Tesla Is on Fire, Breaking Delivery Records Again

Tesla Is on Fire, Breaking Delivery Records Again

Shutdowns and supply-chain issues can’t slow Tesla Photo depicting each of the Tesla models on offer, from left to right a silver Model S, a red Model 3, a white Model X, and a blue Model Y.

Tesla produced more than 305,000 cars and delivered more than 310,000 during the first quarter of 2022. And the company achieved these numbers despite COVID outbreaks forcing two extended shutdowns at its Gigafactory in Shanghai. The factory performs final assembly of Model 3 and Model Y vehicles. 

What Does This Mean For You?

We would normally say global supply and distribution issues would slow Tesla’s efforts to deliver the cars it’s selling, but that doesn’t seem to be the case. 

Tesla produced about 500 cars this quarter compared with the last quarter of 2021. That doesn’t seem like a large enough production reduction to cause alarms.

And if you’re a Tesla owner thinking about jumping ship, this could be a great time to sell your car. We even know where you can get bids from a network of dealers instead of one trade-in offer. 

Will Tesla Ever Slow Down?

These first-quarter numbers are even more impressive when compared to the same last year. In Q1 2021 Tesla made 180,338 cars and delivered 184,800.

Fred Lambert at Electrek said the next quarter will be another interesting one. The company will likely face similar shutdowns and supply problems, but Lambert said, “Otherwise, Tesla would be well-positioned to grow significantly during the current quarter as it ramps up Gigafactory Berlin and Texas.”

How Does Tesla Stack Up?

The country’s largest automaker (GM) delivered fewer than 500 EVs in the first three months of 2022. Hyundai is the only company that reported EV sales growth in the US this past quarter. 

Green Car Reports also reported sales decreases by Audi and Kia, while BMW hasn’t even begun shipping its iX and i4 EVs. 

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US Postal Service Doubles Electric Delivery Vehicle Order

US Postal Service Doubles Electric Delivery Vehicle Order

DeJoy announced 20% of new US Postal Service vehicles will be EVsA photograph of the new EV US postal service delivery truck.

The US Postal Service is planning to purchase more than 10,000 of these cute electric delivery vehicles as a part of its efforts to replace its aging fleet.

The US Postal Service announced it’s going to order more than 10,000 electric vehicles as a part of its larger order of 50,000 “next generation” delivery vehicles.

This announcement comes after the USPS received flak for their initial order, which included 50% fewer EVs.

US Postal Service Postmaster General on the Decision

Here’s what Louis DeJoy had to say: 

“We owe it to our carriers and the communities we serve to provide safer, more efficient vehicles to fulfill our universal service obligation to deliver to 161 million addresses in all climates and topographies six days per-week.”

Why Does the USPS Need EVs?

As it stands, EVs are significantly less expensive to fuel than gas-powered vehicles, even before gas prices began skyrocketing in March. It’s no secret that the postal service is financially stressed, so any savings are welcome. 

Additionally, current trucks lack safety features and don’t even have air conditioning. Add to that the fact that the aging fleet is getting costly to maintain. 

The electric delivery vehicles could mean the USPS can save money on fuel and maintenance while future-proofing their vehicles.

And since many postal routes are short, the USPS doesn’t need its delivery trucks to go very far between charges. That gives it a little more flexibility than other logistics and transportation organizations

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Charging Stations of the Future Look Like Apple Stores

Charging Stations of the Future Look Like Apple Stores

New EV Charging Stations from Electrify America Designed for Comfort

Electrify America's new plans for EV charging stations look like a hybrid between a gas station and an Apple Store.

Electrify America announced new “Human-Centered” EV charging stations and the fueling stations of the future look like… well gas stations.

Electrify America is calling their new EV charging stations a “customer oasis.” Quite frankly, they do seem like a nice place to spend 30 minutes while you charge up your monstrous F-150 Lightning.

Follow this link to see Electrify America’s lookbook for the new concept. All joking aside, they look like a very chill place to charge a car.
 

