EV Roundup: TM's Big Electrification Bet & NIO Day Event Take Center Stage

Last week, Japan-based auto biggie Toyota TM $Toyota Motor (TM.US)$ announced an extensive electrification drive in a bid to secure a solid footing in the red-hot EV space. China’s key EV player NIO Inc. $NIO Inc (NIO.US)$ grabbed attention with its much-awaited annual NIO Day Event held in Suzhou in China on Dec 18, 2021, to shape the future of transportation.

Meanwhile, in an attempt to cash in on the increasing investors’ appetite for EV makers, U.S. iconic motorcycle maker Harley-Davidson HOG announced plans to make its e-bike unit LiveWire public via a SPAC merger.

EV startup Rivian Automotive $Rivian Automotive (RIVN.US)$ released third-quarter 2021 results, which marked the company’s first quarterly release since it went public last month. U.S. auto giant General Motors GM also made it to the top stories of the week as its EV600 light commercial vehicle and GMC Hummer e-pickup made way to customers for first deliveries.

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