Electric Vehicle Sales To Reach 2B By 2050; Internal Combustion Engine Vehicles To Reach Peak Between 2027-2033
Portfolio Pulse from Benzinga Newsdesk
According to the EIA Administrator, electric vehicle sales are projected to reach 2 billion by 2050. Meanwhile, sales of internal combustion engine vehicles are expected to peak between 2027 and 2033.
October 11, 2023 | 2:03 pm
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POSITIVE IMPACT
The projected increase in EV sales could positively impact FUV's stock in the short term.
As an electric vehicle manufacturer, FUV stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact KNDI's stock in the short term.
As an electric vehicle manufacturer, KNDI stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact LCID's stock in the short term.
As an electric vehicle manufacturer, LCID stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact LI's stock in the short term.
As an electric vehicle manufacturer, LI stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact NIO's stock in the short term.
As an electric vehicle manufacturer, NIO stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact PSNY's stock in the short term.
As an electric vehicle manufacturer, PSNY stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact RIVN's stock in the short term.
As an electric vehicle manufacturer, RIVN stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact SOLO's stock in the short term.
As an electric vehicle manufacturer, SOLO stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact TSLA's stock in the short term.
As an electric vehicle manufacturer, TSLA stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
The projected increase in EV sales could positively impact XPEV's stock in the short term.
As an electric vehicle manufacturer, XPEV stands to benefit from the projected increase in EV sales.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70