Mega Trends Portfolio - Tesla was dumped for our aged relic
EV wars are mutating and in the battle for supremacy, Volkswagen invests in solid-state batteries while Tesla goes down a different route, the prize at stake is massive. We assess some of the key participants investors should be following.
The debate over whether electric vehicles will take over from the internal combustion engine car is over. The combination of government regulations and the falling cost of batteries makes this a slam dunk for electric vehicles or EVs. The debate has now shifted towards battery technology. The question is no longer will batteries take over from oil as the energy source for cars. Instead, the question mark relates to the optimal battery technology.
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