Earlier this year the international equity team at R Squared Capital Management wrote a blog about the potential winners and losers in the electric car race. There’s been some recent news that adds some fun color to that debate.
At the end of last month, we wrote a blog about the global shift to electric vehicles (EV). In this R Squared Capital Management blog, we’ll take a closer look at battery costs, EV adoption rates, and emerging battery technologies.
According to a 2016 survey by Japan’s Ministry of Economy, Trade and Industry (METI), the three most important impediments to buying an EV were battery-related:
While many have eagerly followed Tesla’s progress in the electric vehicle (EV) market for years now—and if you haven’t, check out TSLA’s stock, which has increased 10x over the past 5 years—governments and industry alike are piling into the space.