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Nio garners $2.2 billion investment from UAE fund

Teslarati

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. ” “We definitely face a lot of challenges, but do not have concerns for short term survival,” Qin added.

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BNEF: global investment in energy transition hit $500B in 2020; $139B on EVs and infrastructure

Green Car Congress

They also spent $139 billion on electric vehicles and associated charging infrastructure, up 28% and a new record. billion, up 12%, while investment in stationary energy storage technologies such as batteries was $3.6 billion, level with 2019 despite falling unit prices. billion (up 67%), with China at $134.8

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Tesla prepares massive shipment of Model 3 Highland for export to Europe

Teslarati

A massive shipment of Tesla Model 3 Highland units is being prepared for export to European countries, according to new drone footage shot outside of the automaker’s Gigafactory Shanghai plant. Tesla has not yet tipped off when it will begin building or shipping Highland units to the United States.

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The right way to get oil-rich West Asia to pressure electrical vehicles? Chinese language EV makers contemplate

Baua Electric

With EV call for slowing at house, and firms dealing with considerable import price lists in america in addition to a Ecu Union probe into Chinese language subsidies, automakers view the patch as a big enlargement alternative that, thus far, is in large part untapped. of the passenger-vehicle marketplace. Chery Car Co.