- Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share.
- EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows to replace U.S. Gov. fleet with EVs.
- EV company news - Tesla to produce $25K car as early as 2022 in Gigafactory Shanghai: report. Daimler to invest €70 billion ($85 billion) between 2021 and 2025 into EVs.
- Merger of FCA and Groupe PSA approved by shareholders. New SPAC deals for Faraday Future via PCAC, Proterra via ACTC, and perhaps Lucid Motors via CCIV. Arcimoto enters purchase agreement to expand manufacturing footprint by 5x in Eugene, Oregon.
For further details see:
EV Company News For The Month Of January 2021