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Jervois Global Ord Shs V.JRV

Alternate Symbol(s):  JRVMF

Jervois Global Limited is an Australia-based supplier of cobalt and nickel, serving both the battery and chemicals markets. The Company's segments include Australia, Brazil, Finland, United States and Other. The Australia segment includes Nico Young and other Australian tenement licenses held. The Brazil segment includes the Sao Miguel Paulista nickel and cobalt refinery (SMP Refinery). The Finland segment includes the cobalt refining and specialty products business located in Kokkola, Finland. Its product categories include chemical and catalysts, pigments, powder metallurgy and battery. The United States segment includes the Idaho Cobalt Operations (ICO) cobalt-copper-gold mine in Lemhi County outside of the town of Salmon, Idaho. The Other segment consists of non-core exploration not related to Australia and the United States. The Company's non-core assets are located in Canada (Virgin River project and Kernahan/Bell project) and Australia (Arunta West project).


TSXV:JRV - Post by User

Post by Braggs2on Feb 06, 2021 8:17am
226 Views
Post# 32492283

Article from another Board

Article from another Board

EV Company News For The Month Of January 2021

Feb. 03, 2021 1:49 PM ETACTC, ACTCU, ADOM...39 Comments34 Likes

Summary

  • Global electric car sales records for Dec. 2020 up 105% YoY reaching 6.9% share. Europe sales up 264% YoY reaching 23% share, China sales rose 12% YoY reaching 9.4% share.
  • EV market news - "The electric car future is finally taking off." BNEF -EV sales to surge 60% in 2021. Biden vows to replace U.S. Gov. fleet with EVs.
  • EV company news - Tesla to produce $25K car as early as 2022 in Gigafactory Shanghai: report. Daimler to invest €70 billion ($85 billion) between 2021 and 2025 into EVs.
  • Merger of FCA and Groupe PSA approved by shareholders. New SPAC deals for Faraday Future via PCAC, Proterra via ACTC, and perhaps Lucid Motors via CCIV. Arcimoto enters purchase agreement to expand manufacturing footprint by 5x in Eugene, Oregon.
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Get started today »

Welcome to the January 2021 edition of Electric Vehicle company news. January saw December 2020 electric car sales hit more new records with Europe being the star performer boosted by a surge from Volkswagen and support from regular star performers BMW, Tesla, Mercedes and Renault.

H2 2020 will be remembered as the time when the serious EV disruption of ICE began. In yet another stunning record month for electric car sales here are some incredible stats on electric car sales market share for December 2020: France (19%), Germany (27%), Sweden (49%), Netherlands (72%), Norway (87%) and for all of Europe (an incredible 23% market share).

Global electric car sales as of end December 2020 

Global electric car sales finished December 2020 with over 500,000 sales for the month, up 105% on December 2019, with a market share of 6.9%for December 2020, and 4.0% YTD (EV-Volumes has it at 4.2%). Full year 2020 sales of 3.24 million were up 41% (EV-Volumes has it at 43%)on 2019.

Note 69% of all global electric car sales in December 2020 were 100% battery electric vehicles (BEVs), the balance being hybrids.

 

China electric car sales were a record 224,000 in December 2020, up 12% on December 2019. Electric car market share in China for December was 9.4%, and 6.3% YTD. Reuters reported in November 2020 China has a 20% NEVs target for 2025. A September 2020 report from Bloomberg Green stated: "China's updated NEV target for 2025 is 15% to 25%. For 2035 the NEV target will be 50% to 60%."

Europe electric car sales were a new record 281,000 in December 2020, up 264% on December 2019. Europe electric car market share was an amazing 23% in December (up from 16% in Nov. 2020), and 11% YTD (2020 year in total).

US electric car sales were not reported by EV Sales in December 2020 as it appears many ICE brands don't want to publish their EV sales numbers.

Note: The above sales include light commercial vehicles.

Note: An acknowledgement to Jose Pontes and the team at EV Sales Blogspot and EV Volumes for their excellent work compiling all the electric car sales quoted above and below.

2020 global electric car sales soared higher to reach 3.24m and 4.2% market share, up 43% on 2019


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