Supercharged electric vehicles sales ahead after overcoming range problems
Sales of electric vehicles are rising fast, but who else can investors look to as potential beneficiaries of all this spending? Our report here identifies other potential winners from a booming sector.
While on holiday in Donegal earlier this summer, the glimpse of a Tesla driving past in this remote on the northwest Atlantic coast of Ireland piqued my interest. The take up of electric vehicles must be really gaining traction if Teslas are being seen almost 300 kilometres, or four hours’ drive, away from Dublin, the Irish capital city the Tesla was bearing the number plates of. Clearly “range anxiety”, where consumers are reluctant to switch to EVs amid concerns that the battery power isn’t sufficient for them to reach their destination, must be waning. Indeed, the majority of EV cars…