The EV Charging Stations

Green line-drawing icon of an EV charging station.

Here’s what else Electrify America’s press release said about the new concept:

  • Providing a more inviting transition to an electric vehicle lifestyle from a traditional gas station 
  • Adding solar canopies, waiting areas, and other customer services at select locations 
  • Introducing technology and design enhancements to its next-generation ultra-fast charger
  • Expanding onsite battery storage systems to more than 150 stations

The retail spaces will be designed to accommodate waiting travelers in safe, comfortable, and well-lit spaces. 

The customer lounges should be well-received, at least until recharge times are shorter. Currently, charging takes at least 30 minutes, though industry experts think it will reach 10 minutes. 

Electrify America’s Plan

A photograph of a new EV charging station prototype from Electfiy America. The prototype is made to be both smaller and more accessible.

One of Electrify America’s next-generation EV charging stations. The company recently announced plans to make the pumps smaller and even easier to use.

In addition to the customer-focused amenities, Electrify America said it intends to increase battery capacity at 150 stations around the country to make the process more efficient. 

And the solar panel awnings will do a lot more than simply provide shade to customers. The panels should help stations produce power themselves, store it on-site, and reduce strain on the energy grid. 

The company said they’re also working to make the actual charging stations (think gas pumps) easier to use. 

The EV Charging Future

Cross-country EV road trips aren’t easy to pull off with the disjointed charging infrastructure. But, now Electrify America is stepping in to some of the gaps in the current system. 

The Biden administration and Transportation Secretary Pete Buttigieg have been clear about their plans to strengthen the electric infrastructure. They’ve been especially bullish on EV charging stations. 

Biden has outlined a plan to have 500,000 EV charging stations in the US.

As of now the future of EVs is unclear. But Electrify America has given us a glimpse into what it will look like in the short term. 

Electrek has some more details on the plan, which includes rollouts in markets in California and New York this year and next.

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The Ford F-150 Lightning Is a Monster — and it Is Going Places

The Ford F-150 Lightning Is a Monster — and it Is Going Places

The New F-150 EV Truck Hauls Tons in Extreme Heat and Goes 300+ Miles on a Charge

The more we hear about the new Ford F-150 Lightning, the more we want to get behind the wheel. We would normally say peak under the hood, but there’s nothing there (seriously, they’re calling it a “frunk”).

This Truck Is Powerful

This truck hauled a 10,000 load up the steep and frigid Ike Gauntlet in the snow. And then it hauled the same load across the sweltering Davis Dam which rises 3,000 feet in 11 miles. 

It feels like just yesterday when everyone thought an electric engine was no match for good-‘ole American combustion engines. But here we are — the most capable truck on the market might soon be an EV. We can’t wait to see the Denis Leary commercials for these trucks. “Plug into your inner tough-guy, and plug into the Ford F-150 Lightning. That’s right, lightning. Because these big tough trucks can tackle any job.”

Go the Distance in an F-150 Lightning

Image of a husband and wife cleaning up storm damage in their driveway. In the background, a Ford F-150 Lightning provides backup power to their house.

The new Ford F-150 Lightning can even serve as a backup power source for your house.

 And don’t worry about getting stranded on a rural worksite in your loaded-down Ford F-150 Lightning. The EPA confirmed Ford’s estimated ranges and even found a few trim packages to go farther than estimated on a single charge. 

The lower-tiered trims are estimated to get 230 miles and the more advanced trims should get 320 miles on a single charge.

If that don’t impress you much, the truck even serves as a power source for your house!

The future isn’t as spaceship-filled as promised, but at least the Ford F-150 Lightning feels kind of like a spaceship. 

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Uber Is Listing Yellow Taxis to Lower Prices

Uber Is Listing Yellow Taxis to Lower Prices

A yellow taxi drives through Times Square in New York. Soon, Uber will allow users to hail taxis from within its app.

Soon, the very taxis Uber sought to disrupt will be available through the Uber app. “Yellow Cab” by Bert Boerma is licensed under CC BY 2.0

How the Disruptors Are Getting Disrupted

After years of fighting and bitterness between Uber and New York taxi owners and operators, the two are joining forces. 

