There's more than just the cars -- consider which companies are supplying the charging ports and high voltage connector for electric vehicles, suggests Jeff Reeves.
The shift toward electric vehicles is often positioned as a slow crawl, with projections typically estimating that battery-powered cars won’t outsell conventional combustion engines until 2025 or 2030 at the earliest.
What’s more, this massive growth happened even as EVs were incredibly expensive, and the cost structure is rapidly improving; the median sales price of a vehicle in the U.S. increased slightly last year to $36,600 while the typical price of an electric vehicle dropped more than 13% from $64,300 to $55,600.At the same time, performance is getting much better, as the median range for EVs surged from 73 miles in 2011 to 125 miles in 2018. Charge times have also dramatically improved, with BMW, +1.
One of the leading names in this category is Dublin-based Aptiv APTV, +3.22%, a company formed in part out of the shell of bankrupt auto supplier Delphi. Key components include the charging ports, high voltage connectors, shielding, sealing and everything in between. Aptiv has forecast roughly 5% revenue growth for next year, but earnings are seen jumping 12%.
Buy the batteries The battery is perhaps the most obvious and crucial part of electric vehicles, and is where most of the cost and performance comes from. So why not cut to the chase and buy one of the largest lithium battery producers in the world via Panasonic? 6752, -0.16% PCRFY, +0.77% Buy the lithium Of course, you could go one step back in the supply chain to invest in the lithium that goes into batteries. That way, it doesn’t matter who the supplier is — it only matters whether the vehicle is powered by a battery.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Porsche debuts Tesla's newest competition with the all-electric Taycan sports car for $150,900The company unveiled its first fully electric car, the Taycan, at simultaneous events in Germany, China and Niagara Falls, Canada on Wednesday.
Leer más »
Meet Taycan, Porsche's first all-electric sports car and Tesla's latest challengerThe Taycan is a billion-dollar bet on an electric-drive future, the first in what Porsche hopes will be a long line of battery-powered high-performance cars and sport utility vehicles. It is perhaps the most potent challenger yet to Tesla.
Leer más »
NTSB: Autopilot flaw, driver inattention caused Tesla crashA government investigation finds that a design flaw in Tesla's Autopilot semi-autonomous driving system and driver inattention combined to cause a Model S electric car to slam into a firetruck parked along a California freeway last year.
Leer más »
Porsche just revealed the version of its stunning $153,510 electric Tesla rival that you can actually buy — here's what it looks likeThe Porsche Taycan Turbo and Taycan Turbo S are fully electric and will compete against the high-end trims of Tesla's Model S.
Leer más »
Porsche goes green with leather-free electric sports carPorsche is making a leather-free version of its new Taycan electric sports car i...
Leer más »
Porsche Taycan Delivers Performance, Misses On Range And EfficiencyPorsche's first electric model, the 2020 Taycan has been revealed and while it meets performance expectations for the brand, it fall well short of Tesla in efficiency and range
Leer más »