The auto industry is transforming rapidly from fossil fuel combustion to electrification. China leads by far in terms of EV adoption and related infrastructure building. Europe is catching up quickly. The U.S. is likely to accelerate its pace in this transformation under the Biden’s administration’s climate initiatives. This investment research publication examines, globally, how public policies, private sector innovations and the rising demand for EV provide a solid backdrop for a massive capital allocation to the transformation of the auto and related industries.
Please check out another investment research paper under this series, “The Rise of Renewable Energy”, by Linda Zhang, October 29, 2020.
Disclosure: Dr. Linda Zhang is the portfolio manager for climate resilient low-carbon ESG ETF, ticker ECOZ. Linda is the founder , CEO of Purview Investments, a subadvisor for ECOZ. The views in this paper are not meant for investment advices, nor for investment endorsements for specific companies.