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How Smart Money Is Playing The $700 Billion EV Boom
01 Aug 2023 | Abstracted from Business Insider
"China is the '800-pound gorilla' of global EV supplies, and it dominates this market in every way, including sales...In the first half of 2023, the Chinese sold 2,093,000 EVs.
"In Europe, the second largest market, EV sales rose by over 15% in 2022, while sales in the United States – the third largest market – increased 55% in 2022
" this has been rewarding for investors, especially considering that the top 14 EV stocks with only a fraction of the market capitalization of their traditional auto giant peers ended up outperforming them on the stock market."
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