WKHS - EV Company News For The Month Of December 2020

• Global electric car sales records for November 2020 up 133% YoY reaching 5.9% share. Europe sales up 198% YoY reaching 16% share, China sales rose 138% YoY reaching 8.6% share.
• EV market news - Goldman Sachs believes EV adoption is accelerating. Apple reportedly plans to launch an electric car in 2024. Tesla joins the S&P 500.
• EV company news - BYD delivers 246 eBuses to Keolis. BMW aims for 20% of its vehicles to be electric by 2023. Audi to up e-mobility investment to €35bn.
• Daimler announces €70 billion (US$85b) investment, mostly toward accelerating electrification for the years 2021 through 2025. GM’s $27 billion electric bet includes 30 electric vehicle models by 2025.
• November 2020 deliveries for Nio were 5,291, XPeng were 4,224, and Li-Auto were 4,646.

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