This is seriously wild. Uber, the “Uber” of ride-sharing apps, is turning to the very industry it disrupted to help fill the demand for drivers. The entire Uber story arc is based on its fight to eliminate the taxi-cab industry. 

And now, they’re cutting deals with the taxi drivers of New York City, the most active battleground in the aforementioned fight, all because they can’t get enough drivers to meet demand. 

What Uber’s Move Means for You?

If Uber’s plan works, fares should go down. As taxi drivers begin accepting Uber rides, the availability will go up, and surge pricing will be rarer.

As for pay, taxi drivers in New York City will be paid the Uber rate for rides accepted through the Uber app. But unlike other drivers, taxi drivers will be able to see an estimated fare before accepting the ride. 

Where Are All the Uber Drivers?

Rideshare apps are experiencing a massive lack of drivers, making it feel like we’re always paying for surge pricing. The lack of drivers can be explained by a truly perfect storm, but in one word, COVID. Here are the three factors that created the storm: 

PANDEMIC – When people sheltered at home in 2020, rides on the app fell off a cliff. 

DELIVERY – Simultaneously, food and grocery delivery demand are skyrocketing. Drivers found themselves making more money and driving fewer miles delivering food. And groceries typically don’t barf in the backseat on the way home from the bar. Dain Evans summed it up nicely for CSNBC:

“It was a bit like a gold rush for drivers who were not able to deliver passengers during the pandemic; while Uber’s ride-sharing revenue decreased 43% between 2019 and 2020, its delivery revenue increased 179%, according to its 2020 annual earnings report.”

BAD BUSINESS – To top it all off, Uber had been notorious for undercutting its drivers ever since the startup’s new-car smell wore off. As soon as the driver’s found a better way to make money, they jumped ship and didn’t think twice. 

Uber Appears to Be In It for the Long Haul

A line illustration of the Uber logo inside of a map waypoint.
This move looks like more than just a bandaid for Uber. To list taxis on its app, Uber is integrating its tech with Curb Mobility and Creative Mobile Technologies.

They’ve already worked with the Taxi industry internationally, including in countries in Europe, East Asia, and South America. It looks like integrating their competition is the future, and honestly, the best way to save Uber’s business.

Lyft Is Joining the Party, Sort Of

Meanwhile, in Nashville, Lyft is integrating Spin’s electric scooters into its app. This move is weird for completely different reasons. It seems less like they’re offering a solution and more like they’re saying, “We’re kind of busy, why don’t you just walk.”

Our Take on Uber’s Move?

Honestly, if Carmax or Cavana started buying cars on Carmigo, we’d be stoked. Inclusivity creates more room in the marketplace and usually brings the customer added value too. 

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Tornado Tosses Truck, No Big Deal For Texas Teen

Tornado Tosses Truck, No Big Deal For Texas Teen

Chevrolet replaces damaged Silverado with a brand new one

Line drawing of truck being spun in the air by a tornado.Riley Leon, a Sixteen-year-old high-schooler from Elgin, Texas, was caught in the destructive path of a Tornado. In a now-viral video, his red 2004 Chevrolet Silverado is lifted off the ground and spun around. It’s terrifying to watch, but then you see the driver speed away as if nothing happened. 

 



According to Carscoops, the “16-year-old behind the wheel shrugs and drives away like a boss.” The teen also told Fox7 Austin that he was “on his way back from a job interview at a Whataburger 10 minutes away from his home when the accident happened and is now just happy to be alive.” Thankfully Riley only sustained a few scrapes on his left arm from the ordeal. I imagine it was nightmarish to experience, but at least he is safe now.

