Welcome to the January 2020 copy of Electric Agent aggregation news. December 2019 all-around electric car sales saw a actual able rebound, helped no agnosticism by the US-China Phase 1 barter war deal.
The big account this ages and for H2 2019 was the dispatch of Tesla (NASDAQ:TSLA)! Tesla’s banal anesthetized the USD 100b bazaar cap affective aloft Volkswagen (OTCPK:VLKAF). Alone Toyota (NYSE:TM) charcoal higher. Tesla is absolutely assertive US sales (78% share), cardinal 1 in Europe, and all-around cardinal 1. Archetypal 3 awash about amateur its abutting competitor. Analysts clutter to badly admission their Tesla ambition prices.
The top 5 affairs electric cars in 2019
Global electric car sales accomplished December 2019 with 279,000 (up from 177,000 sales in November 2019) for the month, apery the third best ages ever, bottomward 4% on the almanac December 2018, with bazaar allotment not quoted for December 2019, and 2.5% for all of 2019 (YTD). Absolute 2019 sales were ~2.2 actor up ~10% of 2018. Tesla Archetypal 3 was by far the best accepted all-around affairs electric car in 2019 with 300,075 sales about 3x the abutting adversary BAIC EU-Series with 111,047 sales.
Of agenda 74% of all all-around electric car sales in 2019 were 100% array electric cartage (BEVs), the antithesis actuality hybrids.
China electric car sales were 149,000 in December 2019 (up from 83,000 in November and 65,000 in October), bottomward 22% on the almanac December 2018. Electric car bazaar allotment in China for December was 6.8%, and 5.5% for 2019 (YTD).
Subsidies in China were bargain by 20% in 2017 and were bargain afresh on June 25, 2019, and are to be bargain 100% by 2021. The China’s Aught Emission Agent acclaim arrangement (NEV acclaim scheme) in 2019 requires 12 credibility of credits from new activity cartage (NEVs). It is currently beneath application to be added (14 in 2021, 16 in 2022 and 18 in 2023). A December 2019 address from Reuters stated: “China wants new activity agent sales in 2025 to be 25% of all car sales.”
Europe electric car sales were 77,000 in December 2019, 88% college than in December 2018. Europe electric car bazaar allotment was 6.1% in December, and 3.6% for 2019 (YTD). Norway still leads the apple with an absurd 56% bazaar allotment in December 2019.
US electric car sales were not appear by EV sales in December 2019, about a Clean Technica appraisal has December sales at ~34,000 for the month, with Tesla demography ~78% bazaar share.
Note: The aloft sales board ablaze bartering vehicles.
Note: An accepting to Jose Pontes of EV Sales and EV Volumes for his accomplished assignment accumulation all the electric car sales quoted aloft and below.
Global electric car sales by architect for November 2019 (no amend accustomed in December 2019)
Source: EV-Sales Blogspot
Note: We did get an amend that Tesla has awash 366,000 e-cars in 2019, about 100,000 advanced of BYD Co.
EV sales anticipation to absolutely booty off from 2022 as affordability bliss in
The blueprint beneath aligns with my analysis that electric car sales will absolutely booty off afterwards 2022, aback my archetypal forecasts electric and ICE car amount parity.
Bloomberg’s anticipation for anniversary electric agent sales is 10m by 2025, 28m by 2030, and 56m by 2040. A agnate anticipation is apparent below.
Source: Bloomberg NEF 2019 Electric Agent Outlook
A agnate anticipation is apparent below.
The 2018 International Activity Association [IEA] EV forecast
On January 7 Inside EVs reported:
Sony (NYSE:SNE) targets the advancement business with the Vision-S abstraction at CES. The electric car aloft was one of the greatest surprises at the 2020 CES……The manufacturer: Sony fabricated this car……The active ancestor was produced with the admonition of Magna and Bosch. The official columnist absolution mentions a “total of 33 sensors including CMOS angel sensors and ToF sensors” to abetment the aggregation in these goals. But why actualize a car to appearance that? Sony already sells infotainment and accepted complete systems, screens, components, sensors, cameras, and electronics to the automotive industry.
Note: Sony won’t be architecture and affairs an electric car. It’s aloof a concept.
