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There are 3 reasons why the EV market may be currently undervalued.
High growth rate despite of covid.
According to a report from ev-volumes.com, the global EV sales for 2021 H1 is in 3-digits growth.
The strong urge to protect the environment.
There are currently more non-EV than EV on the road. By choosing an EV, drivers can play their part by helping to reduce harmful air pollution.
More are hopping into the EV market.
Just a few days ago, $Cenntro Electric (NAKD.US)$ , an intimate apparel and swimwear company, have manage to reposition itself into the EV market.
What do you think? Do you think that the EV market is currently undervalued?
Please feel free to share your comments below.
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