The tornado truck survived too, kinda

KXAN Austin tracked down the truck Riley Leon was driving and the truck made it out relatively unscathed, too. The Drive reports that Chevrolet received a lot of PR from this and took it one step further. In a collaboration with Bruce Lowrie Chevrolet in Fort Worth, Riley will soon receive a 2022 Chevrolet Silverado 1500 LT All Star Edition in Cherry Red. This is definitely a silver lining and a new truck will definitely help the Leon family. It looks like Chevrolet is also sending the American Red Cross $50,000 to help Texas after the storm.

Chevrolet trades tornado truck for new Silverado

Chevrolet also released a statement on the viral video, “We are thankful Riley is safe, commend his driving skills during a frightening situation, and our hearts are with other families in Texas that have been affected by these storms. Due to the quick action of the team at Bruce Lowrie Chevrolet, the new truck will be presented to Riley and his family.” 

Chevy taking this moment to connect with Riley and his family and also donating to Red Cross looks great for the brand. It’s always nice to see happy endings to stories like these. It’s a minor effort on Chevrolet’s part, but it’s still amazing to see large corporations go out of their way to make someone’s day better. This is a great example of not overthinking corporate social responsibility. 

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What’s Up? Used Car Prices and Demand

What’s Up? Used Car Prices and Demand

This May be the Time to Finally Sell Your Car.

Graph showing used car prices are 28% higher than they are this time last year, with the average price at $27,608.

Used car prices are on the rise, but with inventory still below pre-COVID levels, demand is still just as high. 

The average used car price rose continually for the past five years, and especially so since the start of the pandemic. The over-stretched marketplace mostly caused those increases.

Let’s get in to what all that means, and more importantly, what it means for you:

Used Car Prices Are Up, Inventory Down.

The Market Watch logo featuring an icon of a line graph inside of a magnifying glass.Used car prices are 28% higher than they were this time last year (according to VehicleRemarket.com and Cox Automotive). In March, the average used car listing price dropped to $27,608 after topping out at $28,000 in December. 

And sales are heating back up after a cool February. Used car sales were 104,000 units higher the last week in February than the week before. The February dip provided a little relief in demand, giving the marketplace 5% more used car inventory than in March 2021. But even with an uptick in inventory, used car availability is still far from reaching pre-COVID levels. 

And it’s likely supply doesn’t catch up with demand any time soon. The IRS is working its way through a backlog of tax filings, having issued nearly $171 billion in refunds as of March 18. And returns that would have been spent to new cars will likely be spent on used cars due to manufacturing delays.

New Car Supply Is Lagging Behind Demand.

Many people are turning to the used car market because the demand for new cars far outpaces the current supply.

New car inventory is down for a number of reasons, beginning with manufacturing shutdowns caused by COVID. And while car manufacturers were shutting down, so were their parts suppliers. There are lots of moving gears in the supply chain, and it takes a while for them to crank back up. 

For instance, Mazda shut down two Japanese factories for two days because of a lack of auto parts. This was due in large part to spiking COVID cases in China, and ultimately will result in two-fewer-days worth of Mazdas in the already depleted new car marketplace. 

Plus, there is a new wrinkle in the supply chain. Just as vehicle manufacturers are reopened, many of the key parts and raw material suppliers in Europe are being disrupted by Russia’s invasion and corresponding war in Ukraine. Additionally, transportation is made increasingly difficult by the war itself and the rising fuel prices it has caused. 

Here’s the cherry on top. The shortages have led to waitlists and dealerships charging well over sticker price across the country, pushing even more buyers to the used car market.

What Do Used Car Prices Mean For You?

If you’ve been thinking about selling your car, used car prices are at an all-time high and demand is only poised to go up. That means there are a lot of people willing to pay higher prices for used cars. Consider shopping around for a price, or list it on Carmigo.io and we’ll shop some prices for you. 

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Should You Be Expecting a Gas Stipend?

Should You Be Expecting a Gas Stipend?

Everything You Need to Know About Gas Prices, Rebates, and Giveaways

Should you be expecting a gas stipend? The average US gas price hi an all-time high at $4.33 this month and a handful of states are considering gas tax rebates to soften the blow for residents.The average US gas price hit an all time high at $4.33 this month and a handful of states are considering tax rebates to soften the blow for residents. Meanwhile federal lawmakers are considering something similar, but seem unlikely to actually pass anything. So unless you live somewhere like Chicago — where people are giving gas away — it’s unlikely you’ll see any windfall soon. 