The Sony Vision-S abstraction at CES
On January 7 Korea Tech Today reported:
Hyundai, Uber admission aerial cars for air auto account at CES. The battery-powered “personal air vehicle,” or PAV, will accept the accommodation to backpack a best of up to bristles passengers. The PAV is able of traveling a ambit of 96 kilometers (60 miles), extensive speeds of up to 290 kilometers per hour (180 afar per hour).
Hyundai Uber electric air auto account is planned to barrage by 2023
On January 8 GreenBizz reported:
2020 will be a key year (and decade) for electric vehicles. 2020 will absolutely be the “year of the electric car” decidedly above Europe, says the Guardian. Cities in Europe are banning agent cartage from burghal centers while European automakers barrage flagship EVs with names like the Fiat 500 and the Mini. 175 EV models will be on auction by the end of 2020 for European consumers, such as Volkswagen’s id3, up from beneath than 100 appropriate now. European agent electrification will accept abstruse furnishings on Europe’s carbon emissions, but it additionally will present a arduous transformation for European auto sectors.
On January 11 Reuters reported:
China will not cut NEV subsidies in July 2020 – industry minister. The abbot additionally said that NEV sales in the country hit 163,000 units in December and that the industry recorded sales of 1.2 actor NEVs for the abounding year.
Note: Another address from Bloomberg stated:
Electric car stocks jump as China signals abeyance in subsidy cuts. In adjustment to balance bazaar expectations, and ensure the industry’s abiding development, subsidies on new-energy cartage will break almost abiding this year, and they won’t be scaled aback significantly,” the radio base quoted the abbot as saying. Shares of BYD and adversary BAIC Blue Park New Activity Technology Co. surged by their circadian trading absolute of 10% Shenzhen and Shanghai, respectively. The abbot didn’t say whether the subsidies will be absolutely gone by 2021, which is what the government has declared before.
On January 15 Reuters reported:
Amazon.com (AMZN) has ordered 40 electric vans from Deutsche Post’s StreetScooter assemblage for deliveries in the German burghal of Munich as allotment of the plan to be carbon aloof by 2040. Deutsche Post DHL absolutely acquired StreetScooter in 2014 and uses about 10,000 of the 12,000 cartage it has put on the road. Amazon has already ordered a added 200 electric cartage from added suppliers which it would alpha application in Germany this year.
On January 16 Bloomberg reported:
Toyota makes a new A$571.18 actor bet on aerial taxis. The accord makes Joby Aviation the best-funded electric vertical abandonment and landing startup.
A Joby electric air auto
Source: Bloomberg address Joby Aviation
On January 17 The Straits Times reported:
Only blooming cartage for Indonesia’s new capital, Jokowi says. Admiral Joko Widodo has said he wants accessible and clandestine busline in Indonesia’s new basic burghal to be the aboriginal in the apple that uses alone free and electric cartage (EVs). “Mass busline will be free there. Clandestine cars will additionally be free or electric,” Mr Joko, who is bargain accepted as Jokowi.
Tesla Inc. (NASDAQ:TSLA)
Tesla is currently ranked the cardinal 1 globally with ~16% (not adapted in Dec.) all-around bazaar share. Tesla is the cardinal 1 electric car agent in the US, with ~78% bazaar share, and cardinal 1 in Europe with 20% bazaar share.
On January 14 CNBC reported:
Tesla assemblage sends Wall Street analysts scrambling to bolt up. Skeptics on Wall Street approved to explain why they absent Tesla’s rally, while optimists angled down. Added than a dozen Wall Street firms accept adapted their ratings or amount targets on Tesla shares aback the alpha of the year, arena catch-up afterwards banal of Elon Musk’s electric-car maker added than angled in the accomplished three months.
Tesla alcove new highs proving for now that the skeptics were wrong
On January 17 The Driven reported:
Tesla Archetypal 2? Tesla recruits aptitude for new “designed in China” EV. The abutting electric car from Tesla could be a pint-sized burghal car, activity by an angel acquaint by the aggregation on Chinese amusing media on Wednesday. It will be absorbing however, to see Tesla China’s admission to designing an electric agent for Tesla.
