TTM - EV Company News For The Month Of March 2021
- Global electric car sales for Feb. 2021 up 136% YoY reaching ~4-5% share. Europe sales up 66% YoY reaching 14% share, China sales rose 500% YoY reaching 9% share.
- EV market news - EU plotting ban on internal combustion engine as of 2025: Industry. UBS increases EV market share forecast to 20% by 2025 and 50% in 2030.
- EV company news - Tesla PT increased by ARK Invest to $3,000 in 2025. Volkswagen targeting six cell factories in Europe by 2030. Volvo to go all electric by 2030.
- Kia officially unveiled its first-ever battery-electric vehicle [BEV], the EV6. Lucid delays production start of Air electric sedan until early in H2 2021, luxury EV model almost fully reserved. Arrival lists its shares on Nasdaq with ticker “ARVL”, first electric vehicles due Q4 2021.
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EV Company News For The Month Of March 2021