SPI Launches New Electric Vehicle Company Subsidiary- BUY LOW
SPI Energy Launches New Electric Vehicle Company Subsidiary
-launch of EdisonFuture, Inc., a wholly owned subsidiary of SPI Energy, to design and develop electric vehicles ("EV") and EV charging solutions.
- Tesla has demonstrated, an end-to-end business model in the renewable energy space can generate significant value.
- EdisonFuture is based at Silicon Valley in Santa Clara, California and complements the Company's current suite of PV solutions, including solar and battery storage technologies.
- EdisonFuture will focus on the design and development of new EV technologies and plans to partner with major manufacturers, as necessary.
- Sales of EVs topped 2.1 million globally in 2019, surpassing record sales in 2018. EVs, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.
- The infrastructure for EV charging grew to 7.3 million chargers globally in 2019. Publicly accessible chargers accounted for 12% of global light-duty vehicle chargers in 2019, most of which are slow chargers. Globally, the number of publicly accessible chargers (slow and fast) increased by 60% in 2019 compared with the previous year, higher than the electric light-duty vehicle stock growth.
-launch of EdisonFuture, Inc., a wholly owned subsidiary of SPI Energy, to design and develop electric vehicles ("EV") and EV charging solutions.
- Tesla has demonstrated, an end-to-end business model in the renewable energy space can generate significant value.
- EdisonFuture is based at Silicon Valley in Santa Clara, California and complements the Company's current suite of PV solutions, including solar and battery storage technologies.
- EdisonFuture will focus on the design and development of new EV technologies and plans to partner with major manufacturers, as necessary.
- Sales of EVs topped 2.1 million globally in 2019, surpassing record sales in 2018. EVs, which accounted for 2.6% of global car sales and about 1% of global car stock in 2019, registered a 40% year-on-year increase.
- The infrastructure for EV charging grew to 7.3 million chargers globally in 2019. Publicly accessible chargers accounted for 12% of global light-duty vehicle chargers in 2019, most of which are slow chargers. Globally, the number of publicly accessible chargers (slow and fast) increased by 60% in 2019 compared with the previous year, higher than the electric light-duty vehicle stock growth.