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Led Headlights For Semi Trucks, How to capitalise on the electric car revolution-Electric vehicles have existed since 1828, but their dominant position in popular societies has been the theme of science fiction over two centuries.

Recently, it has become commonly known that electric vehicles have met, partly by government measures, such as the proposed ban on the sale of new gasoline and diesel engines in 2040, or proposals to build new houses at stations. charging electric cars.

Further information: Members call on the government to ban diesel and petrol engines by 2032

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But climate change is not just a political agenda. Electric cars are easier to access and lead to mass markets.

The long-awaited Tesla 3 model, launched last year, costs 28,000 pounds, the average price of a new American car. Since Tesla’s first model was £ 86,950, it’s a big change in less than ten years.

Over the past 30 years, acute technology has improved considerably. According to Rathbones, Sanjiv Tumkur, the amount of energy in the lithium-ion battery that can be charged more than half since 1991, which reduces the weight of the electric car battery.

Tumkur also points out that the average electricity price for electricity will fall to $ 109 per kWh in 2025 when it was $ 1000 in 2010.

“Cheaper, lighter and more efficient batteries are indispensable for available and fast electric vehicles, and alternative energy sources play a greater role in the economy,” he said.

Not only is it not to compromise performance, but electric vehicles require less maintenance than gasoline or diesel engines, as Tumkur notes that the electric motor has about six moving parts compared to hundreds of internal combustion engines. decor.

As the revolution accelerates, automakers will no longer be able to stay in place

How can traders use this growth?

Tesla is a clear competitor for electric vehicle companies. The company has to report model Y, Truck Trailer and Sports Car Roadster over the next two years, and what do you think of as the founder of Maverick, Elon Musku, Teslin’s vision is exciting.

Additional information: Tesla’s shares are growing, while the US court approves the DIP agreement.

But when Tesla is three times on the road (and electric cars are colder), now all the big car brands have brought electricity models to the market.

Companies such as Nissan, Volkswagen and BMW have invested heavily in expanding the market for clean electric vehicles, while Toyota is now the hybrid models of the famous Prius model.

Investors need to look for companies that invest heavily in electrical models. As the revolution revolves, auto companies can no longer afford to remain firm.

Not only electric car manufacturers should benefit from this development, but also manufacturers of these car components.

Lithium and cobalt are used, for example, to manufacture batteries. As more and more people buy electric cars, the demand for these raw materials is growing. However, lithium is not uncommon and more and more mining companies use this product, utilizing changes in electric cars that could flood the market. According to supply and demand, this means that lithium prices will fall in the next few years.

Cobalt is less common and makes cobalt guns, such as Glencore or ERG, more attractive to investors.

Another option is an indirect investment in electric cars by buying shares from technology developers. A durable investment team Liontrust expects increased demand for security systems that use electronic technologies in vehicles such as: B. Control and brake sensors.

Take an example of the French Valeo, which offers sensors and intelligent functions.

Last year, the number of electrical appliances grew by 54 per cent to around 3.1 million, according to the International Energy Agency. And this is just the tip of the iceberg, since electric cars have to reach 125 meters by 2030. Government policy encourages drivers to buy a greener vehicle.

However, if you get the economic benefit of this revolution in the electric car, it is a great advantage to create a cleaner world where we all live.