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home / news releases / ev company news for the month of september 2020

DPHC - EV Company News For The Month Of September 2020

Lordstown Motors Corp Cl A
  • Global electric car sales for August 2020 were up 58% YoY, with 3.8% market share (3.1% YTD). Europe electric car sales surged 171% with 11% market share in August. Wow!
  • EV market news: California to ban new gasoline cars by 2035. Tesla Battery Day numbers were mind blowing.
  • Forbes - "Tesla’s $25,000 electric car means game over for gas and oil." BP: The era of oil-demand growth is over.
  • EV company news: Musk says Tesla plans new $25,000 EV in about three years. Toyota accelerates EV plans by five years, targets 5.5m EVs pa by 2025.
  • Groupe PSA and Total create a JV to manufacture batteries in Europe. Nikola and GM form strategic partnership. SAIC to have nearly 100 new EV models by 2025.

For further details see:

EV Company News For The Month Of September 2020
Stock Information
Company Name: Lordstown Motors Corp Cl A
Stock Symbol: DPHC
Market: NASDAQ
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