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Factbox-U.S. automakers line up EV models to take on Tesla By Reuters

© Reuters. FILE PHOTO: A logo of the electric-vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo/File Photo

(Reuters) – The demand for electric vehicles pushed U.S. automakers last year to unveil plans to spend billions of dollars to electrify gasoline models or introduce electric cars and trucks in a bid to catch up with market leader Tesla (NASDAQ:) Inc.

General Motors Co (NYSE:) and Ford Motor (NYSE:) Co are among those leading the chase. Last week, Ford’s market value rose above GM for the first time in five years in a sign of increasing investor confidence in its electrification strategy.

Brokerage Wedbush estimates the electric vehicle (EV) market could be worth $5 trillion over the next decade. Here is a list of the major U.S. EV companies, along with their models and deliveries, if applicable:

TESLA INC

** Tesla, led by billionaire Elon Musk, sells four EV models: luxury sedan Model S, a less-expensive sedan Model 3, SUV Model Y and a luxury SUV Model X.

** Musk said the world’s most valuable carmaker is aiming to deliver its second-generation roadster and Semi electric commercial truck in 2023.

** Production of its much-anticipated Cybertruck is likely to begin at the end of this year, with volume production in 2023, he said.

** Tesla delivered 936,172 EVs in 2021

GENERAL MOTORS CO

** GM has paused the retail sale of its Chevrolet Bolt EV after a series of fires last year. It delivered 24,828 Bolt EV/Bolt EUVs in 2021.

** GM, which was recently dethroned as the No. 1 U.S. automaker by Toyota Motor (NYSE:) Corp, is aiming to introduce 30 new EVs globally by 2025.

** The company began deliveries of EV pick up truck GMC Hummer in December.

** GM Chief Executive Mary Barra told the annual CES technology conference via video on Wednesday that the electric Chevrolet Silverado pickup will launch in two stages in 2023.

** Initial deliveries of GM’s electric Cadillac Lyriq is expected begin in the first half of 2022.

** GM started delivering the EV600 van last month and will add the smaller EV410 in late 2023.

FORD MOTOR CO

** Ford sold 27,140 Mustang Mach-E electric crossovers last year.

** It expects to deliver F-150 Lightning electric pickup truck beginning spring this year.

** Its 2022 E-Transit van is scheduled to go on sale this year.

RIVIAN AUTOMOTIVE

** The company introduced its R1T high-end pickup truck and R1S SUV in 2018 and began selling both models in 2021.

** Deliveries of Rivian EDV (electric delivery van) began in last month with Amazon.com Inc (NASDAQ:) as its first customer.

NIKOLA CORP

** Nikola Corp, which has been embroiled in legal and management trouble, began deliveries of its Tre battery electric truck on Dec. 17.

** The company says its hydrogen-powered fuel cell electric truck with a range of up to 500 miles would be available from 2023.

LUCID GROUP

** Lucid began deliveries of the Lucid Air Dream Edition luxury sedan on Oct. 30.

** Firm says it will begin to expand into European markets in 2022 and other plans to achieve 20,000 vehicles this year.

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