Electric cars aren't just Tesla

Overview of Electric Car Manufacturing Companies, in terms of functionality, not inferior to the company of Elon Musk

Electric Cars — it's not just Tesla

Electric cars aren't just Tesla

Electric cars have long stopped looking futuristic.. Some European states and the state of California in the United States have already adopted mandates to ban sales of passenger cars with internal combustion engines by 2030–2035.. The administration of President Joe Biden announced a large-scale project for the arrangement of infrastructure for the construction 500 thousand. charging stations across the U.S..

It fuels the expectations of financiers and causes noise: any mention of EV intentions sends stocks up 10 percent. Examples of this are the shares of organizations from China NIO and Xpeng, Baidu и Geely. Tesla shares have surged over the past year from 90 Doll. per share up to 900 Doll. in January 2021 G. It was specifically to them that the attention of the media was riveted the most.. Seasoned financiers are wary of Tesla's market capitalization, presupposing?? very high level of revenue growth and lack of serious competition from other manufacturers.

Who is right, Time will tell. If current prices are uncomfortable for you to shop, and there is no desire to miss a trend that is gaining development, you can consider the company, who supply electric cars to the market at more attractive prices.

For instance, company BorgWarner. The main field of work is the development and creation of a wide range of power plants and their supporting systems., also electric motors, cooling and charging systems, electronics. At the last conference, management announced the company's intentions to grow the electric vehicle sector to forty-five percent of its revenues. 2030 G. The company already currently provides a set of devices for hybrid and electric cars and plans to develop this area..

Company BMW - another possible leader in the electric vehicle market. BMW management calculates, what to 2023 G. the share of hybrid and all-electric vehicles will generate twenty percent of revenue, and gives the highest forecast of sales growth rates (fifty percent CAGR). TO 2025 G. BMW are planning to implement 2 million electric cars and present a new site called Neue Klasse, which will become the basis for all the following models. The site will be armed with new software, next generation electric motors and batteries. TO 2030 G. electric cars will account for fifty percent of the company's sales, reaching 10 million cars.

  about zero probability of recession

Another central player in the market could be a company Nissan. The company, together with Renault and Mitsubishi, has passed the phase of active investment in industrial facilities and with 2009 G. sold in total 700 thousand. Vehicle, equipped with electric batteries and engines.

How to buy shares of electric vehicle manufacturers

  • BorgWarner shares are available on exchanges NYSE (New York Stock Exchange) And SPBEX (St. Petersburg Stock Exchange) under the tickers BWA and BWA_SPB.

Rice. 1. BorgWarner Inc shares 2007–2021. Rice. 1. BorgWarner Inc shares 2007–2021.

  • BMW papers are available only to competent financiers in the system Xetra under the BMW ticker.

Rice. 2. Stocks BMW AG ST 2007–2021. A source: XETR Rice. 2. Stocks BMW AG ST 2007–2021. A source: XETR

  • Nissan Motor shares are available only to competent financiers on the stock exchanges SWB (Stuttgart Stock Exchange) And FWB (Frankfurt Stock Exchange) under the ticker NISA.

Rice. 3. Nissan Motor shares 2007-2021. A source: FWBRis. 3. Nissan Motor shares 2007-2021. A source: FWB

Posted in 'Open Magazine" 13.05.2021 G.

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