BLBD - EV Company News For The Month Of September 2021

• Global electric car sales for August 2021 were up 114% YoY reaching 7.7% share. China sales rose 186% YoY reaching 19% share. Europe sales rose 60% YoY reaching 22% share.
• EV market news - Global electric passenger car sales surged 160% higher in H1 2021 led by China and Europe. U.S. Democrats propose dramatic expansion of EV tax credits.
• EV company news - BYD sold 60,508 and the SAIC led SGMW JV Mini EV sold 41,118 NEVs in August. Tesla delays Cybertruck timeline to late 2022, Roadster to 2023.
• BMW orders up $24 billion of batteries as EV demand grows. EV maker Polestar strikes $20b deal with Gores Guggenheim (GGPI) SPAC. GM Cadillac Lyriq 'Debut Edition' sells out in 19 minutes.
• Rivian wins the electric pickup truck race with first customer deliver of an electric pickup truck in the USA. Lucid rolls first EV off assembly line, will begin deliveries in late October.

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