Electric Vehicle Sector Update - July 2021

Coupled with rising concerns of climate change and governments’ commitment to carbon neutrality, it is an irreversible trend of electric vehicles increasingly being adopted, with China and Europe being the key markets. This phenomenon has unsurprisingly brought investment attractiveness in the financial market. The electric vehicle-related Exchange Traded Funds (ETF) notably outperformed the general market in both the United States and China over the previous year, which was contributed by the companies in the value chain of industry, ranging from lithium & battery to vehicle manufacturing.

 

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VINCENT PANG

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Date: 19 Jul 2021 | Tags: Business Valuation

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