11 Stocks for the Electric Car Revolution

Electric vehicles will account for one in five cars sold within a decade - part two of our series looks at stocks set to benefit from the boom

Lex Hall 25 October, 2019 | 9:18AM

electric car

In just over a decade, battery electric vehicles will account for one out of every five cars sold. The 2020s will also be the decade of the hybrid, as these partially electric cars will reach 30 per cent of new car sales by 2030. At the same time, by 2030, half of all new cars sold will be EV or hybrid.

In a new report on the revolution in the electric vehicle sector, Morningstar has identified the sectors that stand to benefit. They include:

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About Author

Lex Hall

Lex Hall  is Content Editor for Morningstar Australia

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