HYMLF - EV Company News For The Month Of May 2021
- Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share.
- EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and OEMs flock to the Shanghai Motor Show with a focus on EVs.
- EV company news - SAIC records 50,000 EV sales in April, up 432% YoY. BMW Q1 2021 deliveries of EV more than doubled. Volkswagen Europe sales surge and Euro100m+ for EVs.
- BYD builds one-millionth new energy passenger car. Ford received almost 45,000 F-150 Lightning pre-orders in <48 hours. Fisker soars as EV deal with Foxconn to include U.S. factory.
- EV firm Rivian could seek $70 bln valuation in IPO. Elon Musk says the difference between v8 and v9 of FSD beta will be “gigantic”.
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EV Company News For The Month Of May 2021