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The Best Ways To Play The Electric Vehicle Boom - FN Media Group Presents Oilprice.com Market Commentary News provided by Share this article Share this article LONDON, May 17, 2021 /PRNewswire/ Electric vehicle sales jumped 43% in 2020 while overall car sales decreased by 20%, and there s still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but there s a potential big industry disruptor here … Mentioned in today s commentary includes: Tesla, Inc. (NASDAQ: TSLA), NIO Inc. (NYSE: NIO), Apple Inc. (NASDAQ: AAPL), Toyota Motor Corporation (NYSE: TM), Blink Charging Co. (NASDAQ: BLNK). One of the next big shake-ups in the auto industry - and one that will help, not hinder the adoption of EVs - is the burgeoning car subscription business. ....
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) Facedrive is not an EV manufacturer, but it looks poised to become a player in the growing EV industry after their fast ascension last year. They re growing in part thanks to the popularity of their eco-friendly ridesharing model, which sets aside a portion of each ride s fare to offset the carbon footprint of the trip. And the success of their food delivery service has also given them a boost. After two major acquisitions to grow their customer base and partnerships last year, they re now serving 280,000 active users on their food delivery platforms. That s come out to over 5,000 meal deliveries every day. ....
/PRNewswire/ After pouring trillions of dollars into the economy over the past 6 months, Biden s new plan could further light the fuse on the EV markets.. ....
Premium Content Could This Be One Of The Best Ways To Play The Electric Vehicle Boom? By Ed Johnson - Apr 14, 2021, 6:30 PM CDT EV sales jumped 43% in 2020 while overall car sales decreased by 20%, and there’s still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but there’s a potential big industry disruptor here … One of the next big shake-ups in the auto industry - and one that will help, not hinder the adoption of EVs - is the burgeoning car subscription business. The car subscription market is set to top $12 billion by 2027, and many of the big car makers are making moves on it, from Porsche to Volvo … and even to Hertz itself, since there is a big opportunity here. ....