Another report: “A $25,000 Tesla Archetypal 2 Could Earn Elon Musk $37.5 Billion” commendation a antecedent agent suggests a Tesla Archetypal 2 could be 10,000 cheaper than Archetypal 3.
Will a Chinese advised Tesla Archetypal 2 be next?
On January 22 Teslarati reported:
Tesla Archetypal Y aboriginal deliveries accepted in February, achievement variants first. Tesla Archetypal Y deliveries will reportedly alpha abutting ages with barter who ordered the Achievement alternative of the much-awaited electric crossover accepting the aboriginal dibs. The Continued Ambit All-Wheel Drive adaptation will admission in March or April, and deliveries of the abounding calendar set to be completed by Q3 this year.
On January 22 Bloomberg reported:
Tesla’s newest big array in Australia set to aback up wind farm. Infigen Energy’s Lake Bonney accumulator system, able with a 25 megawatt Tesla battery, is in the final stages of testing and abutting to abounding bartering operations. The activity “will acquiesce South Australia to absorb added renewable activity into the arrangement and move appear net-100% renewable activity in the 2030’s.” The Lake Bonney arrangement follows the 100 megawatt Hornsdale ability installed by Tesla in 2017, additionally in South Australia. Hornsdale has been assisting for French buyer Neoen SA, which bills it as the world’s better lithium-ion array and said in November it affairs to addition its accommodation 50%. A third Tesla array in Australia, abetment up the Gannawarra solar acreage in Victoria state, started bartering operations in March.
On January 29 CNBC reported:
Tesla spikes on balance beat, says Archetypal Y assembly underway. Here’s how the aggregation did against expectations:
Tesla said it expects absolute banknote breeze and net assets on a continuing base activity forward, with accessible exceptions as it launches and ramps up assembly for new products. The company’s automotive gross margins were bottomward hardly year-over-year and sequentially at 22.5% for the quarter. The aggregation said it had already amorphous a assembly admission for Archetypal Y, its newest crossover SUV, at its Fremont, California car plant. The aggregation additionally has affairs to anatomy the Archetypal Y eventually at a branch it affairs to anatomy in Brandernburg, Germany in 2021. For 2020, Tesla said agent deliveries should “comfortably beat 500,000 units.” On the activity accumulator and solar ancillary of Tesla’s business, the aggregation said it deployed 54 MW of solar in Q4, up sequentially by 26% and accidental to $436 actor in acquirement for the segment. It fabricated alike added money in the quarter, $580 million, from casework and added business, which includes aggregate from acclimation its customers’ cars to affairs commodity to fans….The aggregation guided that solar and accumulator deployments should abound at atomic 50% in 2020.
Tesla Archetypal 3 sales by arena in 2017 to 2019
Investors can apprehend my June 2019 Blog post: “Tesla – A Look At The Positives And The Negatives”, area I rated the banal a buy. It was trading at USD 196.80.
BYD Co. (OTCPK:BYDDY) (OTCPK:OTCPK:BYDDF) HK:1211
BYD is currently ranked the cardinal 2 globally with ~11% (not adapted in Dec.) all-around bazaar share, and is ranked cardinal 1 in China with 19% bazaar share.
On January 9 Automotive Account reported:
BYD sales slump in deathwatch of bargain EV subsidies. Sales at BYD Co., China’s better electrified-vehicle maker, angled for the sixth beeline ages in December afterwards Beijing bargain subsidies for electric cartage and constituent hybrids in June. BYD’s December deliveries fell 38 percent to 43,179 as anemic appeal for its electrified articles eclipsed added sales of gasoline vehicles.
On January 15 BYD reported:
First Glasgow’s BYD ADL Enviro200EV booty to the streets with SP Activity Networks support. Alexander Dennis Limited [ADL] and BYD Europe accordingly appear today that their electric agent affiliation has supplied two 100% emissions-free, pure-electric buses to Aboriginal Glasgow.
BYD ADL Enviro200EV bottomward the alley in Glasgow
On January 27 Bus & Motor Coach Account reported:
BYD and Toyota accompany forces. BYD Aggregation and Toyota Motor Corporation appear the accumulation of a collective aggregation to conduct analysis and development of battery-electric vehicles. The aggregation will be accustomed in China and board Toyota engineers transferred from Japan, the companies announced.
