- Global electric car sales Feb. 2022 - Up 99% YoY reaching 9.3% share. China sales up 176% YoY to 20% share. Europe sales were up 38% YoY to 20% share.
- EV market news - UK hits new record electric car market share. Germany joins EU ICE ban by 2035. Record high gas prices are driving demand for EVs.
- EV company news - BYD Co. sales surge, partner with Shell, deal to supply Blade Batteries to NIO & Xiaomi. Tesla opens Giga Berlin and plans for a stock split.
- SAIC-GM-Wuling aims to double NEV sales by 2023. Volkswagen AG plans to invest at least $7.1 billion in North America. Stellantis, LG announce $5.1-billion EV battery plant in Windsor, Ontario.
- BMW wants to build five battery gigafactories with partners. XPeng March deliveries surge to 15,414. Ford steps up Europe EV push with seven all-electric models.
For further details see:
EV Company News For The Month Of March 2022