GGPIU - EV Company News For The Month Of July 2021

• Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share.
• EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs representing 67% of total car market share by 2030.
• EV company news - Tesla Q2 $1b net income. Mercedes all-electric by 2030. Stellantis 30b euro wager on EV market through 2025. Hyundai aims to triple EV sales by 2025.
• BYD June YoY e-car sales up 207%, BMW H1 e-car sales up +148.5%, Mercedes Benz H1 e-car sales up +305.0%. Mercedes plans to go all-electric by 2030, plans for eight Gigafactories. Great Wall Motor plans to sell 3.2 million EVs in 2025.

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