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EV Company News For The Month Of April 2021


  • Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share.
  • EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Biden’s vast infrastructure plan includes $174b to boost the markets for EVs.
  • EV company news - Tesla produced ~180,000 vehicles (sold 185,000) in Q1, 2021. Volkswagen ID.4 named World Car of the Year 2021. Mercedes-Benz to accelerate its shift to electric cars.
  • BYD launches e-platform 3.0. Nio, XPeng and Li Auto report strong March e-car sales. BofA begins coverage on Fisker with a buy and a US$31 price target.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Electric Car Charging At Power Station
Photo by peterschreiber.media/iStock via Getty Images

Welcome to the April 2021 edition of Electric Vehicle [EV] company news. April saw a near record (2nd best month ever) for March 2021 global electric car sales and a mountain of EV news.

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The Trend Investing group includes qualified financial personnel with a Graduate Diploma in Applied Finance and Investment and well over 20 years of professional experience in financial markets. They search the globe for great investments with a focus on trending and emerging themes. The current focus is on electric vehicles, the EV metals supply chain, stationary energy storage and AI.

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Analyst’s Disclosure: I am/we are long TESLA (TSLA), BYD CO (HK:1211), XPEV, FSR, FUV, GREENPOWER MOTOR [TSXV:GPV], LORDSTOWN MOTORS (RIDE). I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information in this article is general in nature and should not be relied upon as personal financial advice.

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