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Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest report by clean energy watchdog Bloomberg New Energy Finance (BNEF) has revealed that investments in renewable energy capacity came to $303.5 billion, up 2% on the year, thanks mainly to the biggest-ever build-out of solar projects as well as a $50 billion surge for offshore wind.
The EV sector has emerged on top, with investments in the burgeoning industry including charging infrastructure buildout clocking in at $139 billion, good for a 28% Y/Y increase, while the passenger EV market reached an estimated $118 billion representing a four-fold growth compared to 2016 levels. ....
Share this article Share this article LONDON, Jan. 29, 2021 /PRNewswire/ Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector s favorite benchmark Global X Autonomous & Electric Vehicles ETF (DRIV) has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets underway. Mentioned in today s commentary includes: Li Auto Inc. (NASDAQ: LI), Workhorse Group Inc. (NASDAQ: WKHS), Xpeng Motors (NYSE: XPEV), Apple (NASDAQ: AAPL), Electra Meccanica Vehicles Corp (NASDAQ: SOLO). Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest ....
Electric vehicle stocks have soared to new records in the first month of 2021, and with Biden in the White House, the industry could be set for exponential growth ....
Electric vehicle stocks have soared to new records in the first month of 2021, and with Biden in the White House, the industry could be set for exponential growth ....
Electric Car Wars: Who Will Come Out on Top? Electric vehicle stocks have been on fire this past year, outperforming every other sector in the market. The sector’s favorite benchmark - Global X Autonomous & Electric Vehicles ETF (DRIV) - has climbed 75.3% over the past 12 months and is already up 13.6% YTD, managing to even outperform the red-hot biotech sector as the Covid-19 vaccine rollout gets underway. Incredibly, EV and clean energy have continued to post impressive growth numbers amid the ongoing pandemic. Indeed, the latest report by clean energy watchdog Bloomberg New Energy Finance (BNEF) has revealed that investments in renewable energy capacity came to $303.5 billion, up 2% on the year, thanks mainly to the biggest-ever build-out of solar projects as well as a $50 billion surge for offshore wind. ....