VWAPY - EV Company News For The Month Of October 2021

• Global electric car sales for Sept. 2021 - Up 98% YoY, a record 10.2% share. China sales up 171% YoY to 20% share. Europe sales up 42% YoY to 23% share.
• EV market news - UK car sales plunge but EVs soar to record amid fuel crisis. UK boosts support for EVs. China's EV sales expected to exceed 35% in 2025.
• EV company news - Foxconn launches multi-billion dollar electric car company. Tesla’s Model 3 is the first BEV to top new car sales overall in Europe. Hertz orders 100K Teslas.
• Rivian files to go public and targets valuation near US$55B, 1st deliveries of R1-T began last month. Lucid confirms first customer deliveries of Air to take place on October 30.
• XPeng and Li Auto achieve record electric car deliveries. Lion Electric receives conditional purchase order from Student Transportation of Canada for 1,000 electric school buses.

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