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Could This Be One Of The Best Ways To Play The Electric Vehicle Boom? By Ed Johnson - Apr 14, 2021, 6:30 PM CDT
EV sales jumped 43% in 2020 while overall car sales decreased by 20%, and there’s still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but there’s a potential big industry disruptor here …
One of the next big shake-ups in the auto industry - and one that will help, not hinder the adoption of EVs - is the burgeoning car subscription business.
The car subscription market is set to top $12 billion by 2027, and many of the big car makers are making moves on it, from Porsche to Volvo … and even to Hertz itself, since there is a big opportunity here.
Could This Be One Of The Best Ways To Play The Electric Vehicle Boom?
EV sales jumped 43% in 2020 while overall car sales decreased by 20%, and there’s still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but there’s a potential big industry disruptor here … One of the next big shake-ups in the auto industry - and one that will help, not hinder the adoption of EVs - is the burgeoning car subscription business. The car subscription market is set to top $12 billion by 2027, and many of the big car makers are making moves on it, from Porsche to Volvo … and even to Hertz itself, since there is a big opportunity here.
Could This Be One Of The Best Ways To Play The EV Boom
FN Media Group Presents Oilprice.com Market Commentary
LONDON, April 15, 2021 /PRNewswire/ EV sales jumped 43% in 2020 while overall car sales decreased by 20%, and there s still plenty of room to run on the electric playing field, according to some of the biggest wealth managers, but there s a potential big industry disruptor here …
One of the next big shake-ups in the auto industry - and one that will help, not hinder the adoption of EVs - is the burgeoning car subscription business. Mentioned in today s commentary includes:
Tesla, Inc. (NASDAQ: TSLA),
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LONDON, April 6, 2021 /PRNewswire/ While the EV boom has been growing for years, 2021 could be the year electric starts to take over everything. And it could happen much sooner than most people realize, as some of the biggest names are already hopping on board. Mentioned in today s commentary includes:
Tesla (NASDAQ: TSLA),
General Motors (NYSE: GM),
Ford (NYSE: F),
Blink Charging (NASDAQ: BLNK).
Amazon has already started making deliveries with electric vans in Los Angeles, as they ve agreed to purchase 100,000 vans from EV startup, Rivian. The United States Postal Service just signed a 10-year, multi-billion-dollar contract with Oshkosh Defense to produce thousands of electric mail trucks. And United Airlines just placed an incredible $1 billion order with EV manufacturer, Archer, for a fleet of electric air taxis.
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