Brave New World - Edition 2

20 Aug 2021 | 5 Mins Read
By: Eastern Fin Research Team
#Brave New World
Accelerated shift towards Electric vehicles
  • Britain faces blackout due to electric vehicle revolution.
  • Across Germany, auto manufacturers have advanced their complete EV adoption deadline to 2025/2030, despite spending a fortune on the existing internal combustion system.
  • Japan automaker joining a growing chorus of major automakers in the US & Europe that are significantly accelerating their vehicle electrification efforts.
Nissan gets driving on highest gear
(Source: Extract from Bloomberg Live on Twitter)
  • General Motors last month launched a new corporate-level ad campaign - its first in more than a decade - focused on the automaker's all-electric vehicle efforts, including 30 new models globally by 2025.
  • President Biden recently set a target for 50% of all vehicle sales in the US to be fully electric, plugin hybrid, or fuel cell by 2030. Assuming ~1% annual growth in new car sales, total new car sales in the US would be ~19M by 2030 i.e., rise from ~600K currently to ~9.5M over next nine years.
  • This hockey stick growth in EV sales raises the obvious question of how the raw material inputs into EVs and the supporting infrastructure will be sourced.
Metals that could be beneficiaries with accelerated EV adoption

Other than exposure via certain listed commodity producers, there aren't any sophisticated investment options available domestically on the EV theme; unlike US listed markets which carry exposure via ETFs like Global X Lithium & Battery Tech, ISE Global Copper Index, Global X Autonomous & Electric Vehicles ETF etc.


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