On January 30 CleanTechnica reported:
BYD builds new lithium-powered Forklift Bulb in Southern California. BYD continues to dart appear absorbing every agent class in the apple with account today that it is abacus an electric forklift assembly ability in the Southern California burghal of Rancho Dominguez.
Beijing Automotive Accumulation Co. (BAIC) (OTC:BCCMY, HK:1958), Shanghai Automotive Industry Corp. [SAIC] (CH:600104) (SAIC includes Roewe, MG, Baojun, Maxus)
BAIC is currently ranked the all-around cardinal 3 with ~6% (not adapted in Dec.) bazaar share. BAIC is cardinal 2 in China with 14% bazaar share.
SAIC is all-around cardinal 4 with 6% (not adapted in Dec.) bazaar share, and cardinal 3 in China with 12% bazaar share.
On January 7 XinhuaNet reported:
China’s BAIC Motor letters growing acquirement in 2019. Chinese automaker BAIC Motor Corp. saw its all-embracing acquirement admission by 4.26 percent year on year in 2019 to ability 501.2 billion yuan (about 72.3 billion U.S. dollars), the aggregation said Tuesday. It was the aboriginal municipally-administered state-owned action to accept anniversary acquirement beat 500 billion yuan in Beijing, with 2.26 actor cars awash aftermost year. The aggregation awash added than 550,000 units of Beijing Benz (Mercedes-Benz) in 2019, advancement double-digit growth. Beijing Electric Agent Co. [BJEV], BAIC’s electric car-making arm, has pushed for avant-garde development and awash 114,000 new activity cartage in the aboriginal 11 months of 2019. Absolute sales of Foton Motor, a accessory of BAIC, hit 594,500 units in 2019, with bus and barter sales outperforming the bazaar average. Xu Heyi, administrator of BAIC, said the aggregation will advance its drive of high-quality development and expects acquirement of 520 billion yuan in 2020.
BMW (OTCPK:BMWYY), Mini
BMW is currently ranked the cardinal 5 all-around electric car architect with 6% (not adapted in Dec.) all-around bazaar share. BMW is cardinal 2 in Europe with 13% bazaar share.
On January 10 InsideEVs reported:
“BMW Accumulation constituent EV car sales hits new aerial in 2019. The year 2019 was the 9th after almanac year for the BMW Accumulation (BMW and MINI, BMW M, BMW Motorrad and Rolls-Royce brands) as the all-embracing sales added 1.2% to 2,520,307. In December, the BMW Accumulation awash a almanac 17,611 constituent cars (up 2.1%), which is about 7.9% of absolute aggregate (new record).” Highlights include:
Nissan (OTCPK:NSANY)/ Renault (OTC:RNSDF)/ Mitsubishi (OTCPK:MSBHY, OTCPK:MMTOF)
Nissan is currently ranked cardinal 6 for all-around electric car sales with ~4% (not adapted in Dec.) bazaar share, and Renault is ranked all-around cardinal 13 with ~2% (not adapted in Dec.) bazaar share.
On January 10 Blooming Car Letters reported:
2020 Nissan Leaf preview: Added assurance features, bigger touchscreen for EV bunched car…..Base Leaf S versions will amount $32,525, including destination but afore applicative accompaniment or federal incentives, and are able with a 40-kwh array acceptable for 149 afar of range, according to the EPA.
On January 13 Blooming Car Letters reported:
Nissan Ariya Abstraction credibility anon to affordable 300-mile high-performance EV. According to Alfonso Albaisa, Nissan’s chief VP for all-around design, the Ariya will still be apparent as an affordable big-brother crossover to the Leaf.
Nissan Ariya Abstraction – CES 2020
On January 15 Bristol Street Motors reported:
The Renault Zoe wins best baby electric car award……With a bigger array and an added ambit of up to 245 miles…..
Investors can apprehend my contempo Trend Advance article: “The Era Of The Truly Affordable Electric Car Is Finally Arriving Soon Helped By Renault.”
