Global Electric Vehicle Sector Highlights

Nissan has revealed plans to introduce a new Nismo variant on July 18, suggesting further expansion in their electrified vehicle models Meanwhile, significant strides are made in battery and EV infrastructure across the globe The EU sees advancements with Eramet launching the first industrial-scale battery-grade lithium carbonate plant in Argentina. Public charging infrastructure faces challenges, with the cost of one fast charger reaching about $120k, highlighting the urgency for extensive infrastructure setups In the commercial space, Archer Aviation and Southwest Airlines are exploring the potential for electric air taxi networks in California, while Flux Marine pushes for the electrification of marine vessels with its new electric boat package Electric vehicle market share continues to grow significantly as seen in Mexico registering a 90% year-over-year growth in EV sales, reaching a 2.5% market share. On a technological front, ZEEKR's 009 electric MPV upgraded with CATL's Qilin battery technology now recharges drastically faster, strengthening their product offerings in the ever-competitive EV market.