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TESLA WAS THE ELECTRIC VEHICLE PIONEER
Now who’s going to get ahead of the competition?
Robust demand and innovative technology helped China's Nio increase its total car deliveries by 50% in the past year and expand production with three new EVs this year, aiming for record revenues.
6h Trend
+5%
The US producer is about to start deliveries for its Grand Touring lineup, as plans for a new factory in Saudi Arabia by 2026 are quickly shaping up. Lucid Motors was the world's second-most valuable EV manufacturer at the end of January 2022.
6h Trend
+5%
Xpeng already sells two electric SUVs and two electric sedans, an impressive lineup for a young company. A new flagship SUV will be coming in late 2022, along with an advanced driver-assist system and a self-driving car service.
6h Trend
+5%
Li Auto delivered over 10,000 units for the third consecutive month, achieving a new record for domestic branded premium vehicles priced above 300,000 yuan (around $47,000) in China. Sales more than doubled in January.
6h Trend
+5%
When Rivian went public last November, it delivered one of the largest IPOs, exceeding $150 billion in market capitalization. Both Amazon and Ford Motor Company hold minority stakes in it.
6h Trend
+5%
Nio
Robust demand and innovative technology helped China's Nio increase its total car deliveries by 50% in the past year and expand production with three new EVs this year, aiming for record revenues.
Lucid Motors
The US producer is about to start deliveries for its Grand Touring lineup, as plans for a new factory in Saudi Arabia by 2026 are quickly shaping up. Lucid Motors was the world's second-most valuable EV manufacturer at the end of January 2022.
Xpeng
Xpeng already sells two electric SUVs and two electric sedans, an impressive lineup for a young company. A new flagship SUV will be coming in late 2022, along with an advanced driver-assist system and a self-driving car service.
Li Auto
Li Auto delivered over 10,000 units for the third consecutive month, achieving a new record for domestic branded premium vehicles priced above 300,000 yuan (around $47,000) in China. Sales more than doubled in January.
Rivian
When Rivian went public last November, it delivered one of the largest IPOs,exceeding $150 billion in market capitalization. Both Amazon and Ford Motor Company hold minority stakes in it.
Global sales –
Global sales –
The 2021 Electric Vehicles Market
IN NUMBERS
Global sales – 6.75 MILLION UNITS (108% higher
than in 2020)
EV sales in China – 3.3 MILLION UNITS (up 154%
from 2020)
EV market share – 8.57% (up from 4.11% in 2020)
Total electric vehicles on the road – 16 MILLION UNITS
Global sales –
6.75 MILLION UNITS (108% higher
than in 2020)
EV sales in China –
3.3 MILLION UNITS (up 154%
from 2020)
EV market share –
8.57% (up from 4.11% in 2020
Total electric vehicles on the road –
16 MILLION UNITS
Sources: iea.org, fortune.com
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