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EV Company News For The Month Of July 2021


  • Global electric car sales for June 2021 were up 153% YoY reaching 8.7% share. Europe sales rose 157% YoY reaching 19% share, and China sales rose 158% YoY reaching 15% share.
  • EV market news - EU proposes end to the internal combustion engine in 2035. Bank of America sees EVs representing 67% of total car market share by 2030.
  • EV company news - Tesla Q2 $1b net income. Mercedes all-electric by 2030. Stellantis 30b euro wager on EV market through 2025. Hyundai aims to triple EV sales by 2025.
  • BYD June YoY e-car sales up 207%, BMW H1 e-car sales up +148.5%, Mercedes Benz H1 e-car sales up +305.0%. Mercedes plans to go all-electric by 2030, plans for eight Gigafactories. Great Wall Motor plans to sell 3.2 million EVs in 2025.
  • 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
3alexd/E+ via Getty Images

Welcome to the July 2021 edition of Electric Vehicle [EV] company news. July saw a record month of June electric car sales with an impressive 8.7% market share (see below). Electric car sales for June 2021 saw staggering results in both

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Analyst’s Disclosure: I/we have a beneficial long position in the shares of TESLA (TSLA), BYD CO (HK:1211), XPEV, FSR, FUV, GREENPOWER MOTOR [TSXV:GPV], SAIC MOTOR, BAIC MOTOR either through stock ownership, options, or other derivatives. 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.

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