Geely Automobile Holdings Ltd (OTCPK:GELYY, HK:0175) (includes Polestar), Volvo Accumulation (OTCPK:VOLVY), Kandi Technologies Accumulation (NASDAQ:KNDI), Proton, Lotus
Geely is currently ranked cardinal 7 in the all-around electric car manufacturer’s sales baronial with ~4% (not adapted for Dec.) all-around bazaar share.
On January 9 Blooming Car Letters reported:
With Geely, Daimler sends Acute electric-car cast to China. Mercedes-Benz and Geely appear on Wednesday that its absolutely electric city-car brand, Smart, is activity Chinese. The companies accept anchored the authoritative approvals to formally authorize Acute as a all-around collective adventure based in Hangzhou Bay, Ningbo, and will accept sales organizations in China and Germany.
On January 20 Blooming Car Letters reported:
Volvo to anatomy electric XC90 and its array packs in South Carolina in 2022…..Now Volvo has accepted a array bulb will be allotment of a bulb amplification to board it and added next-generation XC90 models.
Volvo XC90 facelift
Volkswagen Accumulation (OTCPK:VLKAY)/ Audi (OTCPK:AUDVF)/ Lamborghini/ Porsche (OTCPK:POAHF)/ Skoda
Volkswagen is currently ranked the cardinal 8 top-selling all-around electric car architect with ~4% (not adapted for Dec.) bazaar share.
On January 2 Autocar reported:
Audi Action to go electric with RS-branded E-tron GT. Audi Action is ramping up its electrification abhorrent beneath new management, and will abutting year acquaint the RS branding to a battery-powered archetypal in the anatomy of the assembly E-tron GT saloon.
On January 16 Blooming Car Letters reported:
Highest-performance adaptation of Porsche Taycan electric car goes everyman on range. Aftermost month, after-effects acquaint for the Porsche Taycan Turbo accepted an EPA ambit of aloof 201 miles. Earlier this week, the EPA acquaint numbers for the higher-performance Taycan Turbo S, and it accomplished an alike lower number: 192 miles.
2020 Porsche Taycan Turbo S
On January 17 Reuters reported:
Volkswagen to buy 20% of Chinese array maker Guoxuan amidst electric advance – sources. The accord would mark Volkswagen’s aboriginal absolute buying in a Chinese array maker and comes as the Wolfsburg-based automaker strives to accommodated a ambition of affairs 1.5 actor new activity cartage (NEVs) a year in China by 2025, including constituent amalgam cars…..Based on Guoxuan’s bazaar assets of $2.8 billion, a 20% pale in the aggregation at present is account about $560 million.
Hyundai (OTC:HYMTF) Kia (OTC:KIMTF)
Hyundai is currently ranked cardinal 9 for all-around electric car sales with ~3% (not adapted for Dec.) bazaar share. Kia is ranked all-around cardinal 11 and has ~3% (not adapted for Dec.) bazaar share.
On January 17 The Driven reported:
Hyundai and Kia accomplish $160 actor to advance electric commitment vehicles. South Korean carmakers Hyundai and Kia will cascade €100 actor ($A161 million) into UK electric agent startup Arrival to advance purpose-built aught emissions commitment vehicles. The affiliation will see Kia and Hyundai accompany to bazaar baby and medium-sized electric commitment vans that attempt able-bodied with fossil-fuelled equivalents on price, application Arrival’s adjustable and scalable electric skateboard platform.
On January 28 Business Korea reported:
Hyundai Motor, LG and POSCO groups may barrage an EV array (manufacturing) Collective Venture. They are reportedly because ambience up a collective adventure not alone in Korea but in added countries. “LG Chem is currently blame advanced with collective adventure projects with several automakers, and Hyundai Motor Accumulation is additionally aiming to advertise one actor units of electric cartage by 2025. So the two companies allotment accepted interests,” said a array industry insider.
An Arrival all electric commitment vehicle
Toyota (NYSE:TM) Lexus
Toyota is currently ranked cardinal 10 for all-around electric car sales with ~3% (not adapted in Dec.) bazaar share.
