Includes major US listed companies involved in the manufacture and sale of electric vehicles. With growing environmental concerns such as the impacts of climate change, many governments and consumers are prioritizing the use of clean energy and reducing carbon emissions. EVs rely on advanced technologies such as battery storage, charging infrastructure, and autonomous driving. Investing in EV stocks offers exposure to companies in these key technological and sustainable advancements, and helps investors benefit from potential growth opportunities. Many governments are offering incentives for the purchase of EVs, including tax credits and subsidies, to encourage the adoption of cleaner vehicles. This support can create a favorable environment for EV manufacturers and suppliers, potentially leading to higher profits and improved stock market performance.
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$Tesla (TSLA.US)$
On Sep 27th, BYD announced during a research event that its brand Fang Cheng Bao has signed a cooperation agreement with Huawei in Shenzhen.
The two companies, headquartered in Shenzhen, agreed to focus on conducting in-depth joint research and development of intelligent driving for BYD's Fang Cheng Bao brand. The soon-to-be-launched Fang Cheng Bao Bao 8, will be the firs...
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