Page 5 - ஆல்டா புதுப்பிக்கத்தக்கவை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Retirees: 3 Canadian Dividend Stocks to Buy in July
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TFSA Retirees: How to Earn $7,000/Year and Supplement Your CPP Payout
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Investing in Your TFSA? Avoid These 3 Massive Mistakes
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TFSA Investors: 2 Canadian Dividend Stocks to Buy and Hold Forever
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Electric Vehicles and Regulations Should Boost Green Energy Stocks
More on: Image source: Getty Images
The global transportation industry is transitioning away from fossil fuels. Electric vehicles, or EVs, are taking the lead in terms of annual sales. In fact, several countries have introduced regulations to phase out traditional cars in favour of EVs by 2030. EV makers and auto part suppliers are the clear winners of this trend. But another big winner is the renewable energy providers.
The rise of EVs and cycles over the next decade imply that much of our energy consumption will move from fossil fuels to the electric grid. However, if the electric grid is dirty, this shift doesn’t do much to offset our carbon footprint. This is why renewable energy providers are expected to gain tremendous market share in the years ahead.