Europe overtook China in 2020 to become the world’s largest market for electric vehicles, amid a pedal-to-the-metal push to increase EV adoption from governments and supercharged demand from consumers. The registrations of new electric vehicles topped 1.33 million in the key European markets last year, compared with 1.25 million in …
Read More »: Nio joins Tesla and other rivals in rush to offer more shares in electric-vehicle companies
Electric-car companies may be selling more shares than cars at the end of 2020. Amid an explosion in stock prices of electric-vehicle manufacturers, Chinese EV company Nio Inc. NIO, +2.75% announced Thursday afternoon that it plans to sell at least 60 million fresh American depositary shares, with an additional 9 …
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