Energy
Visualizing EV Production in the U.S. by Brand
Visualizing EV Production in the U.S. by Brand
How long will Tesla hold onto its dominant electric vehicle (EV) market share?
This is one of the biggest questions facing the U.S. automotive industry. On one hand, Tesla has a very strong brand and loyal customer base (similar to Apple). The company also has a headstart in EV production and spends more on R&D per car than its competitors.
On the other hand, legacy automakers such as Volkswagen are eager to overtake Tesla. As the incumbents, they have decades more experience in building cars and are investing billions of dollars to catch up.
To keep you up to date on this evolving story, we’ve visualized data from the EPA’s 2022 Automotive Trends Report.
Data for the 2021 Model Year
Although it comes from a 2022 report, the comprehensive production data used in this infographic is for the 2021 model year.
The table below breaks out total production by EV and PHEV (plug-in hybrid electric vehicle).
| Manufacturer | EV Production | PHEV Production | Combined Production |
|---|---|---|---|
| GM | 13,000 | 0 | 13,000 |
| Toyota | 0 | 54,000 | 54,000 |
| VW | 37,000 | 9,000 | 46,000 |
| BMW | 2,000 | 22,000 | 25,000 |
| Honda | 0 | 2,000 | 2,000 |
| Tesla | 339,000 | 0 | 339,000 |
| Mazda | 0 | 0 | 0 |
| Hyundai | 8,000 | 2,000 | 10,000 |
| Subaru | 0 | 2,000 | 2,000 |
| Mercedes | 0 | 0 | 0 |
| Stellantis | 0 | 52,000 | 52,000 |
| Kia | 1,000 | 1,000 | 2,000 |
| Nissan | 6,000 | 0 | 6,000 |
| Ford | 32,000 | 5,000 | 37,000 |
| Total* | 438,000 | 149,000 | 588,000 |
*Rounded to nearest 1,000. Numbers may not add up due to rounding. Includes top 14 manufacturers with U.S. footprint
Toyota and Stellantis are the two biggest legacy automakers in this dataset, though it’s worth pointing out that they only produced PHEVs. Toyota’s first EV, the bZ4X, isn’t slated for release until 2023.
Stellantis appears to be even further behind, though the company has plenty of untapped potential with brands like Jeep and Ram. In a recent interview, Stellantis CEO Carlos Tavares revealed that the company has set aside $36 billion for electrification and software.
Legacy Brands with the Most Momentum
When it comes to building EVs, some legacy brands have moved quicker than others.
Among these legacy brands is Volkswagen, which has made a major commitment to EVs in the fallout of its Dieselgate scandal. The group aims to produce 22 million EVs by 2028, and is rolling out various models including the ID.3 hatchback, the ID.4 SUV, and the ID. Buzz (an electric revival of the classic Microbus).
Ford is also showing good pace, announcing $22 billion in EV investment between 2021 and 2025. The brand produced its 150,000th Mustang Mach-E in Nov. 2022, and is aiming to build 270,000 of them in 2023 alone.
Ford’s highly anticipated F-150 Lightning has also received over 200,000 reservations. Production of the Lightning is expected to be 15,000 in 2022, 55,000 in 2023, and 80,000 in 2024. Rivian, Ford’s primary rival in the electric pickup truck segment, is on track to reach 25,000 vehicles in 2022.
Energy
The World’s Biggest Oil Producers in 2023
Just three countries accounted for 40% of global oil production last year.
The World’s Biggest Oil Producers in 2023
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Despite efforts to decarbonize the global economy, oil still remains one of the world’s most important resources. It’s also produced by a fairly limited group of countries, which can be a source of economic and political leverage.
This graphic illustrates global crude oil production in 2023, measured in million barrels per day, sourced from the U.S. Energy Information Administration (EIA).
Three Countries Account for 40% of Global Oil Production
In 2023, the United States, Russia, and Saudi Arabia collectively contributed 32.7 million barrels per day to global oil production.
| Oil Production 2023 | Million barrels per day |
|---|---|
| 🇺🇸 U.S. | 12.9 |
| 🇷🇺 Russia | 10.1 |
| 🇸🇦 Saudi Arabia | 9.7 |
| 🇨🇦 Canada | 4.6 |
| 🇮🇶 Iraq | 4.3 |
| 🇨🇳 China | 4.2 |
| 🇮🇷 Iran | 3.6 |
| 🇧🇷 Brazil | 3.4 |
| 🇦🇪 UAE | 3.4 |
| 🇰🇼 Kuwait | 2.7 |
| 🌍 Other | 22.8 |
These three nations have consistently dominated oil production since 1971. The leading position, however, has alternated among them over the past five decades.
In contrast, the combined production of the next three largest producers—Canada, Iraq, and China—reached 13.1 million barrels per day in 2023, just surpassing the production of the United States alone.
In the near term, no country is likely to surpass the record production achieved by the U.S. in 2023, as no other producer has ever reached a daily capacity of 13.0 million barrels. Recently, Saudi Arabia’s state-owned Saudi Aramco scrapped plans to increase production capacity to 13.0 million barrels per day by 2027.
In 2024, analysts forecast that the U.S. will maintain its position as the top oil producer. In fact, according to Macquarie Group, U.S. oil production is expected to achieve a record pace of about 14 million barrels per day by the end of the year.
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