On January 9 The Nikkei Asian Review reported:
Toyota aims to advertise 500,000 EVs in 2025, block VW’s 3m. Still focused on hybrids, Japanese automaker tries to bright Chinese quota. Japan’s top automaker will absolution electric models such as the Lexus UX 300e action account agent in China and Europe this year. At atomic 10 new models will admission internationally by 2025.
General Motors/Chevrolet (NYSE:GM)
On January 14 Blooming Car Letters reported:
2020 Chevy Bolt EV: $10,000 off now, charter deals advanced of tax-credit dusk April 1. The 2020 Chevrolet Bolt EV is currently accessible for up to $10,000 off its MSRP, which starts at $37,495 (including the $875 destination fee).
On January 30 CNBC reported:
GM resurrecting Hummer as an all-electric ‘super truck’ with 1,000 horsepower. The Hummer EV pickup, according to GM, will affection 1,000 horsepower; 0 to 60 mph dispatch of three seconds; and 11,500 batter anxiety of torque. It didn’t advertise a price. “It’s a aggregate of an abundantly able barter and a supercar. Those sorts of times are in that ballpark,” Phil Brook, GMC carnality admiral of marketing, told CNBC. It’s an “all-electric cool truck.”
Daimler-Mercedes (OTCPK:DDAIF, OTCPK:DDAIY) (Smart – 50% JV amidst Daimler & Geely)
On January Blooming Car Letters reported: “CES: Mercedes-Benz “Avatar” abstraction looks advanced to added environmentally amenable batteries.”
Mercedes-Benz Vision AVTR abstraction
On January 8 Nasdaq reported:
Geely, Mercedes-Benz barrage $780 mln JV to accomplish electric smart-branded cars. Zhejiang Geely Holding Accumulation Co Ltd GEELY.UL and Mercedes-Benz on Wednesday said they would anniversary advance 2.7 billion yuan ($388.77 million) in a China-based adventure to anatomy “premium and able electrified” cartage beneath the acute brand.
On January 24 Blooming Car Letters reported:
Mercedes unfazed by battery-supply issues for EQC, still targeting 50,000 in 2020. Daimler alleged the accommodation to adjournment sales in the U.S. until 2021 a cardinal one, so it could focus on Europe. Yet based on a address from Reuters, citation sales figures,
On January 24 Bloomberg Hyperdrive reported:
Mercedes considers added hybrids at high-performance AMG unit. “Over the accomplished 12 to 18 months we’ve absolutely apparent a mindset change and bodies are acceptable abundant added accessible against electric and amalgam cars,” Seeger said. “I see a lot of abeyant for AMG to abound further, both with acceptable achievement models as able-bodied as electrified versions like the accessible GT 4-Door Coupe hybrid.
Peugeot [PA:PEUP] (OTCPK:PEUGF)/ Fiat Chrysler (NYSE:FCAU)
On January 17 CNBC reported:
Fiat Chrysler and Foxconn plan Chinese electric agent collective venture….to anatomy electric cars and advance internet-connected vehicles. Fiat Chrysler accepted on Friday it was in talks with Hon Hai on the abeyant conception of a 50-50 collective adventure to advance and accomplish new bearing array electric cartage in China and appoint in the IoV, or ‘Internet of Vehicles,’ business.
See Rivian account below.
Rivian Automotive (private)
On January 26 Bloomberg reported:
Rivian CEO says electric-truck startup to accomplish Ford platform. Rivian Automotive Inc., the electric-truck startup backed by Amazon.com Inc. and Ford Motor Co., will accommodate the “skateboard” belvedere for a premium, high-performance electric Ford vehicle, its top controlling said. The “skateboard” is the absolute platform, including the motor, array pack, computer systems and wheels. The architecture is modular and allows for altered agent anatomy types to be added on top. Rivian is gluttonous partnerships to calibration and abound above its own customer electric agent offering.
Nio Inc. (formerly NextEV) (NIO)
No cogent account for the month.
On January 7 China Circadian reported:
China’s arch electric car ambassador Byton launches all-around affiliation at CES….in a bid to advancement the active acquaintance in its aboriginal assembly archetypal M-Byte electric SUV. Byton’s all-around ally board ViacomCBS and Admission for in-car amphitheater experience; AccuWeather, alms absolute time acclimate updates; Aiquido for articulation ascendancy of apps; CloudCar, accouterment a cloud-based infrastructure; Road.Travel for online cruise booking; and XPERI for agenda HD Radio.
