The Electric Vehicle Revolution: An Overview Of An Industry Poised For Growth

|
Includes: AVAV, BYDDY, CBAK, F, GM, KNDI, LIT, NSANY, TSLA, UQM, ZAAP
by: Endeavor Analytics

Summary

The EV revolution is investable in three ways - through EV manufacturers, EV charging station operators or through firms involved in lithium mining or cell creation.

EV adoption is still extremely low, with market penetration remaining around 1% or less in most developed markets worldwide.

Aggressive government subsidies have sped up adoption of EVs, while some European governments such as Germany are considering banning the registration of new gas cars after 2030.

EVs are becoming increasingly economical without subsidies as well as due to their extremely low operating costs and declining sticker price.

The implementation of the Chevy Bolt and the Tesla Model 3 will likely launch the first mass adoption of EVs.

Final Thoughts

If you enjoyed this article and want to read more like it, please scroll to the top of the page and click the follow button next to my author profile. This will provide you with updates when actionable articles such as this are posted.

Be sure to leave your thoughts in the comments section below as well, I look forward to discussing the EV industry with the Seeking Alpha community.

Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Editor's Note: This article covers one or more stocks trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks.