EV production charges up
By the Numbers
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936,172
The number of vehicles sold by electric car maker Tesla in 2021. While other auto manufacturers sputtered in search of computer chips, Tesla managed to increase its 2021 production by 87 percent over the previous year. Tesla’s success, changing consumer demand, and governments’ emission standards are pushing carmakers to invest heavily in hybrid and electric cars. The changing landscape of the auto market poses risks for legacy automakers as well as opportunities for upstarts.
$5B
The investment announced by American startup Rivian for an assembly plant near Atlanta to make the company’s electric SUV.
30
The number of electric vehicle models General Motors has promised to debut by 2025 even after the company paused sales of its electric Bolt after battery fires.
150,000
The number of electric F-150 pickup trucks Ford has promised to produce this year, reflecting strong demand for the nearly $40,000 truck.
13
The number of years until a New York measure signed into law in 2021 takes effect banning the sale of cars, off-road vehicles, and light-duty trucks with internal combustion engines in the state. Heavy- and medium-duty trucks will have to be “zero-emissions” by 2045.
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