- Global electric car sales for Jan. 2021 up 112% YoY reaching 5% share. Europe sales up 50% YoY reaching 14% share, China sales rose 223% YoY reaching 8.4% share.
- EV market news - Bloomberg forecasts that "EV Investment growth to exceed renewable energy investments." President Biden issues an Executive Order to address issues in the EV supply chain.
- EV company news - SAIC sales surge. Tesla to set up India’s first manufacturing unit in Karnataka. GM joins the crowd of automakers cutting production over chip shortage.
- Kia accelerates EV plans, 11 EVs by 2026. Ford invests $1B in German plant, move to ‘all-electric’ passenger vehicles in Europe by 2030.
- NIO delivered 7,225 e-cars, XPeng delivered 6,015 e-cars, Li-Auto delivered 5,379 e-cars, all in January 2021. Fisker and Foxconn set to collaborate on electric vehicle project - sign MOU. Lucid Motors to go public in merger with Churchill Capital Corp IV.
For further details see:
EV Company News For The Month Of February 2021