American electric vehicles 2020 – American electric companies Electric Dreams and US electric car company, American Electric vehicles, have been bought by American carmaker, American company, Electric Dreams.
The acquisition is the culmination of a joint bid for the American company by American Electric Vehicles and a consortium led by US investment firm, BlackRock.
The combined company, which was founded in 2012, will focus on developing, manufacturing and marketing electric cars and trucks in the United States, according to a press release.
The company, based in Virginia, already has more than 2,000 electric cars in its fleet, and has about 2,200 employees worldwide.
Its CEO, Mark Dolan, said the merger would enable the company to become more competitive in a world of rapidly changing technologies and changing customer expectations.
Electric cars, which are often designed for the road but are now increasingly designed for home or office use, are seen as the future of the industry.
They are also more environmentally friendly than gasoline-powered cars, because they do not use coal or other fossil fuels, which emit carbon dioxide and other pollutants.
According to a 2017 study by the US Department of Energy, electric vehicles accounted for less than 2% of the US fleet in 2020.
The deal, which is expected to close in the second half of 2021, was not announced in advance, but is expected for approval in late 2019.
Electric vehicles have become increasingly popular with customers, who can save money on fuel and emissions by choosing to buy the cheapest vehicles possible, rather than buying expensive electric vehicles that can cause pollution and fuel costs.