GGPIW - EV Company News For The Month Of November 2021

• Global electric car sales for Oct. 2021 - Up 70% YoY, reaching 8.8% share. China sales up 113% YoY to 16% share. Europe sales up 26% YoY to 23% share.
• EV market news - Greece banning fossil-fuel cars from 2030. Biden signs Infrastructure Bill that includes $7.5 billion to build about 400,000 new electric charging stations.
• EV company news - Tesla Giga Shanghai plans 1-1.5 million e-cars in 2022. Giga Berlin may start production in December. BYD sells 80,003 NEV units in October, soaring 262.9% YoY.
• Nissan to spend $17.6B over five years to ramp up electric vehicle production. XPeng unveils new G9 Flagship. GM acquires 25% stake in Pure Watercraft to accelerate all-electric boating.
• Fisker secures long-term battery capacity with CATL for the Fisker Ocean SUV. Baidu kicks off robotaxi business, after Beijing city's fare approval.

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