Electric vehicles: An accelerating trend? - Hermes Investment Management
Concern about climate change and air pollution is driving an increasing focus by governments on the environmental impact of the automotive sector.
Government support of cleaner motoring is accelerating the innovation required to put mass-market electric vehicles (EVs) on the road. Switched-on auto manufacturers are embracing the change, presenting opportunities for credit investors.
In this article, Hermes Investment Management assesses the growth prospects for EVs and they include a case study focusing on the contrasting exposures of two major US car makers to this shift.
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