EV Industry 2020 Report

Facing pollution across the world, governments in the developed and developing economies have put more focus on sustainable business. The automotive industry is no exception, where traditional gas-based vehicles have started to be overtaken by electric vehicles (EVs). These are expected to change the way we live and as such can provide viable long-term investment opportunities.

 

Over 2 million electric vehicles were sold in 2018, up from just a few thousand in 2010, and there is no sign of slowing down. We expect annual passenger EV sales to rise to 10 million in 2025, 28 million in 2030 and 56 million by 2040.

EV-industry-report

 

In longer term, things look even better as 2020 is barely the beginning of a huge trend towards conversion of traditional gas-based vehicles to EVs.

 

Whats included in the Report:

Global and Chinese Industry Outlook

Tesla and NIO company, market and stock evaluation

Key Insights and actions taken based on the evaluation

Key theoretical perspectives and positioning