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AD #3779 - Tesla U.S. Sales Slow, Others Up Strong; GM, CATL To Build North American Battery Plant; UAW Still Losing Members

AD #3779 - Tesla U.S. Sales Slow, Others Up Strong; GM, CATL To Build North American Battery Plant; UAW Still Losing Members

Autoline Daily Mar 29, 2024 9 min
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About this episode

US EV sales are expected to surge 54.5% this year, driven by strong growth outside Tesla, whose sales slowed to just 3.3% in Q1. Used EV sales jumped 70%, aided by tax credits and battery health monitoring. GM and Ford plan North American battery plants with Chinese firm CATL, sparking political debate. The UAW faces declining membership despite high-profile efforts. Chinese automakers claim impressive plug-in hybrid ranges, while Panasonic sells its automotive systems unit but maintains partnerships. Automotive chip demand rises sharply, and Bridgestone unveils a new durable lunar rover tire made of metal for space exploration.

Topics: us ev sales growth tesla sales slowdown used ev market gm catl battery plant uaw membership decline chinese plug-in hybrids panasonic automotive business sale automotive semiconductor demand bridgestone lunar rover tire
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