups from June 2021, followed by deliveries of SUVs Lucid Motors: Bringing an upscale image at the forefront, launching EVs in stages from the spring of 2021 Lordstown Motors: Production of full-size pickup trucks for fleet customers to begin in the fall of 2021 Karma Automotive: Leveraging experience in high-end PHVs, Karma...

Market & Tech Reports  Updated at: 2021/01/15

Emerging U.S. EV makers: Full-fledged market entry from end-2020 Rivian, Lucid, Lordstown, Karma, Fisker, Bollinger, Nikola, Byton, etc. Summary Rivian Automotive: Purchased U.S. plant formerly owned by Mitsubishi Lucid Motors: Preparing for production in Arizona Lordstown Motors: Purchased plant previously owned by GM Karma Automotive: Selling 4-door PHV sports car under the umbrella of the Wanxiang Group Fisker: Targeting to manufacture a cumul...

Market & Tech Reports  Updated at: 2020/04/27

aways from CES 2020: Passenger L2...L3 Vehicles: It was clear at CES that this year, there will be many different OEMs launching L2 systems, L2+ systems, L2+ systems labeled/marketed as L3, and L3 systems with LiDAR. All of the Tier1s and sensor companies announced products with very near Start of Production (SOP) dates to support those OEM Start of Sales (SOS) timelines. New Tier One Strategies: Most tier1s seem to take focus away from RoboTaxi...

Market & Tech Reports  Updated at: 2020/01/24

ithium-ion batteries from the fall of 2012 to the beginning of 2013.  Ford has announced plans to gather a thousand engineers in the Advanced Electrification Center located in Dearborn, Michigan, US, intending to achieve 25% reduction of its electrified vehicle development lead time, and to triple production capacity for its electrified vehicles by 2013.  Chrysler plans to launch the Fiat 500 EV and make HV versions available with the Chrysler ...

Market & Tech Reports  Updated at: 2012/10/22