But it’s not all bad news. Prices seem to be stabilizing, and possibly even going down as lawmakers try to ease supply issues. 

State Gas Rebates

National Gas Price Comparison 2019–2022 show steady increases year over year beginning with an average price of $2.25 to $4.24.

As for state-level gas relief, the most aggressive proposal (from California Governor Gavin Newsome) would give Californians $400 for every car registered in their name. The state legislature proposed a similar plan that would issue smaller sums, but to more residents. 

Other states, including Maryland and Georgia have temporarily suspended the state sales tax on gasoline. Georgia went so far as to suspend public bus fares as well. Lawmakers in West Virginia and Ohio are also considering suspending or cutting their fuel taxes. 

US Federal Relief Unlikely

Last week, in a piece for Fast Company, Christopher Zara looked at the possibility of rebates or gas tax cuts at the federal level. His reporting shows there are certainly lawmakers pushing for a nationwide plan, but their success seems unlikely. 

Good News: Gas Prices Stabilize

But we do have some good news! In a Monday-morning market summary, AAA reported prices have stabilized over the past week — dropping to $4.25. Even after leveling out, the average price-per-gallon is still $0.64 higher than last month and $1.39 higher than this time last year as of March, 28 2022. 

Chicago Gas Giveaways

gas pump iconOne Chicago businessman took matters into his own hands and gave away $1 million in free gasoline last week at four Chicago gas stations. This came after the same businessman gave out $200,000 in free-gas the week before. 

A Personal Note

As for me, the charger on my Chrysler Pacifica hybrid isn’t working. If ever there was a time for my charger to break, this is not it.

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Ford splits in two as it ramps up EV production

Ford splits in two as it ramps up EV production

Ford announced it will split in two earlier this month. The company will reorganize operations to separate its electric and internal combustion engine businesses within the legacy auto brand. 

“We’re announcing one of the biggest changes in our history today,” said CEO Jim Farley. 

Farley said the new organization will allow the EV side of development and production to move faster once untethered from the much larger legacy company. 

“We are going all in, creating a separate but complementary business that gives us startup speed and unbridled innovation,” he said. 

Dividing the operations while still keeping them in-house will help appease Wall Street analysts who have been pressuring legacy automakers to spin off their electric vehicle business to secure value that some investors have been offering some EV startups. 

The move is expected to streamline its growing electric vehicle business and maximize profits. Farley said the new EV business will “produce as much excitement as any pure EV competitor, but with scale and resources that no start-up could ever match.”

As electric vehicles become more common in the general market, they’ll become more common on the used car market. That means they’ll be more common on the Carmigo marketplace too. So needless to say, we’re excited to see what Ford does next. 

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$8.5 Billion Valuation Suggests a Self-Driving Future

$8.5 Billion Valuation Suggests a Self-Driving Future

The Toyota-backed Pony.ai just recently closed their latest round of funding – placing the company at an $8.5 billion valuation.

Promises of full self-driving services such as Waymo and Cruise have dominated headlines over the past few years, but now with this aggressive valuation on the books, we may begin to see this technology hit the streets sooner rather than later.

Pony.ai is currently operating in four cities: Guangzhou, Beijing, Irvine, CA, and Fremont, CA. Riders can hail a driverless taxi via the Pony.ai app, but as of right now, safety drivers are still required to be behind the wheel during the duration of the trip.

Great progress has been made in the driverless sector in recent years. Elon Musk went on record in January saying that Tesla cars will achieve full self driving capability by the end of 2022. However, the industry is still reeling from the fatal self-driving Uber accident in 2018.

One thing is clear: a major hurdle for full adoption of the technology will be consumer’s confidence in the safety of the product. But for now, Pony.ai said their focus is on hiring and expanding their test markets.

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