EV INDUSTRY
As the world battle with cutting down carbon footprint and turning our vehicles into Ekectric Vehicles not just for fuel saving and pollution, EV seems to be a better solution as more are cutting down in manufacturing Fuel-led vehicles.
I am not a driver but I read an article somewhere that a driver needs to charge from 30 minutes to half day depending on the size of battery. As all battery lifespan will continue to deteroriate, charging EV may take longer hours and some companies have already introduce battery swapped sstrategies.
I am concern that there will come a time where EV STOCKS will plummet if charging and battery issues are long term problems. More drivers would still turn to petrol-filled cars than EV. Unlike Singapore, the government is phasing out petrol vehicles and offering incentives for EV. More efforts have been implemented like more charging points making convenient to drivers.
Nevertheless EV may be the answer to the future but if more electricity is used, more heat is also produced, making the earth too hot apart from the sun rays.
I will be Queuing to sell my EV stocks. In the future, it may skyrocket in 2026 onwards but I don't intend to wait so long. I want to enjoy life when I am healthy now as life is unpredictable.
Happy Investing :)
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