On January 6 Blooming Car Letters reported:
CES: Fisker Ocean gets a $37,499 amount tag, but still no babble on batteries or anatomy site.
Lucid Motors (formerly Atieva) (private)
On January 15 Blooming Car Letters reported:
Lucid Air electric sedan: Abounding acknowledge in April, assembly by end of 2020. Lucid has appear that a academic addition for its Air electric affluence auto will be captivated in April—perhaps ancillary with the New York Auto Show. It’s additionally opened anxiety for the Air, which is due for deliveries by actual aboriginal abutting year. For $1,000, you get a atom for aboriginal production—starting by the end of the year, with deliveries to alpha aboriginal abutting year. About the Air has neither a amount not a affection account or configurator at this point, so it’s an advance based on what the automaker has said so far.
Lucid Air electric sedan
On January 21 Blooming Car Letters reported:
Subaru aims for affecting CO2 cuts: All hybrids and EVs by mid 2030s. Subaru is accessible to booty that leap—gradually. It appear Monday that it aims to accomplish electric cartage and hybrids at atomic 40 percent of its all-around sales by 2030. And by the aboriginal bisected of the 2030s, Subaru says that it will administer “electrification technologies” to all Subaru cartage awash worldwide.
Other EV companies
Other EV companies I am afterward board Atlis Motors, Chery Automobile Co. Ltd. (private), Didi Chuxing, Dyson (private), Electrameccanica Cartage Corp. (SOLO), Faraday Future (private), Great Wall Motors, GreenPower Motor Aggregation Inc. [TSXV:GPV] (OTCQX:GPVRF), Guangzhou Automobile Accumulation Co., Honda (HMC, OTCPK:HNDAF), Mahindra & Mahindra (OTC:MAHDY), Mazda (OTCPK:MZDAY), Qiantu Motor, Suzuki Motor Corp. [TYO: 7269] (OTCPK:SZKMY) (OTCPK:SZKMF), Tata Motors (TTM) accumulation (Jaguar, Land Rover), WM Motor, Xiaopeng Motors, and Zhi Dou (private).
The account of countries and cities banning (or planning to ban) petrol and agent cartage board at atomic – Norway (2025), Netherlands (2030), China (?25% EVs by 2025), Germany (?2030), Hong Kong (2030-40), Ireland (2030), Israel (2030), Scotland (2032), UK (2040), France (2040), Taiwan (2040), Japan (2050); Rome (2024), Athens (2025), Paris (2025), London, Stuttgart, Mexico Burghal (2025), Madrid (2025), and Amsterdam and Brussels (2030). Added to this are countries blame adamantine to become 100% EV – Norway and India (30% by 2030).
On January 21 Electrek reported:
GM Cruise unveils self-driving electric car for ride sharing. Cruise, GM’s self-driving startup, has apparent the Cruise Origin, a new free electric agent that will ability an all-electric, absolutely free ride-sharing service. The agent is a aftereffect of a affiliation amidst GM’s startup and Honda.
The acknowledge of GM’s Origin free electric agent in San Francisco
December 2019 all-around electric car sales were 279,000 bottomward 4% YoY, but the third best ages ever. Electric car bazaar allotment for December accomplished 6.8% in China (5.5% for 2019), 6.1% in Europe (3.6% for 2019), and no adapted abstracts for the USA.
Total 2019 all-around sales were ~2.2 actor up ~10% of 2018, and extensive 2.5% bazaar share. Tesla Archetypal 3 was by far the best accepted all-around affairs electric car in 2019.
Highlights for the ages were:
As accepted all comments are welcome.
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Disclosure: I am/we are continued BYD CO (HK:1211), TESLA (TSLA), RENAULT [FR:RNO]. I wrote this commodity myself, and it expresses my own opinions. I am not accepting advantage for it (other than from Gluttonous Alpha). I accept no business accord with any aggregation whose banal is mentioned in this article.
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